Tag Archives: trader

Retail investors have upended conventional market dynamics in 2021, showing institutional investors and hedge funds that they are a force to contend with. “The one dynamic that will change is, I think, big institutionally-driven hedge fund players will not get out over their skis the way that Archegos did,” Keith Bliss, a former NYSE trader and president of Capital2Market, told Yahoo Finance (video above). “But what the instructive part of that whole episode was that these bigger… Source link

Cryptocurrencies suffered another brutal weekend with bitcoin (BTC-USD) approaching $30,000 and ethereum (ETH-USD) sliding under $2,000 after China toughened its stance on crypto payments. But Coinbase customers now have access to an ethereum competitor called Polkadot (DOT1-USD), which is gaining the attention of Wall Street. At a recent Yahoo Finance Plus webinar, Capital2Markets President Keith Bliss compared the two developer networks, which are designed to decentralized finance. “ Source link

As bitcoin (BTC-USD) holds above $40,000, investors are laser-focused on the price gyrations, attempting to divine the next big move. One former trader at the New York Stock Exchange is demonstrating how technical analysis is ideally suited to analyzing and predicting cryptocurrency price movements. At a recent Yahoo Finance Plus webinar, Capital2Markets president Keith Bliss, explained to attendees that bitcoin and other cryptocurrencies don’t lend themselves to traditional fundamental… Source link

Wall Street economists on Tuesday were surprised by disappointing housing data, as U.S. housing starts fell 9.5% in April, compared to an expected 2% decline — the latest in a string of economic reports that have missed expectations both to the upside and the downside by wide margins. Meanwhile, the Federal Reserve is unlikely to signal any change in monetary policy over the summer, which could make trading stocks a bit boring, says one veteran trader. Summer tends to be less liquid and a Source link

Bloomberg ‘A Preventable Mess’: How Dementia Takes Toll on Aging Lawyers (Bloomberg) — Robert Fritzshall had to be pushing 80, Bethany McLean thought, so she was a little surprised to hear him talk about expanding his law practice.His office was a bit dusty and cluttered with papers. There were files on the floor. She was concerned that he didn’t see the need to carry malpractice insurance. But she doesn’t remember anything being a red flag.“He was charismatic, enthusiastic,” she… Source link

undefined The Dogecoin faithful have declared April 20 “Doge Day,” but on Wall Street, having your own day is no guarantee of legitimacy or longevity. Still, the cryptocurrency token that started out as a joke deserves some props. Created in 2013 by software engineers as a “fun” alternative to bitcoin (BTC-USD), the dogecoin (DOGE-USD) is based on a “Doge” meme featuring a Shiba Inu dog alongside nonsensical phrases in multicolored, Comic Sans-font text. Dogecoin is now a top 10… Source link

TipRanks 2 “Strong Buy” Stocks Around $10 With Triple-Digit Upside Potential The S&P 500 rose to another record high on Friday, and at least one strategist believes we’re at the start of a new bull market. Writing from LPL Financial, chief market strategist Ryan Detrick noted several market-historical points that indicate sustained gains are in the offing. Key among his points are the first quarter returns and the breadth of the current stock rally. On returns, Detrick highlights that… Source link

TipRanks Analysts Say ‘Buy the Pullback’ in These 3 Stocks The savvy investor knows that the best time to buy is when a stock is priced low – it’s just the old game of ‘buy low and sell high,’ the age-old advice on how to make money. But with the S&P at near record levels, it’s hard to tell when a stock is priced low. The key is just to take them as individuals. The stock market is the world’s greatest real-time experiment in averaging over large mass numbers. The markets as a… Source link

The Reddit-fueled frenzy behind GameStop’s (GME) surge last week — burning hedge fund short sellers and forcing Robinhood to curb activity in a clutch of hot stocks — illustrates a “plumbing issue” that exists in trading markets, according to one trader. The frenetic retail trading that took place over the last several weeks, roiling global markets in the process, creates a flood that blows away traditional risk management, veteran trader Peter Borish told Yahoo Finance. “I think… Source link

Gamestop shares are set to rally 70% this morning when trading starts, and AMC shares opened up 300%, extending a run that has perplexed market observers, irked hedge funds, and generally made crypto’s recent gains appear soft and weak. Being a retail trader is mostly being a sucker, hoping to best the markets while lacking the infrastructure, access, and information that professionals enjoy. Hell, most professional fund managers that regular folks can invest in fail to beat the market…. Source link