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112 Albany Street, Cazenovia, NY 13035     (315) 655-2964 Toll Free: 1-800-659-8044

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Day Traders Diary

3/20/23

The major averages are higher after a volatile weekend and premarket trading as investors assess the state of the global banking system after the Swiss government engineered a forced takeover of Credit Suisse by UBS, marking the latest effort by governments around the world to stifle a crisis threatening... Read More

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Diamonds and Dogs

3/20/23

Great deal for NY Community Bancorp (NYCB). The Long Island regional bank is up 39% after FDIC announced they would acquire $38 billion in assets from defunct Signature Bank. In the deal, $25 billion is cash and $13 billion is in loans, some of this at a discount... Read More

3/17/23

At least one diamond as FedEx (FDX) is up 7%, the biggest gainer in the S&P 500, thanks to strong earnings and raised guidance.  The shipping giant also raised its profit forecast due in part to cost cutting for the fiscal year, saying it sees earnings of $13.80 to... Read More

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