Wall Street Legend Now Calling Exact Day Next Market Crash Will Start?

Perhaps no one on or off Wall Street has more accurate in calling the market turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the exact month (even the exact day!) the next crash is most likely to start--don't miss this huge and important new call.

Discover Financial Services Shares Are Down Today: What's Going On?

Vaishali Prayag
March 17, 2025

Discover Financial Services Inc. (NYSE:DFS) shares are trading lower Monday as concerns over antitrust scrutiny weighed on the company’s proposed merger with Capital One Financial (NYSE:COF).

What To Know: The drop followed reports the U.S. Department of Justice is reviewing the $35.3 billion all-stock acquisition over potential anti-competitive risks, particularly in the subprime lending sector.

According to Investing.com, Capital Forum reported that DOJ staff may oppose the deal, raising concerns that it could limit competition for subprime borrowers.

A Bloomberg Intelligence analyst noted that while regulatory opposition does not necessarily mean the deal will be blocked, the DOJ's stance could create significant hurdles.

Capital One defended the acquisition, stating the deal complies with the Bank Merger Act's legal requirements and remains well-positioned for approval.

The merger, if completed, would strengthen the companies’ ability to compete against Mastercard, Visa and American Express. However, the heightened regulatory scrutiny has cast uncertainty over its approval, leading to a selloff in both stocks.

DFS Price Action: Discover Financial Services shares closed down 6.86% at $152.99 at publication Monday, according to Benzinga Pro.

Read Next:

  • Fed’s March Meeting Expected To Signal No Hurry On Rate Cuts As Powell ‘Likely To Tread Carefully’

Photo: Shutterstock.

Continue Reading...

Popular

China learned from Trump's first trade war and changed its tactics when tariffs came again

WASHINGTON (AP) — The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to on their countries, but China’s president appears unlikely to make a similar call soon.

Warning: What They Haven't Told You (Yet) About the 2025 Selloffs - Ad

In light of massive recent selloffs... Stansberry Research has issued a new warning for the public. Their latest research shows the real truth about the 2025 tariff selloffs is much bigger -- and much worse -- than the public realizes. They say unless you take the right steps now... You could soon see your wealth cut in half.

Meet the federal worker who went rogue: I hope that it lights a fire under people

NEW YORK (AP) — To billionaire Elon Musk and his cost-cutting team at the Department of Government Efficiency, Karen Ortiz may just be one of many faceless bureaucrats. But to some of her colleagues, she is giving a voice to those who feel they can't speak out.

What should you be doing to "AI-Proof" your retirement? - Ad

AI is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to AI-proof your wealth. He lays out three simple steps to take ASAP in his new video.

Brazilian authorities suspend the airline involved in last year's crash that killed 62

SAO PAULO (AP) — aviation agency on Tuesday suspended the operating license for local airline Voepass, citing security risks as an investigation continues into a that killed all 62 people on board.

Canada Claps Back At 'Unjustified' Trump Tariffs On Dairy, Lumber

Canada's Trade Minister Mary Ng called the potential dairy tariffs "completely unjustified" and emphasized efforts to remove existing tariffs.

Trump's Economic Plan Is Driving a "Golden Anomaly" in Tiny Gold Miners - Ad

Trump's plan to revalue gold and decrease the US debt burden is causing a major dislocation in four small gold miners. Some 30 million ounces of gold have left London for the US. If you want to know why - and why four little-known gold miners are up 136% in just the last 12 months while major gold ETFs have barely moved...

Warren Buffett Rakes In $607 Million While Elon Musk, Jeff Bezos, And Other Top Moneybags Bleed $67 Billion In A Day Amid Market Wipeout

The world's top tech billionaires saw their fortunes plummet on Monday as markets tumbled, with the Magnificent Seven tech giants shedding approximately $780 billion in market capitalization during a single trading session.

Here's Why Reddit's Ad Revenue Growth Is Outpacing Other Social Media Giants

Reddit Inc (NYSE: RDDT) has been identified as the social media platform with the fastest growing ad revenue.

Gold's About to Go Parabolic? (Trump's First Term Sent It Soaring) - Ad

During President Trump's first term, tariffs & rate cuts sent gold soaring 57%. Now, Trump is using the same playbook. Are you expecting different results? Hint: Gold is now surging, and experts predict gold could hit $4,000... even $10,000! Move funds from your IRA & 401(k) into gold--TAX & PENALTY-FREE--while you still can!

What makes Greenland a strategic prize at a time of rising tensions? And why now?

NUUK, Greenland (AP) — When U.S. President Donald Trump first suggested in 2019, people thought it was just a joke. No one is laughing now.

The $240M AI Disruptor - Ad

This Nasdaq-listed company is redefining AI in the $124 billion smart glass market. From cockpit shading systems to energy-efficient building glass, their technology powers global leaders like Boeing, Mercedes-Benz, and National Geographic. Their projected $240M revenue from aerospace positions them as an AI-driven market disruptor you can't ignore.

Here's what tariffs are and how they work

WASHINGTON (AP) — Tariffs are in the news at the moment. Here's what they are and what you need to know about them:

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

Asian shares slip as investors brace for further uncertainty over tariffs, await US jobs report

BANGKOK (AP) — Asian shares were mostly lower on Friday, with Tokyo’s benchmark down more than $2 after a on Wall Street.

Broadcom Shares Jump 13% In After-Hours Trading On Strong AI Results - Gary Black Says, 'This Should Help AI Stocks Tomorrow

Broadcom Inc. shares jumped 12.82% in after-hours trading Thursday after reporting better-than-expected first-quarter results, recovering from a 6.33% drop during regular trading hours amid a broader artificial intelligence chip selloff.

The DOGE Shock: Nine Stocks to Buy - Ad

They say that DOGE's real agenda could shock the entire stock market in the coming days - sending a handful of widely unknown stocks soaring. And they've compiled the definitive investment playbook for anyone who wants the opportunity to capitalize.

Chuck Schumer Blames GOP For 'Partisan Path' As Shutdown Nears - Republicans Say 'Democrats' Fault' If Government Closes

Congressional leaders exchanged sharp criticisms Wednesday as the federal government faces a potential shutdown within days, highlighting the partisan divide over spending priorities and negotiation tactics.

Asana Growth Materially Lags Peers, JP Morgan Cuts Price Forecast

Asana's stock (NYSE: ASAN) fell following price target cuts by Wall Street firms despite beating earnings estimates and reporting strong revenue.

The $20 Trillion Secret of Room 3330 - Ad

Developed by the U.S. military 79 years ago, this controversial technology is about to change American life forever: Elon Musk has already funneled $6 billion to resurrect this covert project -- and the companies involved are minting 10,000 millionaires every week [Goldman Sachs].

Trump Threatens Russia With Sanctions Amid Ukraine Conflict As He Pushes For Peace

President Donald Trump is contemplating imposing extensive sanctions and tariffs on Russia. This move aims to pressure Russia into a peace agreement in the ongoing conflict with Ukraine.

What's Going On With Gap Stock Friday?

Gap stock is trading higher on Friday after the company reported fourth-quarter earnings on Thursday after the market closed.

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Apple Supplier Foxconn Unveils AI Model Using Nvidia Tech

Foxconn built AI model FoxBrain in 4 weeks with reasoning capabilities, aiming to advance manufacturing and supply chain management.

Globetrotting CFA Discovers Top Four Gold Miners With 100X Upside Potential - Ad

Most CFAs sit at a desk... But one unusual CFA went all-in on gold investing 20 years ago... and accidentally positioned himself as the expert's expert for the current bull market. Garrett Goggin's research has led him to the the Top Four miners sitting on potential upside of 100X or more for the current gold mania. He's been offered as much as $100k by Hedge Funds.

South Africa plans to spend more on health and defense after the US cuts aid

JOHANNESBURG (AP) — Lawmakers in South Africa laid out plans to shore up the budgets for health and defense but also put up value added tax by 0.5%, a move that will raise the cost of living as consumers pay more for goods, including food, and services.

Panama president calls Trump's talk of 'reclaiming' the Panama Canal a lie

PANAMA CITY (AP) — Panama President José Raúl Mulino on Wednesday accused U.S. President Donald Trump of lying when he said in his address to Congress that his administration was “reclaiming” the Panama Canal.

Forget Nvidia - This Odd Tariff Play Is Now Going Viral - Ad

As President Trump slaps China with new tariffs, the Fed is boxed in--and gold is skyrocketing just like it did during Trump's first term. JPMorgan just grabbed $4 Billion in gold bars... should you? Discover a "Tariff Assistance Loophole" to move funds from your IRA & 401(k) into gold--tax-free!

Greece says ambitious Mediterranean power cable project is on track despite setbacks

ATHENS, Greece (AP) — The future of an ambitious electricity cable linking the power grids of , and Israel by the end of the decade is on track despite a series of setbacks, Greece’s Foreign Minister Giorgos Gerapetritis said Thursday.

Mineralys Therapeutics Unveils Positive Data From Two Trials For Hypertension Drug Candidate

Mineralys Therapeutics' lorundrostat met key Phase 3 and Phase 2 trial endpoints for hypertension, showing significant blood pressure reductions and a strong safety profile.

Claim the "No.1 Coin of 2025" Before March 24th - Ad

After spotting 44 different coins that have returned over 100%...Chris Rowe is now exposing the details behind the "Superpower Coin"... that's partnered with 19 of the largest companies from some of the world's largest superpower nations... A little-known 3-cent coin that is poised to outperform Bitcoin in 2025... starting on March 24th.

Why United Airlines (UAL) Stock Is Down 15% This Week

United Airlines shares are trading lower by 15% since Monday's open. The stock is down amid rising trade tensions, higher costs and global uncertainty.

Warren Buffett Is The 'GOAT,' Says Lawrence McDonald As Bill Ackman Predicts A Stronger Berkshire After The Oracle Of Omaha Eventually Steps Down

Lawrence McDonald, founder of Bear Traps Report, called Warren Buffett the "GOAT" of asset management on Sunday while noting the legendary investor put "very little capital to work" during the 2020 COVID market drawdown compared to 2022's market stress.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

Asian shares decline despite rebound on Wall St as investors await next steps in trade wars

BANGKOK (AP) — Asian shares were mostly lower on Thursday despite a rebound on Wall Street fueled by an on U.S. consumer prices.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service