US inflation cooled in August. The Fed's preferred metric fell to 3.4%, below expectations. Core came in at 3.0%, also a downside surprise. Expectations for an October rate hike are now lower. That matters for the big banks. Seeking Alpha Quant Ratings: $BAC = Strong Buy, on stellar Profitability and solid Growth. $JPM = Hold, with strong momentum but weak Profitability and Valuation. Same rate backdrop, two very different ratings. Which bank are you holding? ▻
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US inflation cooled in August. The Fed's preferred metric fell to 3.4%, below expectations. Core came in at 3.0%, also a downside surprise. Expectations for an October rate hike are now lower. That matters for the big banks. Seeking Alpha Quant Ratings: $BAC =
$BAC$JPM
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$NCPL · $GCDT · $SUNE market result
Here is my September recap 💥 Entry top percentage of move For sure i didn’t hold the full move on all of them, and for sure i got hit with a lot of losses, but i always manage to have a plan, stick to it, minimize losse…
Historical results are not a promise of future performance. Trading involves substantial risk.This public post is a timestamped information archive, not personalized financial advice. Alerts can change as markets move. Join Billy's private group for the complete daily stream and follow-through.