Close a few Trades
When we suggest trades, we have a defined time horizon. It coincides with the expiration dates of the options we use. However, sometimes the trades meet their objective and should…
Bank of America: BAC
The deposit outflows were devastating to the regional banks. They did not have lending opportunities that enabled them to make floating-rate loans that would capture higher yields when rates rose.…
Bank Earnings: JPM
The big banks (JPMorgan, Bank of America, Citibank & Wells Fargo) will report earnings on Friday. This article is for paid members - please login or subscribe for access.
Breaking Out the Financials
The old common rule of thumb was that falling interest rates are good for bank and rising equity prices are good for the insurance companies. At first blush, this makes some…