Tag: bank stocks

May 29, 2018

J.P. Morgan Chase, the world’s biggest investment bank by revenue, said that trading revenue in the second quarter is likely to be about unchanged from a year ago amid charges related to taxes and accounting rule changes. “Overall, markets revenue […]

May 23, 2018

It could be time to cash out on some Amazon.com Inc. (AMZN) and plow the winnings into several regional and community bank stocks. In one last step, the House of Representatives voted 258-159 on Tuesday, May 22, in support of […]

April 17, 2018

Stock market volatility presents opportunities to buy stocks or ETFs on a dip in prices. Many investors have been focused on buying popular technology stocks such as Amazon AMZN, +1.41% Facebook FB, +0.71% and Netflix NFLX, +7.07% In our analysis […]

April 10, 2018

Once upon a time, I used to fancy myself a trader that focused on the financials. As a professional, I morphed into other arenas by necessity. The tech space became my darling, After that, it became aerospace and defense that […]

March 19, 2018

After lagging the market for most of the post-financial-crisis period, bank stocks are on a tear as investors view them as the single-largest beneficiaries of rising interest rates and the recent passage of the Tax Cut and Jobs Act. But […]

January 11, 2018

While worries around Nafta and the bond market might be fading a bit, earnings season is ramping up. Delta’s results have cruised in today, and a couple of giant banks — J.P. Morgan JPM, +0.03% and Wells Fargo WFC, +0.10% […]

August 15, 2017

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, […]

July 11, 2017

U.S. bank stocks are at a crossroads — trying to regain the momentum they had earlier in the year amid signs that the Trump-trade cornerstones that had spurred the rally are not turning out as planned. Investors will learn more […]

June 27, 2017

The first round of this year’s stress tests are now over. With all 34 of the banks passing it, investors could soon learn whether the nation’s biggest banks will increase the amount of capital they return to shareholders by way […]

June 2, 2017

No doubt about it, bank stocks have been taking a beating lately. Since the start of March, the S&P Banks Select Industry Index has shed more than 11% of its market value – meanwhile, the broader S&P 500 Index itself […]

April 7, 2017

The past decade has been a challenge for banks, given the financial crisis and its aftermath, but one upside is that it’s given investors the opportunity to see which of the nation’s biggest lenders actually operate in a prudent and […]

March 20, 2017

The Federal Reserve has yet again increased the short-term interest rate. Ordinarily, higher rates should be good for bank stocks. But we think it’s time to turn bearish on Bank of America (BAC) . The reasons for this are purely […]

March 3, 2017

The focus is back on bank stocks after the Federal Reserve suggested that the market has underpriced the possibility of a March rate hike. Bank of America (BAC) and Wells Fargo (WFC) are two stocks which demand investor interest. Bank […]

February 27, 2017

There are no rules of the road when it comes to prognosticating on the markets as investors can be bouncing up and down like Tigger in glee over expectations of soaring stocks or they can drag their tails channeling their […]

September 2, 2016

While almost all bank stocks pay dividends, not all dividend-paying bank stocks are equally worth buying. Some are better than others. Given this, I drew up a short list of the three best bank stocks for dividend investors. Without further […]

September 1, 2016

Strategas Research Partners’ Chris Verrone and Todd Sohn note that financial stocks–including JPMorgan Chase (JPM), Wells Fargo (WFC), U.S. Bancorp (USB), and Bank of America (BAC)–are still the place to be in this sideways market: While the market has spent the last […]

August 29, 2016

When you’re looking for a bank stock to add to your portfolio, one of the first things you should consider is profitability. Aside from valuation, in fact, nothing is more important. To gauge profitability, you look at a bank’s return […]

April 14, 2016

JPMorgan kicked off earnings season for bank stocks on Wednesday morning, when the company surprised investors by beating on top and bottom line estimates. However, TheStreet’s Jim Cramer, co-manager of the Action Alerts PLUS portfolio, doesn’t believe the bank’s results […]