PayPal officially joins the race, page-49

preopen shows $1.50 i nthe green but could easily change by 9:59:59 am today...

In the long term it may not matter much to APT as PayPal could fizzle out like many big players in the past but one cannot underestimate the impact of this news in the near term for sure... especially on a sector that has run ahead of itself by a long margin... BNPL stocks have the highest amount of fat and hence the most to lose in any major downtrun in the market as a whole or based on an industry specific news like this one...

the temptation to GET OUT right near the top (or 10% of the top of $96) will be pretty high and a small retrace will not surprise... not a big drop on the back of this news for sure but a small retrace is definitely on the cards... interesting day ahead with the XJO Futures showing 1% down, US markets possibly at the top and due for a small retrace themselves and now this news specifically for BNPL - A PEFECT STORM FOR A SMALL CORRECTION !