Fidelity MSCI Financials Index (FNCL) 29.00 $FNCL
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)
Increasing Cash Flow: Bought Back The Leveraged Bond/Preferred Stock CEF JTP At $8.18
South Gent - Seeking Alpha - Wed Jan 07, 7:04AM CST
This is an excerpt from a blog published earlier today: Bought 300 JTP at $8.18 and Sold 60 FNCL at $28.75 I will only briefly mention the rationale for selling Fidelity MSCI Financials Index ETF FNCL here. The underlying theme in the two...
JTP: 8.52 (unch), KRE: 40.34 (+0.14), FNCL: 29.00 (unch)
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)
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)
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)
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)
3 Undiscussed Risks That Banks Are Facing Today
ValueWalk - Seeking Alpha - Thu Nov 06, 3:23PM CST
By Michael Ide Three risks to banks’ bottom line that aren’t being discussed has Richard Bove worried that banks could get blindsided again. One of the lessons that we learned from this year’s round of stress tests is that,...
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)
Banks brace for FX settlements
Seeking Alpha - at Seeking Alpha - Fri Oct 31, 9:38AM CDT
FINZ: 21.96 (-0.85), BCS: 15.77 (+0.12), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), FINU: 85.90 (-0.37), C: 51.20 (+0.31), CS: 23.65 (+0.23), DB: 32.29 (+0.70), RBS: 11.97 (+0.01), UBS: 17.19 (+0.21), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), 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)
Fed details 2015 stress test details
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 3:49PM CDT
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), C: 51.20 (+0.31), QABA: 35.79 (+0.05), KRE: 40.34 (+0.14), JPM: 59.67 (+0.10), RKH: 54.67 (-1.50), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), FAS: 125.53 (-0.26), FAZ: 12.36 (unch), XLF: 24.43 (-0.02), RYF: 45.00 (-0.09), BK: 39.20 (-0.21), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), KCE: 50.37 (+0.35), STT: 76.93 (-0.46), VFH: 49.54 (-0.04), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), KBWC: 55.91 (-0.06), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), DB: 32.29 (+0.70), WFC: 55.33 (+0.47), BAC: 16.61 (-0.06), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), MS: 36.78 (-0.12), GS: 189.00 (-0.78), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), IAT: 34.84 (+0.08)
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)
Increasing Cash Flow: Bought Back The Leveraged Bond/Preferred Stock CEF JTP At $8.18
South Gent - Seeking Alpha - Wed Jan 07, 7:04AM CST
This is an excerpt from a blog published earlier today: Bought 300 JTP at $8.18 and Sold 60 FNCL at $28.75 I will only briefly mention the rationale for selling Fidelity MSCI Financials Index ETF FNCL here. The underlying theme in the two...
JTP: 8.52 (unch), KRE: 40.34 (+0.14), FNCL: 29.00 (unch)
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)
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)
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)
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)
3 Undiscussed Risks That Banks Are Facing Today
ValueWalk - Seeking Alpha - Thu Nov 06, 3:23PM CST
By Michael Ide Three risks to banks’ bottom line that aren’t being discussed has Richard Bove worried that banks could get blindsided again. One of the lessons that we learned from this year’s round of stress tests is that,...
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)
Banks brace for FX settlements
Seeking Alpha - at Seeking Alpha - Fri Oct 31, 9:38AM CDT
FINZ: 21.96 (-0.85), BCS: 15.77 (+0.12), UYG: 148.01 (-0.10), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), FINU: 85.90 (-0.37), C: 51.20 (+0.31), CS: 23.65 (+0.23), DB: 32.29 (+0.70), RBS: 11.97 (+0.01), UBS: 17.19 (+0.21), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), 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)
Fed details 2015 stress test details
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 3:49PM CDT
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), C: 51.20 (+0.31), QABA: 35.79 (+0.05), KRE: 40.34 (+0.14), JPM: 59.67 (+0.10), RKH: 54.67 (-1.50), FXO: 23.57 (-0.02), FNCL: 29.00 (unch), FAS: 125.53 (-0.26), FAZ: 12.36 (unch), XLF: 24.43 (-0.02), RYF: 45.00 (-0.09), BK: 39.20 (-0.21), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), KCE: 50.37 (+0.35), STT: 76.93 (-0.46), VFH: 49.54 (-0.04), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), KBWC: 55.91 (-0.06), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), DB: 32.29 (+0.70), WFC: 55.33 (+0.47), BAC: 16.61 (-0.06), IYG: 90.32 (-0.02), IYF: 90.01 (-0.04), MS: 36.78 (-0.12), GS: 189.00 (-0.78), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), IAT: 34.84 (+0.08)
