|Day Low/High||61.34 / 64.45|
|52 Wk Low/High||60.05 / 83.11|
Money fled high-growth, high-multiple stocks on Wednesday and chased a mix of both defense and value.
There are plenty of senior growth companies that can still move higher.
The Fed is doing this right. Let me repeat... the Fed is not screwing this up.
Market players celebrated news from JPMorgan Chase, Goldman Sachs and Citibank -- and it spilled over to the broader market.
* Bank earnings, to begin to be reported this morning, will mostly be in line to modestly higher than consensus expectations. * In this quarter, bank EPS will begin to improve and grow relative to the S&P - with flat to slightly higher operating pro...
Many stocks have been in a bear market and certain sectors -- like biotechnology, recent IPOs and oil -- have been under extreme pressure.
Citigroup and Lululemon are on the radar this morning.
Tomorrow morning we have several financials reporting their quarterly results before the market open: Charles Schwab Citigroup Goldman Sachs JP Morgan Chase Wells Fargo What I've noticed is expectations for both Goldman as well as Morgan Stanley , w...
After all the fuss about the latest round of U.S./China trade talks, all that came out was the U.S. has agreed to postpone an increase of tariffs and that China would purchase more U.S. agricultural products.
When things are going well it is always difficult to see an inflection point.
Citigroup, JPMorgan Chase and Financial Select Sector SPDR make for a trio of potential long trades to monitor.
Perhaps the greatest risk of all is that of systemic complexity, and this is as close to an unknowable risk as there is.
New York Community Bancorp is a regional bank with a 5.4% dividend yield -- far higher than the average bank stock.
There is also reason to see longer-term equity strength in valuations.
* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...
I added further to my long but that was it for my trading today. (VXX is my Trade of the Week) At 3:20 p.m. the indices are more or less where they opened. Breadth was only modestly negative. FANG got walloped, banks were only modestly lower (a "win...
*If you have a short-term timeframe I am not selling a share of my bank holdings but for those with a shorter-term orientation I would consider taking some profits out of Bank of America ($30.21) and Citigroup ($70.40) now based on: * The magnitude ...
A market repricing...which are the 'true' growth stocks now?
Emotions and panic must be checked at the door, if you are going to be a successful investor, especially right now.
Market participants are beginning to recognize that there's no stopping the avalanche in selling of the expensive stocks to buy the cheaper stocks like AT&T.
I am getting ready to buy Citigroup and Bank of America personally.
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...