4.16.2021

Big bank stocks are 'dirt cheap' after posting earnings, Jim Cramer says - CNBC

"Big bank earnings are out and the results are were positive enough to quell one concern about their valuations, CNBC's Jim Cramer said Thursday."

 

Coinbase Slips With Bitcoin as Stock Seeks to Find a Level - Bloomberg

"Some in the market are struggling to place a value on the biggest U.S. cryptocurrency exchange, which has been unable to sustain its initial strength after rising as high as 429.54 on its first day of trading. Some bullish sentiment is starting to build though, with those analyst that have initiated coverage mostly taking a positive view. An Cathie Wood's funds have snapped up about $352 million worth of shares over two days."

 

Play the Closed-End Fund Game With the Pros - Barron's

"The persistent mispricing of closed-end funds remains a puzzle. While it serves as fodder among academics debating the accepted orthodoxy of efficient financial markets, it also provides opportunities for practical investors more interested in returns."

With Pot Taxes, It's Bad to Get Too High - WSJ

"New York's 13% levy on legal cannabis sales should help it avoid the mistakes of states like California, whose hefty taxes help underground dealers"