Ending on Friday, the third quarter was BRUTAL to say the least. Most major averages are down nearly 14% over the last three months, all while volatility has spiked and remains at a very high level. The S&P 500 saw a beautifully executed head and shoulders pattern in July which sent shares lower and... Read more
Posts Tagged ‘Discover Financial Services’
LAST CALL FOR OPTIMISM: ENTER Q4
October 2 | Posted by Kevin Monaghan | Top Story Tags: Channel Trading, Currency Risk, DFS, Discover Financial Services, Emerging Markets, FDX, Fedex, Head And Shoulders, Interest Rates, Nike, NKE, Range Bound Trading, RMB, S&P500, Stock Charts, Technical Trade, Term Deposit
Life, Property and Casualty Companies Still Good Value
August 5 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: Book Value, Credit Cards, DFS, Discover Card, Discover Financial Services, Hartford, HIG, Life Insurance Companies, Lincoln, LNC, Manulife, MET, MetLife, MFC, PRU, Prudential, SLF, Sun Life, Travelers, TRV, Value Investing, Value StocksDuring the Great Recession we were bullish on credit card companies due to the fact that we expected people would walk away from undervalued homes with their credit cards intact. They did. Credit Card companies, like Discover Financial Services (DFS), fell over 80% during the credit crisis and provided a great buying opportunity... Read more
Credit Cards Shine As Banks Decline – What’s The Play?
May 20 | Posted by Kevin Monaghan | Top Story Tags: AAPL, American Express, Apple, AT&T, AXP, Capital One Financial, COF, DFS, Discover Financial Services, GOOG, Google, MA, MasterCard, PAY, T, V, VeriFone, Verizon, Visa, VZCredit card companies have taken charge lately and have quickly become one of hottest talking points of the financial sector. Visa (V) and Mastercard (MA) have temporarily avoided the wrath of congress and the limitation of interchange fees and are now seeing their stocks move back towards their highs. An interchange fee is... Read more
Elite Inside Trader Weekly Market Recap
March 28 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: AFL, Aflac, American Express, AXP, Baidu, BIDU, BMY, Bristol-Myers Squibb, Capital One, COF, Discover Financial Services, Double Bullish US Dollar Index ETF, Euro, European Debt, Gold, JNJ, Johnson & Johnson, Micron Technology, MU, NG, NovaGold Resources, PFE, Pfizer, PLCN, Portugal, Priceline.com, Research In Motion, RIMM, Silver, SLV, US Dollar, UUPLast week the markets continued to push aside any bad news thrown in its path and continued its triumphant march higher. We saw the volatility index (VIX) spike during the week, before quickly returning to lower levels. With interest rates as low as they are, investors are still being forced to turn to... Read more
Discover Returns 44.5% To Elite Inside Trader Pro Members!
March 23 | Posted by Kevin Monaghan | Top Story Tags: American Express, AXP, Capital One Financial, COF, DFS, Discover Card, Discover Financial ServicesDiscover Financial Services celebrates its one year anniversary as an Elite Inside Trader Value Stock Pick which we added to the portfolio last year at $15.39. We continue to hold shares of Discover Financial Services (DFS) and the shares have returned a staggering 44.57% to its investors, compared to 10.90% for the S&P... Read more
