Recently, I read Key investment trends to watch in October 2024 and "Sarge" indicated that this quarter could be a strong quarter for banks. To potentially profit from betting on$American Express (AXP.US)$'s earnings report, I looked into recent stock price movements of bank stocks. I found that the stock prices of$JPMorgan (JPM.US)$,$Goldman Sachs (GS.US)$, and$Morgan Stanley (MS.US)$all increased after their earnings reports were released. If the same happens with$American Express (AXP.US)$, there m...
1
1
Report
SMN191314
:
So wil up or down during earning report?
With the FED starting to cut rates and more people using buy now pay later in the US at a CAGR above 25% annually until 2030 this bodes well for $AFRM and others like$PayPal (PYPL.US)$ I am building my position into $AFRM as I believe they have a more focused management and better execution on that sector than other publicly listed companies.
The fintech sector rallied yesterday with notable gains, and the momentum looks set to continue as investors embrace innovation in digital finance. Here’s a breakdown of the top movers: 📈$Upstart (UPST.US)$: +14.99% 📈$SoFi Technologies (SOFI.US)$: +11.43% 📈$Nu Holdings (NU.US)$: +7.08% 📈$Affirm Holdings (AFRM.US)$: +4.63% 📈$Block (SQ.US)$: +2.8% Personally, I’m holding SOFI with a cost basis of $6.50, and with yesterday’s surge, it’s exciting to see the upward trend. As SO...
SMN191314 : So wil up or down during earning report?