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Downgrade Aside, Cathie Wood Buys $1.2M Worth Of SoFi Shares
Thursday, July 27, 2023 - 9:43pm | 488On Thursday, Cathie Wood-led Ark Invest made a significant purchase of SoFi Technologies Inc (NASDAQ:SOFI) shares, amidst a volatile market environment for the company. This move comes in the wake of Morgan Stanley’s recent downgrade of SoFi, citing overly optimistic expectations for the...
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Short Interest Sector Focus: Financial Services Sector
Tuesday, June 27, 2023 - 10:44am | 406As of the close of business on Monday, 6/26, we captured the Top 10 Highest Short Interest % stocks within the Financial Services sector. The average short interest for stocks within the Financial Services sector stands at 1.65%. Therefore, the below stocks are showing a more pessimistic outlook...
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Short Interest Sector Focus: Financial Services Sector
Wednesday, June 7, 2023 - 10:26am | 424As of the close of business on Tuesday, 6/6, we captured the Top 10 Highest Short Interest % stocks within the Financial Services sector. The average short interest for stocks within the Financial Services sector stands at 1.64%. Therefore, the below stocks are showing a more pessimistic outlook...
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Reasons To Consider This Out Of Favor Sector's ETFs
Tuesday, April 5, 2016 - 9:15am | 504Two things are abundantly clear about the financial services sector and its corresponding exchange-traded funds this year. First, the sector is the second worst performer in the S&P 500 behind healthcare. Second, the Federal Reserve is catching plenty of flak for the financial services sector...
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REIT ETFs Still Offering Consistent Dividend Growth
Wednesday, January 20, 2016 - 9:20am | 508Real estate investment trusts (REITs) and the corresponding exchange-traded funds faced a trying environment in 2015 as investors anticipated the Federal Reserve's first interest rate increase in nearly a decade, but that did not prevent many investors from searching for yield with REIT ETFs....
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3 Reasons Every Family Office Should Own JP Morgan
Friday, November 29, 2013 - 2:27pm | 706It might seem odd to write positively about a publicly-traded company after it just reached a $13 billion settlement with the federal government, for misdeeds that resulted in a loss for its most recent quarterly earnings. It would seem even stranger that its share price jumps after such news....