The Closing Print live trading and financial blog during market hours.

Morgan Stanley (MS) Reports, Shares Decline – Will They Bounce or Breakout Like BAC, C, JPM, GS?

This week has been good for traders, especially considering BAC, C, JPM and GS bullish price action. Citigroup is working on day 4, while JPM, BAC, and GS are looking for a follow-through today. If banks can respond, the S&P 500 should test overhead resistance again today.

MS misses, reporting Q4 (Dec) earnings of $0.80 per share, $0.09 worse than the S&P Capital IQ Consensus of $0.89; revenues fell 10.0% year/year to $8.55 bln vs the $9.32 bln S&P Capital IQ Consensus. Book value and tangible book value per common share were $42.20 and $36.99, respectively, based on ~1.7 billion shares outstanding. Look for money flow here. (see below)

Morgan Stanley (MS) – Misses Earnings and Revenues

Pivots above and below Wednesday closing prices are laid out for reference. Morgan Stanley (MS) is settling at 42.75 (+/-) in early trading, with the 50d just below. We’ll anticipate a bounce, similar to actin seen in C, JPM, and GS this week.

We’ll act only if price action shows money flowing into the stock at these levels. 41.00 (+/-) is an additional zone just below the 50d, should 42.38/42.54 (+/-) pivot(s) / AOI (s) give way. Don’t assume a bounce will materialize; wait for confirmation.


MS Morgan Stanley daily


We’ll also watch the banks that have reported already for additional day trading candidates.

Join us today for our LIVESTREAM broadcast during market hours, as we trade these new positions. Watch, listen and trade from 9:20 AM to 4:15 PM Monday through Friday.

Happy Trading,


Want to become a member? Check details here:



Disclaimer:  Do your Own Research

Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advise” to enter any particular position or asset.

Investment Warnings

We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.

Live Sessions

Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned. 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. 

As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.

These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.