Earnings coming out soon. We've had such a good run up going into earnings, usually we sell off when they arrive after such a run up.
This stock has always sold off on earnings, but has recovered nicely the past few quarters. It will be interesting to see how much of the reserves are reversed into earnings because of the improved payment patterns.
Well done. Great beat. I'm pretty much at my target price for DFS.I may put a stop in at $20 and ride out whatever happens.I like the look of AXP. I may pick up some shares there.
EPS .84 271 million or .50 coming from decrease in loan loss reserves.