Here is a summary of the interesting events that await us in the week ahead.
Monday:Fed Chairman Powell's speech 🗣️Jerome Powell will speak about the current state of the economy and USmonetary policy . His words may influence markets around the world.
Tuesday: US Retail Sales 🛒 The retail sales report will provide insight into consumer spending... Read more
Netflixy is going to be a pushover. That's where I think it will be most interesting. Subscribers are what often diminish in the summer as people travel and don't watch movies.
Shares of $WFC fell more than 6% after the results. Currently, the bank's stock seems quite undervalued, and this drop creates an even more solid discount. I'm not buying since I already have $BAC in my portfolio , but this is a nice buying opportunity for me.
The whole week will be accompanied by an unpleasant situation on the Middle Eastnamely the attack Iran on Israel and the possibility of further conflict. The White House wants to calm the situation to avoid escalation. This conflict could significantly affect the price of oil.
However, let us look at the key events that will bring... Read more
Washington is caving in to pressure from big banks and rethinking capital buffer rules. Federal Reserve chairman Jerome Powell and Chairman FDIC's Martin Gruenberg expect major changes that could affect the banking sector and investors.
The new proposal would lead to 16% increase in capital levels and 20% The proposal is under... Read more
My favorites and in my portfolio are $BAC and $JPM. Otherwise, since I don't understand the banking sector that much (which is why I represent these two banks, where I think there's nothing to go wrong), I don't think I fully understand the change in the proposal, could you explain it for a moron? 😁 ...like is this supposed to be a change for the banks in the sense of how much capital they have to mandatorily hold just in case the economy struggles and in case more customers want to withdraw their accounts at the same time, so that they have something to draw on? ...
Investors, what do you think of $C stock and its price?
I have $BAC stock in my portfolio and may include $C stock in my portfolio sometime in the future. For me, the price is still nice to buy, but I wouldn't buy until below $50.
Shares of US banks have been rising solidly recently. Shares of $BAC are up about 12% over the past month and shares of $JPM are up about 9%. I've been buying quite a bit of $BAC stock around the $28 price and the current growth and appreciation obviously makes me happy.
Which bank stocks do you have in your portfolio and what is the appreciation on them?
Investors, which company's results surprised you the most this week? Did you buy or sell shares of any companies before or after the results?
I was pleased with the results of $BAC and a little surprised by the results of $ASML. I was still buying $BAC on Monday before the results and buying $ASML on Wednesday after the results at a discount.
We have seen US bank stocks fall quite a bit this year. For example, $BAC stock is down more than 13% this year and $C stock is down more than 9%. However, over the past month, bank stocks have been falling very quickly and noticeably ( see image below ). Otherwise, I have been regularly buying $BAC stock lately as it is currently at a great price and I am still thinking about... Read more
I will definitely be interested in $BAC, $ASML, $UNH and $NFLX.