January 17, 2021 | Daily JAM |
…earnings season to heat up after the big banks kicked off reporting on Friday. Tuesday brings more bank earnings from Bank of America (BAC) on Tuesday and Morgan Stanley (MS) on Wednesday before we move to big players in other sectors including Procter & Gamble (PG), Intel (INTC), and Netflix (NFLX).
October 12, 2020 | Daily JAM, Morning Briefing |
The big banks kick off third quarter earnings reports tomorrow, Tuesday, October 13 with JPMorgan Chase (JPM) due to report before the open. The analyst consensus is that the bank will earn $1.93 a share, down from the $2.68 a share earnings in the September quarter...
October 3, 2020 | Daily JAM |
...expect the upcoming earnings season to, somehow, edge its way into investor and trader minds, as jam-packed as they already are with issues ranging from the coronavirus pandemic to the November 3 election. The big banks kick off third quarter earnings reports the...
June 25, 2020 | Daily JAM |
After the close for the New York markets, the Federal Reserve announced the results of its newest round of stress tests on 34 big U.S. banks. For the first time, the Fed added scenarios for a V-shaped recession and recovery; a slower, U-shaped recession and recovery;...
April 4, 2020 | Daily JAM |
... what I'd call a pre-earnings season week of positioning. Traders and investors will be looking to get ahead of the first quarter earnings reports that begin next week with the big banks. And even more importantly they will be trying to get ahead of the guidance...
January 10, 2020 | BAC, C, Daily JAM |
What with everything going 0n, I wouldn't be surprised if the start of earnings season next week has slipped your mind. Reports of fourth quarter earnings are actually fairly important this year because stocks trade near all time highs and estimates say that fourth...
November 12, 2019 | CMI, CMWAY, Daily JAM, DLR, IEF, ITW, KMI, MRK, MSFT, OKE, PAC, PFXF, Special Reports, VZ, WBK |
Just to put all the changes in my Dividend Portfolio in one list after my Special Report 3 Ways to Higher Income in a Low Yield Desert Here are the sells: Bank of America (BAC) as of November 1 ING Group (ING) as of November 1 Tapestry (TPR) as of November 1 Westpac...
July 16, 2019 | BAC, C, Daily JAM |
Th Federal Reserve gives and the Federal Reserve takes away. In 2018 JPMorgan Chase (JPM) reported the biggest profit in banking history--$32.5 billion--as a result of the December 2017 tax cuts and higher interest rates from the Fed. With the tax cuts now more a year...
July 13, 2019 | Daily JAM |
... bank stocks to carry us into the heart of earnings season. And going into earnings reports for the big banks on Monday, Tuesday, and Wednesday, bank earnings look strong for the second quarter. Citigroup (C) reports first on Monday with Wall Street calling for...
April 22, 2019 | BAC, Daily JAM, Stock Alerts |
2018 was supposed to be a good year for bank stocks. Rising interest rates from the Federal Reserve would provide a positive environment for banks, bank revenues, and bank earnings. 2019 is likely to provide a negative backdrop for banks. The Fed is holding interest...
January 11, 2019 | Daily JAM, Short Term |
Bank stocks aren't doing badly today ahead of the start of earnings reports from the biggest banks starting on Monday. But to me it looks like today's slightly upward bias is a bet not on good earnings but that analysts have gone too far with their cuts to bank...
July 16, 2018 | BAC, Daily JAM, Stock Alerts |
Shares of Bank of America (BAC) closed 4.27% higher today after the company announced second quarter earnings of 63 cents a share, 6 cents a share above the Wall Street consensus. Revenue fell 0.9% year over year but at $22.6 billion it still exceeded the $22.5...