|Day Low/High||148.05 / 150.61|
|52 Wk Low/High||127.35 / 172.96|
These bearish bets are showing both technical and quantitative deterioration.
Wells Fargo investors will likely be relieved (on Monday) that Berkshire Hathaway sold none of its shares according to its just reported 13-F. (There were vague rumors that Buffett was selling). Berkshire liquidated most of its Goldman Sachs positio...
Now, with retailers and related companies set to report, we likely will see more logs tossed on the fire that is dividend suspensions and quarterly dividend cuts.
* Breadth still nasty at 10-1 negative. * No real stability, yet. * Oil down two bits. * Gold +$9. * Bond yields down three to four basis points. * Energy, retail, financials, real estate, gaming, industrials broadly lower. * The only green on my ma...
There are simply an immense number of health and technology and safety companies coupled with businesses that thrive when you have to stay home.
If you're looking for value, yield and have a three to five-year investment horizon, take note of these names.
One of Asia's largest oil shippers has sought protection against liquidation from 23 of the world's biggest banks amid revelations of its founder's cover-up.
I have to respectfully disagree with Jim Cramer's conclusions in his recent column, 'No Wonder Bank Stocks Have Been Hit So Hard'.
* The robust level of bank industry "war chests" are being underappreciated by investors * The Banking Industry, as measured by earnings power (before LLP and one-time charges), reserve (and balance sheet) strength and loan diversification are well ...
How has my book evolved since the Fed and Treasury rode into town? Here's how.
Community banks have already faced challenging times, and now the Covid-19 crisis is adding to the woes.
There's are several reasons why Kass has been aggressively buying recent weakness in bank stocks.
The restaurant chain has received a helping hand under the Coronavirus Aid, Relief and Economic Security (CARES) Act; look for other operators to follow.
Are the markets ready for a pause in this dramatic rebound? We are several weeks behind Europe in battling this pandemic and U.S. numbers are far worse. Time will tell.
The market has turned a blind eye to the economic challenges that lie ahead as the focus is on the government's massive creation of liquidity.
There is no joy in stockville -- instead we have big companies with stocks rising. Here's why that is and what you need to understand about the rally amid the crisis.
Earnings season started with a mixed bag of reports.
Tests, masks, contact tracing, anti-virals. Are those too much to ask?
* Bank stocks have broken out technically - a good thing (see Rev Shark's comments below) * The fundamental outlook for banks is excellent - an even better thing * The banking industry's excess capital position, the power of its deposit base and abs...
I did warn publicly back in another epoch that quantitative easing would lead toward increased consumer level inflation.
The current market action looks similar to what occurred in mid-February.
The banks are changing their stance, so let's see what the indicators say.
In view of the obvious economic issues that the market faces, it is interesting that sentiment is not more negative.
I do think the key to reopening this economy is one of greatly expanded testing for Covid-19, once a reliable treatment has made it past clinical testing, and into mass production.
Forget the issue of a retest of the lows for now and focus on new areas of technical support.
I am not convinced that JPM, and most banks for that matter, will quickly return to the kind of profitability they have seen in the past.
* My revised levels 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 t...
It could make the difference if the debt and equity markets remained thawed after a brief period of freezing.