How old is this tweet? The experts have been saying banks are a screaming buy the last few years.
Short the banks into earnings
Waiting patiently. There was a time the market couldn’t rally without the banks leading.
$BAC uck
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.
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Germany ramps up steps to seek merger between battered bank giants Deutsche Bank and CommerzbankThe German finance ministry asked the banking regulator to share the results of its analysis of a potential merger between Deutsche Bank and Commerzbank. 🤣
Source: BusinessInsider - 🏆 729. / 51 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.
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As big bank earnings kick off, one top technician says it's time to fade the spaceFinancials 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. tradnews_ BITCOIN
Source: CNBC - 🏆 12. / 72 Read more »
Battered U.S. bank stocks may get a boost this yearAfter a miserable 2018, big U.S. bank stocks could be in for a lift if upcoming ... Bank stocks? I think I would be more interested in bond yields than making bankers richer.
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Hedge fund managers are betting big against these 12 stocks, Bank of America saysAround 85% of short interest in stocks is from hedge funds, according to Bank of America Merrill Lynch.
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A Bank of America currency chart shows how the stock market rally still has legsBank of America-Merrill Lynch's Paul Ciana uses a currency chart to show the broad market's 'risk on' rally has legs.
Source: CNBC - 🏆 12. / 72 Read more »