Prev Close | 12.83 |
Open | 12.44 |
Day Low/High | 12.18 / 12.56 |
52 Wk Low/High | 4.99 / 12.15 |
Volume | 5.40M |
Prev Close | 12.83 |
Open | 12.44 |
Day Low/High | 12.18 / 12.56 |
52 Wk Low/High | 4.99 / 12.15 |
Volume | 5.40M |
Exchange | NYSE |
Shares Outstanding | 2066.77B |
Market Cap | 26.10B |
P/E Ratio | 12.10 |
Div & Yield | N.A. (N.A) |
Here are the major points I made in my Bloomberg "Market Surveillance" interview this morning (about half of which was included in the podcast): The Markets * With all the good news on the EPS front, the S&P Index is only +3% year to date. Last year...
Financials are catching a bid Wednesday as the smart money moves in.
* DB woes are actually a positive for US money center banks that are rapidly gaining share in fixed income trading and retail and corporate lending * I am adding to my already large bank exposure now Why are the bank stocks so weak? My guess is the ...
U.S. indices closed the week on a high note.
Deutsche Bank , the object of my scorn for some time, had its credit rating reduced by a notch overnight.
While you're enjoying that free National Donut Day doughnut, these are the business stories you should be watching.
Markets continued their rollercoaster ride Thursday, falling across the board.
Deutsche Bank is down by another 7% today. To this observer [who has consistently warned about Deutsche Bank being the next Black Swan and the imbalances in the European banking system (particularly in Italy)], the risks of a possible negative multi...
* All three of my measures suggest that there are at least 2.5x more risk than reward in the S&P Index This week, I posited that the Italian debt crisis and the ongoing European banking industry problems (particularly of a Deutsche Bank  - kind) wou...
Italy isn't going to follow in the footsteps of the Brexit.
* A little discussed issue is the loss of market liquidity since the end of January * This is one of the reasons I see a new regime of volatility and a widening trading range * The swings of a market without memory from day to day could become the ...
The markets ought to be surging with the drop in interest rates and oil, but traders are fearful instead.
* Connect the global dots! * And consider second order effects!! "Mamma mia, here I go again My my, how can I resist you? Mamma mia, does it show again? My my, just how much I've missed you Yes, I've been brokenhearted Blue since the day we parted W...
Altogether it's a picture that's too scary, and too frightening to refute, but refute I will do anyway.
* The investment world is flat and interconnected * Though markets are elevated in price, the reality is that we live in unstable financial times The European Central Bank (ECB) announces late in 2018 that Germany's Jens Weidmann will head the ECB i...
All three major indices closed a volatile day in the red Thursday.
* Deutsche Bank's woes have intensified * I expect a negative multiplier impact on the European economy "Why does almost everyone like Deutsche Bank  as a long investment when its operations and balance sheet are so opaque and nearly unanalyzeable? ...
Stocks traded mixed on the latest trade news from President Trump. Here is everything you need to Know Thursday morning.
Here is one for the Deutsche Bank cheerleaders (who had loved the price chart and ignored the fundamentals): Total Return, last 10 years... JP Morgan: +203% HSBC: -7% Santander: -37% ING: -49% Credit Suisse: -59% Barclays: -61% Deutsche Bank: -86% p...
Markets had a strong day of trading Thursday.
Here's what you must know as Wall Street prepares for another busy day of corporate earnings.
Purchase these stocks next week and have some extra spending money by Memorial Day.
U.S. stock futures rise Monday following indications that Donald Trump was softening his approach toward China; Deutsche Bank ousts CEO John Cryan; Novartis buys AveXis; Facebook to notify users whose data may have been shared with Cambridge Analytica.
It could be an interesting end to the week. Here are the stories you must know Friday.
Markets sold off heavily in the final two hours of trading to close the day solidly in the red.
With Wall Street responding to one of the strongest rallies in years, here's what you need to know premarket Tuesday.
* The dark week in February, described in The Day Liquidity Died was likely the tremor ahead of a quake to occur later in the year * The market may have already seen a 2018 high * On Friday we might have completed the similar six week pattern of sha...
I covered my small Deutsche Bank short on this morning's news.
A lot of disappointing corporate data from Southwest Airlines , General Mills , Deutsche Bank and (in some measure) Federal Express this morning. Yet, Mr. Market, is hanging in. I have no Index shorts on nor am I long any Index puts - my sense (and ...