Enter your Email Address


Useful Links

Know What The Insiders Are Doing!
Stock Trading Software

More Links




[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




As Earnings Season Heats Up, U.S. Banks Will Make or Break the Stock-Market Rally

Contrarian Profits (April 13th, 2009) Writes:

Corporate earnings will take center stage again this week as certain financials hope to follow last week’s upbeat announcement by banking giant Wells Fargo & Co. (WFC) with some decent earnings reports of their own.

Goldman Sachs Group Inc. (GS) reports tomorrow (Tuesday), while JPMorgan Chase & Co. (JPM) reports Thursday, and Citigroup Inc (C) reports on Friday.

While the chief executives of several of the largest U.S. banks were quick to announce favorable showings for the first two months of the year, analysts are concerned that the strong showings may not have carried over into March, and that the performances of some of these money-centered banks may disappoint.

Contradictions hit the financials last week as diverse reports about Morgan Stanley (MS) and Wells Fargo brought even more confusion to a sector that

...

General Electric (GE): A Stress-Free Income Investment

Contrarian Profits (January 7th, 2009) Writes:

Trying to predict the daily movements of the markets is hopeless these days, says David Newman. But that doesn’t matter. Great long-term opportunities are still out there. General Electric (NYSE:GE) is a top grade company with an undervalued share price. And its high and steady dividend means investors are in no hurry to snap up quick gains.

This from Sovereign Society:

One year from now, will the stock market be higher or lower than it is today? “I really have no idea,” Market Analyst David Newman admitted, “nor does anyone else.”

“I could argue either side,” he said, “I could give you excellent data supporting both sides of the debate. I could shower you with charts, graphs and analysis, but in the end, trying to guess where the markets will be one year from now is really impossible.”

David felt particularly discouraged after the Institute for Supply Management released its

...

James Cullen: Is Buffett Buying American Express (AXP)?

Stockmasters Staff (August 28th, 2008) Writes:
Via the CollegeAnalysts.com, James Cullen ponders is Warren Buffett Buying more American Express (NYSE:AXP) shares? Last Friday, Warren Buffett was on CNBC for several hours in the morning answering questions on all sorts of topics with his usual reserved wisdom. If only I could get Warren to speak with me for three hours… <!-- e9 = new Object(); e9.noAd = 1; e9.popOnly = 1; //--> One of the big revelations was that Buffett has been adding to either Wells Fargo (WFC) or American Express (AXP) – both extremely large positions in the ...

Newsletter

No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.