Filed under: Earnings Reports, Good news, General Electric (GE), Market Matters, Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC)
Tomorrow is filled with the potential to boost the market upward, or trip it up going into the weekend. Three financial giants are reporting: Bank of America Corporation (BAC), Citigroup, Inc. (C) and General Electric Company (GE). This could set the stage for a continued market rally next week as earnings season has been generally positive and a trend is developing.Expectations are high, following solid quarters reported by State Street (STT) last week that surprised many, and JPMorgan Chase & Company (JPM), who followed up with a big beat this morning.
Sentiment seems to be on the bullish side as tomorrow is also options expiration time and those betting on the banks should be pleased to book some gains.
Continue reading Fearless Friday: BAC, C, and GE Report Earnings
Fearless Friday: BAC, C, and GE Report Earnings originally appeared on BloggingStocks on Thu, 15 Jul 2010 18:00:00 EST. Please see our terms for use of feeds.
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Citigroup - JPMorgan Chase - Bank of America - General Electric - BloggingStocks
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