i'm bullish on the US banking

i'm bullish on the US banking sector

despite facing cost pressures like wage growth, their profitability and market performance have shown strong fundamentals

giants like $JPMorgan Chase(JPM)$ $Bank of America(BAC)$have hit new highs in PB, signaling market confidence in their future growth

potential economic recovery and improving interest rate environment will bring more profit opportunities to the banking industry

Hold or Sell? How to Trade This Earning Season?

After most bank stocks had a rough start, both $Taiwan Semiconductor Manufacturing(TSM)$ and $Netflix(NFLX)$ fell over 5% despite significantly exceeding earnings expectations, mainly due to weak guidance from these companies. Tesla and Meta will release earnings next week.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":294107982540824,"tweetId":"294107982540824","gmtCreate":1712832086908,"gmtModify":1712833348340,"author":{"id":10000000000011480,"idStr":"10000000000011481","authorId":10000000000011480,"authorIdStr":"10000000000011481","name":"Florence Gallup","avatar":"https://static.tigerbbs.com/efcc68c43d8beb98df1558b5d44394d9","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[{"themeId":"baf56a3141f74fc3858c0573d3b1635f","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Hold or Sell? How to Trade This Earning Season?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":baf56a3141f74fc3858c0573d3b1635f}&rnconfig={\"headerBarHidden\": true}","description":"After most bank stocks had a rough start, both $Taiwan Semiconductor Manufacturing(TSM)$ and $Netflix(NFLX)$ fell over 5% despite significantly exceeding earnings expectations, mainly due to weak guidance from these companies.\nTesla and Meta will release earnings next week.","image":"https://community-static.tradeup.com/news/018c2daf63adb78744be19d147515b01"}],"images":[],"coverImages":[],"html":"<html><head></head><body>i'm bullish on the US banking sectordespite facing cost pressures like wage growth, their profitability and market performance have shown strong fundamentalsgiants like <a data-mention-id=\"JPM\" class=\"teditor-mention\" data-mention-name=\"JPMorgan Chase\" href=\"https://ttm.financial/S/JPM\">$JPMorgan Chase(JPM)$</a><v-v data-views=\"1\"></v-v> <a data-mention-id=\"BAC\" class=\"teditor-mention\" data-mention-name=\"Bank of America\" href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$</a><v-v data-views=\"1\"></v-v>have hit new highs in PB, signaling market confidence in their future growthpotential economic recovery and improving interest rate environment will bring more profit opportunities to the banking industry</body></html>","htmlText":"<html><head></head><body>i'm bullish on the US banking sectordespite facing cost pressures like wage growth, their profitability and market performance have shown strong fundamentalsgiants like <a data-mention-id=\"JPM\" class=\"teditor-mention\" data-mention-name=\"JPMorgan Chase\" href=\"https://ttm.financial/S/JPM\">$JPMorgan Chase(JPM)$</a><v-v data-views=\"1\"></v-v> <a data-mention-id=\"BAC\" class=\"teditor-mention\" data-mention-name=\"Bank of America\" href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$</a><v-v data-views=\"1\"></v-v>have hit new highs in PB, signaling market confidence in their future growthpotential economic recovery and improving interest rate environment will bring more profit opportunities to the banking industry</body></html>","text":"i'm bullish on the US banking sector despite facing cost pressures like wage growth, their profitability and market performance have shown strong fundamentals giants like $JPMorgan Chase(JPM)$ $Bank of America(BAC)$have hit new highs in PB, signaling market confidence in their future growth potential economic recovery and improving interest rate environment will bring more profit opportunities to the banking industry","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/294107982540824","repostId":0,"isVote":1,"tweetType":1,"viewCount":79,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["BAC","JPM"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":362,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/294107982540824"}