Shoot Bank Of America Now - The Case For Super Glass-Steagall Is Overwhelming
David Stockman - Seeking Alpha - Thu Feb 12, 9:30AM CST
The mainstream narrative about "recovery" from the financial crisis is a giant con job. And nowhere does the mendacity run deeper than in the "banks are fixed" meme-an insidious cover story that has been concocted by the crony...
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), KME: 55.50 (unch), QABA: 35.79 (+0.05), KRE: 40.34 (+0.14), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), KIE: 67.42 (+0.13), FAS: 125.53 (-0.26), FAZ: 12.36 (unch), XLF: 24.43 (-0.02), RYF: 45.00 (-0.09), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), KCE: 50.37 (+0.35), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), KBWC: 55.91 (-0.06), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), KBWI: 69.42 (unch), IAK: 49.31 (+0.38), KBWR: 39.48 (+0.21), IAI: 42.04 (-0.19), RWW: 49.23 (+0.01), KBWP: 43.40 (+0.01), PFI: 31.48 (-0.15), IAT: 34.84 (+0.08), PSCF: 41.46 (+0.05)
Rate hikes coming? Financials up big after jobs number
Seeking Alpha - at Seeking Alpha - Fri Feb 06, 8:50AM CST
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), RF: 9.52 (-0.02), PRU: 80.33 (+1.63), C: 51.20 (+0.31), QABA: 35.79 (+0.05), KEY: 14.11 (-0.08), KRE: 40.34 (+0.14), JPM: 59.67 (+0.10), FNCL: 29.00 (unch), FXO: 23.57 (-0.02), SNV: 28.12 (-0.02), ETFC: 25.65 (-0.26), KIE: 67.42 (+0.13), PNC: 92.38 (+0.82), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09), ZION: 26.32 (+0.05), BK: 39.20 (-0.21), SCHW: 29.13 (-0.83), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), STT: 76.93 (-0.46), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), MET: 50.86 (+0.53), BAC: 16.61 (-0.06), IYG: 90.32 (-0.02), LNC: 58.44 (+0.38), IYF: 90.01 (-0.04), KBWI: 69.42 (unch), NTRS: 70.08 (-0.51), IAK: 49.31 (+0.38), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), KBWP: 43.40 (+0.01), STI: 41.57 (+0.01), IAT: 34.84 (+0.08), AIG: 53.96 (+1.51), PSCF: 41.46 (+0.05), AMTD: 35.84 (-0.22)
Banks enjoy rare 2015 rally
Seeking Alpha - at Seeking Alpha - Thu Jan 22, 11:35AM CST
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), RF: 9.52 (-0.02), HBAN: 10.69 (-0.02), BBT: 38.28 (-0.04), C: 51.20 (+0.31), QABA: 35.79 (+0.05), MTB: 123.90 (+0.52), FRC: 56.41 (-0.38), KEY: 14.11 (-0.08), KRE: 40.34 (+0.14), FNCL: 29.00 (unch), FXO: 23.57 (-0.02), SNV: 28.12 (-0.02), PNC: 92.38 (+0.82), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), BAC: 16.61 (-0.06), IYG: 90.32 (-0.02), HCBK: 9.92 (+0.03), CYN: 90.32 (+0.49), IYF: 90.01 (-0.04), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), FBC: 14.85 (-0.05), IAT: 34.84 (+0.08), PSCF: 41.46 (+0.05), FHN: 14.45 (+0.17)
It Does Appear Bank-Driven
Joseph Calhoun - at Seeking Alpha - Wed Jan 21, 4:23PM CST
By Jeffrey P. Snider The major categories provided within the TIC estimates are a breakdown between private "flows" and those from official sources, such as foreign government and central bank accounts (as much as is known). In terms of...
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), FINU: 85.90 (-0.37), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RWW: 49.23 (+0.01), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09)
Bank Lending Surges, Another Sign Of Rising Confidence
Calafia Beach Pundit - Seeking Alpha - Wed Jan 21, 1:21AM CST
Confidence is making a comeback, and that's important because this recovery has been the weakest ever and the most risk-averse ever. Since last June, sharply lower oil prices have given a big boost to confidence, as I pointed out last week . Now...
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), FINU: 85.90 (-0.37), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RWW: 49.23 (+0.01), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09)
Banks, Bonds And Deficits
Frances Coppola - Seeking Alpha - Mon Jan 19, 2:03PM CST
Lots of you pointed out that in my last post the monetary effect of government bond purchases was unclear. Indeed, I had rather skated over it and thereby created confusion. I gave the impression that government can always sterilise spending (broad...
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), FINU: 85.90 (-0.37), IYG: 90.32 (-0.02), TLT: 128.19 (-1.33), IYF: 90.01 (-0.04), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RWW: 49.23 (+0.01), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09)
Financial sector continues rough start to the year
Seeking Alpha - at Seeking Alpha - Thu Jan 15, 2:46PM CST
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), KCE: 50.37 (+0.35), VFH: 49.54 (-0.04), KBWC: 55.91 (-0.06), FINU: 85.90 (-0.37), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), KBWI: 69.42 (unch), IAK: 49.31 (+0.38), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), KBWP: 43.40 (+0.01), KIE: 67.42 (+0.13), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09)
Supreme Court ruling deals victory to homeowners at expense of lenders
Seeking Alpha - at Seeking Alpha - Tue Jan 13, 9:39AM CST
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), KME: 55.50 (unch), FINU: 85.90 (-0.37), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RWW: 49.23 (+0.01), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09)
What If Rates Don't Rise? A Cautionary Tale For Bank Investors
Josh Arnold - at Seeking Alpha - Mon Jan 05, 11:28AM CST
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), FINU: 85.90 (-0.37), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RWW: 49.23 (+0.01), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09)
S&P 500 Weekly Earnings Update: Financials My Top Sector Pick For 2015 - Here Is Why
Brian Gilmartin, CFA - at Seeking Alpha - Sun Jan 04, 10:51AM CST
Although Thomson Reuters didn't update their data correctly this week, the "forward 4-quarter" estimate saw its typical quarterly bump this week to $126.80 from last week's $122.85. This isn't an unusual dollar increase in the forward...
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), KME: 55.50 (unch), QABA: 35.79 (+0.05), KRE: 40.34 (+0.14), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), KIE: 67.42 (+0.13), FAS: 125.53 (-0.26), FAZ: 12.36 (unch), XLF: 24.43 (-0.02), RYF: 45.00 (-0.09), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), KCE: 50.37 (+0.35), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), KBWC: 55.91 (-0.06), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), KBWI: 69.42 (unch), IAK: 49.31 (+0.38), KBWR: 39.48 (+0.21), IAI: 42.04 (-0.19), RWW: 49.23 (+0.01), KBWP: 43.40 (+0.01), PFI: 31.48 (-0.15), IAT: 34.84 (+0.08), PSCF: 41.46 (+0.05)
5 Reasons You Should Avoid Bank Stocks Right Now
Jesse Felder - Seeking Alpha - Wed Dec 10, 2:15PM CST
Josh Brown, blogger extraordinaire, wrote a post the other day about the breakout in the financials which argued that investors should overweight them. All due respect to Josh (who I think highly of), here's 5 reasons why I think that's a bad idea,...
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), FINU: 85.90 (-0.37), IPF: 21.09 (+0.28), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RWW: 49.23 (+0.01), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09), IXG: 56.63 (+0.42)
Banks slip as Moynihan warns on trading activity
Seeking Alpha - at Seeking Alpha - Tue Dec 09, 7:52AM CST
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), KCE: 50.37 (+0.35), VFH: 49.54 (-0.04), KBWC: 55.91 (-0.06), FINU: 85.90 (-0.37), C: 51.20 (+0.31), WFC: 55.33 (+0.47), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), MS: 36.78 (-0.12), GS: 189.00 (-0.78), JPM: 59.67 (+0.10), FNCL: 29.00 (unch), FXO: 23.57 (-0.02), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09)
ProShares Ultra Financials Shares Up 19.9% Since SmarTrend's Buy Recommendation (UYG)
Comtex SmarTrend(R) - Mon Dec 08, 5:54PM CST
SmarTrend identified an Uptrend for ProShares Ultra Financials (NYSE:UYG) on October 21st, 2014 at $125.67. In approximately 2 months, ProShares Ultra Financials has returned 19.95% as of today's recent price of $150.74.
UYG: 148.01 (-0.10)
Financial sector leads the way on strong jobs number
Seeking Alpha - at Seeking Alpha - Fri Dec 05, 9:06AM CST
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), RF: 9.52 (-0.02), BBT: 38.28 (-0.04), HBAN: 10.69 (-0.02), PRU: 80.33 (+1.63), BNY: 14.57 (-0.04), C: 51.20 (+0.31), QABA: 35.79 (+0.05), KEY: 14.11 (-0.08), KRE: 40.34 (+0.14), JPM: 59.67 (+0.10), RKH: 54.67 (-1.50), FNCL: 29.00 (unch), FXO: 23.57 (-0.02), ETFC: 25.65 (-0.26), KIE: 67.42 (+0.13), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09), ZION: 26.32 (+0.05), SCHW: 29.13 (-0.83), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), STT: 76.93 (-0.46), VFH: 49.54 (-0.04), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), MET: 50.86 (+0.53), WFC: 55.33 (+0.47), BAC: 16.61 (-0.06), IYG: 90.32 (-0.02), LNC: 58.44 (+0.38), IYF: 90.01 (-0.04), KBWI: 69.42 (unch), NTRS: 70.08 (-0.51), IAK: 49.31 (+0.38), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), KBWP: 43.40 (+0.01), IAT: 34.84 (+0.08), PSCF: 41.46 (+0.05), AMTD: 35.84 (-0.22)
Shares of UYG Up 13.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Dec 01, 11:20AM CST
SmarTrend identified an Uptrend for ProShares Ultra Financials (NYSE:UYG) on October 21st, 2014 at $125.67. In approximately 1 month, ProShares Ultra Financials has returned 13.85% as of today's recent price of $143.08.
UYG: 148.01 (-0.10)
UBS turns bullish on financial sector
Seeking Alpha - at Seeking Alpha - Mon Dec 01, 10:40AM CST
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), TD: 44.57 (+0.14), C: 51.20 (+0.31), QABA: 35.79 (+0.05), KRE: 40.34 (+0.14), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RKH: 54.67 (-1.50), FAS: 125.53 (-0.26), FAZ: 12.36 (unch), XLF: 24.43 (-0.02), RYF: 45.00 (-0.09), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), BAC: 16.61 (-0.06), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), MS: 36.78 (-0.12), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), IAT: 34.84 (+0.08)
UBS: Financials a buy in 2015
Seeking Alpha - at Seeking Alpha - Fri Nov 21, 12:08PM CST
FINZ: 21.96 (-0.85), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), FINU: 85.90 (-0.37), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RWW: 49.23 (+0.01), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09)
11.3% Return Seen to Date on SmarTrend ProShares Ultra Financials Call (UYG)
Comtex SmarTrend(R) - Thu Nov 20, 9:57AM CST
SmarTrend identified an Uptrend for ProShares Ultra Financials (NYSE:UYG) on October 21st, 2014 at $125.67. In approximately 1 month, ProShares Ultra Financials has returned 11.34% as of today's recent price of $139.92.
UYG: 148.01 (-0.10)
Uber And The Coming Disruption Of Finance
Mohamed El-Erian - Seeking Alpha - Thu Nov 13, 11:09AM CST
T his post originally appeared on Bloomberg View . The more I use Uber, the more I am convinced of the transformational power of recent technology innovations, especially when it is intelligently combined with behavioral science and economic...
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), QABA: 35.79 (+0.05), KRE: 40.34 (+0.14), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), RKH: 54.67 (-1.50), KIE: 67.42 (+0.13), FAS: 125.53 (-0.26), FAZ: 12.36 (unch), XLF: 24.43 (-0.02), RYF: 45.00 (-0.09), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), KBWI: 69.42 (unch), IAK: 49.31 (+0.38), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), KBWP: 43.40 (+0.01), IAT: 34.84 (+0.08)