Tag Archives: BAC

One Man’s Opinion: January 2017 Earnings Are Going To Be A Bloodbath

By EconMatters We discuss a preview of January`s Earnings releases and how massive the gap down in most of these stocks will be when they report in a month. There have already been two earning`s guide downs from industrial companies … Continue reading

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The Fed Blinks—Again; No Rate Hike Propels Indexes

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied as the Nasdaq closed at a new record high after the Federal Reserve opted to leave interest rates unchanged but stressed that the case for a hike in rates has … Continue reading

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Front Running the Brexit Vote

[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. and European stocks rallied big time as investors appear to be front running or betting that voters in the U.K. will choose to remain in the European Union. Ahead of the vote, a … Continue reading

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Running Out Of Steam

[Chart courtesy of MarketWatch.com] Stocks ended flat Thursday, taking a breather after a nice two day rally. Trading today was mostly influenced by earnings reports from Bank of America (BAC) and Wells Fargo (WFC). Bank of America topped both earnings … Continue reading

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Oil And Equities: Back To 100% Correlation

[Chart courtesy of MarketWatch.com] 1. Moving the Markets  Stocks posted strong gains today, rising nearly 1% across the board. Oil, as it has been (and seems like will be for the near future) was “the” big market mover. The black … Continue reading

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When Bad News Is Good News And Good News Is Great News

[Chart courtesy of MarketWatch.com] 1. Moving the Markets As I was scanning the early news on MarketWatch, I cam across the headline “Wall Street gains as weak data spurs stimulus,” which was later removed and replaced with “Wall Street surges … Continue reading

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