Tag Archives: Trading

Newbie traders and experience pros alike need to heed one word of advice to avoid catastrophe: Always have a plan before the trade is made. Otherwise, traders are simply throwing themselves at the mercy of their own emotions. That’s what Stephen “Sarge” Guilfoyle, president of Sarge986 LLC, said at the latest Yahoo Finance Premium webinar, where he broke down some key tenets of risk management. “What did Mike Tyson say? Everyone has a plan until they get punched in the face. In the infantry,… Source link

(Bloomberg) — Gary Gensler pledged to scrutinize trading apps that have exploded in popularity, signaling the Biden administration’s pick to lead the U.S. Securities and Exchange Commission plans to confront issues central to wild stock swings that have shocked Wall Street and Capitol Hill. Gensler, testifying during a Tuesday confirmation hearing before the Senate Banking Committee, said a top concern is that upstart technologies are prompting less sophisticated investors to take risks… Source link

TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link

TipRanks Billionaire Ken Griffin Pulls the Trigger on These 2 Penny Stocks Risk and reward are the yin and yang of stock trading, the two opposite but essential ingredients in every market success. And there are no stocks that better embody both sides – the risk factors and the reward potentials – than penny stocks. These equities, priced below $5 per share, typically offer high upside potentials. Even a small gain in share price – just a few cents – quickly translates into a high… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could Rally Over 100% Bank of America has a strong reputation for keeping finger on the pulse of the financial world – and one of its key tools is the Global Fund Manager Survey, conducted monthly and seeking opinions from more than 200 hedge fund, mutual fund, and pension fund managers who hold a combined $645 billion in AUM. It’s the largest regularly conducted survey of its kind. And BofA most recent findings show that Big Money is feeling… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link

MMA Weekly UFC Vegas 18 results: Alexander Volkov scores walk-off knockout over Alistair Overeem UFC Vegas 18 launched Alexander Volkov and Cory Sandhagen closer to title shots after they each scored impressive victories on Saturday night in Las Vegas. Alexander Volkov makes statement with knockout of Alistair Overeem Overeem started in a crouch in the UFC Vegas 18 main event, giving Volkov less of a target. The two danced around for the opening couple of minutes before Overeem cracked Volkov… Source link

TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not unfairly. By law, they must disclose publicly their own stock holdings, and the general public can learn… Source link

Tesla’s (TSLA) CEO Elon Musk spontaneously interviewed Robinhood CEO Vlad Tenev for 14 minutes late Sunday evening, injecting himself into the fray of the retail investing frenzy that’s sent markets into a tailspin, and put the trading app on the defensive. The billionaire jumped on the invite-only voice chat app Clubhouse to answer questions ranging from colonizing Mars to Bitcoin (BTC-USD) late Sunday night. Yet toward the end, Musk ended up grilling Tenev on behalf of outraged individual… Source link

The GameStop saga (GME) “is a roller coaster ride that just won’t stop,” says Jacob S. Frenkel, Dickinson Wright Chair and former senior counsel in the Securities and Exchange Commission’s division of enforcement. Frenkel told Yahoo Finance Live that “the SEC should have used its trading suspension authority,” even if it was an aggressive approach, several days ago. “GameStop blew through New York Stock Exchange circuit breakers 10 times over 2 trading days,” he said. “So… Source link