|Day Low/High||189.56 / 193.00|
|52 Wk Low/High||151.70 / 245.08|
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer is keeping an eye on quarterly results from Bank of America and Goldman Sachs this week.
Earnings season heats up this week with quarterly results due from CSX, Bank of America, Goldman Sachs and Schlumberger.
Yesterday, on CNBC, Charlie Munger and Warren Buffett demonstrated the power of engaged minds overcoming the aging process. Surprise #14: Berkshire Hathaway Makes a $75 Billion Acquisition in Early 2018 Shortly after announcing the deal -- the eigh...
One surprising name may be the 'clean-up hitter' for the sector.
These three topics are being talked about with passion by speculators out there.
Netflix' Chief Content Officer will see his compensation increase twelve-fold next year.
Many shares have lagged, even though they will benefit from the just-passed tax bill.
There is a battle going on between near-term, earnings-fixated people and longer-term ETF investors who are looking for value.
Brother Bank of America/Mother Merrill makes Goldman Sachs a US 1 List addition this morning. The shares are up slightly in early trading. Also, Argus lowers its Allergan rating this morning.
"Love and marriage, love and marriage They go together like a horse and carriage This I tell you, brother You can't have one without the other" --"Love and Marriage," Sammy Cahn and Jimmy Van Heusen Initial jobless claims totaled 236,000 compared to...
"One last thing." -- Lt. Columbo For nearly a year and a half I have written that if a corporate tax rate reduction is implemented, Citigroup will have a monumental hit to equity. Here is what I wrote in December, 2016: The Downside to Lower Tax...
* Thus far, my expectation of an "inside day" has been accurate. SPDR S&P 500 ETF has traded in a fifty cent range most of the day. * Bonds are at the day's highs. +$0.88. Yield on the 10-year U.S. note is down by 3.5 basis points to 2.32% (where y...
My Trade of the Week, Goldman Sachs short, is doing well thus far. I think this short has legs.
Unit labor costs were surprisingly lower and the price of copper getting schemissed, serving to lift bond yields in the early going. iShares 20+ Year Treasury Bond ETF is up nicely in the premarket ($0.60) and the 10-year U.S. note yield (2.33%) i...
"Volatility still remains pretty low across the spectrum; it's a very competitive environment.... there hasnt been that many catalysts, it hasnt been that exciting." - Marianne Lake, JPMorgan CFO In my view, the share price rise of Goldman Sachs h...
Discovery now holds a 70% stake in the company.
Investors don't care where the earnings come from, as long as they actually show up.
As the S&P Index moves parabolically, it's interesting to note that FANG and its ilk -- e.g. Tesla -- continue to be conspicuous laggards. Even Apple is a slight underperformer (+$2) after a $4 decline on Wednesday. Some of my more prominent short...
Unlike so many other groups where valuations are stretched, the bank group appears to have room to run under a different government regime.
Berkshire Hathaway trades heavily in the over-the-counter derivatives market.
Don't buy into the headlines that Warren Buffett does not like trading options contracts.
I took in some bank stock shorts -- moving from medium sized to small sized in Bank of America , Citigroup and JPMorgan Chase . I have also reduced Goldman Sachs and Morgan Stanley to small sized. As I do often, i trade around core long and short po...
Bonds are trading at the day's high -- with yields across the maturity spectrum down between 2-4 basis points. The 2s/10s spread is down by 2.5 basis points, at 69 bps. I recently added to my financial shorts -- and hopefully in the next few days I...
Stocks were lower in midday trading Thursday.
Ralph Northam's victory is viewed as a setback for President Donald Trump
The New Jersey and Virginia elections are more important than you think. Here's what you need to know.
I have added to my financial shorts -- Morgan Stanley , Goldman Sachs , Bank of America , JPMorgan and Citigroup -- today.