Wikimedia CommonsThomas Lee at J.P. Morgan Chase & Co. (NYSE: JPM) was one of the last equity strategists to abandon his call for a correction back in the spring. On April 12, he…
ThinkstockWith the recent spike in long-term interest rates acting as a proxy for rising short rates, investors need to be focused on which banks are best positioned for a sustained rising rate…
ThinkstockWith the stock market trading at all-time and multiyear highs, the question on every investor’s mind is can the stock market go even higher? At 1,615, the S&P 500 is at 15.4…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve said today that 4.2 million borrowers will begin receiving payments in the range of $300 to $125,000 beginning this week…
ThinkstockWe have reported in great detail about the importance of sector leadership in fulfilling the potential for a secular bull market rally. The Dow Theory maintains that major market trends depend on…
ThinkstockThe housing market is clearly improving. According to the National Association of Realtors, existing home sales have risen and distressed mortgages account for a smaller part of those sales. Close to a…
ThinkstockThe Federal Reserve is finally out with its results of the bank stress tests. This is not the formal decision that will allow all the banks to increase their dividends and share…
ThinkstockThe U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, the recession…
ThinkstockInterest rates have been kept at historically low levels by the Federal Reserve since the Great Recession began in 2008. The intent behind this was to spur loan activity and borrowing to…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall S. research calls. We have calls in banks, solar, tech, biotech and more. Arch Coal Inc.…
ThinkstockWhen 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 landed at…
U.S. equity markets opened higher this morning following the report that new claims for unemployment benefits had fallen by 37,000 to a level not seen since 2008 (more coverage here). The government…
U.S. equity markets opened mixed this morning with the Nasdaq Composite slightly higher, while the DJIA and the S&P 500 were lower. Earnings from several U.S. financial institutions were due today and…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve announced this morning that the agencies have reached an agreement with 10 banks to settle enforcement actions related to “deficient…
The three major U.S. stock indexes opened higher this morning following a report that economic sentiment in Germany came in better than expected (more coverage here) and that U.K. inflation was lower…
