TOP NEWS Hedge funds’ bullish commodity bets near 6-month peak after Fed Sat, Jul 20 00:00 AM BST * Managed money net longs breach $76 bln, most since early Feb * Wagers on U.S. crude oil at record highs * Hedge fund bets also growing for a rebound in gold By Barani Krishnan NEW YORK,…
STOCK MARKET COMMENTARY: FRIDAY, JULY 19, 2013 The major averages rallied for a fourth straight week helping nearly all the popular indices hit new all-time highs. Meanwhile, the tech-heavy Nasdaq hit a 13-year high. The strong bull market that we are experiencing continues to be driven by easy money policies from global central banks. After…
This Week’s Trading Lesson Sound Systems Yield Success: When you think of the best run companies in the world, what names come to mind? Wal-Mart? Proctor and Gamble? Perhaps Apple? Think of the worst run companies and you might think of a company like Enron, which is now out of business because it was run…
Source: http://www.cnbc.com/id/100890341
Bank of America Corp Q2 Earnings Preview: Small Gains Predicted In Line With Housing market Recovery, But Rising Rates Could Weigh By Christopher Harress on July 15 2013 2:11 PM Bank of America Corp. (NYSE: BAC) is expected to report a 4 percent increase in second-quarter profits as the slow recovery of the housing market continues to…
Following excerpt explains it all: But doesn’t money growth produce inflation? Normally, yes, but it has to go somewhere for that to happen. He says, “You miss the circulation effects as the money moves between buyer and seller, saver and spender, three or four times. [Now] it just stays in the bank.” Full Article: Barron’s:…
Citgroup Inc (C) Q2 Earnings Preview 2013: Many Predict Good Results, But Some Doubts Remain Over Their Large International Businesses By Christopher Harresson July 12 2013 1:38 PM Citigroup Inc. (NYSE:C) is expected to report a 16.2 percent increase on second-quarter profits as its investment banking and securities division look forward to sharp growth due to…
Citgroup Inc (C) Q2 Earnings Preview 2013: Many Predict Good Results, But Some Doubts Remain Over Their Large International Businesses By Christopher Harress on July 12 2013 1:38 PM Citigroup Inc. (NYSE:C) is expected to report a 16.2 percent increase on second-quarter profits as its investment banking and securities division look forward to sharp…
STOCK MARKET COMMENTARY: FRIDAY, JULY 12, 2013 The major averages rallied for a third straight week helping small-cap Russell 2000 hit a new all-time high and the DJIA & SPX enjoy new record high closes. The strong bull market that we are experiencing continues to be driven by easy money policies from global central banks….
JPMorgan Chase (JPM) Q2 Earnings Preview 2013: A Year After The London Whale Threatened To Drag It To The Bottom, JPMorgan Looks To Make A Splash Of Its Own As Second Quarter Results Are Released On Friday By Christopher Harress on July 11 2013 5:26 AM JPMorgan Chase & Co. (NYSE:JPM), the nation’s largest bank by…