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”
Morgan Stanley Investment Banking Hit by Capital Markets Seizing Up
Morgan Stanley reported worse than expected second quarter earnings before the bell Thursday on lower-than-expected revenue from investment banking. $MS released earnings ahead of major competitor Goldman Sachs and four of the largest U.S. lenders Wells Fargo, Citigroup and PNC. 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 Thursday $1.39 Missed $1.57 EPS AND $13.3 … Continue reading “Morgan Stanley Investment Banking Hit by Capital Markets Seizing Up”
Morgan Stanley Advisory Revenue Nearly Doubled Offsetting Weakness in Underwriting
Morgan Stanley reported better than expected first quarter earnings before the bell Thursday on stronger-than-expected advisory revenue and equity income trading up 10%. $MS release follow major competitor Goldman Sachs and four of the largest U.S. lenders Wells Fargo, Citigroup and PNC reporting mixed results. Morgan Stanley’s wealth management division continues to drive of consistent results, Morgan Stanley NYSE: MS Reported Before Open Thursday $2.01 Beat $1.91 EPS AND $14.5 Billion Missed $14.56 Billion Forecast in Revenue MS Q1 2022 … Continue reading “Morgan Stanley Advisory Revenue Nearly Doubled Offsetting Weakness in Underwriting”
Extreme Commodity Prices Volatility Pressures Commodity Trading Houses Bonds
The explosion in commodity prices volatility has seen coal, oil and natural gas prices surge, the Nickel market halted for a week and grains prices hitting record highs. Unintended consequences and contagions flow through in heavily levered and multi-faceted financial markets. In the past week, the yield on Gunvor Group Ltd. bonds due in 2026 rose as high as 16.8%, Trafigura Group bonds due in 2025 rose to almost 10%. Credit default swaps on Louis Dreyfus Co. debt on Friday … Continue reading “Extreme Commodity Prices Volatility Pressures Commodity Trading Houses Bonds”
Wake Up Call – The Day Ahead Jan 19, 2021
Some life in the markets after Earnings beats from Procter & Gamble (PG) UnitedHealth (UNH) Bank of America (BAC) Morgan Stanley (MS) Fastenal (FAST). Oil again supported by geopolitical threatss. The markets wait for a 20 year bond market and more earnings. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates. Enjoy live commentary from Our Trading Room at youtube as … Continue reading “Wake Up Call – The Day Ahead Jan 19, 2021”