In this article, I present the technical and fundamental metrics of the stock to conclude that JPM is rich in valuations and even though it may extend its rally, one must not make fresh investments at the current level. I will also provide a safer investing level for investors to consider.
I first discussed JPMorgan Chase & Co (NYSE: JPM) in my August article titled Bank On Banking Stocks....More>>>
AFP / SAM PANTHAKY (Photo credit should read SAM PANTHAKY/AFP/Getty Images)
The China-Pakistan Economic Corridor (CPEC) is changing life in China’s Northwest Xinjiang Uyghur region, bringing something special to the region: seafood from Pakistan.
This little bonus is being shipped by container trucks through the corridor, which currently accounts for 2 percent of the total trade....More>>>
A FedEx Express logo appears on the side of a Boeing 777-FS2 aircraft at the FedEx Express hub at Memphis International Airport in Memphis, Tennessee, U.S., on Friday, Dec. 11, 2009. Photographer: Daniel Acker/Bloomberg
FedEx Corp is scheduled to report earnings after Tuesday’s close. FedEx’s stock hit a record high of $201.57/share in 2016 and is currently trading near $195/share.....More>>>
It looks like Herbalife (HLF) has won a battle, at least the latest one, in its years-long fight with activist Bill Ackman.
The companyreached a settlement with the FTCtoday that has it paying a $200 million fine and will force the company to improve disclosures about its distributors and change its compensation structure. The settlement also will require Herbalife....More>>>
Bob Rodriguez: Trump Might Be Acting; Huge Financial Crisis Still Looming
DOJ Files to Halt Thrivent Case Against DOL Fiduciary Rule
Major Risks Are Looming for US Economy: Merrills Ethan Harris
The Office of Management and Budget scheduled a 2 p.m. meeting Tuesday with AARP to discuss the delay of the Department of Labor’s fiduciary rule implementation.
Related LULU The Market In 5 Minutes: Monday, March 28, 2016 High Hopes For Lululemon Earnings, Not So Much For BlackBerry and Micron Technology Notable earnings before Wednesday's open (Seeking Alpha) Related MU Micron Shares Edge Lower Following Needham Downgrade To Underperform Benzinga's....More>>>
While the last two Fed rate hike decisions were largely expected, there are a lot of worrying details about this current Fed tightening cycle that are going unnoticed…
Three factors in particular make this rate hike environment so unprecedented:
The large amounts of quantitative easing (QE) after the housing bubble burst in 2008 The unparalleled amount of transparency....More>>>
Bill Gates in 83 Seconds Occupation: Co-chair, Bill & Melinda Gates Foundation
Best-known for: Co-founding Microsoft, dropping out of college to start a tech company before it was cool
The Seattle-born technologist and philanthropist dropped out of Harvard in 1976, after starting Microsoft with longtime friend Paul Allen in 1975. Microsoft (MSFT, Tech30) was a runaway....More>>>
Last year, I was endlessly ringing the alarm bells about Japanese financials, particularly the impact of negative rates on profitability (e.g. net interest margin) and of money market reform and dollar strength on offshore funding, i.e. funding for overseas operations. (See here, here, and here.)
With all of the ‘happenings’ going on in the U.S. currently as it relates to politics....More>>>
With stocks trading near record highs, traders have a lot to be thankful for this Thanksgiving.
And theyll have had plenty of time to reflect on their good fortune (or not) with markets closed Thursday in observance of Thanksgiving plus, as has been the case since 1992, the stock exchanges observe an abbreviated session on Black Friday, the traditional kickoff to the holiday shopping season.