Archive for the ‘NYSE’ Category

With all the talk on the big banks having money issues, my eyes have been glued to the stock report on these large banks. While we the tax payers have been the ones footing the bills for the large companies, it is truly good when I see a day that the stock prices on these boys go up. It can truly mean that someone is doing something right somewhere. Otherwise, it would have to mean some fool stuck his money into something that he should not have. With that said, I would rather it be the first as opposed to the latter. My business partner, Rich Dansereau wrote an article today entitled Wells Fargo: Exceeding Expectations. I truly believe that this is one of the reason that all 26 of these banks listed reported an increase with the exception of one that shows not activity at all.

I truly hope this is the first of many good things to come for our market.