Banks have been back as a flavor for investors for a while. After all, Bank of America Corp. (NYSE: BAC) was the best performing stock of all 30 Dow Jones ... Read Full Story »
When well-known analysts make a major price call, investors and Wall St. usually listen. Outspoken bank analyst Richard Bove has done just that. The former Ladenburg Thalman and Rochdale securities analyst recently ... Read Full Story »
On the day that the Presidential election is happening, investors are throwing money into the inflation winners. The problem is that maybe this is not an inflation trade. Maybe it ... Read Full Story »
J.P. Morgan Chase & Co. (NYSE: JPM) is leading the markets higher this morning ahead of the Jamie Dimon testimony. The problem is that Bank of America Corporation (NYSE: BAC) ... Read Full Story »
In a rare bit of good news, the ISM non-manufacturing index came in higher than expected this morning, at 53.7%, up 0.2% from April and the same amount above the ... Read Full Story »
So, just two weeks ago it looked as though "Sell in May and go away!" was not going to be as strong of a theme in 2012 compared to 2011 ... Read Full Story »
The trade in 2011 was to go out and turn utility stocks into the new investment for retirees seeking income. They couldn't exactly get any big yield in certificates of ... Read Full Story »
Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from ... Read Full Story »
Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it's time to look around and see what assets the bank might have ... Read Full Story »
Shares in Bank of America Corp. (NYSE: BAC) are up more than 5.5% today following reports that the bank selling some assets to raise cash. There is also some speculation ... Read Full Story »
Earnings season hits the ground running later today when Alcoa Inc. reports second quarter earnings. We have already posted a preview of other top earnings coming this week. Now we're ... Read Full Story »
Bank of America Corporation (NYSE: BAC) has found itself as the king of the mortgage mess after it decided to acquire Countrywide. By acquiring the company's corpse rather than trying ... Read Full Story »
When investors get nervous, the one stock market segment that finds attention is "value funds" as investors look for protection but can still get upside of the stock market. Following ... Read Full Story »
On Wednesday morning will come the highly anticipated news regarding the first quarter earnings announcement from none other than Jamie Dimon and JPMorgan Chase & Co. (NYSE: JPM). This single ... Read Full Story »
Chart breakouts are happening as the market recovers. Maybe. Monday's triple digit DJIA gains on the first day of the month followed an extremely strong July. You just have to ... Read Full Story »