Financial Stocks Struggle
One sector that will tell the tale of the market is the financial sector. This morning, all of the leading financial stocks are coming under early selling pressure. When the financial stocks decline it...
View ArticleJPM Major Support Level
JPMorgan Chase & Co. (NYSE:JPM) is trading at $31.28, -0.65 (-2.04%). The banks are once again under pressure and leading the market to the downside. While it is scary to think about buying any of...
View ArticleFinancial Stocks Reverse Early Morning Gains
BAC stock traded as high as $7.90 a share at the open, however, the stock is now trading in negative territory and lower by 0.05 cents to $7.59 a share. Short term traders should watch for intra-day...
View ArticleChart On Watch: Goldman Sachs Bear Flag Formation
As the stock market floats higher into the July 4th holiday, chart pattern setups start to take shape. Goldman Sachs Group Inc (NYSE:GS) is in the middle stages of forming a great bear flag under the...
View ArticleFinancial Stock Slide Despite Market Rally
This morning, many of the large financial stocks are declining from the highs at the start of the trading day. Leading financial giants such as Goldman Sachs Group Inc (NYSE:GS), JPMorgan Chase &...
View ArticleTSLA Set To Report Earnings: What Does Sharp Drop Mean
Tesla Motors Inc (NASDAQ:TSLA) is dropping over 5% on the day. The company is set to report earnings after the market closes today. In 2013, the stock has soared almost 500%, hitting an all time high...
View ArticleTrading The Fattest Cat On The Street, Wells Fargo & Co
The fattest cat on Wall St. seems to be flying a bit under the radar these days. Wells Fargo & Co (NYSE:WFC) has been quietly rising to become the biggest banks in the world by market cap during...
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