J.P. Morgan's blowout third-quarter gave the financial sector a big boost today. The firm reported a profit of $0.82 a share versus Wall Street's consensus estimate of $0.52. With J.P. Morgan's results setting the tone on the earnings front, should investors expect similar results from the group?    Read More

The quarterly reports for the big banks were terrible across the board, but stocks are up because the psychology and the method of valuing bank stocks have changed, said Richard Bove, financial strategist at Rochdale Securities.    Read More

The level of hesitancy in the market is so palpable you can almost taste it. Volume has dried up from even the last few months tepid pace. It seems that investors are waiting for someone else to jump in and make the first move.    Read More

The 30-year Treasury auction Thursday was met with strong response as the bid-to-cover ratio was a strong 2.68 to 1. The past few auctions were covered 2.21 on average.   Read More