Archive: Financial Stocks

Is Another Recession Coming?

Is Another Recession Coming?

Last week, I wrote about QE3 and its potential impact on the market.  If the Fed announces another round of stimulus at this week’s FOMC meeting, stocks could be off to the races. I also mentioned a European bank/government rescue plan as another major catalyst for a stock market rally. Sure enough, right after I […]

Banks

The Hottest Sectors In 2012…

There’s no doubt, the market is off to a great start in 2012.  In fact, the S&P 500 is up by 3.0% so far.  With just another trading day left in January, I’d say things are looking pretty good for the market this year. If you still have some money on the sidelines, you may […]

Carver Federal Savings (CARV)

Hot Penny Stocks: Carver Bancorp (CARV)

Some of the hottest penny  stocks out there can be the ones flying under most investors’ radar screens.  And it can be really interesting to see what’s driving the action in some of these hot stocks. For example, take a look at one of this week’s hot penny stocks… Carver Bancorp (CARV)… CARV is a […]

Don’t Buy Charles Schwab, Buy JMP Group Instead!

Don’t Buy Charles Schwab, Buy JMP Group Instead!

Recently, I had a long conversation with a close friend who used to work at Charles Schwab (SCHW). Today, Schwab is one of the nation’s largest brokerage, banking, and asset management firms.  In fact, they currently hold over $1.4 trillion dollars of client assets. But as the story continued, I shook my head as I […]

Don’t Buy Regions Financial, Buy Advance America Instead!

Don’t Buy Regions Financial, Buy Advance America Instead!

Over the past several years, our economy has really changed.  Unemployment is at all time highs and incomes are down… forcing struggling consumers to borrow more than ever. But because of credit tightening in the financial markets, bank loans have become almost impossible to get.  Easy to get loans have evaporated forever. So how can consumers […]

Run From This Bank!

Run From This Bank!

I always keep a close eye on the real estate market.  It’s a prime indicator of how our economy’s really doing. And last week, we got some disappointing news from Zillow.  Home prices fell 3% in the first quarter, the biggest decline since 2008.  The recession just keeps grinding along. But we repeatedly hear the […]