The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
Does anyone at JPMorgan Chase want to be the eventual successor to CEO Jamie Dimon? The bank is about to lose yet another high-profile executive who was widely thought to be a potential heir apparent to Dimon.
JPMorgan Chase chief operating officer Matt Zames, a 13-year veteran of the firm, is leaving. Dimon confirmed the news in a memo to the bank’s employees that was sent to CNNMoney.....More>>>
Shares of San Jose, California-based Nutanix Inc (NSDQ:NTNX)surged by a staggering 15% yesterday, taking the stock to about $32.5 a share. The stock, which was trading well below the consensus price target of $32.25, has now gone past that number. Yet, the strong rally might encourage some investors to consider buying the stock. More so, because NTNX has received a lot of positive coverage lately,....More>>>
I cannot say that much has changed in the stock market over the last week, and our bullish bias will be maintained for 2017 as long as the S&P 500 remains over 2,205.
As I noted last week:
All year long, I have been telling anyone who has been willing to listen that the market is set up to rally this year, with an ideal ultimate target between 2,537 and 2,611 for 2017. And, even....More>>>
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On Thursday, our Under the Radar Moversnewslettersuggested smallcap electrical power conversion product stock Ideal Power Inc (NASDAQ: IPWR)as a long trade:
We’re taking a bit of a flyer with Ideal Power, but the upside is worth the risk. While it’s in the red today, if you look closely you’ll see all it took was a brush of all the recently-hurdled moving average lines to....More>>>
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist