|Day Low/High||51.31 / 52.14|
|52 Wk Low/High||32.65 / 56.64|
The 'organic' economy has to take over at some point, and at that point, at least in theory, demand for credit should accelerate.
The acceptance by corporate America and the rest of corporate earth certainly makes knocking bitcoin off of its pedestal more difficult.
Plus, we check in on Peloton and Datadog and the Nasdaq Composite Index.
Despite the dramatic and highly negative decline in economic activity that forced algos to hit the markets from above, enough portfolio managers faded that move to lessen its impact.
These undervalued names fit well in a diversified portfolio.
Does such a large increase in Chinese spending on U.S. 'stuff' give reason to doubt that future action lives up to words on a page (or 86 pages for that matter)?
Of course, performance matters, but investors are forward looking. For this name, this is especially true.
* Scharf is a great "get" for Wells Fargo * I expect the long standing underperformance of the bank will soon be a thing of the past * While absolute EPS growth will likely be lackluster over the next 12 months, my analysis argues for the resumption...
* The bank's management change is quite bullish This morning Wells Fargo has named BNY Mellon's Charles Scharf as its new CEO. I have followed Scharf's career for decades - he is the real deal. Many have given up on WFC, the stock... but I haven't (...
Good morning folks! As Doug heads off on vacation (something I'll be doing on Saturday myself), I'm sitting in today for him, and I'll be doing so again right before his return. We're in the second real week of the June-quarter earnings season, and ...
Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.
Here are six financial services stocks that could make good buys for bargain-hunting investors.
A cheat sheet of expected questions for investors and political theater enthusiasts.
It is likely time to build a long position in GS, but only on my terms.
Why does it always make me feel uncomfortable when my plan diverges from Warren Buffett's?
As uncertainty increases, expect greater demand for safe haven assets.
I like my odds with the Mega Millions better than buying a stock in a prolonged downtrend.
It's time for the central bank to show the same level of concern for their misplaced aggression.
If the Bank of New York falls below $50, it could see a rapid decline.
The crash of oil will only accelerate the move.
For my portfolio, you can't beat this SBUX competitor -- and for a cup of coffee.
Consider these securities for your portfolio in a rising interest rate environment.