It's A Banker's World. We Are Just Living In It.
If you watch the nightly news or listen to any of the political talk shows you will hear that the major banks in the United States have paid back all the borrowed money from the Troubled Asset Relief Program(TARP) to the U.S. government. The media is now telling the American taxpayer that the government made a good investment and the overall cost was just $50 billion.
U.S. Debt Hits $14 Trillion And Counting
The U.S. government is about to reach it's $14.3 trillion debt ceiling by the early spring of 2011. Yesterday, the White House Council of Economic Advisers Chairman Austan Goolsbee made a strong case that the debt ceiling would have to be raised or the economy in the United States would be catastrophic and worse than anything we seen in 2008.
Large Bank Stocks Hot, Could Small Banks Be Next?
Stocks like Goldman Sachs Group, Inc. (NYSE:GS), Bank of America Corporation (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM) have been ripping higher of late and today is no different. They are all shooting higher by three percent or better on bullish news from Bank of America. While these stocks are too hot to short yet too high to buy, the real key may be in the small regional banks.
Source CRWESelect : WAL, FNB, GRB, - Western Alliance Bancorporation, F.N.B. Corporation and Gerber Scientific Stocks!
Western Alliance Bancorporation (NYSE:WAL) previously reported net income of $2.0 million in the third quarter 2010, including a net loss from sales/valuation of repossessed assets of $4.9 million, a loss on discontinued operations net of tax of $0.6 million, net gains from securities/mark-to-market of $5.3 million and a net gain from sale of Premier Trust of $0.6 million.
MDW, BNX, SHZ, COUV, BOB.V - Stock Report From DrStockPick.com!
- Tickers:
- CASH
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- , currency, banks, cash, acquisitions, profit margin, mergers, credits, financial analysis, amex:shz, AMEX:MDW, Midway Gold, COUV.PK, capital markets, CORPORATE UNIVERSE INC., good stocks, historical prices, operating margin, regulatory processes, reverse takeovers, dividend., BOB.V, CVEOB, FRA:G5D, FSE:G5D, G5D.F, Global Hunter, TSX.VOB, AMEX:BNX, China Shen Zhou Mining
The Consequences Of A Breakup In The Eurozone
One aspect of the problems impacting a number of the Eurozone countries is the fact these issues were not addressed in the formation of the Euro. A recent article in the Telegraph notes, in 1990, Commission economists advised the EMU some of the issues facing the EMU today needed to be addressed before implementation of a single currency. According to the Telegraph,...
- Tickers:
- N/A
- Tags:
- General Market News, eurozone
Eurozone: Living Beyond Its Means And Implications For U.S.
If the U.S. looks at the issues facing a number of the Euro Zone countries, it is not too much of a stretch to say the U.S. could go down that same path. Certainly the U.S. economy is more diversified than those of the coutries that are encountering financing issues. However, much of what is occurring in a number of the Euro Zone countries is a result of countries living far beyond their means.
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- N/A
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- General Market News, eurozone
IMF gives positive report card to Greece
- Tickers:
- IMF
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- , international, Greece, IMF, authorities
TLAB, CRWE.OB, JBLU, BPOP, - Tellabs, Crown Equity Holdings, JetBlue Airways and Popular Stock Report! From CRWESelect.com
- Tickers:
- CRWE
- Tags:
- , banking, banks, popular, mobile internet, Crown Equity Holdings, CRWE, CRWE.OB, otc:crwe, crwenewswire.de, crwenewswire.fr, media advertising services, global communications, NASDAQ:TLAB, Tellabs, NASDAQ:BPOP, NASDAQ:JBLU, IT Department Services, JetBlue Airways, Media Power, crwenewswire.ca, air transportation services, banking institution
Foreclosure Hiatus Revives Credit Crunch
- Tickers:
- N/A
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- , banks, real estate, US economy
EGLE, EGBN, CRWE, EBMT - DrStockPick Reports On Eagle Bulk Shipping, Eagle Bancorp, Crown Equity Holdings and Eagle Bancorp Mont
Crown Equity Holdings Inc. (OTCBB:CRWE) announced recently that it has launched its crwenewswire.fr website to provide news in France's native language. Crown Equity Holdings Inc. had previously launched its German website crwenewswire.de and is launching its Canadian website crwenewswire.ca shortly.
PWRM.OB, KNL, KSS, MSCI, - CRWESelect.com Stock Review! Power3 Medical Products, Knoll Inc., Kohl’s Corp., MSCI Inc.
Power3 Medical Products, Inc. (PWRM.OB) is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig’s disease).
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- , hedge funds, banks, medical, Healthcare, KSS, MSCI, pwrm, otc:pwrm, pwrm.ob, Power3 Medical Products, Dr. Ira L. Goldknopf, Helen R. Park, nuropro, BC-SeraPro, clinical validation, KNL, Knoll Inc., Kohl's Corp., MSCI Inc., NYSE:KNL, NYSE:KSS, NYSE:MSCI, furnishings, brand apparel, asset managers
Potential for a COUNTERTREND Move is increasing
The potential for a COUNTERTREND move in the EURO(FX) and the DOW is increasng. Remember, the trend was initiated on the EURO(FX) SEP 13 AT 1.2876 and on the DOW SEP 03 AT 10447. Obviously the STOCHASTICS are very high at this point and further indicate the potential for such a COUNTERTREND move.
- Tickers:
- DOW
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- Investment Ideas, dow, Stocks, market, euro, banks, trade jones
Japanese Intervention Plan Getting No Support from Central Banks
The USD JPY hit a key 50% price at 80.40 as forecast, triggering some light profit-taking. Although traders anticipate another round of intervention, there has been no notable central bank activity at this time. This could mean that aggressive traders will continue to push the Dollar/Yen lower into the next retracement level at 80.04.
