“The banks are a buy if you think the economy is going to improve,” says pro trader Brian Kelly. And lately all signs point to an improved global economy. Read More
“Universal banks,” particularly Bank of America, Citigroup, and JPMorgan Chase, are facing a “tough long-term future because Dodd-Frank really hits them in the chest,” JMP Securities analyst David Trone told CNBC Monday. Read More
The dollar is getting a lift as worries about Greece and the European Union summit dent risk appetite. Whether it will last is another matter. Read More
Why would Facebook file now? Bottom line: it wants to bake in plenty of extra time so it can start trading by the end of May, before the summer trading lull. Read More