Tag: Yahoo Finance

3 Bank Stocks to Buy After Earnings

Earnings season is upon us, and as usual, bank stocks led the way. If you couldn't tell by this week's rally in the S&P 500, the market cheered the results. With the recent gains, more upside could be on the way. Today, we'll look at three bank stocks to buy.Seasonality is also aiding the bulls' cause. The fourth quarter has a history of bull runs in equities. And while deteriorating economic data could be the yin to seaonality's yang (thus thwarting a year-end ramp), the charts remain in favor of buyers.Since the trend of bank stocks lacks the firepower or momentum of other sectors like technology, we can use the options market to build positions that profit from their slower-moving nature.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Reasons to Buy Canopy Growth Stock We'll take a closer look at how to do so in three of...

Progressive Chicago Mayor Angers Democratic Force: Teachers

(Bloomberg) -- Striking Chicago teachers on Thursday chanted a blunt challenge to the maverick mayor of the third-largest U.S. city: “Lori Lightfoot, get on the right foot!”This year’s election of Lightfoot, a gay black woman and daughter of a union steel worker, represented a shift -- and perhaps a national bellwether -- for a heavily Democratic constituency that chafed under her centrist predecessor Rahm Emanuel. But like Emanuel before her, Lightfoot is failing to win over a party mainstay, the Chicago Teachers Union. Its 25,000 members walked out Thursday, seeking higher pay, more nurses and housing for homeless students.The conflict threatens to further mire a city with a vast gulf of wealth and race, whose poor, violence-wracked neighborhoods are an object of derision for President Donald Trump. The junk-rated school system has soaring pension costs, years of declining enrollment and was recently saved from insolvency thanks to state aid. And in...