I think it is more accurate to say the financial sector as a whole is in trouble.
Quite possibly, perhaps WF will be the Lehman Bros this time.
I think it is more accurate to say the financial sector as a whole is in trouble.
Wells wasnt the first big bank to suspend HE loans, I believe Chase was.WF discontinuing all home equity loans seemed like a huge red flag to me. Maybe they failed a stress test?
I think it is more accurate to say the financial sector as a whole is in trouble.
Just sold my all my shares in Draft Kings at a 52% profit.I thought this was the Stocks thread?
Just bough Draftkings (DKNG), today was the IPO.
Financial stocks lagging the pack.
An impressive open on very little. The damage has already been done to areas of the economy but we cant see where just yet. Be careful this week with very high volatility. With this open we could have an outside reversal this week (new high followed by a new low or vis versa)
The deal with the Dow is a lot of those companies are staple type companies. Which means during a situation like we’re in they seem to hold their price. If you look at many to companies outside of the Dow Jones 30 they are Way off their prices from the beginning of the year or even beginning of MarchThe dow is where it was 1 year ago now, all before companies start reporting the worst quarter ever. Speechless.
whats going on with them? I've been helping my mom pack up her school stuff.Hotel stocks are CRAZY.
The deal with the Dow is a lot of those companies are staple type companies. Which means during a situation like we’re in they seem to hold their price. If you look at many to companies outside of the Dow Jones 30 they are Way off their prices from the beginning of the year or even beginning of March
whats going on with them? I've been helping my mom pack up her school stuff.
I'm guessing here. With the news of a possible vaccine and the slow openings there are thoughts that they will start getting business. Had a couple that pulled in 16%+ today.
Speaking of which, they (Moderna) just Muppeted some suckers. Lol, raising more money in an offering announced on the back of that rise today.
The NYSE composite hit a high of 14,183. It closed today at 11,402 still just 80% from the high. It's march high was over 13000.Ok Vanguard Total Index fund is now where it was in November. We have erased all but 3 months of gains already.