Market Snapshot

Takeaway: Despite recent buying activity and strong analyst ratings, Mastercard (MA) faces bearish technical signals and weak momentum.

News Highlights

Recent news affecting the financial sector includes:

• Safe Harbor Financial’s Partnership: Safe Harbor Financial announced a partnership with Bennett Thrasher to enhance cannabis industry financial services. This development could indirectly affect Mastercard’s broader financial infrastructure exposure.
• U.S. Visa Policy Changes: U.S. President Donald Trump’s administration is implementing a policy to revoke visas for some Chinese students. While this doesn’t directly impact Mastercard, it signals broader economic and geopolitical uncertainty, which can affect consumer and…