|Day Low/High||10.51 / 10.63|
|52 Wk Low/High||9.54 / 17.33|
Here is your round-up of the financial news from around the world.
Investors should look at cheap, inflation-proof stocks, which could be very cheap.
Britain's biggest supermarket buys wholesaler Booker for $4.6 billion.
Parliamentary approval is needed to start the two-year process for Britain's exit from the EU.
The EU's 5G action plan could bring new regulatory hurdles for U.S. tech giants.
Fundamental analysts can buy the falling knife, but I prefer to wait for evidence that the decline is finished.
Again, for emphasis, given the large price gains (top market sector in last three months) and a flattening of the yield curve, be patient about adding to bank stocks. I have previously written about my buy entry points for the group on a market drop...
In response to a number of emails, I would not chase bank stocks now nor would I sell the stocks -- unless the timeframe is quite short term. Let the sector back down on profit taking after the huge move. It's a long game.
The correction in Germany’s blue-chip DAX index opens up opportunities for investors, one strategist said.
I shorted small in SPY and QQQ. I added to longs of Ford (F), General Motors (GM), Radian (RDN) and a few closed-end municipal bond funds.
Here is a three-month chart of Citigroup (C) and JPMorgan (JPM) compared to the SPDR S&P 500 (SPY). I cut my teeth on the sector and have some street cred in the group, having been Putnam's bank, thrift and GSE analyst in the 1970s. I also coauthore...
Stated simply, I cannot see a better set up for bank stocks than there is right now. While I wouldn't aggressively chase the strength (after a nice near-term climb -- then again, I would not chase any longs at this time) I am a buyer on any weakness...
Shares of many money center and regional banks that I have written about are making new highs today. I would not disturb holdings in this, my favorite long sector. Several are on my Best Ideas list, including today's addition of Midsouth Bancorp (MS...
"There are better starters than me but I'm a strong finisher." -- Usain Bolt I have consistently been adding to bank stocks on weakness throughout the last few months. The group has now run up a bit into the important earnings season and I would no...
If Mr. Market continues to ramp, I expect (as reflected in the breadth of my bank holdings) banks to catch up and possibly even become market leaders. Here is my rationale.
Banking net interest margins have been very depressed over the last several years, as interest rates have hit generational lows. When coupled with deleveraging (mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act), lending cred...
BT is making inroads into U.S.-based enterprise clients despite heavy competition from domestic players, says Bas Burger, U.S. President at BT.
Companies face such a variety of risks, that they now outsource that managemant rather than keeping it in house.
Its customers include network providers, IT companies, social media and enterprise/financial firms.
TI and BT yield a high-dividend and can help to diversify your portfolio.