On September 22, Eastern Time, the Nasdaq Composite Index reached a new high, while bank stocks generally came under pressure. Wells Fargo (WFC) fell 3.92%, UBS (UBS) dropped 3.66%, JPMorgan Chase (JPM) declined 3.42%, Bank of America (BAC) fell 3.04%, and Citigroup (C) lost 1.91%.

TradingKeySun, Sep 27

How Wall Street Interprets the Fed Resuming Rate Hikes: Goldman Bets on October Hike, Citi Expects Cut Next June

TradingKey - The Federal Reserve resumed rate hikes after three years, but what truly caught the market off guard was not the 25-basis-point adjustment, but rather the hawkish stance conveyed by Chair Kevin Warsh and the dot plot's repricing of the duration of high interest rates.

TradingKeyThu, Sep 17

Bank of America Stock Breaks Trendline as Q3 Banking Warning Puts $58.90 in Focus

TradingKey - BAC closed at $59.47 after a 5.14% selloff as Q3 investment-banking guidance weakened. Can $58.92 support trigger a rebound?

TradingKeyTue, Sep 15

Baldwin Insurance Stock Nears $30.09 as $32.50 Take-Private Talks Reshape the Setup

TradingKey - BWIN closed near $29.65 as reported $32.50 take-private talks reshape the outlook. Can $30.09 open $31.38-$32.42?

TradingKeyMon, Sep 14

JPMorgan Stock Holds $348 Ahead of Fed Week as Bulls Eye $356

TradingKey - JPM is holding $348.97 trendline support ahead of a Fed-heavy week. Can $356.47 reopen $361.35-$366.54?

TradingKeySun, Sep 13

South Korea Stock Index Forecast: Goldman Sachs Maintains 12,000 Target, Can AI Memory Cycle Push KOSPI to New Highs?

TradingKey - Although the KOSPI Index has pulled back about 27% from its record high in June, and market concerns over the sustainability of AI capital expenditures, high volatility in South Korean stocks, and the semiconductor cycle continue to escalate, Timothy Moe, Chief Asia-Pacific Equity Strategist at Goldman Sachs, has still not lowered his previously issued 12,000-point target.

TradingKeyMon, Sep 7