Posts Tagged ‘BAC’

Is The Banking Sector To Blame For Latest Market Pullback?

June 7 | Posted by Kevin Monaghan | Top Story Tags: , , , , , , , , , , , , , , , , , , ,

If you’re looking for someone to point the finger at for the recent market pullback, financial stocks deserve a large portion of the blame.  It’s not really their fault though.  Banking stocks, like many industries these days, are facing potential legislation from Congress that is still up in the air, but it’s looking... Read more

Elite Inside Trader – Market Weekly Round Up

April 17 | Posted by Kevin Monaghan | Top Story Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

April 11th – April 15th The week was highlighted by the start of earnings season, inflation concerns, and an announcement from Goldman and Sach’s.  Alcoa kicked off the earnings season with in-line numbers and news that higher costs for energy were cutting into profits.  Higher costs could be a concern as inflation persists. ... Read more