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FXO

First Trust Financials AlphaDEX

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Summary

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant® Financials Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by IDI to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.

Market Cap: 1.27 Billion

Primary Exchange: NYSE Arca

Website: http://www.ftportfolios.com

Shares Outstanding: 38.7 Million

Float: 38.7 Million

Dividend: 0.5076 (1.55%)

Beta: 1.235709

Sector:

Industry:

Short Interest (Jan 15, 2013): 84.7 Thousand

Ethical Flags

Longest drawdown: 502 trading days

From: 2018-01-26 To: 2019-09-13

Lowest Point:

Financials, Overbought Utilities And The Dollar

via: SeekingAlpha at 2019-05-30 17:08:47:000

Frustrating Financials Financials are clients' 2nd-largest sector weighting behind Technology for the past several years. The above chart shows the XLF versus the SPY from January 1, 2018. Certainly, the flat-to-inverted yield curve isn't helping. The Financials sector is showing 8% earnin… read more...

Financials, Overbought Utilities And The Dollar

via: SeekingAlpha at 2019-05-30 17:08:47:000

Frustrating Financials Financials are clients' 2nd-largest sector weighting behind Technology for the past several years. The above chart shows the XLF versus the SPY from January 1, 2018. Certainly, the flat-to-inverted yield curve isn't helping. The Financials sector is showing 8% earnin… read more...

Financials, Overbought Utilities And The Dollar

via: SeekingAlpha at 2019-05-30 17:08:47:000

Frustrating Financials Financials are clients' 2nd-largest sector weighting behind Technology for the past several years. The above chart shows the XLF versus the SPY from January 1, 2018. Certainly, the flat-to-inverted yield curve isn't helping. The Financials sector is showing 8% earnin… read more...

Financials, Overbought Utilities And The Dollar

via: SeekingAlpha at 2019-05-30 17:08:47:000

Frustrating Financials Financials are clients' 2nd-largest sector weighting behind Technology for the past several years. The above chart shows the XLF versus the SPY from January 1, 2018. Certainly, the flat-to-inverted yield curve isn't helping. The Financials sector is showing 8% earnin… read more...

Financials, Overbought Utilities And The Dollar

via: SeekingAlpha at 2019-05-30 17:08:47:000

Frustrating Financials Financials are clients' 2nd-largest sector weighting behind Technology for the past several years. The above chart shows the XLF versus the SPY from January 1, 2018. Certainly, the flat-to-inverted yield curve isn't helping. The Financials sector is showing 8% earnin… read more...

Financials, Overbought Utilities And The Dollar

via: SeekingAlpha at 2019-05-30 17:08:47:000

Frustrating Financials Financials are clients' 2nd-largest sector weighting behind Technology for the past several years. The above chart shows the XLF versus the SPY from January 1, 2018. Certainly, the flat-to-inverted yield curve isn't helping. The Financials sector is showing 8% earnin… read more...

Financials, Overbought Utilities And The Dollar

via: SeekingAlpha at 2019-05-30 17:08:47:000

Frustrating Financials Financials are clients' 2nd-largest sector weighting behind Technology for the past several years. The above chart shows the XLF versus the SPY from January 1, 2018. Certainly, the flat-to-inverted yield curve isn't helping. The Financials sector is showing 8% earnin… read more...

Household debt rises for 19th straight quarter, NY Fed says

via: SeekingAlpha at 2019-05-14 11:49:27:000

Total household debt increased 0.9% to $13.67T in Q1 2019, and is now $993B higher than the previous peak of $12.68T in Q3 2008, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit. More news on: Financial Select Sector SPDR ETF, Direxion Dai… read more...

Household debt rises for 19th straight quarter, NY Fed says

via: SeekingAlpha at 2019-05-14 11:49:27:000

Total household debt increased 0.9% to $13.67T in Q1 2019, and is now $993B higher than the previous peak of $12.68T in Q3 2008, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit. More news on: Financial Select Sector SPDR ETF, Direxion Dai… read more...

Household debt rises for 19th straight quarter, NY Fed says

via: SeekingAlpha at 2019-05-14 11:49:27:000

Total household debt increased 0.9% to $13.67T in Q1 2019, and is now $993B higher than the previous peak of $12.68T in Q3 2008, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit. More news on: Financial Select Sector SPDR ETF, Direxion Dai… read more...

Fed notes more risky debt issuance, lower credit standards

via: SeekingAlpha at 2019-05-06 12:00:35:000

The Federal Reserve observes risky debt issuance has picked up recently, though refinancing activity has decreased because of "somewhat elevated spreads," according to the central bank's semi-annual Financial Stability Report. More news on: Financial Select Sector SPDR ETF, Direxion Dail… read more...

Fed notes more risky debt issuance, lower credit standards

via: SeekingAlpha at 2019-05-06 12:00:35:000

The Federal Reserve observes risky debt issuance has picked up recently, though refinancing activity has decreased because of "somewhat elevated spreads," according to the central bank's semi-annual Financial Stability Report. More news on: Financial Select Sector SPDR ETF, Direxion Dail… read more...

Fed notes more risky debt issuance, lower credit standards

via: SeekingAlpha at 2019-05-06 12:00:35:000

The Federal Reserve observes risky debt issuance has picked up recently, though refinancing activity has decreased because of "somewhat elevated spreads," according to the central bank's semi-annual Financial Stability Report. More news on: Financial Select Sector SPDR ETF, Direxion Dail… read more...

CFPB chief to continue review of complaints database: Reuters

via: SeekingAlpha at 2019-04-18 09:51:06:000

The new head of the Consumer Financial Protection Bureau plans to continue her predecessor's review of its public complaints database, Reuters reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share… read more...

CFPB chief to continue review of complaints database: Reuters

via: SeekingAlpha at 2019-04-18 09:51:06:000

The new head of the Consumer Financial Protection Bureau plans to continue her predecessor's review of its public complaints database, Reuters reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share… read more...

CFPB chief to continue review of complaints database: Reuters

via: SeekingAlpha at 2019-04-18 09:51:06:000

The new head of the Consumer Financial Protection Bureau plans to continue her predecessor's review of its public complaints database, Reuters reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share… read more...

CFPB chief to continue review of complaints database: Reuters

via: SeekingAlpha at 2019-04-18 09:51:06:000

The new head of the Consumer Financial Protection Bureau plans to continue her predecessor's review of its public complaints database, Reuters reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share… read more...

CFPB chief to continue review of complaints database: Reuters

via: SeekingAlpha at 2019-04-18 09:51:06:000

The new head of the Consumer Financial Protection Bureau plans to continue her predecessor's review of its public complaints database, Reuters reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share… read more...

CFPB chief to continue review of complaints database: Reuters

via: SeekingAlpha at 2019-04-18 09:51:06:000

The new head of the Consumer Financial Protection Bureau plans to continue her predecessor's review of its public complaints database, Reuters reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share… read more...

Citi comments on bank sector profit outlook

via: SeekingAlpha at 2019-04-16 00:07:34:000

Four of the six largest American banks delivered a mixed bag of first-quarter financial results this past week - but that's probably the sector's best this year, especially if the Fed does not increase interest rates, according to Citigroup . More news on: Rex Shares MicroSectors U.S. Big… read more...

Citi comments on bank sector profit outlook

via: SeekingAlpha at 2019-04-16 00:07:34:000

Four of the six largest American banks delivered a mixed bag of first-quarter financial results this past week - but that's probably the sector's best this year, especially if the Fed does not increase interest rates, according to Citigroup . More news on: Rex Shares MicroSectors U.S. Big… read more...

Fed Meeting April 30-May 1, 2019: Impact Of A Rate Rise

via: SeekingAlpha at 2019-04-15 00:36:36:000

This article provides an impact assessment of the FOMC April/May30-1 2019 meeting and a possible rise in the Federal Funds Rate ((FFR)) to 2.75%. The Federal Reserve held the target range for FFR at 2.25-2.5 percent during its policy meeting of March 2019 and reaffirmed its position to be pa… read more...

One Last Earnings-Related Table: The Rationale For A Financial Sector Overweight

via: SeekingAlpha at 2019-04-14 22:17:20:000

This blog post addressing Financial sector earnings came out Thursday night, which didn't help readers, so I wanted to do one more dissection of expected S&P 500 2019 earnings and make the case for Financials from a different perspective. The above I/B/E/S by Refinitiv table from This … read more...

S&P 500 Earnings: Fade Tech And Buy Financials?

via: SeekingAlpha at 2019-04-13 05:04:20:000

Corporate high yield, as symbolized by the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), outperformed the S&P 500 this week, returning +0.61% vs. the SPY's +0.51%. I would think that would bode well for forward returns for the S&P 500, as the key benchmark is now just 35 point… read more...

S&P 500 Earnings: Fade Tech And Buy Financials?

via: SeekingAlpha at 2019-04-13 05:04:20:000

Corporate high yield, as symbolized by the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), outperformed the S&P 500 this week, returning +0.61% vs. the SPY's +0.51%. I would think that would bode well for forward returns for the S&P 500, as the key benchmark is now just 35 point… read more...

Bank stocks surge amid healthy Q1 earnings

via: SeekingAlpha at 2019-04-12 09:32:11:000

Financial stocks power up as the first crop of Q1 bank earnings come in stronger-than-expected, for the most part. More news on: Financial Select Sector SPDR ETF, SPDR S&P Regional Banking ETF, JPMorgan Chase & Co., Financial stocks news, Stocks on the move, News on ETFs, Read … read more...

Big bank CEOs face the House

via: SeekingAlpha at 2019-04-10 05:40:47:000

The CEOs of the biggest U.S. banks plan to tell Congress this week that regulatory reforms since the 2008 financial crisis have made the U.S. financial system less risky and more resilient. More news on: JPMorgan Chase & Co., Citigroup Inc., The Goldman Sachs Group, Inc., Financial s… read more...

Big bank CEOs face the House

via: SeekingAlpha at 2019-04-10 05:40:47:000

The CEOs of the biggest U.S. banks plan to tell Congress this week that regulatory reforms since the 2008 financial crisis have made the U.S. financial system less risky and more resilient. More news on: JPMorgan Chase & Co., Citigroup Inc., The Goldman Sachs Group, Inc., Financial s… read more...

JPMorgan, Wells Fargo set to launch Q1 earnings season

via: SeekingAlpha at 2019-04-09 11:53:16:000

JPMorgan Chase ( JPM -0.9% )and Wells Fargo ( WFC -1.5% )will start off Q1 earnings season on Friday, giving an early view of how the year is shaping up. More news on: JPMorgan Chase & Co., Wells Fargo & Company, The Goldman Sachs Group, Inc., Financial stocks news,… read more...

U.S. regulatory propose to limit big banks holding TLAC debt

via: SeekingAlpha at 2019-04-02 06:34:15:000

U.S. banking regulators propose to limit interconnectedness of large banks to cushion the blow if a megabank collapses. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, News on… read more...

U.S. regulatory propose to limit big banks holding TLAC debt

via: SeekingAlpha at 2019-04-02 06:34:15:000

U.S. banking regulators propose to limit interconnectedness of large banks to cushion the blow if a megabank collapses. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, News on… read more...

U.S. regulatory propose to limit big banks holding TLAC debt

via: SeekingAlpha at 2019-04-02 06:34:15:000

U.S. banking regulators propose to limit interconnectedness of large banks to cushion the blow if a megabank collapses. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, News on… read more...

Tech Vs. Financials - The Yin And The Yang

via: SeekingAlpha at 2019-03-22 02:11:35:000

Tremendous article by Josh Brown today on Second Chances. Couldn't let it pass: " Second Chances are Important ." ----------------- In the 1990s, the two sectors moved together, and at one point in the early 2000s, both sectors together comprised close to 50% of the market cap of the S&amp… read more...

Tech Vs. Financials - The Yin And The Yang

via: SeekingAlpha at 2019-03-22 02:11:35:000

Tremendous article by Josh Brown today on Second Chances. Couldn't let it pass: " Second Chances are Important ." ----------------- In the 1990s, the two sectors moved together, and at one point in the early 2000s, both sectors together comprised close to 50% of the market cap of the S&amp… read more...

Tech Vs. Financials - The Yin And The Yang

via: SeekingAlpha at 2019-03-22 02:11:35:000

Tremendous article by Josh Brown today on Second Chances. Couldn't let it pass: " Second Chances are Important ." ----------------- In the 1990s, the two sectors moved together, and at one point in the early 2000s, both sectors together comprised close to 50% of the market cap of the S&amp… read more...

Tech Vs. Financials - The Yin And The Yang

via: SeekingAlpha at 2019-03-22 02:11:35:000

Tremendous article by Josh Brown today on Second Chances. Couldn't let it pass: " Second Chances are Important ." ----------------- In the 1990s, the two sectors moved together, and at one point in the early 2000s, both sectors together comprised close to 50% of the market cap of the S&amp… read more...

Tech Vs. Financials - The Yin And The Yang

via: SeekingAlpha at 2019-03-22 02:11:35:000

Tremendous article by Josh Brown today on Second Chances. Couldn't let it pass: " Second Chances are Important ." ----------------- In the 1990s, the two sectors moved together, and at one point in the early 2000s, both sectors together comprised close to 50% of the market cap of the S&amp… read more...

Banks' margins come under pressure from dovish Fed: Baird

via: SeekingAlpha at 2019-03-21 04:03:03:000

Banks' net interest margins face pressure from a more-dovish Fed, leading to lending spread compression. deposit re-mixing, and potential for yield-curve inversion, Baird analyst David George writes in a note. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, JPM… read more...

Regulators consider rewriting Volcker rule again: WSJ

via: SeekingAlpha at 2019-03-08 08:56:03:000

After Trump-appointed regulators introduced a more industry-friendly version of the Volcker rule last year, the financial industry objected. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on ETFs Read more … read more...

Regulators consider rewriting Volcker rule again: WSJ

via: SeekingAlpha at 2019-03-08 08:56:03:000

After Trump-appointed regulators introduced a more industry-friendly version of the Volcker rule last year, the financial industry objected. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on ETFs Read more … read more...

Regulators consider rewriting Volcker rule again: WSJ

via: SeekingAlpha at 2019-03-08 08:56:03:000

After Trump-appointed regulators introduced a more industry-friendly version of the Volcker rule last year, the financial industry objected. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on ETFs Read more … read more...

Regulators consider rewriting Volcker rule again: WSJ

via: SeekingAlpha at 2019-03-08 08:56:03:000

After Trump-appointed regulators introduced a more industry-friendly version of the Volcker rule last year, the financial industry objected. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on ETFs Read more … read more...

Regulators consider rewriting Volcker rule again: WSJ

via: SeekingAlpha at 2019-03-08 08:56:03:000

After Trump-appointed regulators introduced a more industry-friendly version of the Volcker rule last year, the financial industry objected. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on ETFs Read more … read more...

Bank stocks slump amid ECB's dimmed outlook

via: SeekingAlpha at 2019-03-07 06:25:20:000

The European Central Bank's dimmer outlook for the eurozone growth and lengthened timeline for when its next rate hike might occur are leading bank stocks lower, with, of course, Europe-based banks bearing the brunt. More news on: iShares MSCI Europe Financials Sector Index ETF, Deutsche B… read more...

U.S. banks' direct exposure to leveraged loans is contained: Moody's

via: SeekingAlpha at 2019-02-20 15:01:30:000

U.S. banks' direct exposure to leveraged loans is contained and mitigated, Moody's Investors Service says in a new report. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, News… read more...

U.S. banks' direct exposure to leveraged loans is contained: Moody's

via: SeekingAlpha at 2019-02-20 15:01:30:000

U.S. banks' direct exposure to leveraged loans is contained and mitigated, Moody's Investors Service says in a new report. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, News… read more...

U.S. banks' direct exposure to leveraged loans is contained: Moody's

via: SeekingAlpha at 2019-02-20 15:01:30:000

U.S. banks' direct exposure to leveraged loans is contained and mitigated, Moody's Investors Service says in a new report. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, News… read more...

FPA Crescent Fund Fourth Quarter 2018 Commentary

via: SeekingAlpha at 2019-02-18 08:50:00:000

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more … read more...

FPA Crescent Fund Fourth Quarter 2018 Commentary

via: SeekingAlpha at 2019-02-18 08:50:00:000

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more … read more...

Buffett Buys Into Big Banks

via: SeekingAlpha at 2019-02-15 12:41:57:000

Warren Buffett Doubles Down on Big Banks . So reads the headlines of the article written by Katherine Chiglinsky and Ben Foldy in Bloomberg LP today. Buffett, as is well known, likes to buy when companies are out-of-favor. In the last part of 2018, this certainly was… read more...

Buffett Buys Into Big Banks

via: SeekingAlpha at 2019-02-15 12:41:57:000

Warren Buffett Doubles Down on Big Banks . So reads the headlines of the article written by Katherine Chiglinsky and Ben Foldy in Bloomberg LP today. Buffett, as is well known, likes to buy when companies are out-of-favor. In the last part of 2018, this certainly was… read more...

Buffett Buys Into Big Banks

via: SeekingAlpha at 2019-02-15 12:41:57:000

Warren Buffett Doubles Down on Big Banks . So reads the headlines of the article written by Katherine Chiglinsky and Ben Foldy in Bloomberg LP today. Buffett, as is well known, likes to buy when companies are out-of-favor. In the last part of 2018, this certainly was… read more...

Tech Stocks Killed The Market's Q4 Earnings; Healthcare And Financials Saved Them

via: SeekingAlpha at 2019-02-11 22:22:21:000

To be fair, were only a little more than halfway through the fourth quarters earnings season. Much could still change on the proverbial back nine. On the other hand, with most of the major names already reporting last quarters results, where we are is … read more...

Tech Stocks Killed The Market's Q4 Earnings; Healthcare And Financials Saved Them

via: SeekingAlpha at 2019-02-11 22:22:21:000

To be fair, were only a little more than halfway through the fourth quarters earnings season. Much could still change on the proverbial back nine. On the other hand, with most of the major names already reporting last quarters results, where we are is … read more...

Tech Stocks Killed The Market's Q4 Earnings; Healthcare And Financials Saved Them

via: SeekingAlpha at 2019-02-11 22:22:21:000

To be fair, were only a little more than halfway through the fourth quarters earnings season. Much could still change on the proverbial back nine. On the other hand, with most of the major names already reporting last quarters results, where we are is … read more...

U.S. consumer credit growth slowed to 4.9% in 2018

via: SeekingAlpha at 2019-02-07 15:20:22:000

U.S. consumer credit rose at a seasonally adjusted annual rate of 5.0% in December, bringing the Q4 growth rate to 6.6%, according to the Federal Reserve. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares … read more...

U.S. consumer credit growth slowed to 4.9% in 2018

via: SeekingAlpha at 2019-02-07 15:20:22:000

U.S. consumer credit rose at a seasonally adjusted annual rate of 5.0% in December, bringing the Q4 growth rate to 6.6%, according to the Federal Reserve. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares … read more...

U.S. consumer credit growth slowed to 4.9% in 2018

via: SeekingAlpha at 2019-02-07 15:20:22:000

U.S. consumer credit rose at a seasonally adjusted annual rate of 5.0% in December, bringing the Q4 growth rate to 6.6%, according to the Federal Reserve. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares … read more...

U.S. consumer credit growth slowed to 4.9% in 2018

via: SeekingAlpha at 2019-02-07 15:20:22:000

U.S. consumer credit rose at a seasonally adjusted annual rate of 5.0% in December, bringing the Q4 growth rate to 6.6%, according to the Federal Reserve. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares … read more...

Fed Meeting 19-20 March 2019: Impact Of A Rate Rise

via: SeekingAlpha at 2019-02-06 00:45:12:000

This article provides an impact assessment of the FOMC March 19-20 meeting and a possible rise in the Federal Funds Rate ((FFR)) to 2.75%. The Federal Reserve held the target range for FFR at 2.25-2.5 percent during its first policy meeting of January 2019 and reaffirmed its position to be … read more...

Banks Report Loan Demand Is Weakening

via: SeekingAlpha at 2019-02-05 15:45:38:000

The latest data point that confirms the deceleration in global and domestic economic activity comes in the form of the Senior Loan Officer Opinion Survey by the Federal Reserve. In this report, responses from 73 domestic banks and 22 U.S. branches of foreign banks were collected from December… read more...

Loan demand weakened in Q4, some lending standards tightened: Fed

via: SeekingAlpha at 2019-02-04 15:18:43:000

U.S. banks tightened lending standards for commercial real estate loans, while standards and most terms on commercial and industrial loans remained basically unchanged, according to the Federal Reserve's January 2019 senior loan opinion survey on bank lending practices. More news on: Fin… read more...

Banks ease up from selling new bonds

via: SeekingAlpha at 2019-01-25 10:55:26:000

Banks and other financial companies are pulling back from issuing new corporate bonds, Bloomberg reports. More news on: JPMorgan Chase & Co., Bank of America Corporation, Citigroup Inc., Financial stocks news, News on ETFs, Read more … read more...

Banks ease up from selling new bonds

via: SeekingAlpha at 2019-01-25 10:55:26:000

Banks and other financial companies are pulling back from issuing new corporate bonds, Bloomberg reports. More news on: JPMorgan Chase & Co., Bank of America Corporation, Citigroup Inc., Financial stocks news, News on ETFs, Read more … read more...

Banks ease up from selling new bonds

via: SeekingAlpha at 2019-01-25 10:55:26:000

Banks and other financial companies are pulling back from issuing new corporate bonds, Bloomberg reports. More news on: JPMorgan Chase & Co., Bank of America Corporation, Citigroup Inc., Financial stocks news, News on ETFs, Read more … read more...

Banks ease up from selling new bonds

via: SeekingAlpha at 2019-01-25 10:55:26:000

Banks and other financial companies are pulling back from issuing new corporate bonds, Bloomberg reports. More news on: JPMorgan Chase & Co., Bank of America Corporation, Citigroup Inc., Financial stocks news, News on ETFs, Read more … read more...

Banks ease up from selling new bonds

via: SeekingAlpha at 2019-01-25 10:55:26:000

Banks and other financial companies are pulling back from issuing new corporate bonds, Bloomberg reports. More news on: JPMorgan Chase & Co., Bank of America Corporation, Citigroup Inc., Financial stocks news, News on ETFs, Read more … read more...

Dimon and Solomon met with Maxine Waters: CNBC

via: SeekingAlpha at 2019-01-24 10:48:30:000

JPMorgan ( JPM +0.2% ) CEO Jamie Dimon and Goldman Sachs ( GS +0.8% ) CEO David Solomon recently had private meetings with Representative Maxine Waters, who leads the House banking panel, CNBC reports, citing people with direct knowledge of the matter. More news on: JPMorgan Chase &a… read more...

The Big Short Squeeze Ahead

via: SeekingAlpha at 2019-01-18 09:21:27:000

Short covering has been in evidence since the end of December and still hasn't run its course. After near-record levels of investor pessimism last month, the major averages established a bottom and commenced a recovery rally which is still underway. While many bears believe the rally is approa… read more...

The Big Short Squeeze Ahead

via: SeekingAlpha at 2019-01-18 09:21:27:000

Short covering has been in evidence since the end of December and still hasn't run its course. After near-record levels of investor pessimism last month, the major averages established a bottom and commenced a recovery rally which is still underway. While many bears believe the rally is approa… read more...

The Big Short Squeeze Ahead

via: SeekingAlpha at 2019-01-18 09:21:27:000

Short covering has been in evidence since the end of December and still hasn't run its course. After near-record levels of investor pessimism last month, the major averages established a bottom and commenced a recovery rally which is still underway. While many bears believe the rally is approa… read more...

The Big Short Squeeze Ahead

via: SeekingAlpha at 2019-01-18 09:21:27:000

Short covering has been in evidence since the end of December and still hasn't run its course. After near-record levels of investor pessimism last month, the major averages established a bottom and commenced a recovery rally which is still underway. While many bears believe the rally is approa… read more...

The Big Short Squeeze Ahead

via: SeekingAlpha at 2019-01-18 09:21:27:000

Short covering has been in evidence since the end of December and still hasn't run its course. After near-record levels of investor pessimism last month, the major averages established a bottom and commenced a recovery rally which is still underway. While many bears believe the rally is approa… read more...

The Big Short Squeeze Ahead

via: SeekingAlpha at 2019-01-18 09:21:27:000

Short covering has been in evidence since the end of December and still hasn't run its course. After near-record levels of investor pessimism last month, the major averages established a bottom and commenced a recovery rally which is still underway. While many bears believe the rally is approa… read more...

Morgan Stanley: Earnings 'Not Satisfactory'

via: SeekingAlpha at 2019-01-17 12:56:46:000

James Gorman, CEO of Morgan Stanley (NYSE: MS), when presenting the fourth quarter earnings for the company, declared that the results are not satisfactory. Yet, the year as a whole was a strong one for the bank with annual revenue coming in at $40.1, an historical record for… read more...

Bank stocks rally, wiping out most of December's slump

via: SeekingAlpha at 2019-01-16 13:16:48:000

Bank stocks rally after Goldman Sachs ( GS +8.2% ) and Bank of America ( BAC +7.3% ) turn in better-than-expected earnings and wiping out most of their December decline. More news on: Goldman Sachs Group Inc., Bank of America Corporation, Financial Select Sector SPDR ETF, Financial sto… read more...

The Big US Banks At Bargain Prices

via: SeekingAlpha at 2019-01-15 13:04:28:000

The big U.S. banks have a loan book that is over 150% of GDP and some pay a dividend of over 2%. Credit creation is still growing the loan book at 0.1% of GDP. Ongoing central bank rate rises will cause the interest income from the accumulated loan book to cause automatic income increases … read more...

Bank Stocks Are Showing Leadership

via: SeekingAlpha at 2019-01-15 12:07:21:000

As the stock market slowly recovers its strength, participants are understandably getting nervous about the lack of progress in the last few days. The major indices have stalled since last week, prompting many to wonder if perhaps the January rally will prove to be a classic bull trap&… read more...

U.S. Supreme Court rejects challenge to CFPB

via: SeekingAlpha at 2019-01-14 11:42:59:000

The U.S. Supreme Court rejected a Texas bank's constitutional challenge to the structure of the Consumer Financial Protection Bureau. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks… read more...

IRS reopens key program for mortgage loans: WSJ

via: SeekingAlpha at 2019-01-14 10:25:52:000

The Trump Administration reopens a program after the mortgage industry says its closure during the partial government shutdown could have forced lenders to delay or cancel loan closings, the Wall Street Journal reports. More news on: Financial Select Sector SPDR ETF, UBS ETRACS Monthly P… read more...

Banks' Q4 earnings start next week amid lowered expectations

via: SeekingAlpha at 2019-01-11 15:37:37:000

Citigroup ( C +1.1% ) starts off the Q4 earnings season Monday, amid analyst reports conveying muted expectations. Analysts have been trimming earnings estimates and cutting ratings, with Goldman Sachs ( GS +0.3% ) estimates reduced the most , according to Bloomberg. More news on: Cit… read more...

Banks' Q4 earnings start next week amid lowered expectations

via: SeekingAlpha at 2019-01-11 15:37:37:000

Citigroup ( C +1.1% ) starts off the Q4 earnings season Monday, amid analyst reports conveying muted expectations. Analysts have been trimming earnings estimates and cutting ratings, with Goldman Sachs ( GS +0.3% ) estimates reduced the most , according to Bloomberg. More news on: Cit… read more...

Banks' Q4 earnings start next week amid lowered expectations

via: SeekingAlpha at 2019-01-11 15:37:37:000

Citigroup ( C +1.1% ) starts off the Q4 earnings season Monday, amid analyst reports conveying muted expectations. Analysts have been trimming earnings estimates and cutting ratings, with Goldman Sachs ( GS +0.3% ) estimates reduced the most , according to Bloomberg. More news on: Cit… read more...

Bank Stocks 2019: The Good, The Bad, And The Opportunities

via: SeekingAlpha at 2019-01-10 00:19:17:000

Goal for this Post and this Series The goal for this post and future posts is to identify banks with the best prospects for superior shareholder performance over the next 3-5 years. Analytical Approach As background, the data used in this analysis and ones to follow in this series ar… read more...

Wall Street scales back expectations on bank earnings

via: SeekingAlpha at 2019-01-07 12:39:46:000

A bunch of banks get downgrades Monday as analysts warn that interest rates won't help Q4 earnings and loan loss provisions may accelerate. More news on: Business First Bancshares, Inc., Hancock Whitney Corporation, Independent Bank Group, Financial stocks news, News on ETFs, Read more… read more...

Wall Street scales back expectations on bank earnings

via: SeekingAlpha at 2019-01-07 12:39:46:000

A bunch of banks get downgrades Monday as analysts warn that interest rates won't help Q4 earnings and loan loss provisions may accelerate. More news on: Business First Bancshares, Inc., Hancock Whitney Corporation, Independent Bank Group, Financial stocks news, News on ETFs, Read more… read more...

Wall Street scales back expectations on bank earnings

via: SeekingAlpha at 2019-01-07 12:39:46:000

A bunch of banks get downgrades Monday as analysts warn that interest rates won't help Q4 earnings and loan loss provisions may accelerate. More news on: Business First Bancshares, Inc., Hancock Whitney Corporation, Independent Bank Group, Financial stocks news, News on ETFs, Read more… read more...

Bank Of America: Has The Macro Landscape Improved For Banks?

via: SeekingAlpha at 2018-12-31 13:14:40:000

Two months ago, at the end of October, I penned a research note titled, " BAC: Banks Are Losing Their Advantage Due To Rising Rates ," in which I argued that due to rising interest rates, QT, a flattening yield curve, a faltering housing market and diminishing excess reserves that financial … read more...

Bank Of America: Has The Macro Landscape Improved For Banks?

via: SeekingAlpha at 2018-12-31 13:14:40:000

Two months ago, at the end of October, I penned a research note titled, " BAC: Banks Are Losing Their Advantage Due To Rising Rates ," in which I argued that due to rising interest rates, QT, a flattening yield curve, a faltering housing market and diminishing excess reserves that financial … read more...

Bank Of America: Has The Macro Landscape Improved For Banks?

via: SeekingAlpha at 2018-12-31 13:14:40:000

Two months ago, at the end of October, I penned a research note titled, " BAC: Banks Are Losing Their Advantage Due To Rising Rates ," in which I argued that due to rising interest rates, QT, a flattening yield curve, a faltering housing market and diminishing excess reserves that financial … read more...

Bank Of America: Has The Macro Landscape Improved For Banks?

via: SeekingAlpha at 2018-12-31 13:14:40:000

Two months ago, at the end of October, I penned a research note titled, " BAC: Banks Are Losing Their Advantage Due To Rising Rates ," in which I argued that due to rising interest rates, QT, a flattening yield curve, a faltering housing market and diminishing excess reserves that financial … read more...

KKR's structure shift attracts new investors; Blackstone considers a change

via: SeekingAlpha at 2018-12-27 13:31:26:000

With KKR's ( KKR -2.1% ) switch to a corporate structure, passively managed index funds have bought more than $1B of KKR's shares, the Financial Times reports. That's because the change to a C-corporation allows KKR to be included in major stock indexes. More news on: KKR, The Blacks… read more...

KKR's structure shift attracts new investors; Blackstone considers a change

via: SeekingAlpha at 2018-12-27 13:31:26:000

With KKR's ( KKR -2.1% ) switch to a corporate structure, passively managed index funds have bought more than $1B of KKR's shares, the Financial Times reports. That's because the change to a C-corporation allows KKR to be included in major stock indexes. More news on: KKR, The Blacks… read more...

KKR's structure shift attracts new investors; Blackstone considers a change

via: SeekingAlpha at 2018-12-27 13:31:26:000

With KKR's ( KKR -2.1% ) switch to a corporate structure, passively managed index funds have bought more than $1B of KKR's shares, the Financial Times reports. That's because the change to a C-corporation allows KKR to be included in major stock indexes. More news on: KKR, The Blacks… read more...

The Yield Curve Flattens And Bank Stocks Plunge; Here's The Connection - And The Prediction

via: SeekingAlpha at 2018-12-15 10:18:18:000

Despite all the ominous press being devoted to the soon-to-be-inverted yield curve , it's not always clear why such a thing matters. In other words, how exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all the turmoil that those thin… read more...

The Yield Curve Flattens And Bank Stocks Plunge; Here's The Connection - And The Prediction

via: SeekingAlpha at 2018-12-15 10:18:18:000

Despite all the ominous press being devoted to the soon-to-be-inverted yield curve , it's not always clear why such a thing matters. In other words, how exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all the turmoil that those thin… read more...

The Yield Curve Flattens And Bank Stocks Plunge; Here's The Connection - And The Prediction

via: SeekingAlpha at 2018-12-15 10:18:18:000

Despite all the ominous press being devoted to the soon-to-be-inverted yield curve , it's not always clear why such a thing matters. In other words, how exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all the turmoil that those thin… read more...

The Yield Curve Flattens And Bank Stocks Plunge; Here's The Connection - And The Prediction

via: SeekingAlpha at 2018-12-15 10:18:18:000

Despite all the ominous press being devoted to the soon-to-be-inverted yield curve , it's not always clear why such a thing matters. In other words, how exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all the turmoil that those thin… read more...

The Yield Curve Flattens And Bank Stocks Plunge; Here's The Connection - And The Prediction

via: SeekingAlpha at 2018-12-15 10:18:18:000

Despite all the ominous press being devoted to the soon-to-be-inverted yield curve , it's not always clear why such a thing matters. In other words, how exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all the turmoil that those thin… read more...

Robinhood takes on big banks with checking and savings accounts

via: SeekingAlpha at 2018-12-13 11:36:58:000

Robinhood challenges the big banks by introducing no-fee online checking and savings accounts that offer 3% interest rate and access to more than 75,000 free ATMs in the U.S. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily … read more...

Robinhood takes on big banks with checking and savings accounts

via: SeekingAlpha at 2018-12-13 11:36:58:000

Robinhood challenges the big banks by introducing no-fee online checking and savings accounts that offer 3% interest rate and access to more than 75,000 free ATMs in the U.S. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily … read more...

Bank stocks decline is oversold, says Deutsche Bank

via: SeekingAlpha at 2018-12-11 15:14:26:000

With few signs of a significant economic slowdown in the next six to nine months, Deutsche Bank analyst Matt O'Connor sees bank stocks as oversold. More news on: Goldman Sachs Group Inc., Morgan Stanley, Citizens Financial Group, Financial stocks news, Stocks on the move, News on ETFs, … read more...

The SPDR Regional Bank ETF (KRE): Do Bank Stocks Have More Downside?

via: SeekingAlpha at 2018-12-10 18:42:48:000

Banks Battered As Yield Curve Continues To Flatten As the turmoil in the stock market drags on, some sectors have been punished worse than others. Bank stocks, specifically regional banks stocks, have been near the bottom of the pack as a flattening yield curve spooks financial investors. … read more...

Consumer credit rises 7.75% in October, Fed says

via: SeekingAlpha at 2018-12-07 16:59:21:000

U.S. c onsumer credit debt increased ata seasonally adjusted annual rate7.75% in October, the Federal Reserve reports. More news on: ETFMG Prime Mobile Payments ETF, Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Financial stocks news, News on t… read more...

Consumer credit rises 7.75% in October, Fed says

via: SeekingAlpha at 2018-12-07 16:59:21:000

U.S. c onsumer credit debt increased ata seasonally adjusted annual rate7.75% in October, the Federal Reserve reports. More news on: ETFMG Prime Mobile Payments ETF, Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Financial stocks news, News on t… read more...

Consumer credit rises 7.75% in October, Fed says

via: SeekingAlpha at 2018-12-07 16:59:21:000

U.S. c onsumer credit debt increased ata seasonally adjusted annual rate7.75% in October, the Federal Reserve reports. More news on: ETFMG Prime Mobile Payments ETF, Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Financial stocks news, News on t… read more...

Consumer credit rises 7.75% in October, Fed says

via: SeekingAlpha at 2018-12-07 16:59:21:000

U.S. c onsumer credit debt increased ata seasonally adjusted annual rate7.75% in October, the Federal Reserve reports. More news on: ETFMG Prime Mobile Payments ETF, Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Financial stocks news, News on t… read more...

Banks get hammered by sliding Treasury yields

via: SeekingAlpha at 2018-12-04 12:38:45:000

Banks lead midday U.S. stock market declines as the U.S. Treasury yields narrow and news that trade talks with China weren't as productive as originally made out to be. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Citigroup Inc., Financial stocks news, Stock… read more...

Banks get hammered by sliding Treasury yields

via: SeekingAlpha at 2018-12-04 12:38:45:000

Banks lead midday U.S. stock market declines as the U.S. Treasury yields narrow and news that trade talks with China weren't as productive as originally made out to be. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Citigroup Inc., Financial stocks news, Stock… read more...

Banks get hammered by sliding Treasury yields

via: SeekingAlpha at 2018-12-04 12:38:45:000

Banks lead midday U.S. stock market declines as the U.S. Treasury yields narrow and news that trade talks with China weren't as productive as originally made out to be. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Citigroup Inc., Financial stocks news, Stock… read more...

OCC report sees risks emerging in federal banking system

via: SeekingAlpha at 2018-12-03 13:31:17:000

Higher levels of nonfinancial corporate debt and easing of loan underwriting standards, especially in leverage loans, emerge as risks to the U.S. banking system, reports the U.S. Office of the Comptroller of the Currency. More news on: Financial Select Sector SPDR ETF, Direxion Daily Fin… read more...

U.S. consumer debt seen reaching $4T by year-end--not a problem, yet

via: SeekingAlpha at 2018-11-30 10:33:31:000

U.S. consumer debt, already at $3.93T (excluding mortgages) for the first nine months 2018, is expected to top $4T by year-end, but LendingTree Chief EconomistTendayi Kapfidze isn't worried , according to CNBC. More news on: ETFMG Prime Mobile Payments ETF, Financial Select Sec… read more...

U.S. consumer debt seen reaching $4T by year-end--not a problem, yet

via: SeekingAlpha at 2018-11-30 10:33:31:000

U.S. consumer debt, already at $3.93T (excluding mortgages) for the first nine months 2018, is expected to top $4T by year-end, but LendingTree Chief EconomistTendayi Kapfidze isn't worried , according to CNBC. More news on: ETFMG Prime Mobile Payments ETF, Financial Select Sec… read more...

U.S. consumer debt seen reaching $4T by year-end--not a problem, yet

via: SeekingAlpha at 2018-11-30 10:33:31:000

U.S. consumer debt, already at $3.93T (excluding mortgages) for the first nine months 2018, is expected to top $4T by year-end, but LendingTree Chief EconomistTendayi Kapfidze isn't worried , according to CNBC. More news on: ETFMG Prime Mobile Payments ETF, Financial Select Sec… read more...

Fresh FDIC Data Show Improvements In The Banking System, But Concerns Remain

via: SeekingAlpha at 2018-11-30 03:05:01:000

The Federal Deposit Insurance Corporation recently released its Quarterly Banking Profile for the Third Quarter of 2018 with little fanfare during Thanksgiving week. Wall Street and equity fund managers have been recommending bank stocks on the notion that rising interest rates by the Fede… read more...

Fresh FDIC Data Show Improvements In The Banking System, But Concerns Remain

via: SeekingAlpha at 2018-11-30 03:05:01:000

The Federal Deposit Insurance Corporation recently released its Quarterly Banking Profile for the Third Quarter of 2018 with little fanfare during Thanksgiving week. Wall Street and equity fund managers have been recommending bank stocks on the notion that rising interest rates by the Fede… read more...

Fresh FDIC Data Show Improvements In The Banking System, But Concerns Remain

via: SeekingAlpha at 2018-11-30 03:05:01:000

The Federal Deposit Insurance Corporation recently released its Quarterly Banking Profile for the Third Quarter of 2018 with little fanfare during Thanksgiving week. Wall Street and equity fund managers have been recommending bank stocks on the notion that rising interest rates by the Fede… read more...

Financials rally, but still down YTD

via: SeekingAlpha at 2018-11-26 15:45:12:000

Financial stocks start the post-Thanksgiving week strong, with the Financial Select SPDR ETF (NYSEARCA: XLF ) up 2.2% in late trading; but in the past three months it's declined 5.6% and YTD -4.7%. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Cit… read more...

Financials rally, but still down YTD

via: SeekingAlpha at 2018-11-26 15:45:12:000

Financial stocks start the post-Thanksgiving week strong, with the Financial Select SPDR ETF (NYSEARCA: XLF ) up 2.2% in late trading; but in the past three months it's declined 5.6% and YTD -4.7%. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Cit… read more...

Financials rally, but still down YTD

via: SeekingAlpha at 2018-11-26 15:45:12:000

Financial stocks start the post-Thanksgiving week strong, with the Financial Select SPDR ETF (NYSEARCA: XLF ) up 2.2% in late trading; but in the past three months it's declined 5.6% and YTD -4.7%. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Cit… read more...

Maxine Waters says easing bank regulations will stop

via: SeekingAlpha at 2018-11-14 11:30:59:000

Representative Maxine Waters (D-CA), who's poised to become chair of the House Financial Services Committee in January, says easing banking regulations will stop when she heads the committee. More news on: Financial Select Sector SPDR ETF, SPDR S&P Regional Banking ETF, Direxion Dail… read more...

Maxine Waters says easing bank regulations will stop

via: SeekingAlpha at 2018-11-14 11:30:59:000

Representative Maxine Waters (D-CA), who's poised to become chair of the House Financial Services Committee in January, says easing banking regulations will stop when she heads the committee. More news on: Financial Select Sector SPDR ETF, SPDR S&P Regional Banking ETF, Direxion Dail… read more...

Maxine Waters says easing bank regulations will stop

via: SeekingAlpha at 2018-11-14 11:30:59:000

Representative Maxine Waters (D-CA), who's poised to become chair of the House Financial Services Committee in January, says easing banking regulations will stop when she heads the committee. More news on: Financial Select Sector SPDR ETF, SPDR S&P Regional Banking ETF, Direxion Dail… read more...

Banks get one-year reprieve for Fed's stress capital buffer rule

via: SeekingAlpha at 2018-11-09 11:05:27:000

The Fed's proposal to link large banks' capital buffer requirements with their stress test results isn't likely to take effect before 2020, says Randal Quarles, Federal Reserve vice chairman for supervision, in a speech in Washington, DC. More news on: Bank of America Corporation, Citigr… read more...

Banks get one-year reprieve for Fed's stress capital buffer rule

via: SeekingAlpha at 2018-11-09 11:05:27:000

The Fed's proposal to link large banks' capital buffer requirements with their stress test results isn't likely to take effect before 2020, says Randal Quarles, Federal Reserve vice chairman for supervision, in a speech in Washington, DC. More news on: Bank of America Corporation, Citigr… read more...

Banks get one-year reprieve for Fed's stress capital buffer rule

via: SeekingAlpha at 2018-11-09 11:05:27:000

The Fed's proposal to link large banks' capital buffer requirements with their stress test results isn't likely to take effect before 2020, says Randal Quarles, Federal Reserve vice chairman for supervision, in a speech in Washington, DC. More news on: Bank of America Corporation, Citigr… read more...

Banks get one-year reprieve for Fed's stress capital buffer rule

via: SeekingAlpha at 2018-11-09 11:05:27:000

The Fed's proposal to link large banks' capital buffer requirements with their stress test results isn't likely to take effect before 2020, says Randal Quarles, Federal Reserve vice chairman for supervision, in a speech in Washington, DC. More news on: Bank of America Corporation, Citigr… read more...

Banks get one-year reprieve for Fed's stress capital buffer rule

via: SeekingAlpha at 2018-11-09 11:05:27:000

The Fed's proposal to link large banks' capital buffer requirements with their stress test results isn't likely to take effect before 2020, says Randal Quarles, Federal Reserve vice chairman for supervision, in a speech in Washington, DC. More news on: Bank of America Corporation, Citigr… read more...

Still Don't Get It

via: SeekingAlpha at 2018-11-08 02:29:24:000

Capital ratios are meant to help define a "good bank" for the public. The thought being a bank widely recognized and accepted as a good one will be far less susceptible to a run. But it's the run regardless of capital ratios that destroys good banks as well as bad. The issue is, by and large, … read more...

Bank stocks do fine in day after midterms

via: SeekingAlpha at 2018-11-07 15:47:39:000

Though some worry that the Democrat-controlled House of Representatives will scrutinize banks more than the Republicans, bank stocks, for the most part, are up. More news on: Wells Fargo & Co., Citigroup Inc., Morgan Stanley, Financial stocks news, Stocks on the move, News on ETFs, … read more...

Fed finalizes supervisory rating system for large banks

via: SeekingAlpha at 2018-11-02 14:14:54:000

The Federal Reserve finalizes a n ew supervisory rating system for large financial institutions that's meant to align with areas most important to supporting U.S. financial stability. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Dai… read more...

Fed finalizes supervisory rating system for large banks

via: SeekingAlpha at 2018-11-02 14:14:54:000

The Federal Reserve finalizes a n ew supervisory rating system for large financial institutions that's meant to align with areas most important to supporting U.S. financial stability. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Dai… read more...

Fed finalizes supervisory rating system for large banks

via: SeekingAlpha at 2018-11-02 14:14:54:000

The Federal Reserve finalizes a n ew supervisory rating system for large financial institutions that's meant to align with areas most important to supporting U.S. financial stability. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Dai… read more...

Fed finalizes supervisory rating system for large banks

via: SeekingAlpha at 2018-11-02 14:14:54:000

The Federal Reserve finalizes a n ew supervisory rating system for large financial institutions that's meant to align with areas most important to supporting U.S. financial stability. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Dai… read more...

Fed finalizes supervisory rating system for large banks

via: SeekingAlpha at 2018-11-02 14:14:54:000

The Federal Reserve finalizes a n ew supervisory rating system for large financial institutions that's meant to align with areas most important to supporting U.S. financial stability. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Dai… read more...

Banks move up as Fed proposes some easing,

via: SeekingAlpha at 2018-10-31 13:26:59:000

Fianncial Select Sector SPDR ETF (NYSEARCA: XLF ) gains 2.1% and SPDR S&P Regional Banking ETF (NYSEARCA: KRE ) rises 2.0% , outpacing the S&P 500's 1.7% ri se , and helped by the Fed proposing to ease regulations for all but the largest banks and the overall expe… read more...

Banks move up as Fed proposes some easing,

via: SeekingAlpha at 2018-10-31 13:26:59:000

Fianncial Select Sector SPDR ETF (NYSEARCA: XLF ) gains 2.1% and SPDR S&P Regional Banking ETF (NYSEARCA: KRE ) rises 2.0% , outpacing the S&P 500's 1.7% ri se , and helped by the Fed proposing to ease regulations for all but the largest banks and the overall expe… read more...

Fed unveils proposal to ease regulations for some large banks

via: SeekingAlpha at 2018-10-31 12:05:58:000

The Federal Reserve unveils a proposal that takes a tiered approach to match regulations for large banking organizations with their risk profiles. More news on: PNC Financial Services Group, Inc., The Charles Schwab Corporation, U.S. Bancorp, Financial stocks news, News on ETFs, Read… read more...

Fed unveils proposal to ease regulations for some large banks

via: SeekingAlpha at 2018-10-31 12:05:58:000

The Federal Reserve unveils a proposal that takes a tiered approach to match regulations for large banking organizations with their risk profiles. More news on: PNC Financial Services Group, Inc., The Charles Schwab Corporation, U.S. Bancorp, Financial stocks news, News on ETFs, Read… read more...

Democrat gains in midterms may not be bad news for banks

via: SeekingAlpha at 2018-10-30 11:53:31:000

Just one week away from the midterm elections that could give Democrats control of the House of Representatives, analysts are saying much isn't likely to change policy-wise, Bloomberg reports. More news on: Wells Fargo & Co., Equifax Inc., Deutsche Bank AG, Financial stocks news, New… read more...

Frustrating Financials: Like The S&P 500, Seeing A Year Of PE Compression?

via: SeekingAlpha at 2018-10-21 13:28:45:000

Seasonally, the S&P 500 is entering one of its strongest periods of the calendar year. [[SPY]]'s YTD total return as of Friday, 10/19/18, was about 5%, while [[XLF]] and [[KRE]] returned -3% and -6% respectively, YTD. Client's largest financial position for most accounts is Charles Sch… read more...

Frustrating Financials: Like The S&P 500, Seeing A Year Of PE Compression?

via: SeekingAlpha at 2018-10-21 13:28:45:000

Seasonally, the S&P 500 is entering one of its strongest periods of the calendar year. [[SPY]]'s YTD total return as of Friday, 10/19/18, was about 5%, while [[XLF]] and [[KRE]] returned -3% and -6% respectively, YTD. Client's largest financial position for most accounts is Charles Sch… read more...

Frustrating Financials: Like The S&P 500, Seeing A Year Of PE Compression?

via: SeekingAlpha at 2018-10-21 13:28:45:000

Seasonally, the S&P 500 is entering one of its strongest periods of the calendar year. [[SPY]]'s YTD total return as of Friday, 10/19/18, was about 5%, while [[XLF]] and [[KRE]] returned -3% and -6% respectively, YTD. Client's largest financial position for most accounts is Charles Sch… read more...

Frustrating Financials: Like The S&P 500, Seeing A Year Of PE Compression?

via: SeekingAlpha at 2018-10-21 13:28:45:000

Seasonally, the S&P 500 is entering one of its strongest periods of the calendar year. [[SPY]]'s YTD total return as of Friday, 10/19/18, was about 5%, while [[XLF]] and [[KRE]] returned -3% and -6% respectively, YTD. Client's largest financial position for most accounts is Charles Sch… read more...

Big banks on the rise; regionals, not as much

via: SeekingAlpha at 2018-10-16 13:42:34:000

After solid Q3 earnings reports from Goldman Sachs Group ( GS +2.5% ) and Morgan Stanley ( MS +5.4% ), the big banks are rising strongly today. They were the last of the six big U.S. banks to report. More news on: Goldman Sachs Group Inc., Morgan Stanley, Bank of America Corporation, F… read more...

Big banks on the rise; regionals, not as much

via: SeekingAlpha at 2018-10-16 13:42:34:000

After solid Q3 earnings reports from Goldman Sachs Group ( GS +2.5% ) and Morgan Stanley ( MS +5.4% ), the big banks are rising strongly today. They were the last of the six big U.S. banks to report. More news on: Goldman Sachs Group Inc., Morgan Stanley, Bank of America Corporation, F… read more...

Big banks on the rise; regionals, not as much

via: SeekingAlpha at 2018-10-16 13:42:34:000

After solid Q3 earnings reports from Goldman Sachs Group ( GS +2.5% ) and Morgan Stanley ( MS +5.4% ), the big banks are rising strongly today. They were the last of the six big U.S. banks to report. More news on: Goldman Sachs Group Inc., Morgan Stanley, Bank of America Corporation, F… read more...

Banks kick off Q3 earnings tomorrow--here's a preview

via: SeekingAlpha at 2018-10-11 13:35:19:000

Banks' Q3 earnings season kicks off tomorrow with JPMorgan( JPM -2% ), Citigroup ( C -0.4% ), Wells Fargo ( WFC -0.2% ), and PNC Financial ( PNC -1.7% ) all set to report before the bell. More news on: JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co., Financial stock… read more...

Banks kick off Q3 earnings tomorrow--here's a preview

via: SeekingAlpha at 2018-10-11 13:35:19:000

Banks' Q3 earnings season kicks off tomorrow with JPMorgan( JPM -2% ), Citigroup ( C -0.4% ), Wells Fargo ( WFC -0.2% ), and PNC Financial ( PNC -1.7% ) all set to report before the bell. More news on: JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co., Financial stock… read more...

Banks kick off Q3 earnings tomorrow--here's a preview

via: SeekingAlpha at 2018-10-11 13:35:19:000

Banks' Q3 earnings season kicks off tomorrow with JPMorgan( JPM -2% ), Citigroup ( C -0.4% ), Wells Fargo ( WFC -0.2% ), and PNC Financial ( PNC -1.7% ) all set to report before the bell. More news on: JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co., Financial stock… read more...

Banks kick off Q3 earnings tomorrow--here's a preview

via: SeekingAlpha at 2018-10-11 13:35:19:000

Banks' Q3 earnings season kicks off tomorrow with JPMorgan( JPM -2% ), Citigroup ( C -0.4% ), Wells Fargo ( WFC -0.2% ), and PNC Financial ( PNC -1.7% ) all set to report before the bell. More news on: JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co., Financial stock… read more...

Private-equity leads financials lower; some REITs see buying

via: SeekingAlpha at 2018-10-10 15:12:54:000

The market selloff isn't sparing the financials ( XLF -2.3% ), but there are a couple of pockets of green. More news on: Financial Select Sector SPDR ETF, Omega Healthcare Investors, Inc, Ventas Inc., Top stock market news, Stocks on the move, Financial stocks news, News on ETFs, Rea… read more...

Commercial Banks And The 'New' Modern Corporation

via: SeekingAlpha at 2018-10-08 23:52:57:000

Lately, I have been writing about the "new' Modern Corporation . Almost all of the analysis has been related to non-financial institutions. I hope to correct this going forward. The two major characteristics associated with the new Modern Corporation has been the emphasis up… read more...

Interest Rates And The Financial Sector

via: SeekingAlpha at 2018-10-08 06:49:19:000

The Financial sector is one of the client's overweights and it's lagged the S&P 500 badly all year. Up just 2% YTD, versus the roughly 8% total return for the S&P 500, banks and brokers have been pretty punk, with the yield curve being seen as the biggest culprit, whether that is the… read more...

Fed's Brainard talks about forging a faster payment system

via: SeekingAlpha at 2018-10-03 15:27:22:000

Call it an attempt to help the Fed's interbank payment system catch up with our phone payment apps. More news on: Global X FinTech Thematic ETF, Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Financial stocks news, Tech stocks news, , News on ETFs, Read … read more...

Fed's Brainard talks about forging a faster payment system

via: SeekingAlpha at 2018-10-03 15:27:22:000

Call it an attempt to help the Fed's interbank payment system catch up with our phone payment apps. More news on: Global X FinTech Thematic ETF, Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Financial stocks news, Tech stocks news, , News on ETFs, Read … read more...

Fed's Brainard talks about forging a faster payment system

via: SeekingAlpha at 2018-10-03 15:27:22:000

Call it an attempt to help the Fed's interbank payment system catch up with our phone payment apps. More news on: Global X FinTech Thematic ETF, Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Financial stocks news, Tech stocks news, , News on ETFs, Read … read more...

Second-tier U.S. banks may be ripe to get back into M&A: Wells Fargo report

via: SeekingAlpha at 2018-10-03 11:17:05:000

As the largest banks continue to increase deposit market share through organic customer acquisition, the next tier of banks is pressured to expand markets and increase assets, according to a Wells Fargo Securities report summing up a panel of industry experts held Tuesday. More news on: … read more...

Second-tier U.S. banks may be ripe to get back into M&A: Wells Fargo report

via: SeekingAlpha at 2018-10-03 11:17:05:000

As the largest banks continue to increase deposit market share through organic customer acquisition, the next tier of banks is pressured to expand markets and increase assets, according to a Wells Fargo Securities report summing up a panel of industry experts held Tuesday. More news on: … read more...

Second-tier U.S. banks may be ripe to get back into M&A: Wells Fargo report

via: SeekingAlpha at 2018-10-03 11:17:05:000

As the largest banks continue to increase deposit market share through organic customer acquisition, the next tier of banks is pressured to expand markets and increase assets, according to a Wells Fargo Securities report summing up a panel of industry experts held Tuesday. More news on: … read more...

Stocks climb, U.S. Treasury yields stable; U.S. dollar falls

via: SeekingAlpha at 2018-09-20 11:32:06:000

U.S. stocks rise and 10-year U.S. Treasury yields is stable amid lower-than-expected jobless claims, a better-than-expected Philly Fed business outlook, and and a relatively quiet day so far in the trade skirmish between the U.S. and China. More news on: Financial Select Sector SPDR ETF, M… read more...

Stocks climb, U.S. Treasury yields stable; U.S. dollar falls

via: SeekingAlpha at 2018-09-20 11:32:06:000

U.S. stocks rise and 10-year U.S. Treasury yields is stable amid lower-than-expected jobless claims, a better-than-expected Philly Fed business outlook, and and a relatively quiet day so far in the trade skirmish between the U.S. and China. More news on: Financial Select Sector SPDR ETF, M… read more...

Stocks climb, U.S. Treasury yields stable; U.S. dollar falls

via: SeekingAlpha at 2018-09-20 11:32:06:000

U.S. stocks rise and 10-year U.S. Treasury yields is stable amid lower-than-expected jobless claims, a better-than-expected Philly Fed business outlook, and and a relatively quiet day so far in the trade skirmish between the U.S. and China. More news on: Financial Select Sector SPDR ETF, M… read more...

Financial stocks climb as 10-year yield breaches 3%

via: SeekingAlpha at 2018-09-19 12:55:28:000

Banks and insurance companies advance as the 10-year Treasury note yield approaches 3.1%. More news on: Financial Select Sector SPDR ETF, iShares MSCI Europe Financials Sector Index ETF, Citigroup Inc., Financial stocks news, News on the U.S. economy, Stocks on the move, News on ETFs, … read more...

First Trust declares quarterly distributions

via: SeekingAlpha at 2018-09-14 10:47:42:000

First Trust Consumer Discretionary AlphaDEXFund (NYSEARCA: FXD ) - $0.0712. First Trust Consumer Staples AlphaDEXFund (NYSEARCA: FXG ) - $0.5624. First Trust Energy AlphaDEX Fund (NYSEARCA: FXN ) - $0.0452. First Trust Financials AlphaDEX Fund (NYSEARCA: FXO ) - $0.1325. … read more...

First Trust declares quarterly distributions

via: SeekingAlpha at 2018-09-14 10:47:42:000

First Trust Consumer Discretionary AlphaDEXFund (NYSEARCA: FXD ) - $0.0712. First Trust Consumer Staples AlphaDEXFund (NYSEARCA: FXG ) - $0.5624. First Trust Energy AlphaDEX Fund (NYSEARCA: FXN ) - $0.0452. First Trust Financials AlphaDEX Fund (NYSEARCA: FXO ) - $0.1325. … read more...

First Trust declares quarterly distributions

via: SeekingAlpha at 2018-09-14 10:47:42:000

First Trust Consumer Discretionary AlphaDEXFund (NYSEARCA: FXD ) - $0.0712. First Trust Consumer Staples AlphaDEXFund (NYSEARCA: FXG ) - $0.5624. First Trust Energy AlphaDEX Fund (NYSEARCA: FXN ) - $0.0452. First Trust Financials AlphaDEX Fund (NYSEARCA: FXO ) - $0.1325. … read more...

First Trust declares quarterly distributions

via: SeekingAlpha at 2018-09-14 10:47:42:000

First Trust Consumer Discretionary AlphaDEXFund (NYSEARCA: FXD ) - $0.0712. First Trust Consumer Staples AlphaDEXFund (NYSEARCA: FXG ) - $0.5624. First Trust Energy AlphaDEX Fund (NYSEARCA: FXN ) - $0.0452. First Trust Financials AlphaDEX Fund (NYSEARCA: FXO ) - $0.1325. … read more...

First Trust declares quarterly distributions

via: SeekingAlpha at 2018-09-14 10:47:42:000

First Trust Consumer Discretionary AlphaDEXFund (NYSEARCA: FXD ) - $0.0712. First Trust Consumer Staples AlphaDEXFund (NYSEARCA: FXG ) - $0.5624. First Trust Energy AlphaDEX Fund (NYSEARCA: FXN ) - $0.0452. First Trust Financials AlphaDEX Fund (NYSEARCA: FXO ) - $0.1325. … read more...

5 Reasons Financial Stocks Are Going Higher From Here

via: SeekingAlpha at 2018-09-10 11:04:57:000

Source: Pixabay.com 5 Reasons Financials Are Going Higher From Here Financial Select Sector SPDR Fund ( XLF ) continues to rally off the lows hit in July. In fact, XLF is now 8% above the bottom hit approximately 2 months ago, and this is likely only the beginning. There are several key … read more...

5 Reasons Financial Stocks Are Going Higher From Here

via: SeekingAlpha at 2018-09-10 11:04:57:000

Source: Pixabay.com 5 Reasons Financials Are Going Higher From Here Financial Select Sector SPDR Fund ( XLF ) continues to rally off the lows hit in July. In fact, XLF is now 8% above the bottom hit approximately 2 months ago, and this is likely only the beginning. There are several key … read more...

5 Reasons Financial Stocks Are Going Higher From Here

via: SeekingAlpha at 2018-09-10 11:04:57:000

Source: Pixabay.com 5 Reasons Financials Are Going Higher From Here Financial Select Sector SPDR Fund ( XLF ) continues to rally off the lows hit in July. In fact, XLF is now 8% above the bottom hit approximately 2 months ago, and this is likely only the beginning. There are several key … read more...

Financials - Trading Like It's 1994 (Again)

via: SeekingAlpha at 2018-09-04 01:56:53:000

One of the classic years we saw "P/E compression" was 1994, when Alan Greenspan really caught the Street and the investment community off guard and raised the Fed funds rate 6 times that year, after a surprisingly strong Q4 '93 GDP report resulted in an emergency meeting for the FOMC in the la… read more...

Financials - Trading Like It's 1994 (Again)

via: SeekingAlpha at 2018-09-04 01:56:53:000

One of the classic years we saw "P/E compression" was 1994, when Alan Greenspan really caught the Street and the investment community off guard and raised the Fed funds rate 6 times that year, after a surprisingly strong Q4 '93 GDP report resulted in an emergency meeting for the FOMC in the la… read more...

Financials - Trading Like It's 1994 (Again)

via: SeekingAlpha at 2018-09-04 01:56:53:000

One of the classic years we saw "P/E compression" was 1994, when Alan Greenspan really caught the Street and the investment community off guard and raised the Fed funds rate 6 times that year, after a surprisingly strong Q4 '93 GDP report resulted in an emergency meeting for the FOMC in the la… read more...

If You Find Yourself In The Middle Of The Atlantic Ocean, Which Direction Should You Be Heading To?

via: SeekingAlpha at 2018-08-14 13:40:47:000

On the East side of the Atlantic ocean we find Europe, where the banking system is governed and controlled by the European Central Bank ("ECB"). The ECB moved to negative rates in June 2014 and in-spite of plans to back off its widening monetary policy, remains there for now. On the West s… read more...

If You Find Yourself In The Middle Of The Atlantic Ocean, Which Direction Should You Be Heading To?

via: SeekingAlpha at 2018-08-14 13:40:47:000

On the East side of the Atlantic ocean we find Europe, where the banking system is governed and controlled by the European Central Bank ("ECB"). The ECB moved to negative rates in June 2014 and in-spite of plans to back off its widening monetary policy, remains there for now. On the West s… read more...

If You Find Yourself In The Middle Of The Atlantic Ocean, Which Direction Should You Be Heading To?

via: SeekingAlpha at 2018-08-14 13:40:47:000

On the East side of the Atlantic ocean we find Europe, where the banking system is governed and controlled by the European Central Bank ("ECB"). The ECB moved to negative rates in June 2014 and in-spite of plans to back off its widening monetary policy, remains there for now. On the West s… read more...

Fed Meeting On July 31-August 1, 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-07-30 04:25:12:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Fed Meeting On July 31-August 1, 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-07-30 04:25:12:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Fed Meeting On July 31-August 1, 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-07-30 04:25:12:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Fed Meeting On July 31-August 1, 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-07-30 04:25:12:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Fed Meeting On July 31-August 1, 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-07-30 04:25:12:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Fed Meeting On July 31-August 1, 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-07-30 04:25:12:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Fed Meeting On July 31-August 1, 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-07-30 04:25:12:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

U.S. Financials Poised For A Comeback?

via: SeekingAlpha at 2018-07-27 06:12:09:000

U.S. tax cuts, rising interest rates and a red-hot economy are combining to create a near-perfect growth environment for U.S. banks. Peter Ashton, Vice-President, Trading Central , talks to Kim Parlee about whether this could be the right time to invest in Read more … read more...

U.S. Financials Poised For A Comeback?

via: SeekingAlpha at 2018-07-27 06:12:09:000

U.S. tax cuts, rising interest rates and a red-hot economy are combining to create a near-perfect growth environment for U.S. banks. Peter Ashton, Vice-President, Trading Central , talks to Kim Parlee about whether this could be the right time to invest in Read more … read more...

U.S. Financials Poised For A Comeback?

via: SeekingAlpha at 2018-07-27 06:12:09:000

U.S. tax cuts, rising interest rates and a red-hot economy are combining to create a near-perfect growth environment for U.S. banks. Peter Ashton, Vice-President, Trading Central , talks to Kim Parlee about whether this could be the right time to invest in Read more … read more...

Where To Invest Your Money Today (Part 1 Of 2)

via: SeekingAlpha at 2018-07-24 20:06:43:000

Jordan Roy-Byrne: Hello again everyone, welcome back to the Atlas Investor podcast with Tiho Brkan. This is episode number 18. Tiho, my friend, it's great to speak with you again today. I understand we're going to be doing a two-part podcast. Today will be the first part of that. Please … read more...

Where To Invest Your Money Today (Part 1 Of 2)

via: SeekingAlpha at 2018-07-24 20:06:43:000

Jordan Roy-Byrne: Hello again everyone, welcome back to the Atlas Investor podcast with Tiho Brkan. This is episode number 18. Tiho, my friend, it's great to speak with you again today. I understand we're going to be doing a two-part podcast. Today will be the first part of that. Please … read more...

Chile's Pension Risk Rating Commission Approves Sale of Additional First Trust ETF

via: Business Wire at 2018-07-24 12:05:00:000

First Trust Advisors L.P. (First Trust), a global ETF provider and asset manager, announced that Chilean pension funds investment risk rating commission, La Comisin Clasificadora de Riesgo (CCR), has approved an additional First Trust exchange-traded fund (ETF) for sa… read more...

A Counterintuitive Result On Bank Size And Too Big To Fail

via: SeekingAlpha at 2018-07-23 05:47:09:000

Ten years ago, a series of bank failures rocked the financial and economic worlds. One of the immediate political consequences of those failures was the creation, by the US government, of a Troubled Asset Relief Program (TARP). This almost immediately morphed into a troubled equity relief pr… read more...

A Derivatives View On Q1 That Might Help Explain Q2 (And After)

via: SeekingAlpha at 2018-07-14 08:06:57:000

Morgan Stanley (MS) is bit more complicated as a derivatives dealer than the Big 4. Those other banks hold most of their books at their bank subsidiaries. In this case, the term bank actually means something, the legal distinction of a depository institution. Each of the four banks , JPMorg… read more...

A Derivatives View On Q1 That Might Help Explain Q2 (And After)

via: SeekingAlpha at 2018-07-14 08:06:57:000

Morgan Stanley (MS) is bit more complicated as a derivatives dealer than the Big 4. Those other banks hold most of their books at their bank subsidiaries. In this case, the term bank actually means something, the legal distinction of a depository institution. Each of the four banks , JPMorg… read more...

A Derivatives View On Q1 That Might Help Explain Q2 (And After)

via: SeekingAlpha at 2018-07-14 08:06:57:000

Morgan Stanley (MS) is bit more complicated as a derivatives dealer than the Big 4. Those other banks hold most of their books at their bank subsidiaries. In this case, the term bank actually means something, the legal distinction of a depository institution. Each of the four banks , JPMorg… read more...

A Derivatives View On Q1 That Might Help Explain Q2 (And After)

via: SeekingAlpha at 2018-07-14 08:06:57:000

Morgan Stanley (MS) is bit more complicated as a derivatives dealer than the Big 4. Those other banks hold most of their books at their bank subsidiaries. In this case, the term bank actually means something, the legal distinction of a depository institution. Each of the four banks , JPMorg… read more...

A Derivatives View On Q1 That Might Help Explain Q2 (And After)

via: SeekingAlpha at 2018-07-14 08:06:57:000

Morgan Stanley (MS) is bit more complicated as a derivatives dealer than the Big 4. Those other banks hold most of their books at their bank subsidiaries. In this case, the term bank actually means something, the legal distinction of a depository institution. Each of the four banks , JPMorg… read more...

Markets taking exception to rising rates

via: SeekingAlpha at 2018-07-05 15:45:00:000

The minutes from the FOMC's mid-June meeting show no letup in the plan to continue hiking rates amid an "already very strong" economy. More news on: iShares U.S. Real Estate ETF, Financial Select Sector SPDR ETF, Utilities Select Sector SPDR ETF, News on the U.S. economy, Top stock marke… read more...

Markets taking exception to rising rates

via: SeekingAlpha at 2018-07-05 15:45:00:000

The minutes from the FOMC's mid-June meeting show no letup in the plan to continue hiking rates amid an "already very strong" economy. More news on: iShares U.S. Real Estate ETF, Financial Select Sector SPDR ETF, Utilities Select Sector SPDR ETF, News on the U.S. economy, Top stock marke… read more...

Markets taking exception to rising rates

via: SeekingAlpha at 2018-07-05 15:45:00:000

The minutes from the FOMC's mid-June meeting show no letup in the plan to continue hiking rates amid an "already very strong" economy. More news on: iShares U.S. Real Estate ETF, Financial Select Sector SPDR ETF, Utilities Select Sector SPDR ETF, News on the U.S. economy, Top stock marke… read more...

Treasury Action And Time For The Financial Sector To Rally?

via: SeekingAlpha at 2018-06-26 05:32:01:000

Investing is about assessing probability, and the performance of the Financial sector in the last 5 months ([[XLF]] anyway) has been less than robust and is testing critical technical support. Bernie Schaeffer's "Chart of the Week" (Schaeffer Investment Research out of Cincinnati) featured t… read more...

Treasury Action And Time For The Financial Sector To Rally?

via: SeekingAlpha at 2018-06-26 05:32:01:000

Investing is about assessing probability, and the performance of the Financial sector in the last 5 months ([[XLF]] anyway) has been less than robust and is testing critical technical support. Bernie Schaeffer's "Chart of the Week" (Schaeffer Investment Research out of Cincinnati) featured t… read more...

Treasury Action And Time For The Financial Sector To Rally?

via: SeekingAlpha at 2018-06-26 05:32:01:000

Investing is about assessing probability, and the performance of the Financial sector in the last 5 months ([[XLF]] anyway) has been less than robust and is testing critical technical support. Bernie Schaeffer's "Chart of the Week" (Schaeffer Investment Research out of Cincinnati) featured t… read more...

Dynamics Driving Dividend-Paying Sectors

via: SeekingAlpha at 2018-06-26 02:25:06:000

By Alex Crooke Your browser must support iframes to play this content. Transcript Yes, I think the first few months of the year have been an element of up and down and some uncertainty in markets, and I think particularly around politics here and certainly U.S. politics. I think if … read more...

Dynamics Driving Dividend-Paying Sectors

via: SeekingAlpha at 2018-06-26 02:25:06:000

By Alex Crooke Your browser must support iframes to play this content. Transcript Yes, I think the first few months of the year have been an element of up and down and some uncertainty in markets, and I think particularly around politics here and certainly U.S. politics. I think if … read more...

Dynamics Driving Dividend-Paying Sectors

via: SeekingAlpha at 2018-06-26 02:25:06:000

By Alex Crooke Your browser must support iframes to play this content. Transcript Yes, I think the first few months of the year have been an element of up and down and some uncertainty in markets, and I think particularly around politics here and certainly U.S. politics. I think if … read more...

Estimating Cyber Risk For The Financial Sector

via: SeekingAlpha at 2018-06-22 16:56:17:000

By Christine Lagarde, Managing Director of the International Monetary Fund Cyber risk has emerged as a significant threat to the financial system. An IMF staff modeling exercise estimates that average annual losses to financial institutions from cyber-attacks could reach a few hundred bill… read more...

Estimating Cyber Risk For The Financial Sector

via: SeekingAlpha at 2018-06-22 16:56:17:000

By Christine Lagarde, Managing Director of the International Monetary Fund Cyber risk has emerged as a significant threat to the financial system. An IMF staff modeling exercise estimates that average annual losses to financial institutions from cyber-attacks could reach a few hundred bill… read more...

Estimating Cyber Risk For The Financial Sector

via: SeekingAlpha at 2018-06-22 16:56:17:000

By Christine Lagarde, Managing Director of the International Monetary Fund Cyber risk has emerged as a significant threat to the financial system. An IMF staff modeling exercise estimates that average annual losses to financial institutions from cyber-attacks could reach a few hundred bill… read more...

Estimating Cyber Risk For The Financial Sector

via: SeekingAlpha at 2018-06-22 16:56:17:000

By Christine Lagarde, Managing Director of the International Monetary Fund Cyber risk has emerged as a significant threat to the financial system. An IMF staff modeling exercise estimates that average annual losses to financial institutions from cyber-attacks could reach a few hundred bill… read more...

Upgrade Financial Sector: Bank And Payments Stocks

via: SeekingAlpha at 2018-06-19 02:50:27:000

Higher net interest margins, an improving U.S. economy, and de-regulation are all expected to be tailwinds for the Financial Services sector. Steve Biggar, Director of Financial Institutions Research, Argus Research , talks to Sara D'Elia about why they've raised their outlook, their ear… read more...

Upgrade Financial Sector: Bank And Payments Stocks

via: SeekingAlpha at 2018-06-19 02:50:27:000

Higher net interest margins, an improving U.S. economy, and de-regulation are all expected to be tailwinds for the Financial Services sector. Steve Biggar, Director of Financial Institutions Research, Argus Research , talks to Sara D'Elia about why they've raised their outlook, their ear… read more...

Financials take a beating as trade spat intensifies

via: SeekingAlpha at 2018-06-15 11:22:59:000

Banks continue their downward trajectory as President Trump announces tariffs on $50B of Chinese imports and the markets brace for China to retaliate with its own set of tariffs. More news on: ProShares UltraShort 20+ Year Treasury ETF, The Royal Bank of Scotland Group plc, Barclays PLC, F… read more...

Financials take a beating as trade spat intensifies

via: SeekingAlpha at 2018-06-15 11:22:59:000

Banks continue their downward trajectory as President Trump announces tariffs on $50B of Chinese imports and the markets brace for China to retaliate with its own set of tariffs. More news on: ProShares UltraShort 20+ Year Treasury ETF, The Royal Bank of Scotland Group plc, Barclays PLC, F… read more...

Financials take a beating as trade spat intensifies

via: SeekingAlpha at 2018-06-15 11:22:59:000

Banks continue their downward trajectory as President Trump announces tariffs on $50B of Chinese imports and the markets brace for China to retaliate with its own set of tariffs. More news on: ProShares UltraShort 20+ Year Treasury ETF, The Royal Bank of Scotland Group plc, Barclays PLC, F… read more...

Financials take a beating as trade spat intensifies

via: SeekingAlpha at 2018-06-15 11:22:59:000

Banks continue their downward trajectory as President Trump announces tariffs on $50B of Chinese imports and the markets brace for China to retaliate with its own set of tariffs. More news on: ProShares UltraShort 20+ Year Treasury ETF, The Royal Bank of Scotland Group plc, Barclays PLC, F… read more...

U.S. banks fall as ECB keeps rates unchanged, day after Fed raises

via: SeekingAlpha at 2018-06-14 14:21:06:000

U.S. banks are down today, led by JP Morgan Chase (NYSE: JPM ), -1.6% in afternoon trading, as the ECB keeps interest rates unchanged and trade worries once again loom over the global economy. More news on: JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co., Financial s… read more...

The American Banking System Should Be Modernized, But Narrow Banking Is Not The Right Way

via: SeekingAlpha at 2018-06-11 13:14:17:000

Lawrence Kotlikoff published a useful article at S.A. on June 6, in which he advocated a form of narrow bankinghis version being basically all-equity banking. On the same day, Martin Wolf, Chief Economic Correspondent for the FT, published an article advocating that… read more...

The American Banking System Should Be Modernized, But Narrow Banking Is Not The Right Way

via: SeekingAlpha at 2018-06-11 13:14:17:000

Lawrence Kotlikoff published a useful article at S.A. on June 6, in which he advocated a form of narrow bankinghis version being basically all-equity banking. On the same day, Martin Wolf, Chief Economic Correspondent for the FT, published an article advocating that… read more...

The American Banking System Should Be Modernized, But Narrow Banking Is Not The Right Way

via: SeekingAlpha at 2018-06-11 13:14:17:000

Lawrence Kotlikoff published a useful article at S.A. on June 6, in which he advocated a form of narrow bankinghis version being basically all-equity banking. On the same day, Martin Wolf, Chief Economic Correspondent for the FT, published an article advocating that… read more...

European Banks Spell Trouble For Markets

via: SeekingAlpha at 2018-06-11 06:00:00:000

In 2008 a global financial crisis with roots in the U.S. housing and European sovereign debt markets threatened the world with a deep recession or worse. The Chairman of the U.S. Federal Reserve at that time had done his doctoral thesis on the Great Depression, and Ben Bernanke pulled out all … read more...

European Banks Spell Trouble For Markets

via: SeekingAlpha at 2018-06-11 06:00:00:000

In 2008 a global financial crisis with roots in the U.S. housing and European sovereign debt markets threatened the world with a deep recession or worse. The Chairman of the U.S. Federal Reserve at that time had done his doctoral thesis on the Great Depression, and Ben Bernanke pulled out all … read more...

European Banks Spell Trouble For Markets

via: SeekingAlpha at 2018-06-11 06:00:00:000

In 2008 a global financial crisis with roots in the U.S. housing and European sovereign debt markets threatened the world with a deep recession or worse. The Chairman of the U.S. Federal Reserve at that time had done his doctoral thesis on the Great Depression, and Ben Bernanke pulled out all … read more...

Bartlett Naylor: The Banks Are Becoming Untouchable Again

via: SeekingAlpha at 2018-06-05 06:45:52:000

Regulations? We don't need no stinking regulations! When the dust settled after the Great Financial Crisis, we learned that the big banks had behaved in overtly criminal ways. Yet none of their executives would be held criminally accountable. And while legislation was passed in the after… read more...

Bartlett Naylor: The Banks Are Becoming Untouchable Again

via: SeekingAlpha at 2018-06-05 06:45:52:000

Regulations? We don't need no stinking regulations! When the dust settled after the Great Financial Crisis, we learned that the big banks had behaved in overtly criminal ways. Yet none of their executives would be held criminally accountable. And while legislation was passed in the after… read more...

Bartlett Naylor: The Banks Are Becoming Untouchable Again

via: SeekingAlpha at 2018-06-05 06:45:52:000

Regulations? We don't need no stinking regulations! When the dust settled after the Great Financial Crisis, we learned that the big banks had behaved in overtly criminal ways. Yet none of their executives would be held criminally accountable. And while legislation was passed in the after… read more...

The Italian Job

via: SeekingAlpha at 2018-05-29 19:30:00:000

On Monday evening, following what, just 24 hours ago, still qualified as a "bad" day for Italian assets ("bad" was redefined on Tuesday), former Goldman Chief FX strategist and current Chief Economist at the IIF, Robin Brooks, took to Twitter to weigh in on the situation in Italy. His over… read more...

The Italian Job

via: SeekingAlpha at 2018-05-29 19:30:00:000

On Monday evening, following what, just 24 hours ago, still qualified as a "bad" day for Italian assets ("bad" was redefined on Tuesday), former Goldman Chief FX strategist and current Chief Economist at the IIF, Robin Brooks, took to Twitter to weigh in on the situation in Italy. His over… read more...

The Italian Job

via: SeekingAlpha at 2018-05-29 19:30:00:000

On Monday evening, following what, just 24 hours ago, still qualified as a "bad" day for Italian assets ("bad" was redefined on Tuesday), former Goldman Chief FX strategist and current Chief Economist at the IIF, Robin Brooks, took to Twitter to weigh in on the situation in Italy. His over… read more...

'For New Money Only': Banks Fight For Deposits, But If You Don't Jump Through Hoops, You Get 'Punishment Rates'

via: SeekingAlpha at 2018-05-29 05:10:37:000

HSBC makes it official. The HSBC (HSBC) branch on Montgomery Street in San Francisco caught my attention this weekend with a poster. It showed a large red 2.01% and the phrase, Business Elite Savings Account. An interest rate of 2.01% on a savings account at… read more...

'For New Money Only': Banks Fight For Deposits, But If You Don't Jump Through Hoops, You Get 'Punishment Rates'

via: SeekingAlpha at 2018-05-29 05:10:37:000

HSBC makes it official. The HSBC (HSBC) branch on Montgomery Street in San Francisco caught my attention this weekend with a poster. It showed a large red 2.01% and the phrase, Business Elite Savings Account. An interest rate of 2.01% on a savings account at… read more...

'For New Money Only': Banks Fight For Deposits, But If You Don't Jump Through Hoops, You Get 'Punishment Rates'

via: SeekingAlpha at 2018-05-29 05:10:37:000

HSBC makes it official. The HSBC (HSBC) branch on Montgomery Street in San Francisco caught my attention this weekend with a poster. It showed a large red 2.01% and the phrase, Business Elite Savings Account. An interest rate of 2.01% on a savings account at… read more...

Financial sector the winner today

via: SeekingAlpha at 2018-05-22 13:33:24:000

It's a flat day for the major averages, but the financial sector ( XLF +1.1% ) is making a sizable move the upside. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Goldman Sachs Group Inc., Financial stocks news, Stocks on the move, Top stock market news, New… read more...

Military Preparedness

via: SeekingAlpha at 2018-05-14 11:21:11:000

Today, we revisit the military preparedness question following President Trump's nearly $700 billion military budget to attempt to make our military readiness better. We think the recent weakness in the defense sector stocks provides an interesting entry spot for investors. Indeed, many of t… read more...

Military Preparedness

via: SeekingAlpha at 2018-05-14 11:21:11:000

Today, we revisit the military preparedness question following President Trump's nearly $700 billion military budget to attempt to make our military readiness better. We think the recent weakness in the defense sector stocks provides an interesting entry spot for investors. Indeed, many of t… read more...

Big Banks Earnings Up: Will Stock Prices Follow?

via: SeekingAlpha at 2018-05-13 08:06:13:000

With a positive economic climate and a friendlier tax environment, U.S. banks have performed well. Canadian banks, on the other hand, are contending with concerns over mortgage demand and the uncertain fate of NAFTA. Ben Gossack, Portfolio Manager, TD Asset Management , talks to Kim Parl… read more...

Big Banks Earnings Up: Will Stock Prices Follow?

via: SeekingAlpha at 2018-05-13 08:06:13:000

With a positive economic climate and a friendlier tax environment, U.S. banks have performed well. Canadian banks, on the other hand, are contending with concerns over mortgage demand and the uncertain fate of NAFTA. Ben Gossack, Portfolio Manager, TD Asset Management , talks to Kim Parl… read more...

New Loan Sharks Entering The Credit Card Business

via: SeekingAlpha at 2018-05-10 03:07:25:000

A while back, a writer (whose name and story details I unfortunately don't remember) was researching the credit card business and tried to figure out how card issuers decide which customers to pursue. To this end, he created a series of fake personas, ranging from an affluent straight-arrow wh… read more...

New Loan Sharks Entering The Credit Card Business

via: SeekingAlpha at 2018-05-10 03:07:25:000

A while back, a writer (whose name and story details I unfortunately don't remember) was researching the credit card business and tried to figure out how card issuers decide which customers to pursue. To this end, he created a series of fake personas, ranging from an affluent straight-arrow wh… read more...

How To Play The End In The Bank Rally

via: SeekingAlpha at 2018-05-08 17:59:27:000

How To Play The End In The Bank Rally After the election in November 2016 and for the duration of 2017, financial stocks, both large banks ( XLF ) and regional banks ( KRE ), staged a remarkable rally, gaining over 50% on the ( XLF ) index at the peak. Some individual stocks, such as JPMorga… read more...

How To Play The End In The Bank Rally

via: SeekingAlpha at 2018-05-08 17:59:27:000

How To Play The End In The Bank Rally After the election in November 2016 and for the duration of 2017, financial stocks, both large banks ( XLF ) and regional banks ( KRE ), staged a remarkable rally, gaining over 50% on the ( XLF ) index at the peak. Some individual stocks, such as JPMorga… read more...

May 2018  Fed Meeting: Impact Assessment On Inflation, Markets, And Recession Risk

via: SeekingAlpha at 2018-05-03 11:33:18:000

This article provides a fundamental impact assessment of the decision by the FOMC to leave the Federal Funds Rate [FFR] 1.75% at its last meeting on 1-2 May 2018. Before the May 2018 meeting, I wrote an article on the FOMC meeting and the arguments for and against raising rates and a look at… read more...

May 2018  Fed Meeting: Impact Assessment On Inflation, Markets, And Recession Risk

via: SeekingAlpha at 2018-05-03 11:33:18:000

This article provides a fundamental impact assessment of the decision by the FOMC to leave the Federal Funds Rate [FFR] 1.75% at its last meeting on 1-2 May 2018. Before the May 2018 meeting, I wrote an article on the FOMC meeting and the arguments for and against raising rates and a look at… read more...

Fed Meeting On 1-2 May 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-05-01 08:09:27:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Fed Meeting On 1-2 May 2018: Impact On Investment Markets, Inflation, And Recession Risk

via: SeekingAlpha at 2018-05-01 08:09:27:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Who Said Words Can't Hurt?

via: SeekingAlpha at 2018-04-19 00:21:35:000

What if we told you that just when the Housing Bubble was beginning to unravel over a decade ago and the majority of Wall Street brokerage firms would face insolvency as a result of all the toxic debt they had on their books, there was one firm that had the foresight to not only avoid the bad … read more...

Who Said Words Can't Hurt?

via: SeekingAlpha at 2018-04-19 00:21:35:000

What if we told you that just when the Housing Bubble was beginning to unravel over a decade ago and the majority of Wall Street brokerage firms would face insolvency as a result of all the toxic debt they had on their books, there was one firm that had the foresight to not only avoid the bad … read more...

Bank earnings growth thanks to tax cuts - WSJ

via: SeekingAlpha at 2018-04-18 12:46:50:000

The combined Q1 earnings of Goldman Sachs (NYSE: GS ), JPMorgan (NYSE: JPM ), Bank of America (NYSE: BAC ), Citigroup (NYSE: C ), and Wells Fargo (NYSE: WFC ) were up by more than $2.5B thanks to lower corporate tax rates, according to the WSJ . More news on: Goldman Sachs Group Inc., J… read more...

Bank earnings growth thanks to tax cuts - WSJ

via: SeekingAlpha at 2018-04-18 12:46:50:000

The combined Q1 earnings of Goldman Sachs (NYSE: GS ), JPMorgan (NYSE: JPM ), Bank of America (NYSE: BAC ), Citigroup (NYSE: C ), and Wells Fargo (NYSE: WFC ) were up by more than $2.5B thanks to lower corporate tax rates, according to the WSJ . More news on: Goldman Sachs Group Inc., J… read more...

Financial sector flat after JPM, C, WFC earnings beats

via: SeekingAlpha at 2018-04-13 09:57:03:000

The three all easily topped estimates, but investors are modestly selling the news - all three are barely in the red. PNC Financial also reported today, but wasn't able to finagle an earnings beat. It's down 2.9% . More news on: Financial Select Sector SPDR ETF, SPDR S&P Bank ETF… read more...

Financial sector flat after JPM, C, WFC earnings beats

via: SeekingAlpha at 2018-04-13 09:57:03:000

The three all easily topped estimates, but investors are modestly selling the news - all three are barely in the red. PNC Financial also reported today, but wasn't able to finagle an earnings beat. It's down 2.9% . More news on: Financial Select Sector SPDR ETF, SPDR S&P Bank ETF… read more...

Piper's picks ahead of financial sector earnings

via: SeekingAlpha at 2018-04-10 13:57:57:000

BlackRock kicks the Q1 reporting season off on Thursday, while JPMorgan will be the first bank to post on Friday. More news on: Black Knight, Inc., Global Payments Inc., Mastercard, Inc., Financial stocks news, News on ETFs, Read more … read more...

A Look At The Big U.S. Banks

via: SeekingAlpha at 2018-02-07 16:58:36:000

The purpose of this report is to assess if the big U.S. banks are worth investing in from capital growth and dividend income growth perspective. To answer this question, an assessment of the success to which the banks have enclosed the economy with debt will be used together with an assessme… read more...

A Look At The Big U.S. Banks

via: SeekingAlpha at 2018-02-07 16:58:36:000

The purpose of this report is to assess if the big U.S. banks are worth investing in from capital growth and dividend income growth perspective. To answer this question, an assessment of the success to which the banks have enclosed the economy with debt will be used together with an assessme… read more...

A Look At The Big U.S. Banks

via: SeekingAlpha at 2018-02-07 16:58:36:000

The purpose of this report is to assess if the big U.S. banks are worth investing in from capital growth and dividend income growth perspective. To answer this question, an assessment of the success to which the banks have enclosed the economy with debt will be used together with an assessme… read more...

Jan. 30, 2018, Fed Meeting: An Assessment Of The Decision And Impact On Investment Markets

via: SeekingAlpha at 2018-02-06 09:52:40:000

The FOMC met on Jan. 30-31 and left rates unchanged. In this article, I discussed why that should not raise rates, and it looks like they saw it too. This article will show why the Fed had no reason to raise rates this meeting cycle and indeed at any foreseeable meeting. Also, the impact of … read more...

Banks pick up pace of branch closings

via: SeekingAlpha at 2018-02-05 12:36:55:000

The number of U.S. bank branches fell by more than 1.7K in the 12 months ended June 2017, according to the WSJ . That would be the fastest pace since the numbers began being collected. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Da… read more...

Stress tests look tougher than expected

via: SeekingAlpha at 2018-02-02 07:32:25:000

The Federal Reserve last night released its instructions for this year's CCAR, and anyone expecting the central bank bureaucracy to go with the flow of the Treasury Secretary and president (i.e. back off a bit) will be disappointed. More news on: Bank of America Corporation, Citigroup In… read more...

Stress tests look tougher than expected

via: SeekingAlpha at 2018-02-02 07:32:25:000

The Federal Reserve last night released its instructions for this year's CCAR, and anyone expecting the central bank bureaucracy to go with the flow of the Treasury Secretary and president (i.e. back off a bit) will be disappointed. More news on: Bank of America Corporation, Citigroup In… read more...

Stress tests look tougher than expected

via: SeekingAlpha at 2018-02-02 07:32:25:000

The Federal Reserve last night released its instructions for this year's CCAR, and anyone expecting the central bank bureaucracy to go with the flow of the Treasury Secretary and president (i.e. back off a bit) will be disappointed. More news on: Bank of America Corporation, Citigroup In… read more...

Stress tests look tougher than expected

via: SeekingAlpha at 2018-02-02 07:32:25:000

The Federal Reserve last night released its instructions for this year's CCAR, and anyone expecting the central bank bureaucracy to go with the flow of the Treasury Secretary and president (i.e. back off a bit) will be disappointed. More news on: Bank of America Corporation, Citigroup In… read more...

Absolute Returns Launch: Exclusive Portfolio Management & Trade Ideas

via: SeekingAlpha at 2018-01-26 13:45:00:000

(Editors' Note: This article is meant as an introduction for Absolute Returns , a new Marketplace service by Josh Rudnik). This month, I launched my exclusive research service Absolute Returns, helping to build flexible portfolios for all market environments. I have learned over the… read more...

Absolute Returns Launch: Exclusive Portfolio Management & Trade Ideas

via: SeekingAlpha at 2018-01-26 13:45:00:000

(Editors' Note: This article is meant as an introduction for Absolute Returns , a new Marketplace service by Josh Rudnik). This month, I launched my exclusive research service Absolute Returns, helping to build flexible portfolios for all market environments. I have learned over the… read more...

Absolute Returns Launch: Exclusive Portfolio Management & Trade Ideas

via: SeekingAlpha at 2018-01-26 13:45:00:000

(Editors' Note: This article is meant as an introduction for Absolute Returns , a new Marketplace service by Josh Rudnik). This month, I launched my exclusive research service Absolute Returns, helping to build flexible portfolios for all market environments. I have learned over the… read more...

Absolute Returns Launch: Exclusive Portfolio Management & Trade Ideas

via: SeekingAlpha at 2018-01-26 13:45:00:000

(Editors' Note: This article is meant as an introduction for Absolute Returns , a new Marketplace service by Josh Rudnik). This month, I launched my exclusive research service Absolute Returns, helping to build flexible portfolios for all market environments. I have learned over the… read more...

Absolute Returns Launch: Exclusive Portfolio Management & Trade Ideas

via: SeekingAlpha at 2018-01-26 13:45:00:000

(Editors' Note: This article is meant as an introduction for Absolute Returns , a new Marketplace service by Josh Rudnik). This month, I launched my exclusive research service Absolute Returns, helping to build flexible portfolios for all market environments. I have learned over the… read more...

Fed Meeting On 30 January 2018: Impact On Investment Markets

via: SeekingAlpha at 2018-01-25 17:28:28:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Fed Meeting On 30 January 2018: Impact On Investment Markets

via: SeekingAlpha at 2018-01-25 17:28:28:000

This article will show why the Fed has no reason to raise rates at this next meeting cycle and indeed any foreseeable meeting. Also, the impact of an interest rate rise will be assessed together with a look at how this impacts investment markets. The Fed, a Brief Overview The Fed through i… read more...

Will The Fed Need To Lose Weight On Reserve Balances?

via: SeekingAlpha at 2018-01-25 14:57:34:000

Image source: Schaeffers Investment Research . Investment Thesis The aftermath of the global financial crisis has led the U.S. banking system to adapt to abrupt economic adjustments. This includes the unwinding of the U.S. Feds balance sheet and potential changes in c… read more...

Will The Fed Need To Lose Weight On Reserve Balances?

via: SeekingAlpha at 2018-01-25 14:57:34:000

Image source: Schaeffers Investment Research . Investment Thesis The aftermath of the global financial crisis has led the U.S. banking system to adapt to abrupt economic adjustments. This includes the unwinding of the U.S. Feds balance sheet and potential changes in c… read more...

Video: Bank Valuations And We're All Market Timers?

via: SeekingAlpha at 2018-01-24 13:53:33:000

Hi folks, This is the 13th episode of a series that I have started called "Off the Cuff," where I get in front of the camera and talk for about 10 minutes each episode. It's low-tech, I know - but it's "authen-tech." I like that. I'll do my best to incorporate feedback and questions going fo… read more...

The Case For Financials In 2018

via: SeekingAlpha at 2018-01-21 12:31:22:000

U.S. financials performed strongly in 2017, but still lagged the broader market as well as technology stocks and momentum names. But with the Federal Reserve (Fed) normalizing monetary policy, higher interest rates, and prospects for deregulation, the sector now seems poised for growth. The U…. read more...

This just in: Banks expect to pay a lot less in taxes

via: SeekingAlpha at 2018-01-18 15:29:46:000

Bank stocks have been among the major beneficiaries of the reduced corporate tax rate as a relatively high proportion of bank business takes place in the U.S. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share… read more...

The Commercial Banking System In 2017

via: SeekingAlpha at 2018-01-16 10:07:20:000

The commercial banking system in the United States had a pretty good year in 2017. This performance will become a little clearer as we see the fourth quarter financial reports coming in this week. Commercial banks grew their total assets by 4.4 percent, year-over-year. But, from September 30… read more...

Big day for financials as rates break out

via: SeekingAlpha at 2018-01-10 13:44:30:000

The major average are modestly lower, but the broad financial sector ( XLF +1.2% ) - led by the banks ( KRE +2.4% ), ( KBE +2.4% ) - is sharply higher as the bond bear market gains steam. More news on: Financial Select Sector SPDR ETF, SPDR S&P Regional Banking ETF, SPDR S&P … read more...

Come again? Kashkari calls for doubling in bank capital levels

via: SeekingAlpha at 2018-01-09 11:02:30:000

"We need to double the capital requirement of the biggest dozen banks in America," says former TARP Czar and now Minneapolis Fed President Neel Kashkari. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares E… read more...

House passes bill aimed at SIFI reform

via: SeekingAlpha at 2017-12-20 07:59:10:000

Under current crisis-era law, those financial companies with more than $50B in assets are subject to a heightened standard of regulation and capital requirements. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x S… read more...

Ex-Date Payment Date Record Date Declared Date Amount Flag Dividend Type Qualified Indicated
2017-12-21 2017-12-29 2017-12-22 2017-01-18 0.2233 Dividend income
2017-09-21 2017-09-29 2017-09-22 2017-09-20 0.0836 Dividend income
2017-06-22 2017-06-30 2017-06-26 2017-06-21 0.1112 Dividend income
2017-03-23 2017-03-31 2017-03-27 2017-03-22 0.0895 Dividend income
2016-12-21 2016-12-30 2016-12-23 2016-12-20 0.1453 Dividend income
2016-09-21 2016-09-30 2016-09-23 2016-09-20 0.0911 Dividend income
2016-06-22 2016-06-30 2016-06-24 2016-06-21 0.096 Dividend income
2016-03-23 2016-03-31 2016-03-28 2016-03-22 0.0334 Dividend income
2015-12-23 2015-12-31 2015-12-28 2015-12-22 0.1552 Dividend income
2015-09-23 2015-09-30 2015-09-25 2015-09-22 0.0876 Dividend income
2015-06-24 2015-06-30 2015-06-26 2015-06-23 0.0719 Dividend income
2015-03-25 2015-03-31 2015-03-27 2015-03-24 0.0352 Dividend income
2014-12-23 2014-12-31 2014-12-26 2014-12-22 0.1177 Dividend income
2014-09-23 2014-09-30 2014-09-25 2014-09-22 0.0794 Dividend income
2014-06-24 2014-06-30 2014-06-26 2014-06-23 0.0962 Dividend income
2014-03-25 2014-03-31 2014-03-27 2014-03-24 0.064 Dividend income
2013-12-18 2013-12-31 2013-12-20 2013-12-17 0.0955 Dividend income
2013-09-20 2013-09-30 2013-09-24 2013-09-19 0.0574 Dividend income
2013-06-21 2013-06-28 2013-06-25 2013-06-20 0.0566 Dividend income
2013-03-21 2013-03-28 2013-03-25 2013-03-20 0.0539 Dividend income
Ex-Date Declared Date Record Date Payment Date Ratio To Factor For Factor
Data provided by IEX Cloud