|Day Low/High||61.85 / 63.66|
|52 Wk Low/High||48.42 / 75.24|
Here are the other companies that will get a boost from pushing the tax on imports to mid-December.
I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the time comes to sell, y...
The tepid response shown to Wanda Sports Group is at odds with the strong performance of Chinese stock markets, suggesting U.S. listings are not the way for Chinese companies to go.
The big banks that have reported have made a combined total of $29.5 billion. That's astonishing.
Whether the U.S. economy warrants a rate cut at this stage of the cycle is perhaps debatable.
Before you take as gospel the business media talking heads who say Bank of America had a clear beat -- I would take a look at the lower effective tax rate in the quarter. The BAC results were basically in-line, adjusted for the aforementioned reduct...
JPM joined other banking heavyweights in exceeding expectations at least at the headline level.
The money center bank's reduced forecast for net interest income amid geopolitical pressures is curbing investor enthusiasm.
The bulls will say this is healthy consolidation that will set up another leg higher, while the bears will say this is an indication of indecision and is a prelude to a rollover.
JPMorgan had a nice (headline) beat, but results were positively impacted by a non-recurring gain of nearly $0.25. Equities sales and trading, investment banking and net interest income (margins) were under consensus expectations. I don't own this n...
Are we seeing low-volume consolidation setting stage for thrust higher or is this stalling action suggesting a rollover? The answer depends on how earnings season develops.
Here are my five rules for handling earnings season.
The indices are fine but if you are looking to add long positions it is narrow action right now.
Notwithstanding a non recurring gain, Citigroup's EPS report was clean and of good quality. Given the recent share price rise in C (and in the banking sector) I would not be surprised if the shares pull back over the next few days. That said, I have...
Keep in mind that stocks and indices at all-time highs don't just suddenly collapse.
All the key equity indexes are up 16% or more this year, as earnings season starts.
There were two notable shifts in trading action Thursday.
Deutsche Bank's blunders and restructuring, and a new chief at the European Central Bank, could be perfect combination for a bull case.
The potential price targets for Citigroup shares are $75 and $81.
I am neutral on this market, and only a cool off of the hottest stocks can justify a further advance.
Is the expansion on borrowed time? Is this expansion elderly? Or is this expansion still youthful, as in terms of growth?
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
The risk is that the chief design officer's departure will cause technical issues in Apple's chart.
Markets must choose now between the easy, the tense and the uncertain. What could possibly go wrong?
Just out of the chute. Markets are close to flat, supported by strength in the energy sector. Ten of eleven sectors are lower, as yields rise small. Some profit-taking across bond proxies. The banks are breathing easier ahead of the Fed's stress tes...