The RealMoney contributors are in the business of trading and investing all day on the basis of ongoing news flow. Below, we offer the top five ideas that RealMoney contributors posted today and (if applicable) how they played those ideas.
Apple: All Dressed Up, but No Place to GoBy Alan Farley
7:32 a.m. EDT
Bank EarningsBy Tim Melvin
10:16 a.m. EDT I am watching the bank reports very carefully, and so far I do not like what I am seeing. Almost across the board, banks of all shapes and sizes are reporting that loan losses continue to grow at a somewhat alarming rate. The BB&T (BBT - Get Report) story is a major headline, and while the bank's basic business is doing OK, the credit problems are getting worse. I do like the fact that loan-loss reserves for the quarter were more than charge-offs. I consider under-reserving to be a major red flag.