Author: pluginever

  • Bank of America tops estimates on better-than-expected interest income, investment banking

    Bank of America on Tuesday reported first-quarter earnings that topped analysts’ estimates for profit and revenue on better-than-expected interest income and investment banking. Here’s what the company reported: Earnings: 83 cents a share adjusted, vs. 76 cents LSEG estimate Revenue: $25.98 billion, vs. expected $25.46 billion The bank said profit fell 18% to $6.67 billion,…

  • These are the stocks on my watchlist (4/17)

    Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…

  • Long term view of COF vs AXP?

    I know what you’re about to say, “these are two totally different businesses!” And yes, currently they are but with Capital One’s recent announcement of their intent to acquire Discover, I’m beginning to wonder about the long term implications of such a deal. There are many reasons to not, but it is my view that…

  • Morgan Stanley tops expectations on wealth management, trading and advisory results

    Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment banking exceeded expectations. Here’s what the company reported: Earnings: $2.02 a share, vs. $1.66 LSEG estimate Revenue: $15.14 billion, vs. expected $14.41 billion The bank said first quarter profit rose 14% from a year earlier…

  • What’s a good, quick way to check whether investors believe that the stock market is relatively risky?

    I'm young so I have all my money invested in stocks. I'd like to check every so often whether or not the people believe that a crash might happen soon, since a crash would mean I'd have to change my life plans. I'm less looking to time the market, more looking for peace of mind.…

  • Inverse ETFs

    I'd like some criticism on this approach, but I think that, knowing the cyclical nature of the market, buying 3x inverse or simple inverse ETFs during bull runs and averaging down until the inevitable drop and using those gains to average down your other holdings is the way to go. Your average price will keep…

  • Federal Reserve’s restrictive policy needs more time to work, Jerome Powell says

    U.S. stocks on Tuesday wavered somewhat in volatile trade after Federal Reserve chair Jerome Powell noted that recent data showed a lack of further progress on inflation. Meanwhile, Treasury yields extended their climb on a continued bond sell-off. “The labor market remains very strong” as the unemployment rate remains under 4% for the longest period…

  • Jobs report not as good as it seems?

    Full time jobs decreasing: https://fred.stlouisfed.org/series/LNS12500000 Multiple job holders increasing: https://fred.stlouisfed.org/series/LNS12026620 It seems job report data has unemployment under 4%, but it seems most of the new jobs are part time / 2nd jobs. In fact the number of multiple job holders has been increasing, which could be seen as more of a negative than positive.…

  • Ambev SA (ABEV)

    AMBEV is a leading beverage company in Latin America and the Caribbean, primarily focused on the production, distribution, and sale of a diverse portfolio of alcoholic and non-alcoholic beverages. Financial Performance: ABEV has exhibited consistent growth in key financial metrics like net income, total revenue, and operating income over the past few years. The company's…

  • r/Stocks Daily Discussion Wednesday – Apr 17, 2024

    These daily discussions run from Monday to Friday including during our themed posts. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing what it's doing including sudden spikes/dips Reuters aggregated – Global news If you have a…