Stoyan Bojinov: Stocks endured another day in red territory as weaker-than-expected corporate performance results on the homefront took their toll on investors’ confidence. Industry bellwethers, including auto giant Ford, are taking a hit on bottom line revenues Read more…
NYSE:XLF
Diane Alter: Moody’s ratings agency issued five U.S. bank downgrades Thursday and a total of 15 cuts for global institutions, but markets shook off the news. Read more…
NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF
Michael Snyder: Another month, another bad jobs report. For the month of May, the U.S. economy only added 69,000 jobs and the unemployment rate rose to 8.2%. Read more…
NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF
Stoyan Bojinov: Judging from the sideways price action on Wall Street this week, it seems that investors went through the full cycle of emotions. With corporate earnings seasons drawing to a close at home investors are once again focusing Read more…
NYSE:IDX
Today is my first day back from vacation, so it’s time to dive back into the action! Most guys in my firm are embracing this down move as last week the Dots started to connect for further downside. I was stopped out of remaining longs from the Bahamas Read more…
NYSE:XLI, OIH
The Financial Industry Regulatory Authority (FINRA) today announced that it has sanctioned Citigroup Global Markets, Inc; Morgan Stanley & Co., LLC; UBS Financial Services; and Wells Fargo Advisors, LLC a total of more than Read more…
ETF BASIC NEWS
Dominique de Kevelioc de Bailleul: As signs of a real estate market recovery creep back into the monthly data, along with a long-awaited settlement reached in the robo-signing scandal finalized, it appears that underneath the seemingly good news is a second round of foreclosures, instead, spelling more trouble for US Read more…
NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF
Jonathan Butz: There’s never been a bull market in history without the financial sector playing a role. After middling performance over the last year, the financial sector has posted impressive year-to-date gains which has coincided with a bullish market over the past few months. While the S&P 500 is up a little Read more…
NYSE:KBE, NYSE:KIE, NYSE:KRE, NYSE:XLF
Jared Cummans: After a long wait, this week will kick off earnings season, as investors around the world will be looking to see how the corporate sector has fared over the last three months. Though stock markets have been able to rally for the first quarter of 2012, some are worried that individual companies have not Read more…
NYSE:GXC, NYSE:IYG, NYSE:VXX
Martin Hutchinson: Don’t look now but there’s another giant bubble out there. It’s so big it rivals subprime. I’m talking about the student loan bubble. Recently, the outstanding volume of student loans passed $1 trillion. What’s more bothersome is that the average individual amount owed by new college Read more…
NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF
Shah Gilani: Finally, some well-deserved help for beleaguered monster banks is on its way. Make that, well on its way. Those poor big banks accidentally and inadvertently got caught up making so many easy loans to deserving, hard-up borrowers, who wanted to buy overpriced dream homes, and a few million other Read more…
NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF
Keith Fitz-Gerald: In 2008, reckless credit default swaps nearly obliterated the global economy. Now comes the next crisis – rehypothecated assets. It’s a complicated, fancy term in the global banking complex. Yet it’s one you need to know. Read more…
NYSE:FAS, NYSE:FAZ, NYSE:SKF, NYSE:XLF
Benjamin Shepherd: Thus far, 2012 has been a great year for the money center banks; shares of Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) have all gained more than 30 percent Read more…
NYSE:KRE
Ian Wyatt: On Tuesday the Federal Open Market Committee (FOMC) confirmed what many had suspected: interest rates will remain near zero through at least late 2014. It’s a stance the Fed took back in January, and again reiterated this week. Read more…
NYSE:BAB, NYSE:JNK, PFF, PGF, REMX
Shah Gilani: It happened almost a year ago, and it’s happening again. The meteoric rise in Apple Inc.’s (NASDAQ:AAPL) stock price is distorting the major benchmark indexes, including the Nasdaq-100, the Nasdaq Composite, and the S&P 500. Read more…
QQQ
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