The U.S. economy is building momentum and a large part of this has been the financial sector. A couple megabanks have contributed massively to the rally and are set to report their…
The financial sector is the favorite rotation idea due to considerable signs of relative trend improvement versus the S&P 500.
Change is in the air after the midterm elections have swung the balance of power back to the Republican party in Congress.
Jon OggBob Doll, Chief Equity Strategist and Senior Portfolio Manager of Nuveen Asset Management, is out with his ten predictions for 2014. His predictions are followed by many, and he scored a…
ThinkstockBanks 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 Industrial Average…
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…
thinkstockOn 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 is a…
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) is trumping…
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 consensus estimate.…
Jon OggSo, 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 and…
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 deposit, and…
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 a sale…
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 on the…
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 that the…
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 watching several…
