April 11, 2022 | C, Daily JAM, Dividend Income, JPM, Jubak Picks, KBWB, Perfect Five-ETFs, USB, WFC |
Just want to make sure that no one missed the sell recommendations in yesterday’s Saturday Night Quarterback post. Big banks will kick off another earnings season beginning with JPMorgan Chase (JPM) on Wednesday, April 13. Citigroup (C) and Wells Fargo (WFC) follow on April 14. Bank of America (BAC) reports on April 18. Bank earnings forecasts present a complicated picture for the quarter–which is only appropriate since that’s true of Standard & Poor’s 500 earnings forecasts as a whole.
April 16, 2021 | BAC, C, Daily JAM, Dividend Income, JPM, Jubak Picks, WFC |
Blow-out first quarter earnings results from the big banks didn’t produce huge gains this week–and that’s actually reassuring to me because it says a significant number of investors are still paying attention to fundamentals
July 14, 2020 | C, Daily JAM, JPM, Morning Briefing, WFC |
“I don’t think anybody should leave any bank earnings call this quarter simply feeling like the worst is absolutely behind us and it’s a rosy path ahead,” Citigroup (C) CEO Michael Corbat said this morning as he announced the bank's second quarter earnings. “We don’t...
May 1, 2020 | Daily JAM, JPM, WFC |
As economic indicators go, this isn't one that I follow in normal times. In normal times banks are happy to accept an application for a home equity loan from anyone who owns a house. Real estate is a good credit risk. In normal times. But if you're still looking for...
April 5, 2020 | Daily JAM, JPM, Short Term, Volatility, You Might Have Missed |
As I wrote in yesterday's Saturday Night Quarterback, I'm buying to Puts on bank stocks tomorrow, Monday April 6, ahead of bank earnings reports that begin with JPMorgan Chase (JPM) and Wells Fargo (WFC) before the market open on Tuesday April 14. I think banks will...