Markets recover after a brief crash caused by an erroneous report the President had been injured in an explosion at the White House. The news came about from AP's twitter feed being hacked. The White House says the President is fine, and the AP's White House correspondent calls the report "obviously false." [View news story]
Still waiting on the investigation of who told CNBC that Citigroup caused the flash crash. Which hedge fund(s) profited on that one? Which fund hacked the AP?
Markets recover after a brief crash caused by an erroneous report the President had been injured in an explosion at the White House. The news came about from AP's twitter feed being hacked. The White House says the President is fine, and the AP's White House correspondent calls the report "obviously false." [View news story]
You mean the way the current administration cowers at the shaft of the mainstream media? I would take Johnny B over this disaster.
You have no idea what you are talking about. You clearly can't read quarterly statements. Better investments than 100% gain? Please do tell where those are, I have some cash.
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]
Dividend would be nice...but right now the stock is dirt cheap. Buybacks will give the best bang for the buck in these companies right now. Dividends will come.
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]
Any move away from Socialism drives the NY Times crazy.
Hopes Of Bank Shareholder Bonanza Dashed By Regulators [View article]
C was conservative because last time they were raped by the Fed. The Fed made it appear that C had failed the stress test, when in fact they had not. All they had to do was alter the requested plan, but the Fed would not allow it. It shouldn't have a bearing on other banks, but we will see.
Are Apple's Margin Risks Overblown? [View article]
I will continue to make money because I don't risk my money on nonsense. Stick to something you understand...whatever that may be. I called the top on Apple to the week. I did the same with RIMM. I know technology and Apple has hit it's peak the same way Microsoft did in terms of a stock. The irony is that Microsoft kept evolving and STILL has no stock price growth. Apple hasn't innovated since...ever. Their strategy is smaller-thinner-high margins. That worked in the US but won't work anywhere else. Apple is the definition of over saturation.
Last generation technology at beyond cutting edge pricing can only work for so long. To this day, if you max out one of their machines it will be a vulgarly priced last generation device.
The Bernanke Agenda - It Isn't What You Think It Is [View article]
Citigroup: It May Be Time To Buy [View article]
Citigroup: Destined To Double By 2014? [View article]
Markets recover after a brief crash caused by an erroneous report the President had been injured in an explosion at the White House. The news came about from AP's twitter feed being hacked. The White House says the President is fine, and the AP's White House correspondent calls the report "obviously false." [View news story]
Your regulator is completely helpless.
Markets recover after a brief crash caused by an erroneous report the President had been injured in an explosion at the White House. The news came about from AP's twitter feed being hacked. The White House says the President is fine, and the AP's White House correspondent calls the report "obviously false." [View news story]
More Big Banks Report: Citigroup, Goldman And BofA [View article]
Citigroup Well Positioned To Grow [View article]
The Giants Of Wall Street Are Back With A Vengeance [View article]
Buy Undervalued Financials For Double Digit Returns, Income Generation [View article]
Too Big To Value [View article]
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]
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]
Hopes Of Bank Shareholder Bonanza Dashed By Regulators [View article]
Hopes Of Bank Shareholder Bonanza Dashed By Regulators [View article]
Are Apple's Margin Risks Overblown? [View article]
Last generation technology at beyond cutting edge pricing can only work for so long. To this day, if you max out one of their machines it will be a vulgarly priced last generation device.
Now go pick your nose.