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Big Banks and Netflix Surprise to the Upside: Earnings This Week

Big Banks and Netflix Surprise to the Upside: Earnings This Week

Earnings season started on a strong foot as major banks reported surprising growth in their core businesses. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), Morgan Stanley (MS), U.S. Bancorp (USB) and PNC Financial (PNC) all beat estimates in the last...

Stocks Flirt With Highs Amid Strong Economy and Earnings

Stocks Flirt With Highs Amid Strong Economy and Earnings

Stocks flirted with new highs last week as the economy improved and earnings season got underway. The S&P 500 was little changed in the holiday-shortened period between Friday, April 12, and Thursday, April 18. At one point, the index touched its highest level...

Chart Expert Sees Potential Weakening in S&P 500

Chart Expert Sees Potential Weakening in S&P 500

This post highlights the work of a presenter at TradeStation's upcoming MasterClass learning session. It's intended for educational purposes only and shouldn't be interpreted as a trade recommendation. While the S&P 500 is pushing new highs for the year, one...

Uber IPO in Sight as Banks Line Up

Uber IPO in Sight as Banks Line Up

Uber's initial public offering (IPO), one of the most anticipated deals in history, is drawing near. "Uber hires more IPO underwriters as it prepares to go public," read the Reuters headline last night. The timing is reportedly flexible, with the possibility of...

Banks Come Through: Earnings This Week

Banks Come Through: Earnings This Week

Earnings season began on a strong foot, thanks to financials and a handful of other key stocks. Bank of America (BAC), Goldman Sachs (GS) and Citigroup (C) led the charge. Stronger banking activity was the big driver, also lifting smaller regionals like Comerica (CMA)...