|Day Low/High||80.81 / 81.40|
|52 Wk Low/High||60.05 / 83.11|
JPM's IV is sitting at a 52-week low, while the stock looks pretty strong.
Citigroup's investments in Mexico could meet some macro troubles in the near to medium term.
I'd lean towards playing a banking ETF here since the patterns are similar between C and one like XLF.
Citigroup's stock move could be described as unenthusiastic, reflecting how many feel about its first quarter earnings results.
Should the global economic picture improve this stock will pop more than most.
Stock may pause a bit after its big 10% move up over the last three weeks.
Wells Fargo's conference call was poor. The bank indicated (summed up well below) that margins would continue under pressure - as the relationship between costs and revenues are out of whack, placing the bank in a less competitive position. While I ...
Citigroup investors may need more information before calling the earnings beat a buying opportunity.
* The markets have grown far more forgiving after the "Powell Pivot" * We now seem to be at the polar opposite of the bearish investor sentiment that existed four months ago The Bull Market in 2019 has been based on valuation (price multiple) expans...
What I see from 10,000 feet above... in the age of suddenly profitable fuel as cargo, are the railroads.
It is going to be fast, it is going to be furious during a shortened week of trading.
We never thought, 24 hours ago, that it could possibly be this good.
With the price of crude higher (+$0.70), the yield on the 10-year U.S. note up by five basis points (to yield 2.56%) and conspicuous strength in industrials ( and +$3) and financials ( , and ), the tape has a growthy tone to it today.
The first thing you need to think about when analyzing earnings has nothing to do with earnings. It has to do with where the stocks are.
We have to hope they are given a better chance to tell their story than they were Wednesday.
A cheat sheet of expected questions for investors and political theater enthusiasts.
It is likely time to build a long position in GS, but only on my terms.
vincent whitehead Doug, Did Tobias have anything to say? Reply Tobias Levkovich expressed a cautiously optimistic economic and market view. Anyone that is a client of Citigroup should try to secure his handout: Exploiting the Gap Between Fundamenta...
If you simply must own a bank, my thought is to buy Citigroup.
In a Dickensian twist, both AAPL and GS could get a big boost from analysts' Low Expectations on the Apple Card.
This market has repudiated the idea of owning 'value' stocks. But these banks are value names, and here is why.
Here are today's key observations: * Bonds continued to rise in price and sell off in yield. The 10-year U.S. note yield dropped by another five basis points and is now slightly below 2.40%. My long standing and contrarian target of 2.25% is close a...
The Fed is now caught in its own policy - hooked by the drug of cheap money. The yield on the 10 year U.S. note is under 2.54%. The dovish Fed policy announcement will likely help, over the near term, growth names ( , and ) and hurt rate sensitive ...
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.