Deutsche and More Big Movers in Financial on December 13, 2012

The market is having a bad day so far. The Nasdaq has fallen 0.4%; the S&P 500 is trading down 0.3%; and the Dow has declined 0.2%. The financial sector is the category of stocks containing firms that provide financial services to commercial and retail customers. This sector includes banks, investment funds, insurance companies and real estate. Financial services perform best in low interest rate environments. A large portion of this sector generates revenue from mortgages and loans, which gain value as interest rates drop. Furthermore, when the business cycle is in an upswing, the financial sector benefits from additional investments. Improved economic conditions usually lead to more capital projects and increased personal investing. New projects require financing, which usually leads to a larger number of loans.

The Financial sector (XLF) is currently ahead of the overall market, down only 0.2%, and its biggest movers are currently:

Company	Market Cap	Percentage Change
Harbinger Group (NYSE:HRG)	$1.43 billion	-25.9%
MBIA (NYSE:MBI)	$1.58 billion	+8.1%
ProAssurance (NYSE:PRA)	$2.83 billion	-5.6%
Deutsche (NYSE:DB)	$40.91 billion	-2.6%
CME (Nasdaq:CME)	$17.6 billion	-2.3%
Molina Healthcare (NYSE:MOH)	$1.36 billion	+2.1%
KB Financial Group, Inc (NYSE:KB)	$13.19 billion	+2.1%

Broker Summary: Fidelity Online Brokerage

Harbinger Group (NYSE:HRG) is currently trading at $7.57 per share, after a steep drop of 25.9%. This morning, the company's volume is 5.7 million shares. This is 51.9 times the current daily average.

After rising 8.1%, MBIA (NYSE:MBI) is currently trading at a share price of $8.80. The company's volume for the day so far is 2.4 million shares, 1.1 times its current three-month average.

ProAssurance (NYSE:PRA) has fallen 5.6% and is currently trading at $86.96 per share. So far today, 46,387 shares have changed hands.

Deutsche (NYSE:DB) has decreased to $43.44 per share, a 2.6% fall. So far today, 1.3 million shares have changed hands,.

CME (Nasdaq:CME) is trading at $51.56 per share, down 2.3%. So far today, the company's volume is 1.1 million shares. This is in keeping with its current daily average.

Molina Healthcare (NYSE:MOH) has moved up 2.1% and is currently trading at $29.75 per share. So far today, the company's volume is 59,151 shares, 0.1 times the average volume over the last three months.

Rising 2.1%, KB Financial Group, Inc (NYSE:KB) is currently trading at $34.88 per share. This morning, the company is trading a volume of 47,124 shares.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.