This weekend, Barron’s was fairly emphatic that it is Time to Buy Bank Stocks: Their bull case is largely predicated on valuation: the 10 leading banks and investment banks now trade for eight to 12 times …
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You know the old bear market saying, sell the rumor and buy the news. Overnight China released economic data that whiffed across the board and included the lowest GDP print since 2009. A good bit of …
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Earlier today on Twitter I posted a bunch of charts of stocks that have in the last few weeks/months broken a long term uptrend, and have also recently, or are about to test important near …
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Last night the SPX notched a new all time high, and as of this morning, almost 40% of the S&P 500 have reported calendar Q2 earnings, registering year over year growth of 5.6% (so far), …
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Volatility in the broader indices has petered out over the past month, to the point where 30 day realized volatility in the S&P 500 index has actually hit a 10 year low this week: The …
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BAC has been on our radar ever since a lackluster Q1 earnings report. We had a profitable bearish trade in the spring, which we closed for a triple. In the rationale for that trade, we outlined …
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Friday expiration was relatively quiet with the indices closing higher after a move up in the afternoon. The 1860 level in SPX cash is the spot to watch this week on the downside – that …
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Financials were a bright spot for the market after the FOMC announcement last week, rallying along with rates as investors rotated into the sector and out of many of the dividend-paying stocks. This week, however, …
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Financials dominated options volumes as traders were optimistic ahead of the release of the first round of the stress tests after the close. 1. XLF – XLF hit a new bull market high yesterday on elevated …
Continue readingPandora is a name we discussed on today’s “Talking Numbers” segment on Yahoo Finance. The stock is up 5% today (and up about 30% in the past 7 trading days) after MS upgraded it with …
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