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Category: Trading


Activity, Trading

Goldman earnings breeze past expectations on trading beat; shares jump

October 17, 2017

Via: CNBC

Goldman Sachs posted earnings Tuesday that easily beat expectations on the top and bottom lines, sending shares higher in premarket trading. Traders reacted positively despite another sharp pullback in trading. The bank reported: Earnings of $5.02 per share vs. $4.17 […]


Activity, Trading

Bank of America earnings top Wall Street estimates, shares rise

October 13, 2017

Via: CNBC

Bank of America reported third-quarter results on Friday that beat Wall Street expectations despite a slowdown in its fixed-income trading business. Here’s how the company’s results fared against Wall Street expectations: EPS: 48 cents vs 45 cents forecast by Thomson […]


Activity, Trading

Citigroup Joins JPMorgan in Grappling With Bond-Trading Revenue Plunge

October 12, 2017

Via: TheStreet

Citigroup Inc. (C – Get Report) , the Wall Street bank, said third-quarter profit rose 8% from a year earlier, as gains on a sale of a fixed-income analytics business helped make up for a plunge in bond-trading revenue. Earnings […]


Activity, Business banking, Products, Trading

Robinhood, trading app for millennials, still betting on stocks over bitcoin

October 10, 2017

Via: CNBC

For all the talk about millennials preferring bitcoin and other investments over stocks, the co-founder of popular stock trading app Robinhood expects stocks to stay in favor. “I wouldn’t say that we’re anticipating a massive shift from stocks to cryptocurrencies,” […]


Activity, Trading

Banks Stocks Higher as September Jobs Report Misses Expectations

October 6, 2017

Via: TheStreet

Bank stocks moved broadly higher in premarket trading Friday, Oct. 6, after September’s jobs report whiffed on expectations and contracted for the first time in seven years. Shares of JPMorgan Chase & Co. (JPM – Get Report) gained 0.48% to […]


Activity, Trading

Stocks are cheap and could rally 32 percent next year — here’s the chart that shows why

October 5, 2017

Via: CNBC

It’s a valuation call that catapults stocks by 32 percent. Based on the latest calculations by PNC Asset Management’s Bill Stone, the S&P 500 could hit 3,368 in 2018. And he has a chart that proves it could happen. “Part […]


Activity, Trading

Goldman is going to explain its trading strategy after investor pressure

August 30, 2017

Via: CNBC

Goldman Sachs Group will detail plans to turn around performance at its core bond-trading unit next month after unusual pressure from large investors frustrated by vague explanations of its troubles, people familiar with the matter told Reuters. The move is […]


Activity, Trading

Fed minutes: Central bank split over path of rate hikes

August 17, 2017

Via: CNBC

A fissure appears to be developing at the Federal Reserve over when to raise interest rates: One side is preaching caution in a low-inflation environment while another worries over the price of delaying. The divide appeared in minutes released from […]


Activity, Trading

The Exact Level to Buy JPMorgan, Citigroup and Other Big Bank Stocks

August 15, 2017

Via: TheStreet

Early last week, the KBW Nasdaq Bank Index (BKX) reached new August highs. By Friday’s close though, the index had reversed and was well into new monthly low territory and looked headed for a steep sell off. As this week begins, […]


Activity, Trading

How to trade currencies amid rising North Korea tensions

August 9, 2017

Via: CNBC

The Swiss franc, the U.S. dollar and even the euro might be the best options for investors trading currencies in the face of rising threats from North Korea, analysts told CNBC. “The CHF (Swiss franc) along with the JPY (Japanese Yen) are widely considered the usual safe-haven […]