Stock Analysis
Bank Of America: Here’s What’s Driving Earnings And The Stock
Bank stocks like Bank of America have risen and fallen on the back of Treasury yields. However, this isn’t the first time Bank of America has surged as a result of the 10-year yield. Today’s market is eerily similar to that of 2012 to 2013. By analyzing the past and the present, we can see […]
Citigroup: How The Bullish Move Might Play Out
Citigroup Inc. is trading in a bullish channel that puts resistance at $64.50 (mid-term) and $67.80 for the top of the channel. Citigroup broke out of a 4.5% range and has traveled the length of that range. The next range is currently taking shape.
The Economy: Why The Fed Should Not Hike Rates
With the recent positive economic developments, the markets expect a rate hike from the Fed during their March meeting. However, U.S. growth is anemic with last year coming in below 2%, and growth is forecasted to be 1.3% this quarter. History has shown, the Fed has hiked rates with much higher economic growth. And U.S. […]
