Prev Close | 34.45 |
Day Low/High | 32.96 / 34.98 |
52 Wk Low/High | 34.25 / 50.11 |
Prev Close | 34.45 |
Day Low/High | 32.96 / 34.98 |
52 Wk Low/High | 34.25 / 50.11 |
Exchange | NYSE |
Shares Outstanding | 8056.88B |
Market Cap | 277.56B |
P/E Ratio | 16.87 |
Div & Yield | N.A. (N.A) |
I covered my short for a small profit.
Questions about the staying power of the present market turn are crucial for portfolio positioning.
I am back shorting at $46.23 - I remain long . My thesis is here.
Regardless how the Fed tea leaves fall today, the recent spike in volatility is likely to be with us for a while.
Wells Fargo , Citigroup and Bank of America are all green. Adding to , , and .
I just covered my and shorts.
Bank of America now down on the day.
I previously put on a profitable pairs trade long and short . At the time, JPM was "everyone's" favorite financial. I remain long C. I am now shorting "everyone's" current favorite financials - ($46.88) and ($56.08) against C. Here is my recent ...
Plus, Ford and Rivian, and SoFi Technologies' national bank charter.
Traders who are long should continue to hold those positions, but here's where to risk to.
Friday brings about data for December retail sales and industrial production, and the start of the fourth quarter earnings season as big banks start to report.
Plus, a look at rising mortgage rates and why SoFi Technologies is a stock for which I continue to hold out hope.
There are other areas to trade as well, but know what you are trying to accomplish.
* Market participants appear to be waiting until Citigroup's divestiture program from a number of foreign markets is fully completed * Redeploying those assets into buybacks, with the shares at a large discount to book value, makes a lot of financia...
The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.
* It is still time to be cautious as it grows more likely that an important market top has been sketched * But, after the reasonably sharp and steady fall of the average stock (non "Nifty Seven") over the last several months - opportunities are like...
I am establishing a long position ($42.90) in premarket trading.
* Ms Market is bigger than all of us * Market narratives are shifting daily, depending on the market's performance that day * Speed of price movement in all asset classes are nearly unprecedented in a regime of heightened volatility * Everyone seems...
I covered my short for a push. And I just added to my Nov $434 call short at $13.14. I also added small to my long.
Still, my favorite financial name at the moment is SoFi Technology as I believe that they have all of these banks in their sights.
Banks rolling over after beats. Brokers initial gap turns into losses. FAANG gains moderating. Getting more serious on short side. Shorted at $44.17 against my and longs.
While supply-chain constraints are a global problem, consumer-level inflation is not yet as broad a problem, or at least not evenly distributed.
JPM reported the firm's third quarter financial performance and the unofficial start of earnings season is officially underway.
While rates are playing havoc with growth stocks, there is other rotational action going on.
Let's review the charts and indicators.
Here's what price I see as a buying opportunity.
Bank stocks have been big winners this year, but is there room left to run?
Having a debt ceiling is foolish, it only ever matters to the party currently out of power and never really does what it was intended to... curb federal spending.
Plus, a closer look at a tough Thursday for equities and a rundown on the stocks the author is accumulating.
Energy is now making its way into the list of worries for economic growth -- but a surge in crude can also be an opportunity for investors.