Morgan Stanley Earnings Hit by Charges, $286m FIDC and $249m SEC Criminal Investigation

Morgan Stanley reported mixed fourth quarter earnings and revenue before the bell Tuesday. Net income came to $1.52 billion, or 85 cents per share, down more than 30% from $2.24 billion, or $1.26 per share, a year ago. Revenue of $12.9 billion topped analysts’ estimates and rose from $12.75 billion a year ago. This is the first earnings report under new CEO Ted Pick. MS was hit by two one-time regulatory charges, a $286 million charge related to a Federal … Continue reading “Morgan Stanley Earnings Hit by Charges, $286m FIDC and $249m SEC Criminal Investigation”

Morgan Stanley Stock Falls 8% to 52 Week Low After Key Earnings Metrics Miss

Morgan Stanley reported better than expected third quarter earnings and revenue before the bell Tuesday. However in comparison to its peers and metrics such as net interest income falling short of forecasts the stock was sold off. The bank’s investment-banking revenue was weaker than forecasts, again an area where it’s competitors had found some recovery in this quarter. Morgan Stanley’s stock was down almost 8% in morning trading, which is on track for its largest one-day percentage drop since June … Continue reading “Morgan Stanley Stock Falls 8% to 52 Week Low After Key Earnings Metrics Miss”

Crude Oil Up 7 Straight Weeks, Why and Where from Here

Oil prices have been on the rise while other risk assets have been on the slide, why is that? We look at the fundamentals and technical analysis behind the rise of WTI and Brent crude oil futures both up seven straight weeks. The longest winning streaks since February last year. The geopolitical and derivative frameworks have much to do with energy prices, how do we trade and invest with that. For August WTI is up 17.8%, Gasoline is up 12.6%, … Continue reading “Crude Oil Up 7 Straight Weeks, Why and Where from Here”

Morgan Stanley Profit Hit by Lower Trading Revenue

Morgan Stanley reported better than expected second quarter earnings before the bell Tuesday despite much lower-than-expected revenue from trading. MS posted a profit of $2.18 billion, or $1.24 a share. That beat the $1.15 a share expected by analysts, according to estimates compiled by FactSet. Revenue increased 2% to about $13.5 billion, beating expectations of $13.02 billion. Shares rose 5% just after the market open despite concerns about the economy and future deals. Morgan Stanley’s trading revenue fell 22% from … Continue reading “Morgan Stanley Profit Hit by Lower Trading Revenue”

Morgan Stanley Wealth Management Revenue Rose 11% While Investment Banking Revenue Fell 24%

Morgan Stanley reported better than expected first quarter earnings before the bell Wednesday despite much lower-than-expected revenue from investment banking. MS posted a profit of $2.98 billion, or $1.70 a share ahead of $1.63 a share estimates. Revenue declined 2% to $14.52 billion in the quarter but beat expectations of $13.97 billion. Shares however fell 3% in premarket trading with concerns about the economy and future deals. Investment banking revenue, including fees from mergers and acquisitions, fell 24% from a … Continue reading “Morgan Stanley Wealth Management Revenue Rose 11% While Investment Banking Revenue Fell 24%”

When Trading Becomes an Addiction

Trading can become an addiction for some people, especially those who are prone to addictive behavior. The rush of adrenaline that comes with making successful trades can be addictive, and the desire to repeat that feeling can drive people to make more and riskier trades. In addition, the feeling of being in control and making independent decisions can be very appealing to some people, and this can also contribute to the addictive nature of trading. The sense of accomplishment that … Continue reading “When Trading Becomes an Addiction”

Morgan Stanley Wealth Management Counterbalance to Investment Banking Fall

Morgan Stanley reported better than expected fourth quarter earnings before the bell Tuesday despite much lower-than-expected revenue from investment banking. MS received record revenues in wealth management business, which includes online trading platform ETrade, were up 6% to more than $6.6bn. MS’s investment-banking group revenues, which now houses Eaton Vance, dropped 17% to $1.5bn but topped analyst estimates of $1.3bn. Morgan Stanley shares, rose 2.92% to $77.00 premarket. The bank set aside $87 million for credit losses, compared with just … Continue reading “Morgan Stanley Wealth Management Counterbalance to Investment Banking Fall”

How Fibonacci Analysis Can Help Improve Your Trading

Fibonacci analysis is a powerful tool that can help traders identify potential support and resistance levels in the market. By studying the relationships between Fibonacci retracements, Fibonacci extensions, and Fibonacci time zones, traders can gain valuable insight into the possible direction of the market. Fibonacci analysis can also be used to identify potential entry and exit points and identify trends in the market. This type of analysis can be used by traders to improve their trading performance and develop a … Continue reading “How Fibonacci Analysis Can Help Improve Your Trading”

Morgan Stanley Investment Banking Drags Down Earnings

Morgan Stanley reported worse than expected third quarter earnings before the bell Friday with much lower-than-expected revenue from investment banking. MS’s investment-banking group did $1.28 billion in revenue in the third quarter, down 55% from a year earlier. Revenue from Morgan Stanley’s trading business rose slightly, with fixed income surging 33%. Interest income in its wealth-management business rose to $2 billion. Morgan Stanley shares, already down 19% this year fell 2.92% to $77.00 premarket. $MS released earnings ahead of major … Continue reading “Morgan Stanley Investment Banking Drags Down Earnings”

Morgan Stanley Earnings in an Accelerating Credit Cycle

Morgan Stanley report third quarter earnings before the bell Friday with lower-than-expected revenue from investment banking likely. $MS release earnings ahead of major competitor Goldman Sachs and four of the largest U.S. lenders JP Morgan, Wells Fargo, Citigroup and PNC. Last quarter Morgan Stanley’s trading segment helped out as fixed-income revenue surged amid heightened volatility and clients repositioning their books as interest rates surged higher across the curve. Morgan Stanley NYSE: MS Reported Before Open Friday $1.52 EPS AND $13.24 … Continue reading “Morgan Stanley Earnings in an Accelerating Credit Cycle”