Zip – Algo Buy

Zip Co is under Algo Engine buy conditions.

PayPal Holdings said it would acquire Japanese buy now, pay later firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry experiencing a pandemic-led boom. 

iShares S&P/ASX Dividend Opportunities ETF

iShares S&P/ASX Dividend Opportunities is now under Algo Engine buy conditions and has been added to our ETF model portfolio.

The fund aims to provide investors with the performance of the S&P/ASX Dividend Opportunities Accumulation Index, before fees and expenses. The index is designed to measure the performance of 50 ASX listed stocks that offer high dividend yields while meeting diversification, stability and tradability requirements.

US Banks

US bank profits fell 8.3% to $70.4 billion in the second quarter of 2021 as firms slowed their reductions in credit loss provisions, the Federal Deposit Insurance Corporation reported.