Wells Fargo & Company (WFC)

43.29
NYSE
Prev Close 43.82
Day Low/High 42.64 / 43.77
52 Wk Low/High 40.73 / 60.30
Exchange NYSE
Shares Outstanding 3790.35B
Market Cap 166.09B
P/E Ratio 77.80
Div & Yield N.A. (N.A)

Latest News

Today's Trades

I have added to the following longs: , , and .

Pivotal Tuesday, Buffett's Buys, Niagara Falls? Profit Margins, Trading Chevron

Pivotal Tuesday, Buffett's Buys, Niagara Falls? Profit Margins, Trading Chevron

As investors ran away from equities earlier this year, Warren Buffett ran towards the market.

This Afternoon's Trades: Money in the Bank

On the small bout of profit-taking, I have added to the following longs this afternoon: , , , , , . I have also covered my short calls positions (that mature in a week) in and -- they are well out of the money and have declined materially since I pu...

13 Buys

I just made the following buys: , , , , , , , , , , , and .

Trade of the Week (Buy Banks)

* I am aggressively so...  I am growing more positive on the outlook for selected equities and much more optimistic on bank stocks.  I wanted to get this out now - as my investment thesis will be delivered early tomorrow morning.  In essence, there ...

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps -- and neither do I, it appears! * Futures were schmeissed last night and early morning. "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves In the summertime And oh t...

Today's Buys

* $50.71 * $308.97 * $13.31 * $165.77 *  $158.61 * $411.45 * $46.33 * $43.81

3 Key Fed Takeaways, the Rally, Deciphering Price Discovery, Less Than Convinced

3 Key Fed Takeaways, the Rally, Deciphering Price Discovery, Less Than Convinced

Has the FOMC heeded Market Recon's advice? Probably not.

7 Adds

I have added to , , , , , , .

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps -- and neither do I, it appears! * Stock futures edged higher overnight (but didn't hold the gains) and are now (4:45 a.m.) flattish after a tumultuous Monday morning session that, like the caterpillar turning i...

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps -- and neither do I, it appears! * Yesterday was a good day to apply Buffett's dictum -- be greedy when others are fearful  * Today, maybe not so much, in the market without memory from day to day * Stock future...

4 Adds

Added to , , , and this morning.

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps -- and neither do I, it appears! * Yesterday was a good day to apply Buffett's dictum -- be greedy when others are fearful * Bulls rejoiced over the last 12 hours as futures were materially higher throughout the...

Bank Buys

Buying , , , , and on weakness - on the opening.

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps - and neither do I, it appears! * Futures were modestly lower overnight with little news to influence them... "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves In th...

Buying More of These 6 Stocks

In keeping with my opener, I am buying more , , , , and .

When the Time Comes to Buy, You Won't Want To

* I am neither a Perma Bull nor Perma Bear - I am a value investor who has at my core the marriage of a contrarian and a calculator * I am now less bearish as the markets, and falling share prices, have begun to discount my concerns * Selectively bu...

An Awful Situation, Surging China Pandemic, Markets Find Religion, Fed, Earnings

An Awful Situation, Surging China Pandemic, Markets Find Religion, Fed, Earnings

One positive takeaway last week was the very low trading volume for Nasdaq-listed stocks in aggregate and for constituent names of the Nasdaq Composite.

Adding Aggressively

I am adding more aggressively to , , and now.

More Night Moves: A Quick Look at Overnight Futures

* The market (and money) never sleeps * Steady move modestly higher last night for futures -- but futures have declined in the last thirty minutes "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves In the...

Bank Stocks Turn

After an extended period of daily losses, bank stocks have turned (decisively?) today.  I suspect there is finally a trading opportunity on the long side in this underperforming sector.  I have purchased , , and today!  Perhaps more importantly, wit...

Bank of America's Results Are Better Than Expected: Here's My Plan

Bank of America's Results Are Better Than Expected: Here's My Plan

BAC does more domestic business than some of its competitors and that's a positive in 2022.

What Mixed Results From Major Banks Mean for Investors

What Mixed Results From Major Banks Mean for Investors

Let's analyze the results and comments from Goldman, Citi, Wells, JPMorgan and Morgan Stanley.

Doug Kass: How Did Bank Stock Investors Get So Clueless?

Doug Kass: How Did Bank Stock Investors Get So Clueless?

Banks stocks are still a 'full-on Monet.'

The Market Is Flipping Elon Musk the Bird

The Market Is Flipping Elon Musk the Bird

Also, play the companies that benefit from inflation, not Cathie's clowns, which are hurt by it.

Relief Rally, Charting the Indexes, Fed Talk, Taiwan Semi, Musk Bids for Twitter

Relief Rally, Charting the Indexes, Fed Talk, Taiwan Semi, Musk Bids for Twitter

The market roared, but the pros did not tag along in size. They either have to catch up, or they are just not coming.

This Weak Oversold Bounce Needs Plenty of Work to Gain Further Momentum

This Weak Oversold Bounce Needs Plenty of Work to Gain Further Momentum

The primary headwind right now is poor technical action.

How Did Money Managers and Analysts Get It So Wrong on the Banks in 2022?

* Travelling with the herd is often harmful to your investment well being * Banks stock investors missed eight important headwinds to bank stock performance and banking industry profitability * Bank stocks remain "full on Monet" (From the movie Clue...