35 Stocks Financial Sector Mutual Funds are Mocking Us With

I usually post a "best of" list each week in terms of best returns. I thought it would be instructive to show the top 35 stocks (over $2 billion market cap) of the past week. The numbers are staggering... not just in the % return but I am including the market capitalization in the far left column. For those who are newer to the market, market capitalization is simply the # of shares X the stock price and it signifies "size". The scale below is billions so 13.2 = 13.2 Billion. When you cross reference the percentage moves against the market caps you can see you many "billions" have been created on paper in the last 5-6 days. Again, we've seen this action before, and you just have to shake your head when stodgy financials trade like small cap Chinese stocks or dot coms from the late 90s, falling 60%... popping 50%. $100 Billion market cap companies at that. Obviously it represents a very stable economy as financials are our "backbone"... or is it rear end?

Again, for now these are the "Golden Children" but I contend the list of this and last week's winners will in fact be the "Best of (Shorts)" list in about 3-4 weeks. They have been throughout the fall winter and spring. No reason to change now. Unless you believe the economy is recovering by New Year's.

p.s. someone remind me to buy Northwest Airlines the next time crude is $150. Thanks.

Mkt Cap	Symbol	Company Name	% Price
13.1	FNM	Fannie Mae Ord Shs	89.7
35.9	WB	Wachovia Corp Ord Shs	84.9
6.3	FRE	Freddie Mac Ord Shs	84.4
144.1	BAC	Bank of America Ord Shs	74.7
2.2	NWA	Northwest Airlines Corp	68.5
7.9	RF	Regions Financial Corp	65.7
14.0	LEH	Lehman Brothers Holdings	52.8
2.6	FDRY	Foundry Networks Inc	50.4
100.8	WFC	Wells Fargo & Co	48.4
4.7	CMA	Comerica Inc	48.1
17.4	LVS	Las Vegas Sands Corp	47.6
14.0	STI	SunTrust Banks Ord Shs	47.0
3.0	ZION	Zions Bancorp Ord Shs	46.8
3.3	JEF	Jefferies Group Inc	45.8
8.1	GM	GM Ord Shs	45.5
15.6	BBT	BB&T Corp	43.9
113.8	C	Citigroup Ord Shs	43.5
5.8	KEY	Keycorp Ord Shs	43.3
8.6	FITB	Fifth Third Banc Ord Shs	43.2
24.3	PNC	PNC Finl Service Ord Shs	40.7
7.0	BRL	Barr Pharmaceuticals Inc	40.7
7.0	UB	UnionBanCal Corp	39.3
18.9	IBN	ICICI Bank	38.8
33.7	MER	Merrill Lynch Ord Shs	38.4
3.2	PHM	Pulte Homes Ord Shs	36.6
70.1	AIG	Amer International Group Ord Shs	36.3
2.5	VLY	Valley National Bancorp	36.2
26.0	BLK	Blackrock Inc	34.6
2.2	AF	Astoria Finance Ord Shs	34.4
52.9	USB	US Bancorp Ord Shs	33.8
5.7	RCL	Royal Caribbean Cruises Ltd	33.2
2.4	CYN	City National Corp	32.9
3.3	SNV	Synovus Financial Corp	32.0
4.0	MI	Marshal & Ilsley Ord Shs	31.8
140.0	JPM	JP Morgan Chase Ord Shs	31.7