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Car finance company stock correlation analysis suggests car
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Stock correlation analysis suggests car finance company shares are increasingly linked to broader automotive industry cycles, offering traders opportunities to hedge via auto manufacturer equities. If you find yourself struggling to save, start with a complete audit of your income and expenses. Account for every penny, and look for ways you can potentially cut back on your spending. If you can identify anything you can cut back on — such as eating fewer take-out meals or getting rid of streaming services you hardly use — you can redirect those funds toward your savings goals. “Arra is set to advance the subprime auto financing market. We have built a platform tailor-made to meet dealer needs, with near immediate credit application response times and a strong financing pipeline,” said Kenn Wardle, Chief Executive Officer of Arra. “With today’s announcement, we have the funding, reach, technology and analytic capabilities necessary to deliver routinely positive results for our dealers at significant volume. We are thrilled to enter this next phase of growth for our business.” Technical charts indicate one major car finance company broke through key resistance at $31.50, opening potential for a bullish run towards $36.00 if loan approvals continue trending upward.