Market News
JPMorgan Profit Jumps on Strong Trading Quarter
Wall Street Journal - 14 Jan 2020 14:51
JPMorgan Chase, the nation's largest bank, reported a fourth-quarter profit of $8.52 billion, beating analysts' expectations. Revenue grew 9%, driven in part by stronger investment-banking results.
The Temporary Solution Has Become The Permanent Grift
Forbes - 14 Jan 2020 23:15
The temporary solution has become the permanent grift while the amount of debt being issued grows unabated and fuels the necessity for additional liquidity in the system...fuel to the fire.
Fed Adds $82 Billion to Financial Markets
Wall Street Journal - 14 Jan 2020 17:41
The New York Fed added $82 billion in temporary liquidity to financial markets as big bank's demand for longer-term liquidity increased in the latest repo intervention.
Wells Fargo's Results Sink As Legal Problems Continue
Wall Street Journal - 14 Jan 2020 16:38
Wells Fargo's quarterly earnings dropped 53% and fell short of expectations as the bank set aside more money to resolve issues tied to its sales-practices scandal.
Visa's Bet on Plaid Is Costly but Necessary
Wall Street Journal - 14 Jan 2020 13:30
Visa is making a big bet on digital payments by plunking down its own card.
Why Facebook, Alibaba, Apple And Alphabet Still Shine
Forbes - 14 Jan 2020 22:43
We are in a growth-stock cycle comparable with the early sixties when Polaroid, Xerox, Syntex, Eastman Kodak, IBM, Walt Disney, even Avon Products and Sears, Roebuck sold at valuations far in excess of Apple, Facebook, A...
This Is The Biggest Threat To Your Dividends In 2020
Forbes - 14 Jan 2020 22:40
Today we're going to talk about the biggest threat to your portfolio (and dividends!) you face in 2020
Bitcoin Reaches Its Highest In More Than 2 Months
Forbes - 14 Jan 2020 22:20
Bitcoin prices gained today. Will the cryptocurrency's upward trend continue?
New York Court Vacates $91 Million Payout to Former Hedge Fund Employees
Wall Street Journal - 14 Jan 2020 22:20
An appeals court ordered a retrial in a 2019 jury case that would have seen hedge-fund firm Touradji Capital Management pay roughly $91 million to two former employees.
The Economy Is Banks' Best Friend
Wall Street Journal - 14 Jan 2020 21:47
Low rates get a lot of attention, but solid economic performance and sentiment are proving more important for the biggest banks.
Tesla's Market Share Losses In The U.S. In 2019 Are In Stock Contrast to Its 2020 Stock Price
Forbes - 14 Jan 2020 21:10
After receiving the usual stream of comments following my column from the pro-Tesla contingent yesterday--and watching the continued parabolic move of Tesla shares this morning-- I was amazed to find that insideevs' figu...
BAC Bulls Gear Up for Earnings
Forbes - 14 Jan 2020 20:45
A bullish technical signal just flashed for Bank of America (BAC) ahead of earnings
Morningstar Nears Settlement With SEC Over Bond Ratings
Wall Street Journal - 14 Jan 2020 19:00
Morningstar is nearing a deal with federal regulators over allegations the firm violated rules in its bond-rating business that prohibit analysts who hand out credit ratings from being involved in sales and marketing for...
PCs Aren't Coming Up Short --- Yet
Wall Street Journal - 14 Jan 2020 18:56
Tuesday marks the formal end of Microsoft's extended support for Windows 7. A surprising number of people waited until the last minute to upgrade.
Tax on your gold and real estate investments
livemint.com - 14 Jan 2020 18:49
Over the past few years, returns from real estate have been poor to negative. On the other hand, gold does not give attractive returns in the long term and has high transaction cost.Here is a look at the taxes that apply...
Wells Fargo Enters Oversold Territory
Forbes - 14 Jan 2020 18:34
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics -- s...
Expect the Unexpected When It Comes to Inflation
Wall Street Journal - 14 Jan 2020 18:24
Most policy makers and economists forecast inflation will stay low in the year ahead. But predictions don't always come true.
Obama Had More Stock Market Records Than Trump
Forbes - 14 Jan 2020 18:21
It would probably surprise most people that the Dow Jones Industrials had more record highs under Obama than Trump. While Obama did serve eight years vs. Trump's current three, Obama had to contend with the Great Recessi...
Mixed Earnings Seen For Big Banks, In Part Due To Tough Comparisons
Forbes - 14 Jan 2020 18:03
Despite tailwinds from the economy and the Fed, two of the three big banks scheduled to report Q4 earnings tomorrow and Thursday could see profit declines from a year ago, according to analyst estimates.
Delaware Attorney General Settles Probe of 403(b) Provider
Wall Street Journal - 14 Jan 2020 17:56
Delaware's attorney general has settled an investigation of financial-services company Horace Mann Educators Corp. over practices in retirement plans for teachers.
Three Critical Lessons From Tesla's Epic Rally
Forbes - 14 Jan 2020 17:47
TSLA stock is booming, having tripled in value from $180 in June of 2019 to over $540 today. Here are three lessons we can learn from the TSLA rally:
U.S. Government Bonds Gain on Softer Inflation Data
Wall Street Journal - 14 Jan 2020 17:15
U.S. government bond prices rose after data showed the pace of inflation slowed and average weekly earnings decreased in December.