Which U.S. Bank Stock Is the Best Post-Earnings Bet?
U.S. banks reported earnings this week Results were mixed, with some banks doing better than others Let's try and find out which bank would be the best pick post earnings Markets anticipate...
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Bank of America's Stock Price Jumps on Q2 Earnings Beat
Bank of America’s (NYSE:BAC) second-quarter profit and revenue, surpassed expectations as the company benefited from increased interest income due to higher rates.5 Key Takeaways:1....
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4 Largest U.S. Banks Pass Stress Tests: Time to Buy?
The financial sector has bounced back after facing turmoil in March And large U.S. banks have passed their stress tests with flying colors Does that mean it's a good time to buy these banks'...
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Chinese Growth and Monetary Policy Concerns Give Markets Pause
Most global markets closed in the red at the start of this week as investors remained concerned about the future path of monetary policy and China’s economic growth prospects. The Hang...
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George Soros Passes the Baton: Can His Children Meet the High Bar?
George Soros has handed over control of Soros Fund Management and Open Society Foundations to son Alex Soros Fund has continued to produce positive returns since 2020 All of that despite the...
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Why We Write
Market ScorecardAfter a wobbly morning, US markets powered higher in the final hour of trading. That's a pleasing sign for market bulls, such as ourselves. The longer this goes on, the more...
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Banking Turmoil Took its Toll on Bank of America’s Share
Bank of America Corporation (symbol ‘BAC’) share price was trading in a slightly upward trend because the bank failures hit mainstream media and drove the share price of BAC down. The...
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Is a Recession a Black Friday for Stock Traders?
If current recession fears are limiting your trading and financial goals, you’re not alone. Given what happened in past recessions, it’s perfectly normal to entertain worries or concerns....
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Warren Buffett Stocks: 5 Companies That Fit the Bill According to InvestingPro
Warren Buffett is known as the Oracle of Omaha and is one of the most successful investors in history Buffett’s Berkshire Hathaway has consistently outperformed the S&P 500 in...
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First Republic Bank Down 17% After Hours Despite $30 Billion Bailout
Despite recovering throughout the day, First Republic Bank’s shares reentered a sharp decline after the markets closed. After a pre-market collapse, and multiple trade halts due to...
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Trading Bank of America
Shares in the banking sector have taken a hit amidst the Silicon Valley and Signature banking fiasco. In an attempt to recoup investors' confidence, the treasury secretary has ruled out any...
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Investors are Caught-up in the Regional Banking Fiasco
Shares in the banking sector have taken a hit amidst Silicon and Signature banking fiasco. In an attempt to recoup investors' confidence, the treasury secretary has ruled out any bailout...
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Contagion Risks: A Level-Headed Assessment
If a couple of regional banks were so bad at managing their interest rate risk and deposit outflow risk to blow up in a few hours, how can we really be sure other banks won’t face...
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Keep It Tidy
Market ScorecardYesterday was the worst kind of trading day. The market started strongly higher, only to fall off heavily in the afternoon. The S&P 500 is now back to the same level it...
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Gold Prices to Keep Surging on Expected Rate-Hike Slowdown
Gold prices rose to the highest level in more than eight months as investors continue to bet that the U.S. central bank would slow the pace of interest rate hikes after the latest consumer...
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Signs of Lower Corporate Uncertainty as Q4 Earnings Season Begins
S&P 500 EPS growth for Q4 is set to come in at -3.9%, the lowest rate in over 2 years, but an improvement from last week Despite headwinds, an early reading of corporate uncertainty seems...
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6 Monster Stock Market Predictions for the Week
There will be a lot of data this week, and perhaps more critically, Lael Brainard speaks on Thursday. Now, typically Jay Powell is the most important when it comes to Fed speakers. But...
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6 Monster Stock Market Predictions for the All-Important CPI Week
It will be a big week for inflation, with the CPI report on January, with estimates of a 6.5% increase y/y, down from 7.1% in November. We will get import and export prices on Friday and the...
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Chart of the Day: U.S. Bank Shares Underperforming on Recession, Profit Concerns
Concerns about a potential recession and weaker profit margins in the industry are hampering bank shares in the S&P 500 The SPDR S&P Bank ETF (KBE) has completed a symmetrical...
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Citigroup heading for UAE
One of the largest and most famous banks in the world is Citigroup, headquartered in New York City… at least, for now. There have been some employee movements recently that begs the...
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Chart Of The Day: Apple May Rebound To $170
Apple (NASDAQ:AAPL) is scheduled to release earnings on Thursday after the closing bell. Analysts forecast EPS of $1.26 and revenue of $88.76 billion, compared to $1.24 and $83.36 billion...
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The Case For Bank Of America Stock After Earnings
There's a seemingly easy bear case for BAC amid rising recession risks But rising interest rates suggest a big tailwind to earnings — bigger than even BofA projected All told, earnings...
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Rand Weakens to R18/USD
The rand weakened to R18 to the US dollar on Thursday afternoon after Eskom announced that stage 4 load shedding would remain in place until the power utility could replenish its diesel...
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Bank Of America May Be An Outlier In A Struggling U.S. Banking Sector
U.S. banks are in a tough spot as the economy moves closer to a recession Volatile equity and debt markets are taking a hefty toll on investment banking deals Net interest income is one...
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Oil’s Iran Cliffhanger: What To Know And What To Expect
EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking for 'win'...
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