This morning’s December Jobs Report cemented the fact that 2014 was the year that Fed policy finally had a positive effect on Main Street, not just Wall Street. Yeah there are some things to pick on, like participation rate …
Continue readingBILLION
By normal valuation metrics, the banking sector looks cheap. JPM reported a strong $1.59 quarterly earnings number this morning, better than the $1.39 expected. It did slightly miss revenue estimates ($25.1 bln vs. $25.8 bln …
Continue reading
Earlier this morning we posted our thoughts on the Facebook Android operating system announcement. We think it’s a good opportunity for an entry on the short side with the thought that the stock could revisit …
Continue reading
Today at 1pm eastern FB is going to announce the much talked about, but mildly anticipated FB phone. Some of the early reviews of what is known looks like an interesting upgrade to what I believe …
Continue reading