EQUITIES Magazine September Issue Now Available in Digital Format on Website
Richard Suttmeier’s latest blog analyzes earnings from Intel, the most important technology stock, JP Morgan Chase, the most important “too big to fail” bank, and break-out’s for Comex copper and Nymex crude oil.
The post,” Break-Out or Fake-Out”, discusses how the Congressional Oversight Panel warns that “too big to fail” banks are bigger, smaller banks will continue to fail, and troubled assets are more troubled today. Though Intel and JP Morgan beat earnings estimates, and Comex copper and Nymex crude oil remain at the cusp of 200-week moving averages, the year ago banking problems remain banking problems today.
The Fed will recognize that growth remains constrained by ongoing job losses, sluggish income growth, and tight credit. Businesses are still cutting back as evidenced in the rise is of empty office space.
To continue reading this post and to read more of Richard Suttmeier’s Stock Strategies, click here.
About Richard Suttmeier
Richard Suttmeier is the chief market strategist for ValuEngine.com. Richard is an industry leader on the housing market and banking system and writes a newsletter covering The Great Credit Crunch. He produces a List of Problem Banks by name. He produces daily and weekly briefings covering the US Capital markets. Richard Suttmeier’s ValuEngine Four In Four video is available on forextv.com.
About Us
Since 1951, EQUITIES has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
