Stocks continue to twist and turn, but the banks stock appear to be heading for a world of pain, lots of it!
The stock market sold-off hard to start but managed to see a massive rebound led higher by Facebook and the left for dead FAANG stocks.
The bank stocks are facing a number of headwinds in 2019 and may them the worst performing sector in 2019 – Prediction 9
The week of September 10 is going to be a big week, we give you everything you need to know.
The Monster Stock Market Breakout We Have Been Waiting For Michael Kramer and the clients of Mott Capital own shares of NFLX, ACAD, SWKS, CELG, AND GOOGL MICHAEL KRAMER OWNS XLF PUTS Watch our latest member’s video, get two-weeks free : Netflix Is Not Broken, Plus S&P May Rise To 3,000 Sooner Than You Think … Read more
Netflix Misses Estimates But Growth Story Remains, Plus Banks Rally MICHAEL KRAMER AND CLIENTS OF MOTT CAPITAL OWN SHARES OF NFLX MICHAEL OWNS XLF PUTS Stocks had a back and forth day, with the S&P 500 finishing the day down about 15 bps, nothing major. Despite the down day, we got a little bit of … Read more
Banks Bounce, Apple, Gilead, Amazon, Netflix – The Daily Rundown For July 9 MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF APPLE AND NETFLIX That is the third straight day that the S&P 500 put in a solid gain, finishing up almost 90 bps, and placing the index within 16 points of … Read more
Previewing 5 Stocks Set To Report Earnings For The Week of July 9 MICHAEL KRAMER OWN XLF PUTS Believe it or not, it’s earnings season again, with the banks set to kick it off on Friday, followed by Netflix on Monday, July 16. Citigroup, JP Morgan, and Wells Fargo will all report, and it will … Read more
Banks Fail To Rally Despite Strong Buybacks and Dividend Increases How ’bout them banks? Well, that was fun, wasn’t it? Sorry folks the buybacks are not going to be enough to save them, not as the yield curve continues to flatten, and the 10-2 year spread around 30 bps. We can see the only major … Read more
Banks Bounce But Far From a Victory, Plus Micron Netflix, Amazon, Oil, and the Dollar MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NETFLIX Well, it was bound to happen eventually right? That’s right; the bank stock went up today! Yay! The BKX and XLF were both down more than 6 percent … Read more
The Banks Break With More Downside To Come, Plus Netflix, Amazon, Chips MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NFLX It certainly has become clear what happens to the stock market now when technology, biotech, and discretionary are not involved, and it is not good. If these sectors do not rally soon than … Read more
Banks and Industrial Stocks Continue To Break Down As Outlook Worsens On July 19 I will be one of three panelists talking about the state of the stock market and where it is going at the StockTwits Future Forum. S&P 500 The S&P 500 had a random day and most of the week. We finished … Read more
Amazon, Microsoft, Alphabet, Netflix Heading Higher, as Banks Plunge – The Week of June 18 MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NFLX and googl The Week of June 18 The stock market rally will likely continue the week of June 18. The setup in the charts is still overly bullish for … Read more
4 Stocks and 3 Sectors To Watch For May 22 michael Kramer and the clients of Mott capital own shares of visa It was a solid day for the S&P 500, with the broader index up about 75 bps, closing at 2,733. Meanwhile, Industrials were the clear winners rising by about 1.6 percent, followed by … Read more
8 Stocks To Watch For The Week of May 21 michael kramer and the clients of mott capital own shares of Aapl, googl, and Netflix I have been writing the past few days about the moves in semis, biotech, and the small caps, but I thought today we could focus on the large caps, because … Read more
Banks, Bets, Breakouts, and Blame – Freaky Friday It was another exciting day in the stock market. Nah not really, it was mostly uneventful. Technicals continue to dominate trading, with the S&P 500 testing resistance at 2,672, and testing support at 2,647, at the end of the day, we closed at 2,656. Taking A Look The … Read more
Technology Stocks Are Getting Ready To Go Higher There were a couple of positive developments today. First, the S&P was higher, by 83bps, and closed at 2,663. Next, the close above that pesky resistance level at 2,660 we had been watching. Today also established that 2,672 is now the next resistance area. The last two times … Read more