American Express Stock (AXP)

The “reversal” in financials continues: * JPMorgan ($JPM) -$5.30 after being +$6. Wally Deemer confirmed to me a possible downside day if things stay the same * Short Morgan Stanley ($MS) is about even on the day after being +$5 in the early going (added $228.47) * Short Goldman Sachs ($GS) is +$4 after being …

* The market is balancing on a few stilts, hoping nobody notices (the high wire act) * It is Tom Lee's world... This week I sold out the balance of all of my technology (AMZN, META, MSFT, GOOGL) and financial longs (BAC, C, WFC, AXP, MS) on substantial ...

Here are some relevant moves from the sellside: American Express price target lowered to $325 from $375 at JPMorgan JPMorgan analyst Richard Shane lowered the firm's price target on American Express AXP to $325 from $375 and keeps a Neutral rating on the shares. The firm adjusted targets ...

American Express AXP added to Q2 Tactical Ideas List at Wells Fargo Wells Fargo added American Express to the firm's Q2 Tactical Ideas List. The firm sees a Q1 revenue/EPS beat, as the U.S. Platinum refresh drives incremental card spend and new accounts. Wells believes strong affluent ...

Here is a list of some 17 individual (quality) equities that I am currently long that I want to add to on weakness: Financials American Express AXP Morgan Stanley MS Goldman Sachs GS Citigroup C Wells Fargo WFC Bank of America BAC Private Equity Apollo APO ...