To The Moon

SummaryJPM continues to command depositors' and market analysts' confidence in deposit stability and forward execution.This sentiment is demonstrated by the "deluge of deposits" flowing into JPM, along with other banks, potentially helping boost its Net Interest Income beyond $73B in FY2023.Combined with Moody's A1 credit rating and JPM's excellent liquidity sources, the bank continues to reign supreme with a lower unrealized loss-to-equity ratio of 5.6%.Investors may consider adding here if it consequently reduces or matches their dollar cost averages. Otherwise, with the rapidly declining sentiments, we may see JPM testing the low $100s again.Iana Miroshnichenko/iStock via Getty ImagesThis Is Why JPM Reigns Supreme In A Panic-Driven MarketUS Banking Stocks Over The Past WeekTrading ViewW

As a swing trader, I am always on the lookout for opportunities to capitalise on the volatility of the stock market. One company that has caught my attention today is $FedEx(FDX)$ FedEx Corporation (FDX), the world leader in express shipping. FDX is set to release its earnings report after the market close today, and I am planning to purchase call options at the strike price of 192.5 expiring next week. In this post, I will discuss my strategy for trading FDX stock and looked at the company's background, competitors, and market performance. Background of FedEx Corporation (FDX) FedEx Corporation was founded in 1971 and is headquartered in Memphis, Tennessee. The company provides a wide range of transportation, e-commerce, and business services thro

Feds announce seizure of $3.36 billion in bitcoin stolen a decade ago from illegal Silk Road marketplace—the second-largest crypto recovery KEY POINTS James Zhong of Gainesville, Georgia, pleaded guilty to wire fraud in the theft of about $3.36 billion in bitcoin stolen from the illegal Silk Road marketplace, which the FBI shut down in 2013. This is the federal government’s second-largest seizure of cryptocurrency, following the $3.6 billion in stolen crypto linked to the 2016 hack of Bitfinex. The U.S. Department of Justice announced Monday that it seized about $3.36 billion in stolen bitcoin during a previously unannounced 2021 raid on the residence of James Zhong. Zhong pleaded guilty Friday to one count of wire fraud, which carries a maximum sentence of 20 years in prison. U.S. authori