The S&P 500 is officially in a bear market -- down by more than 20% from its peak. Since 1950, there have been 11 bear markets in the S&P 500; on average, they've lasted about one year. While no one knows how long any particular bear market will last, at some point, so far, they've all ended, and new bull markets have begun.
Investors need to pay close attention to LendingClub (LC) stock based on the movements in the options market lately.
A variety of factors helped LendingClub (NYSE: LC) have a very successful first quarter. In this video clip from the "Future of Fintech" on Motley Fool Live, recorded on May 19, Fool.com contributor Bram Berkowitz gives his quick thoughts on why he is excited about the lending company. Upstart just got hammered for holding loans because their model is a marketplace, LendingClub is a digital marketplace bank, they got the bank charter, and they actually want to hold loans.