Earning Reports: IBKR
Hello everyone! Today i want to share some earning reports with you!
1.
$Interactive Brokers(IBKR)$ announced a 28% dividend increase during its earnings call today.
This is only the second time the company has raised its dividend which it has paid since 2010.
While the raise is exceptional the consistency is a bit disappointing.
2.
On Monday $S&P 500(.SPX)$ formed the dreaded Death Cross for the first time since March 2022.
But don’t worry, apparently it only has a 46% success rate of predicting market losses. Even casinos wouldn’t like these odds🤔
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