Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters For a few glorious weeks, Wall Street employees who were
Month: August 2021
Take a look at some of the biggest movers in the premarket: Square (SQ) – The digital payments company agreed to buy Australia’s Afterpay for about $29 billion in stock, representing a roughly 30% premium for Afterpay shareholders. Square shares fell 4.8% in the premarket, but news of the deal boosted shares of U.S.-based payment
Traders are wishing things had turned out differently. ContextLogic (NASDAQ:WISH) looked like a promising stock when it completed its initial public offering at $24 in December. WISH stock quickly rallied to $33 as investors piled into the hot new e-commerce name. Source: sdx15 / Shutterstock.com However, things quickly derailed. By this summer, WISH stock had slumped
There’s a lot of good news out there. But there’s also a lot of unknowns that keep buffeting that optimism. The other X-factor in all this is how the market is going to take any of the new information that gets released. Will an expanding economy be a bullish sign and move the market up?
The Hourly View for SNV At the time of this writing, SNV (Get Ratings)’s price is down $-0.2 (-0.48%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the
A customer shops for groceries at La Tapatia Market during a blackout in Napa, California, on Wednesday, Oct. 9, 2019. David Paul Morris | Bloomberg | Getty Images The electric grid in the West is being tested like never before amid extreme-weather events, including raging wildfires and severe droughts fueled by climate change. Utility companies
In this article ATVI A logo outside the Google Store Chelsea in New York, May 28, 2021. Victor J. Blue | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Alphabet — Shares of the Google parent popped more than 3% on the back of the company’s stellar quarterly earnings. Alphabet
Newegg Commerce (NASDAQ:NEGG) is a California-based online retailer that specializes in computers, electronics, PC and gaming accessories and related products. Newegg has been in business since 2001, but the company only went public this May. In a reverse merger (details here) it became Newegg Commerce. NEGG stock began trading on May 20, and since then it
In a matter of weeks, DiDi Global (NYSE:DIDI) stock has gone from a hot IPO to an undeniable disaster. Soon after its debut on the U.S. stock market at an initial price of $14 per share, the China-based ride-hailing company was hit hard by the Chinese government’s decision to investigate and penalize it. The shares
The Hourly View for PEGA Currently, PEGA (Get Ratings)’s price is up $0.87 (0.68%) from the hour prior. This is the 2nd hour in a row PEGA has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on
On today’s Preston Pysh talks with Alex Gladstein who recently interviewed Jack Dorsey at the 2021 Miami Bitcoin conference. Alex also shares with us the petrodollar system, and El Salvador as the first country to adopt Bitcoin as legal tender. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:04:04 – Learn why Jack Dorsey is
Amazon is one of the most renowned tech companies in the world we want to see if AMZN stock is a buy at its current price. We’ll find this out by using TrendSpider and our fundamental analysis as well as technical analysis. We will review our trade strategies using both common stock and options. ✅14
Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Earnings season is well underway, as a number of mega-cap tech names released their financial results this past week. However, there’s still plenty more to come as several companies have yet
The PayPal app shown on an iPhone Katja Knupper | DeFodi Images | Getty Images Check out the companies making headlines in after the bell. Facebook — Shares of the social media giant fell more than 3% after warning of significant growth slowdown as it reported quarterly earnings. Facebook surpassed analysts’ estimates for earnings and
Navigating the stock market is never easy, particularly in these times. Although the markets are on fire, value investors are still squeamish on which stocks to buy. After all, this economy is dominated by electric-vehicle (EV) plays and SPACs, or special purpose acquisition companies. Understandably, the whole situation can confuse the best trader. That’s why
With Covid-19 vaccination rates slowing around the world, now is not the time to buy biotechnology company Novavax (NASDAQ:NVAX) stock. Source: Ascannio/Shutterstock.com NVAX stock fell 10% between July 20 and July 27 as hope fades that the company will be able to get its Covid-19 vaccine to market in time to capitalize on demand for
The Hourly View for TRQ Currently, TRQ (Get Ratings)’s price is up $0.07 (0.43%) from the hour prior. The hourly chart shows that TRQ has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on
In Best Stock Chart Analysis this week Bob speaks about his short strangle and naked call writing trades for $TSLA , $MSFT , $FB and $TWLO which were all profitable. Bob also discusses his top 5 stocks for this week and does analysis using TrendSpider. ✅Options Strategy “Strangle” Short Strangle (Sell Strangle) ✅Bob’s 5 Most
People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters The Securities and Exchange Commission said Friday it will require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges, following Beijing’s intensified crackdown on oversea share issuance. “In light of the
In this article HLT 9984.T-JP DIDI YUM Hilton Worldwide Holdings Inc. signage is displayed outside one of the company’s hotel locations in San Francisco. David Paul Morris | Bloobmerg | Getty Images Check out the companies making headlines in midday trading. Zoom Video — Shares of the teleconferencing company jumped 4% after KeyBanc upgraded the