Currently viewing the tag: "Bank of America"

Monday kicks off the biggest week of earnings in the earnings quarter.  Last week we got blowout earnings from Google, and some signs in the financial sector from JP Morgan and Citigroup.  Even though [...]

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Analysts and commentators all talk about how they cannot wait until the financials turn around as they really are the key to taking the market on its next leg higher.  The averages have all doubled since the 2009 lows, financials participated early on only because of they were priced to all go bankrupt, which would [...]

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Debt Fear Hits Markets

On May 23, 2011 By

I wrote yesterday that the path with the least resistance is downward.  I listed a few reasons why I thought that and why the fundamentals are not setting up for a rally anytime soon.  One of the reasons I listed was the European debt fears and today those debt fears overtook the market down over [...]

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Analysts and commentators all talk about how they cannot wait until the financials turn around as they really are the key to taking the market on its next leg higher.  The averages have all doubled since the 2009 lows, financials participated early on only because of they were priced to all go bankrupt, which would [...]

Continue Reading