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There is a fundamentally sound business here (for now), but the shares have yet to build what we call an IPO base.
The 'organic' economy has to take over at some point, and at that point, at least in theory, demand for credit should accelerate.
These results were in fact excellent when considering the inconsistency of pandemic induced economic shutdowns and several other factors.
How Interesting. On Wednesday, market participants rotated out of the un-rotation that had been in vogue for most of April.
Should you take profits or buy here? This is my thinking on the stellar banking name.
Perhaps the most interesting result of an inflationary but not frightening CPI was visible in U.S. Treasury security markets.
If you're looking for the meme traders, we found them. They're trading cryptocurrencies ahead of the Coinbase direct listing.
Uber has now said that demand for the ride hailing service is recovering faster than driver availability.
As we fast approach the unofficial kickoff of earning season, I think it is key to note that expectations are running extremely high.