Banking Sector

Banking Sector
One Hot Stock

Silvergate Capital Corporation (SI) – Buy Price: $175.00 or better

Buy Price: $175.00 or better Sell Price: TradersPro Sell Signal Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States and internationally. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings […]

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USB is up more than 16.5% in a month – what does that mean for its value?

Early in my investing career, I put a lot of focus on understanding technical concepts like identifying short-term reversal points as support and resistance, trend formations over time, and how all of that information can be applied against a stock’s current price to recognize signals about a stock’s likely direction across multiple time periods in […]

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Walmart Just Poached Two Goldman Bankers As The Retailer Ventures Into Consumer Banking

Plus, bitcoin is up after Citi said the digital coin could one day “become the currency of choice for international trade,” Boeing is up after United Airlines said it is buying 25 more 737 Max planes, and another space start-up is going public through a SPAC merger.

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The S&P 500 & Nasdaq Hit New All-Time Highs Ahead Of Biden Inauguration

Plus, Netflix shares are up after reporting surpassing 200 million subscribers for the first time, Morgan Stanley delivered an earnings beat, and Procter & Gamble boosted its fiscal 2021 outlook.

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Goldman Sachs Crushed Earnings With Stronger Than Expected Q4 Trading & Investment Banking Results

Plus, Office Depot rejected another takeover offer from Staples, Microsoft is partnering with GM to invest in its Cruise self-driving startup, and Peloton shares are down following a downgrade from UBS.

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The Financial sector is leading the latest market surge – should you buy stocks like USB?

One of the early threads of this new year, aside from commentary and opinion about the political landscape, rising COVID-19 infections (not to mention a new strain that appears to be more infectious than the first) is the way the Financial sector has been among the sectors that have led the market higher. Two weeks […]

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Apple
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JPMorgan Shares Are Down Even After Reporting An Earnings Beat

Plus, Biden unveiled a $1.9 trillion coronavirus stimulus package, the SEC has opened an investigation into Exxon’s valuation of a key Permian Basin asset, and Apple is reportedly gearing up debut two new MacBook Pro models.

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Stocks Fall To Start The Week As The House Prepares To Impeach Trump

Plus, Twitter shares are down after permanently banning Trump, bitcoin is down more than 20%, and Crocs shares are surging higher after raising its outlook for the year.

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Banking Sector
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Moderna Said Its COVID-19 Vaccine Is 94.5% Effective

Plus, the U.S. surpassed 11 coronavirus cases, PNC is acquiring BBVA’s U.S. assets, and Beyond Meat announced two new burger patties.

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Why These 3 Unloved Banking Stocks Are Buys After Earnings

Investors may be down on banking stocks, but one expert says there’s an opportunity with these 3 names in the sector.

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Jobless Claims Unexpectedly Jump As Recovery Loses Steam

Plus, the tussle over a stimulus deal continues, Morgan Stanley delivered an earnings beat, and Fastly shares plummet after delivering downbeat third-quarter guidance.

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Apple
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Goldman Sachs Just Reported A Monster Earnings Beat

Plus, earnings results weren’t so good for Bank of America and Wells Fargo, stimulus is looking evermore unlikely prior to the election, and Apple unveiled its newest iPhones.

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Airlines
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Earnings Season Kicks Of With Better-Than-Expected Results From JPMorgan & Citigroup

Plus, Delta reported a $5.4 billion loss, AMC said it could run out of money by early 2021 as movie theaters continue struggle amid the ongoing coronavirus, and Disney announced a reorganization to focus its media and entertainment business on streaming.

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