warns huge both tanking big !
Tiffany and Sandisk is the jet set this is AXP this is you AXP!
Look I dare you (TIF SNDK)
This is due to their WARNING for the NEXT quarter !
This is the Amex cardholder !
This is you !
Look (BBY) I dare you !
ANd to think it was upgraded 2 days by 2 brokers !
Thats what you get for listening to wall st shills and crooks !
But more importantly this is a harbinger of what is going to happen to AMEX !
Will you be snookered out of your gains ?
I bet you will !!
so much for support as Hedge Funds tank the financial junk stocks: JPM, BAC, C, PNC, USB . . . as they run out of reserves to throw into income . . .
The earnings will be great and with the small market initiatives AXP should generate great earnings .Buy them up before earnings .VISA/MA trades for a multiple of 30 where as AXP is close to 15 .We may see this trading above $100 this year ,Valuation is as cheap as it can get.
Sentiment: Strong Buy
Big banks just saw the worst two weeks in many years. There is nothing a bank can say right now that the markets are going to like. They are going to take it one more leg down at which point "they" will reload for 2015.
there hasn't been any good news or data in 2015, in fact, domestic US data has been deteriorating since QE ended in OCT, many downward revisions and layoffs since then, AXP announced layoffs tonight as a matter of fact... the market is never wrong.
you are pumping everywhere tonight huh? Here... the SPY message board... you sound more like a paid shill than an astute trader or reader of tea leaves. I'm so glad you are on the other side of my positions.
Hey Negatvie Nancy-
AXP beat with foreign currency headwinds and a higher corp tax rate. Layoffs can be either good or bad depending why. Market does what market does - agree, which makes it fun...
Criminal Hedge Funds are painting the tape, so you will sell at the open tomorrow, so they can steal your shares.
American Express to cut 4,000 jobs = good for the stock.
Investor Sentiment: strong hold.
at 78.18= strong buy.
Not sure if AMEX actually beat revenue and earnings - Fourth-quarter consolidated total revenues net of interest expense rose to $9.1 billion from $8.5 billion a year ago, up 7 percent (9 percent when adjusted for foreign currency translations2). The revenue increase primarily reflected the previously reported gain of $719 million ($453 million after-tax) on the sale of the company’s investment in Concur Technologies
for the record, I am more bearish on Europe's deflationary trend and consequences than the US, but I am seeing layoffs all over the place instead of more organic job creation now in the US, so maybe things aren't as rosy as the Fed is telling us. If you calculate inflation how we USED to, it's running at more like ~7%... the Fed claims their moves are "data dependent", they changed their "jobless" narrative recently, basically moved the goalposts because they are worried about a housing slowdown now... and the XHB index is in agreement. I believe that growth here is nearly nil since the crash in oil...
Buy the dip $2 down will be a steal for the good results AMEX is coming up with .almost $5.60 in earnings in 2015 . $20 in cash and the PE is less than 15 buy them up for a long hold this will be $120 by year end
Sentiment: Strong Buy