On Friday, Q4 earnings releases from three large moneycenter banks, Bank of America (BAC), JP Morgan (JPM) and Wells Fargo (WFC) officially ushered in earnings season, one that will be of particular interest to investors …
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We got results from a few of the largest moneycenter banks this morning. These stocks have been a big part of the stock market rally over the past few months on the dual assumptions of …
Continue readingU.S. Bank earnings start off with a bang tomorrow morning with Bank of America (BAC), JP Morgan (JPM) and Wells Fargo (WFC). The three combined make up about 27% of the of the weight of …
Continue readingA few weeks ago I had the following to say about Wells Fargo, and the stock’s post election bounce which seemed to be discounting any further fall-out from their fake account scandal: In the wake …
Continue readingIn the wake of the Wells Fargo’s (WFC) fraudulent account scandal, the company’s new (kind of old) President & CEO Tom Sloan issued a statement on their retail banking operations “as part of our ongoing …
Continue readingHere is some apparently directional untied options activity that caught my eye in today’s trading: DLTR: Shares of the dollar store are down 22% from their all time highs made in mid August, and having …
Continue readingQ3 earnings season kicks off next week. The main event will come Friday morning with earnings from Citibank (C), JP Morgan (JPM) and Wells Fargo (WFC), three stocks that make up nearly 25% of the …
Continue readingIt’s been a newsy week in financial markets. Monday saw continuation of takeover speculation for Twitter (TWTR) and the stock has been able actually build on last Friday’s 21% gains, despite no news, and famed venture …
Continue readingHere is some untied apparently directional options activity that caught my eye in today’s trading: INTC: yesterday in this post I highlighted some out of the money call buying in November expiration (here), and today …
Continue readingBy now you have probably heard and read plenty about the phantom account scandal at Wells Fargo (WFC), the company’s firing of 5,300 workers and the subsequent $185 million fine by regulators. It’s entirely possible that …
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