Financial
Fintechs Like Square Seem to Be a New Hot Spot This Year

Fintechs Like Square Seem to Be a New Hot Spot This Year

As a new year gets underway, a new group is leading the market higher: financial technology, or "Fintech," companies. Stocks like Square (SQ) and PayPal (PYPL) not only stand at the crossroads of the new digital economy. They've also outperformed the S&P 500 and...

Big Banks Announce Strong Results as Earnings Season Begins

Big Banks Announce Strong Results as Earnings Season Begins

Earnings season is off to another strong start, thanks to big banks and financials. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Morgan Stanley (MS) all reported strong quarters. A combination of banking, trading and investment management drove the...

Guess What? The Yield Curve Is Steepening

Guess What? The Yield Curve Is Steepening

The yield curve flattened over the summer as fear swept the market. But now as it goes the other way, sentiment may improve in major banking stocks. The yield curve is the relationship between the two-year and 10-year Treasury notes. People buy 10-year notes when...

Stocks Remain Trapped as Market Waits for More Information

Stocks Remain Trapped as Market Waits for More Information

Stocks failed to break out last week as investors keep worrying about major global events like trade and Brexit. The S&P 500 rose 0.5 percent between Friday, October 11, and Friday, October 18. Still, it hit resistance at the psychologically important 3,000 level...