-
Afternoon Market Update
Monday, October 11, 2010 - 11:20am | 177US Financial stocks moved down. Shares of Charles Schwab Corp (NASDAQ: SCHW) fell about 2.57% and Wells Fargo & Co (NYSE: WFC) moved down about 1.74%. J.P. Morgan Chase & Co (NYSE: JPM) is set to report its Q3 results on Wednesday. The Financial Select Sector SPDR exchange-traded fund (XLF...
-
Chasing Value: Toxic Stock Update -- (BAC, BP, C, GE, GS, RIG)
Monday, October 11, 2010 - 10:22am | 176A very common refrain among value investors, "my pal Warren" being head of the class, is buy on fear (sell on greed), and it is working with the toxic stock portfolio. This is the second update to my ranting twelve weeks ago that the six most highly traded stocks receiving the most bad press would...
-
Keefe, Bruyette & Woods Reiterates Market Perform on Investment Tech Group (ITG)
Monday, October 11, 2010 - 9:24am | 147Keefe, Bruyette & Woods Reiterates is out with a research report this morning, where it reiterates its Market Perform rating on Investment Tech Group (NYSE: ITG); it has a $15.00 price target on the stock. The KBW analysts said that management remains upbeat about how its company is positioned...
-
Who Really Makes Money with Real Estate Short Sales
Monday, October 11, 2010 - 1:40am | 202If you want to know who is raking it in with short sales on real estate, you should check out this video. It mentions Indymac (IDMCQ.PK), OneWest Bank, and Goldman Sachs (GS).
-
Launch of Ameritrade ETF Supermarket
Friday, October 8, 2010 - 5:39pm | 561TD Ameritrade (AMTD) today announced the launch of its Commission-Free ETF Market Center. The October 8, 2010 press release states that more than 100 commission-free ETFs, selected by Morningstar, are available to clients of Ameritrade that register for the program. “We worked with independent...
-
Financials Lagging (JPM, GS, C, WFC, BAC, XLF)
Friday, October 8, 2010 - 2:59pm | 146Despite strong moves higher in the broader market averages, financials are largely not participating today. The Financial Select Sector SPDR ETF (NYSE: XLF) is flat on the session, and most of the major banks are in negative territory. Today's move higher may be in jeopardy if the financial stocks...
-
Benzinga's Political Round Up
Friday, October 8, 2010 - 2:42pm | 242The United Arab Emirates has decided it will not suspend Blackberry services this month, which is a coup for Research In Motion (NASDAQ: RIMM). Japan said it will continue to intervene in the foreign currency markets, if it is proven necessary. This would weaken the yen, helping exporters like...
-
Markets Float Higher As Jobs Report A Non Event
Friday, October 8, 2010 - 11:37am | 360The markets are floating to the positive side today after the Non Farm Payrolls and Unemployment Report turned out to be a non event. The Non Farm Payrolls number came in at -95,000. The market had expected a flat number. While at first glance, this number seems very negative, the key number...
-
Commission-Free ETFs At TD Ameritrade...With A Twist
Friday, October 8, 2010 - 9:18am | 116Discount broker TD Ameritrade (Nasdaq: AMTD) said it will offer commission-free trading on 101 ETFs, starting today, the latest shot fired in what has become an intense price war being waged by brokerage houses and ETF issuers to attract more client assets. The 101 ETFs that qualify for no-...
-
TD Ameritrade Launches Commission-Free ETF Market Center
Friday, October 8, 2010 - 8:31am | 397Long-term investors now have access to more than 100 commission-free ETFs, TD Ameritrade, Inc., a subsidiary of TD Ameritrade Holding Corporation (NASDAQ: AMTD) announced today. The new ETF Market Center, available to both retail investors and independent registered investment advisors (RIAs),...
-
Financials Continue Volatile Trade (XLF, GS, MET, WFC)
Thursday, October 7, 2010 - 5:24pm | 178The financials sector continues to trade in volatile manner as of late. Notable is the divergence between names that the Street likes and one that it does not. For instance, Goldman Sachs (NYSE: GS) ended the session higher by 0.18%, trading at $151.11, but Wells Fargo & Co. (NYSE: WFC) ended...
-
3 Bank Stocks to Watch in Q3
Thursday, October 7, 2010 - 10:17am | 224(TheStreet) -- While banks like Bank of America (NYSE: BAC), Citigroup (NYSE: C) Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: JPM) typically dominate the headlines at earnings time, TheStreet's readers have also shown interest in a few other names that tend to attract slightly less attention...
-
Dr Faessel - On the Market -- 10-6-2010
Wednesday, October 6, 2010 - 10:09am | 1388RESOLUTION! Yesterday the major stock market averages blew through their recent hesitation and clearly stamped in a clean breakout above a trading range that goes back to May 13. From a technical perspective the next price objective based on "completion" of the reverse-head-and-shoulders...
-
Fast Money Picks For October 6th (YHOO, GS, SRCL, RSX)
Tuesday, October 5, 2010 - 7:35pm | 156On CNBC's Fast Money, Tim Seymour said that he is a buyer of Market Vector Russia ETF Trust (NYSE: RSX). Market Vector Russia ETF Trust (RSX) gained 2.31% today, and closed at $34.13. Guy Adami likes Yahoo! Inc. (NASDAQ: YHOO), and wants to buy it tomorrow. Yahoo! Inc. (YHOO) jumped 2.31%, and...
-
Warren Buffet: Buying Bonds Is Wrong
Tuesday, October 5, 2010 - 3:51pm | 103Warren Buffett spoke at a woman's conference today in Washington D.C., and said that bonds relative to stocks are overpriced, and investors buying bonds today may be making a mistake. He said that the price differences between stocks and bonds are at historic levels, and that mean reversion will...