As big bank earnings kick off, one top technician says it's time to fade the space

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Financials were on the rise Monday after Citigroup kicked off earnings season. According to one top technician there's something in the charts suggesting the gains may be a head fake as a number of other big bank names also gear up to report.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

tradnews_ BITCOIN

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Citigroup is up first as big banks kick off fourth-quarter earnings seasonThe fourth-quarter earnings season will kick off in earnest next week, starting Monday when Citigroup Inc. offers numbers from the first of the big U.S. banks. Earnings will look more like 👇🏿 Long bitcoin short the banks.
Source: MarketWatch - 🏆 3. / 97 Read more »

Citigroup is set to kick off bank earnings reports – here's what Wall Street expectsCitigroup is the first of the big U.S. banks to report fourth-quarter results, so investors and analysts will be keen to see how its banking and trading operations performed during a tumultuous period. tradnews_ Let’s see if they mention future strategies in crypto currency....Their competition is already light years ahead of them
Source: CNBC - 🏆 12. / 72 Read more »

Big banks report earnings this week — Here's what five experts say to expectJ.P. Morgan, Bank of America, Wells Fargo and Goldman Sachs are set to announce earnings this week amid U.S.-China trade tensions and economic uncertainty. Here's what five market experts are predicting for those financial institutions. The need for bitcoin and cryptos is what they need So now we're calling TV personalities 'experts'?
Source: CNBC - 🏆 12. / 72 Read more »

Citigroup is set to kick of bank earnings reports – here's what Wall Street expectsCitigroup is the first of the big U.S. banks to report fourth-quarter results, so investors and analysts will be keen to see how its banking and trading operations performed during a tumultuous period. Kick OFF*
Source: CNBC - 🏆 12. / 72 Read more »

Stocks end lower on China growth fears as earnings season kicks offShanghai skyrocketing
Source: MarketWatch - 🏆 3. / 97 Read more »

Bank stocks could see big moves into earnings, but don't chase them just yetSome of the biggest bank names are set to report earnings next week, and traders are making big bets ahead of those reports. Blue Line Futures' Bill Baruch and Susquehanna's Stacey Gilbert debate top picks in the sector. Why did you put Eric Cantor on my TV? Why can’t we stay out of politics CNBC? I’m here to get financial advice not listen to a politician. $BAC uck Waiting patiently. There was a time the market couldn’t rally without the banks leading.
Source: CNBC - 🏆 12. / 72 Read more »

U.S. stock market looks set to halt multiday stumble as big bank earnings get under wayU.S. stocks on Tuesday are poised to snap a two-session skid as investors appeared to focus on hope that China would do more to buoy its flagging economy. Wall Street also was awaiting earnings from a number of key banks, a key Brexit vote that could cause some friction in domestic markets.
Source: MarketWatch - 🏆 3. / 97 Read more »

Cramer: Morgan Stanley had the most disappointing earnings of the big banks — I'm 'confused''I hate to say it, but this was the most disappointing of all,' CNBC's Jim Cramer says. Confused on what he should think twice Watch Jim Cramer to clear your confusion
Source: CNBC - 🏆 12. / 72 Read more »