|Day Low/High||69.96 / 70.79|
|52 Wk Low/High||46.05 / 71.75|
Stephanie Link, director of research at TheStreet, thinks the call to increase bank estimates by a JPMorgan analyst is the right call and is a trend that will be followed.
Stephanie Link, director of research at TheStreet, walks though some of the changes she made this week in the Action Alerts Portfolio as the end of earnings season nears.
Wells Fargo ought to round up the former World Savings experts to create the systems-and-loan products that could define the entire industry.
While it replaces Morgan Stanley with JPMorgan, the real action is in U.S. domestic banking.
The data show declining performance among investment banks of all sizes.
Jim Cramer thinks the estimates for bank earnings are way too high and once estimates start coming down, so will their stock prices.
Stephanie Link, director of research at TheStreet, says JPMorgan remains a great firm with a solid balance sheet despite the reputation hit.
Jim Cramer says complex trades that even Jamie Dimon couldn't understand caused JPMorgan to take a $2 billion loss and those responsible should be fired.
STI may be beginning a new leg higher that could carry shares well past their current 2012 peak of $24.95.
Stephanie Link, director of research at TheStreet, discusses how to invest in financials going into JPMorgan's earnings on Friday.
Here are a couple of window-dressing plays as we head into the end of the quarter.
It is time for another levels update. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 54 stocks, I would only rate only four -- Ocwen (OCN), iShares FTSE/Xinhua China 25 Index...
Regional banks are in the spotlight this morning. Credit Suisse downgrades U.S. regional banks to neutral -- a valuation call. PNC FInancial (PNC) and SunTrust (STI) resumed positive at Susquehanna. (I am told Jim "El Capitan" was positive on SunTru...
First Horizon is an example of a smaller bank stock that is forming a positive setup.
The reward side of the equation is about the same, but the risk? Not so much.
If you're a Cisco breakout buyer, a high-volume move above this level will be your signal.
I sold the remainder of a bundle of longs today. Housekeeping items: I eliminated small tag ends in the following stocks this afternoon: Waddell & Reed (WDR), SunTrust (STI), Parker Hannifin (PH), Legg Mason (LM), Fortinet (FTNT), Charming Shoppes (...
The transports are telling us that we're going to get some price breaks.
I just sold most of my SunTrust (STI) just now after the bank came out saying it will beat analysts' estimates. The shares have had a big run -- I'm putting the money into Pepsi (PEP).