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  • After hours movers in the banks: JPM -2.5% and GS -2.1% after the two had their capital proposals approved but were asked to submit new plans "to address weakness in their capital planning processes." WFC +0.4%, BAC +3.8% after no dividend hike, but a whopping $10.5B in share repurchases and redemption of high-yielding preferreds. Morgan Stanley +0.9%. The XLF +0.1%[View news story]
    Eagle's spot on, back up the truck at your peril ...
    Mar 15, 2013. 03:35 PM | Likes Like |Link to Comment
  • Market recap: Stocks continued their inexplicable march higher, with the Dow posting its first 10-day winning streak since 1996 and the S&P closing within two points of its 2007 high, as a rally in natural gas prices buoyed energy firms and weekly jobless claims unexpectedly fell. But as stocks extend gains, volume is thinning: Average trading volume this month is down ~12% Y/Y.  [View news story]
    I hope you are buying with both fists. I think this is the opportunity of a generation, if not a lifetime ...
    Mar 15, 2013. 04:41 AM | Likes Like |Link to Comment