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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 »
Stocks end sharply lower in another volatile session after earnings disappointmentGreat week for the profit takers. Must feel good to sit on all that cash.🤑 Are you feeling WallStreetStress?
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 »
Morgan Stanley says US bank stocks will do well even when Fed pauses interest rate hikes'The irony is that financials didn't do well this year when rates are going up, it may be the case that financials do better in 2019 as the Fed backs off,' said Mike Wilson, Morgan Stanley's chief U.S. equity strategist. Noone buys this crap. Big banks are just glorified credit card companies at this point. They send you a cc offer at 23% for 5,000 but ask for a loan and good luck. Meanwhile shadow lenders offering fixed rates at 10% for the same 5,000. CNBC is so out of touch with reality.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks set to open slightly higher as traders digest Brexit vote and focus on bank earningsU.S. stock futures were slightly higher on Wednesday, following a parliamentary defeat for British Prime Minister Theresa May's Brexit deal. A positive tweet and surprising engagement for it lol
Source: CNBC - 🏆 12. / 72 Read more »
Stocks rise after strong earnings from Goldman Sachs and Bank of AmericaStocks rose on Wednesday as investors cheered strong quarterly earnings from major banks like Goldman Sachs and Bank of America. 'Investors' also cheered all of the earnings misses yesterday. Can you just start saying computers And now we’re back to greed, investors having no fear and trading the market up into overpriced levels again. Do traders and investors never learn. I think funds are replacing stocks sold in December and after this short buying period we’ll be heading down again. Hey it 2007 again.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks end higher, propelled by strong bank earnings as Goldman shares jump
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks open lower after round of weaker-than-expected bank earnings
Source: MarketWatch - 🏆 3. / 97 Read more »