Here's our price target for now.
A lot of the negative aspects of this earnings release were already priced in, and we're in WFC because their business is largely domestic.
The same can be said of cannabis stocks as fresh talk of federal legislation to legalize marijuana likely is just that… talk.
Let's look at the charts and indicators.
MS will likely see further declines following disappointing earnings.
The shares of the banking giant were struggling even before it posted disappointing second-quarter results.
JPMorgan Chase turns in disappointing results and makes cautious comments, which reflects the economic mess on the market's hands.
A weakened economy and bear market have exposed trouble at this artificial intelligence-driven consumer lending company.
The large money center banks will start reporting Thursday, and this quarter is going to get ugly.
With the June inflation report near and earnings season kicking off this week, there are reasons to tread carefully if you're inclined to be bullish.