Banking Sector

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EU Medicines Regulator Says It Found Link Between AstraZeneca COVID-19 Shot & Rare Blood Clots

Plus, UPS is buying 10 electric vertical takeoff and landing aircraft from Beta Technologies, Morgan Stanley sold $5 billion worth of shares owned by Archegos Capital a day before it collapsed, and Fibrogen shares are down 40%.

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Airlines
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Credit Suisse To Take $4.7 Billion Hit From Archegos Scandal

Plus, Starbucks is phasing out disposable cups in South Korea by 2025, United Airlines is opening a pilot training school, and sports trading cards maker Topps is going public via a SPAC merger.

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Banking Sector
Investment Firms
One Hot Stock

Barings BDC, Inc. (BBDC) – Buy Price: $10.50 or better

Buy Price: $10.50 or better Sell Price: TradersPro Sell Signal Barings BDC, Inc. (NYSE: BBDC) is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Barings BDC seeks to invest primarily in senior secured loans to private U.S. middle-market […]

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Credit Suisse & Nomura Shares Drop On Warnings Of “Significant” Hits To Q1 Earnings From Archegos Fallout

Plus, the CDC said Pfizer and Moderna’s COVID-19 vaccines are 80% effective two weeks after the first dose, Boeing shares are up after Southwest announced an order for the manufacturer’s 737 Max jets, and Cazoo is going public through a SPAC merger.

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Banking Sector
Commercial Banking
Commercial Lending
One Hot Stock

Live Oak Bancshares, Inc. (LOB) – Buy Price: $68.00 or better

Buy Price: $68.00 or better Sell Price: TradersPro Sell Signal Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as […]

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Stocks Slip Lower As Fed Announces End To Capital Break It Gave Wall Street Banks Amid The Pandemic

Plus, the U.S. is about to surpass 100 million COVID-19 vaccinations, Tesla’s electric vehicles have been banned on Chinese military complexes on security concerns, and Amazon clinched exclusive streaming rights for the NFL’s Thursday Night Football games.

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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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Airlines
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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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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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