Hot Option Plays: Banks Have Solid Earnings Midday
Cusick’s Corner 01-16-2013 Midday JPM and GS both beat and the market is firm which gives the Financials firm footing at this stage in the earnings season. It also gives equity bulls some further legs to stand on as well. Now this do not mean that we resume some parabolic rise, there is still risk [...]
Cusick’s Corner 01-16-2013 Midday
JPM and GS both beat and the market is firm which gives the Financials firm footing at this stage in the earnings season. It also gives equity bulls some further legs to stand on as well. Now this do not mean that we resume some parabolic rise, there is still risk to pullbacks, but there has been some risk moved off the table due to poor or mixed earnings, at least at this point. Bank of America (NYSE:BAC) + 1.3% and the potential estimated move going into … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards