Category: Banking Stocks
The analysis published under this category are as follows.Monday, June 18, 2018
The Trillion Dollar Market You’ve Never Heard Of / Companies / Banking Stocks
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Thursday, April 26, 2018
Market Minute: Bond Yields and Bank Stocks / Stock-Markets / Banking Stocks
Interest rates are starting to rise. What industry group likes that? The banks.
Interest rates are set by the FOMC and reflect a number of factors.
They are a tool to control inflation and maintain healthy economic growth.
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Monday, December 18, 2017
Explaining My Amazement About Those Turning Bullish On The Banking Sector Now / Companies / Banking Stocks
Recent price action
With the Nasdaq continuing higher this past week, it has now reached our minimum target we were looking for before a pullback may be seen. But, I think the XLF may be providing us with certain clues about how 2018 may turn out. And, it may not be as rosy as many believe. Well, at least the first half of the year.
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Thursday, November 02, 2017
Regulation Is Killing Community Banks - Public Banks Can Revive Them / Politics / Banking Stocks
At his confirmation hearing in January 2017, Treasury Secretary Stephen Mnuchin said, "regulation is killing community banks." If the process is not reversed, he warned, we could "end up in a world where we have four big banks in this country." That would be bad for both jobs and the economy. "I think that we all appreciate the engine of growth is with small and medium-sized businesses," said Mnuchin. "We're losing the ability for small and medium-sized banks to make good loans to small and medium-sized businesses in the community, where they understand those credit risks better than anybody else."
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Wednesday, May 03, 2017
Banking Sector Stocks have Topped Out Right Here... Sell in May and Go Away.... / Companies / Banking Stocks
Zach writes: Looking at the SPDR Select Financial ETF (XLF), a proxy of the 65 biggest financial institutions, we can see that this sector will be headed lower, by approx 5% or even more.
How do I know that? - The charts are talking to us...
1. We've topped out at the 50 MA on the Daily chart, which is also a pivot high of resistance.
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Friday, April 14, 2017
KBW Bank Index Extended Correction / Companies / Banking Stocks
KBW Bank Index is an economic index consisting of the stocks of 24 banking companies delivering a direct exposure to the banking sector and offering a targeted view to a unique corner of the U.S. financials sector. The top holdings Banks of the index are among the biggest financial institutes in the world and most of them will report earning during this week ( Citigroup, JPMorgan Chase, Wells Fargo, Bank of America). These companies have a big influence on the financial sector that can be measured by the ETF (XLF), which was up 30% from last year until last month, we mentioned in our previous financial article that XLF was reaching an inflection area which provided the expected pullback.
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Tuesday, February 07, 2017
Major Banks Are Now Bullish for the First Time in Close to a Decade / Companies / Banking Stocks
Chinese and European economic activities are finally showing signs of strength, and in 2017, any severe corrections should be viewed as opportunities to position more strategically for long-term gains, says Lior Gantz, editor of Wealth Research Group.
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Wednesday, November 23, 2016
A Review of Nedbank Private Wealth / Companies / Banking Stocks
Nedbank Private Wealth is a leading international private bank offering account services and offshore investment opportunities to globally mobile professionals.
This is a review and summary of their banking and investment offering.
It is written to enable anyone looking for an organisation for international wealth management to make an informed choice about their solution provider.
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Tuesday, October 04, 2016
Are U.S. Banks Safer Today Than They Were In 2008? / Commodities / Banking Stocks
Although the seeds of the 2008 ‘financial crisis’ were sown at a much earlier period of time, the banking institutions continued to reap the benefits of ‘easy money’ until the financial crisis of 2008 negatively impacted the economy. The damage would have been much larger had U.S. taxpayer’s money not been used to bail out a large number of struggling banks and companies.
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Monday, July 25, 2016
Is the Banking Stocks Index on Solid Ground? / Companies / Banking Stocks
Last Friday, the Banking Index closed at 67.50 with the C-RSI at a Caution level of +2.07.
The Accelerator had a very small up tick. The Timing Indicator was in positive territory with an up tick that still showed technical upside trending.
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Tuesday, July 19, 2016
Banking Stocks Index - Does Danger Lurk? / Companies / Banking Stocks
Does Danger lurk on the Banking Index?
Last week, the Banking Index closed at 67.22 with the C-RSI at a Danger level of +1.59.
The Accelerator had a very small down tick. The Timing Indicator was in negative territory with an up tick that still showed technical upside trending.
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Friday, July 01, 2016
Barclays Doesn’t Need More Capital Even With Brexit, Staley Says - Video / Companies / Banking Stocks
Barclays CEO Jes Staley says in a Bloomberg Television interview with Erik Schatzker that the bank didn’t see stress in funding during market volatility.
He says:
- No agreed-upon sales of non-core assets had clauses that would cancel them because of Brexit.
- Stock decline prompted by earnings concerns, not capital or liquidity questions.
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Tuesday, May 03, 2016
Bank of North Dakota Soars Despite Oil Bust: A Blueprint for California? / Companies / Banking Stocks
Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead.
In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned depository bank, was more profitable even than J.P. Morgan Chase and Goldman Sachs. The author attributed this remarkable performance to the state’s oil boom; but the boom has now become an oil bust, yet the BND’s profits continue to climb. Its 2015 Annual Report, published on April 20th, boasted its most profitable year ever.
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Saturday, April 23, 2016
Mish Shedlock: “EXCUSE ME MR. PRESIDENT, IS THAT A JOKE?” / Companies / Banking Stocks
FRA Co-founder Gordon T. Long is joined by Mish Shedlock in discussing the rigging of gold and silver by Deutsche Bank and the reliability of so called “casino banks” and the state of global banking institutions.
Read full article... Read full article...Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. He is also a contributing “professor” on Minyanville, a community site focused on economic and financial education.
Friday, April 22, 2016
Mike Mayo: Citigroup, BofA, Comerica Should Shrink Faster / Companies / Banking Stocks
Mike Mayo, managing director at CLSA Americas, spoke with Tom Keene and Michael McKee on Bloomberg Radio this morning. Mayo said Citigroup, Bank of America and Comerica should move faster to restructure, including selling more assets, to catch up with competitors that are generating better returns: “All three of those banks have failed to create value for every year for the last eight years. And so our question for the board of directors is if you’re not getting it done, what is your plan B?”
He said: “You have some banks like JPMorgan and Wells Fargo with very good returns. Citigroup has poor returns. That’s why our team is going to the annual meeting on Tuesday to say some of your peers are getting it done.”
Saturday, April 16, 2016
Investigating Deutsche Bank's Euro21 Trillion Derivative Casino / Companies / Banking Stocks
Deutsche Bank Admits Rigging, Will Expose Other Riggers
Deutsche Bank has admitted it rigged both the Gold market and the Silver market. ZeroHedge has the details in his report Deutsche Bank Agrees To Expose Other Manipulators .
Many asked me to comment. I am shocked?
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Wednesday, February 03, 2016
What's Up with Goldman Sachs? / Companies / Banking Stocks
Transcript Excerpt: Tuesday February 2nd 2016 short video on Goldman Sachs the investment bank that
was saved by the Federal Reserve in 2008 September 2008 overnight federal reserve
on a Sunday you know gave Goldman Sachs bank holding company status
overnight just like that in order to save Goldman Sachs that they could
borrow money from the Fed
their investment investment bank so you could argue that their actual investment
bank with government guarantee now you know from 2008
Tuesday, December 29, 2015
A Crisis Worse than ISIS? Bank Bail-Ins Begin / Politics / Banking Stocks
At the end of November, an Italian pensioner hanged himself after his entire €100,000 savings were confiscated in a bank “rescue” scheme. He left a suicide note blaming the bank, where he had been a customer for 50 years and had invested in bank-issued bonds. But he might better have blamed the EU and the G20’s Financial Stability Board, which have imposed an “Orderly Resolution” regime that keeps insolvent banks afloat by confiscating the savings of investors and depositors. Some 130,000 shareholders and junior bond holders suffered losses in the “rescue.”
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Saturday, December 19, 2015
Banking Stocks - Why Not to "Bank" on It / Companies / Banking Stocks
Two charts, one message
Editor's note: You'll find a text version of this story below the video.
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Saturday, October 24, 2015
Killing Off Community Banks - Intended Consequence of Dodd-Frank? / Politics / Banking Stocks
At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passed by the US legislature. It was supposed to end "too big to fail" and "bailouts," and to "promote financial stability." But Dodd-Frank's "orderly liquidation authority" has replaced bailouts with bail-ins, meaning that in the event of insolvency, big banks are to recapitalize themselves with the savings of their creditors and depositors. The banks deemed too big are more than 30% bigger than before the Act was passed in 2010, and 80% bigger than before the banking crisis of 2008. The six largest US financial institutions now have assets of some $10 trillion, amounting to almost 60% of GDP; and they control nearly 50% of all bank deposits.
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