Sep. 14 at 12:40 PM
$CPNG Coupang’s RS Rating climbed to 86, proof the stock has looked strong on paper—though its failed breakout from a “cup-without-handle” base & subsequent 7% drop show how fragile momentum really is. Revenue is up 16% YoY, but profitability remains elusive, keeping the bottom line in the red.
#RKT Friday options flow was unusually high—
$10.86M. 41% higher than the average. A heavy skew toward calls. Rocket Companies bought Redfin, which means collaging real estate traffic with an equally interest-rate-sensitive mortgage business. Mr. Cooper merger comes with the promise of half a billion in “synergies.” BofA upgraded, hiking the target from
$21 to
$24. Forbes thinks it will “go to
$40.” The case is simple: falling rates ignite both purchase & refinance volumes.
