Tag Archives: Investors

The Canadian Press Brokerages limit trading in GameStop, sparking outcry Robinhood and other retail brokerages are taking steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms and some members of Congress who say small investors are being treated unfairly. GameStop stock has rocketed from below $20 earlier this month to close around $350 Wednesday as a volunteer army… Source link

Gamestop shop It’s a battle between Wall Street pros and upstart investors using social media platforms like Reddit. And at the moment, the upstarts have the upper hand. At the centre of the tussle is a US video games bricks and mortar retailer called Gamestop, arguably something of a relic in a world moving online. Shares in the business rocketed again on Wednesday, up 116% at the start of trading in New York. That’s on top of a 92% jump on Tuesday, and takes gains in the last week well above… Source link

Wednesday, January 27, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe As markets hit a record high, investors sell billions in stock. There is… a lot going on in the stock market. GameStop (GME) continued its unlikely surge on Tuesday, with shares gaining 91% during the session as Redditors continue to pressure short sellers and — now, apparently — big hedge funds. Heavily shorted names across the market also rallied on Tuesday,… Source link

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ A new year, a new addition to the stock portfolio – what can make more sense than that? The right time to buy, of course, is when stocks are priced at the bottom. Buying low and selling high may be a bit hackneyed, but it’s true, and truth has staying power.But the markets are up. The NASDAQ rose 43% in 2020, and the S&P 500 showed a gain of 16%. With a market environment like that, finding stocks that are caught in… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

The Internal Revenue Service (IRS) is making it harder for taxpayers to conceal cryptocurrency transactions — whether intentionally or not — by adding a new question about it near the top of the new Form 1040. The form released last week asks: “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” The only option is to mark yes or no. If you answer inaccurately, you could find yourself in hot water with… Source link

Stocks rose Tuesday as more updates on the stimulus front out of Washington helped at least temporarily offset concerns over the potential for more virus-related restrictions. The S&P 500 increased by about 0.7% around noon in New York, after the index logged a fourth straight session of declines a day earlier. The Dow rose more than 150 points, or 0.6%, and the Nasdaq increased 0.5%. COVID-19 cases and hospitalizations continued to march higher across the U.S., and the country crossed the… Source link

Stocks were mixed on Monday as investors eyed the roll-out of the first coronavirus vaccines in the U.S. and hoped that lawmakers in Washington would end a months-long deadlock and move toward advancing a stimulus bill. The Dow turned slightly negative Monday afternoon after hitting a record intraday higher earlier in the session. The S&P 500 ticked higher, and the Nasdaq outperformed and rose about 0.9% to close in on its own record high. The three major indices looked set to shake off last… Source link

TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently shows strong share appreciation, over an extended period, it’s a positive sign for investors.With more than ten months behind us, the stocks that are now showing a combination of strong gains and a… Source link

Stocks fell Friday morning as rising COVID-19 cases raised the specter that more restrictions would be unleashed across U.S. cities and states, threatening to crimp business activity and jeopardize the tenuous economic recovery. An apparent dispute between the U.S. Treasury and Federal Reserve over whether to renew some pandemic-era emergency lending programs also weighed on risk assets. Investors weighed these risks against a steady flow of positive news over a vaccine. Pfizer (PFE) and… Source link