Net profit drop

MagnusK · 2020-10-20T09:26:00-03:00

JP Morgan and Bank of America (two other big banks) didn't suffer as much as wells fargo. Was there any issues on top of Corona?

@Bastter
em 20/10/2020 09:51

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@MagnusK
em 20/10/2020 10:59

Hi @Bastter,

I get the confusion, I forgot to mentioned that my question was about the Net Income. I ended up here because as far as I know, Wells Fargo is one of the big banks in America.

I could look at the news about my doubt, but like you mentioned many times, 99% of what they talk is about trade opportunities and I don't want that. I just don't want to invest in a company that may have recently done some shady stuff that I'm unaware of.

Now that we are having this conversation. I'm trying to follow the beginners tutorial am I right to look for 4 green dogs and a long term profit chart( 10+ years) going up? If I'm wrong please let me know how I can do better or if I should read the tutorial again (I have the links).

Thanks

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@Huoya
em 20/10/2020 11:13

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@Bastter
em 20/10/2020 11:16

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@Bastter
em 20/10/2020 11:19

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@MagnusK
em 20/10/2020 11:23

@Bastter and @Huoya,

Thank you both for the explanation. I'll read the guide because, like you said, it is just to much to look at and I don't have the whole day nor knowledge

@Bastter, I'll start the manual at lunch. thanks for the link

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