This stock was also discussed this morning in the Investing Strategy Notes.
With bank earnings this morning, they also reported a large decline in their loan loss provisions which indicates the banks reporting today believe their worse expectations for losses from the pandemic are behind them.
The rest of this trade alert and ideas article is for FullyInformed Members.
Second Trade Alert and Idea for Fri Jan 15 2021
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.