MS is trading up almost 5% on this morning on earnings results that topped analyst expectations (albeit dramatically lowered ones)……The reversal off of 5 2week lows by BAC and GS tuesday and the strong relative performance by WFC …
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There has been a lot of noise surrounding BAC of late…..largely to do with unhappy buyers of mortgage securities sold by the bank pre-financial crisis and a very large settlement that one very large shareholder …
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I guess things are falling a bit into place for the bulls here; disaster in Greece temporarily averted, the patch of bad economic data that we had seen for weeks has all been forgotten even …
Continue readingORIGINAL POST MAY 20th 2011: Wall Street has it’s share of over used, generally nonsensical terms that add little to no value to individual investors. One that I hate is best of …
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This past Sunday night I took a quick look below at the bank stocks and suggested that when I was ready, (I explicitly stated that I wasn’t yet) that I would express Bullish views in …
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Wall Street has it’s share of over used, generally nonsensical terms that add little to no value to individual investors. One that I hate is best of breed. You hear it on the teevee a …
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INTC is trading up about 5% in the pre-market which in my opinion seems about right if you consider how low the expectations were for the quarter and how strong the results and guidance appear. …
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1. GS beat and looks like a good quarter all around, Stock trading up almost 2.00 in the Pre-market…..Not that impressive, IF GS FAILS WATCH OUT BELOW……remember JPM and BAC opened up and then failed …
Continue readingOn Friday as prior to BAC’s late day collapse, I suggested selling out of the APR Puts that were to expire in a few hours into a May 13/12 Put Spread, which I did for .25 when the stock was above 13.00.
Continue readingLast Thursday I suggested taking a bearish shot into Citi’s earnings by Buying the C Apr21 weekly 4.5 Puts for .13…..well the earnings were out this morning and the stock is up (not really sure …
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