The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Your emergency fund can help you cover the cost of lifes unpleasant surprises like medical bills, car repairs or even job loss. Without one, these unfortunate situations could be even worse, as you could face some tough decisions when things dont go according to plan.
Do you turn to credit card debt that carries a high interest? Do you dip into your 401(k)?....More>>>
The Q4 2016 earnings report for small cap restaurant stock Noodles & Co (NASDAQ: NDLS) is scheduled for after the market closes onThursday (March 2nd). A couple of weeks ago, Noodles & Co announcedthat it completed an $18.5 million private placement sale of Series A Convertible Preferred Stock and warrants to purchase shares of the Company’s Class A Common Stock to an existing shareholder....More>>>
Zacks Investment Research downgraded shares of Pacific Premier Bancorp (NASDAQ:PPBI) from a strong-buy rating to a hold rating in a report released on Tuesday morning.
According to Zacks, “LIFE Financial Corporation is a savings and loan holding company for Life Bank. The company originates, purchases, sells, securitizes and services primarily non-conventional mortgage loans principally....More>>>
Portfolio Grader currently ranks Wells Fargo & Co (NYSE:WFC) a Sell. The methodology for investing incorporated in this analytical tool developed by Louis Navellier researches and ranks nearly 5,000 stocks each week from a fundamental and quantitative perspective. The shares have been downgraded from a Hold to a Sell in the last week.
WFC is a member of the 344 company Banks GICS industry....More>>>
Back in 1979 President Jimmy Carter addressed the nation and told his fellow citizens the country suffered from a “crisis of confidence” in what became famously known as the “malaise speech”. Back then the country was suffering from “Stagflation” or inflation with sluggish growth. The former president was on to more than he knew because now, thirty seven years....More>>>
It was July 2016, andGeneral Electric(NYSE:GE) was on top of the world. The government had just removed its Systemically Important Financial Institution (SIFI) status, which was projected to unlock major value from the company’s troubled GE Capital arm. GE had just sold its underperforming appliances unit to Chinese companyHaier for $5.6 billion. Its stock was trading at its highest level....More>>>
Wynn Resorts, Limited (NASDAQ:WYNN) delivered strong results on Tuesday beating on the bottom line, but missing on the top. Personally, I love what I see at the top and bottom lines for WYNN stock.
The Macau nightmare appears to have come to an end, and it seems to me that the company is back on track. With Elaine Wynn also restructuring the board of directors, the goal appears to be wiping....More>>>
As far as volatility goes, stocks are moving backward in time.
To a more peaceful era: the start of the year, before anyone had ever heard of February’s VIX histrionics or the technology meltdown of March and April. The Cboe Volatility Index closed Wednesday at 11.64, as four straigh
Daily chart for the S&P 500 (SPX) on the thinkorswim platform The stock market edged lower last week, despite reaching an all-time high of 2484. Thursday saw the tone change as the S&P 500 (SPX) sold off 25 points in a sudden reversal and the NASDAQ plunged a quick 150 points