Social media traders on communities such as Reddit’s r/WallStreetBets have had an amazing 2021. All of Wall Street stopped what it was doing to watch the excitement in GameStop (NYSE:GME), BlackBerry (NYSE:BB) and other such meme stocks during their historic January short squeezes. After Robinhood (NASDAQ:HOOD) temporarily suspended trading in GME stock and other meme names, however,
Month: September 2021
The Hourly View for MEOH At the moment, MEOH (Get Ratings)’s price is down $-0.38 (-0.93%) from the hour prior. The hourly chart shows that MEOH has seen 2 straight down hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving
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In this article GSBD David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. The all-stock deal for GreenSky, called the biggest fintech platform for home improvement loans in a release announcing the transaction, is
In this article MRO WYNN SOFI KSU A worker cleans an escalator on Las Vegas Boulevard in Las Vegas, Nevada, U.S., on Tuesday, March 17, 2020. Joe Buglewicz | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Casino stocks were under pressure for a second day Wednesday amid heightened
Something big is going on here. As I’m writing this on Friday, Sept. 10, shares of installment-payment broker Affirm (NASDAQ:AFRM) are up 36% and AFRM stock is the number-one trending ticker on Yahoo Finance. Source: Joaquin Corbalan P / Shutterstock.com This undoubtedly caught many market participants off guard. After all, Affirm isn’t exactly a household name
If e-commerce is now just commerce, then ContextLogic (NASDAQ:WISH) stock is overvalued. Source: sdx15 / Shutterstock.com ContextLogic runs Wish.com. Wish is an online store that looks like China’s Pinduoduo (NASDAQ:PDD). It’s focused on creating impulse buys, on serendipity. It’s the kind of store that, in a shopping mall, you could spend hours in or walk
The Hourly View for SSYS At the time of this writing, SSYS (Get Ratings)’s price is up $0.05 (0.25%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as SSYS has now gone up 4 of the past 5 hours. If you’re a trend trader, consider that the strongest
The Inspiration4 crew in their SpaceX spacesuits, from left: Chris Sembroski, Dr. Sian Proctor, Jared Isaacman, and Hayley Arceneaux John Kraus / Inspiration4 KENNEDY SPACE CENTER, Florida — SpaceX is set to make history as Elon Musk’s space company prepares to launch four civilians to orbit. They will become the first full crew of non-professional astronauts to fly to
Gamers play the video game ‘Star Wars Battlefront II’ developed by DICE, Criterion Games and Motive Studios and published by Electronics Arts on Sony PlayStation game consoles PS4 Pro during the ‘Paris Games Week’ on October 31, 2017 in Paris, France. Chesno Check out the companies making headlines after the bell: Electronic Arts — Shares
Sofi Technologies (NASDAQ:SOFI) has been incredibly volatile over the last few months. In May, SOFI stock bottomed along with most other high-growth stocks. That was as the group’s bear market came to an end. Source: rafapress / Shutterstock.com Soon after, shares erupted, nearly hitting $25 and for a moment climbing more than 75% from the
Equities have surged to lofty valuations in the past year and a half. The S&P 500 index jumped from a low of around 2,200 in March 2020 to more than 4,400 in about 350 trading days, the quickest doubling of the index in stock market history. However, the big rally is likely to come to
SOS Limited (NYSE:SOS), a Chinese stock listed on the NYSE that was a crypto mining company but apparently isn’t anymore, finally reported its half-year numbers. This was done in a 6-K filing with the SEC on Sept. 10. Bottom line: stay away from SOS stock. Source: Mark Agnor / Shutterstock.com The problem is that I
The Hourly View for CTS Currently, CTS (Get Ratings)’s price is up $0.07 (0.23%) from the hour prior. This is the 2nd hour in a row CTS has seen its price head up. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest
Increasing M&A deals and cutting edge therapies are driving biotech ETFs higher. IShares Nasdaq Biotechnology ETF: https://www.zacks.com/funds/etf/IBB/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P Biotech ETF: https://www.zacks.com/funds/etf/XBI/profile?cid=CS-YOUTUBE-FT-VID ARK Genomic Revolution ETF: https://www.zacks.com/funds/etf/ARKG/profile?cid=CS-YOUTUBE-FT-VID Virtus LifeSci Biotech Clinical Trials ETF: https://www.zacks.com/funds/etf/BBC/profile?cid=CS-YOUTUBE-FT-VID ALPS Medical Breakthroughs ETF: https://www.zacks.com/funds/etf/SBIO/profile?cid=CS-YOUTUBE-FT-VID Merck: https://www.zacks.com/stock/quote/MRK?cid=CS-YOUTUBE-FT-VID Biogen: https://www.zacks.com/stock/quote/BIIB?cid=CS-YOUTUBE-FT-VID Sanofi: https://www.zacks.com/stock/quote/SNY?cid=CS-YOUTUBE-FT-VID ArQule: https://www.zacks.com/stock/quote/ARQL?cid=CS-YOUTUBE-FT-VID Synthorx: https://www.zacks.com/stock/quote/THOR?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow
Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle reported quarterly earnings of $1.03 per share, 6 cents a share above consensus estimates. The business software giant’s revenue fell short of forecasts, however, amid increasing cloud computing competition. Oracle fell 2.5% in the premarket. Angi (ANGI) – Angi
Just because we hit retirement, doesn’t mean we’re making a total shift to bonds. There are still stocks to buy that are both interesting and profitable. But more times than not, investors at that stage are looking for some income. That involves a lot more than just screening dividend stocks and sorting by yield. Investors
For those investors seeking income along with their capital appreciation, the SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) gives you some ideas about where to look for dividend stocks to buy. The exchange-traded fund tracks the performance of the S&P 500 High Dividend index, a collection of 80 companies held within the S&P 500
The stock of leading Chinese technology firm Alibaba (NYSE:BABA) is so beaten down that it’s starting to resemble a Greek tragedy. Source: Kevin Chen Photography / Shutterstock.com At $162.86 per share at the start of Sept. 14, BABA stock is nearly 50% below its 52-week high of $319.32 reached just before Halloween last year. Since
The Hourly View for GHL 500 – Internal server error It’s been a feast for bulls operating on an hourly timeframe, as GHL has now gone up 4 of the past 5 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Most
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