Category: Trading

January 22, 2021

Stock trading volumes are through the roof. It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well. “For trading volumes, the new year starts at a consistent, […]

January 12, 2021

Albertsons (ACI) – The grocery store operator reported quarterly earnings of 66 cents per share, beating the 42 cents a share consensus estimate. Revenue also beat forecasts. Albertsons raised its full-year earnings forecast to $3.05 to $3.15 per share from […]

January 8, 2021

Tesla — The electric vehicle company surged more than 7% to a new record high. Tesla’s market capitalization jumped above $800 billion for the first time on Friday, making the company more valuable than Facebook, and the fifth-most valuable component […]

January 8, 2021

Over the past four trading sessions, performance of major bank stocks depicted a bullish picture. This optimism primarily seems to be driven by the hopes of more economic stimulus as the U.S. Congress confirmed Joe Biden’s victory in the Presidential […]

December 11, 2020

Performances of major bank stocks over the last five trading days paint a mixed picture. Positive trading revenue outlook provided by some of the major banks indicates that the earnings picture will be impressive in the fourth quarter. This is […]

December 8, 2020

Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China Business Council said. “He definitely re-committed. On the […]

December 1, 2020

Standard & Poor’s action on Tesla showed the growing power of indexers and passive investing. S&P Dow Jones Indices has announced that Tesla will be added to the S&P 500 using the closing price on Dec. 18 in one single […]

November 13, 2020

The last thing bullish post-election season investors want to see is a nationwide lockdown to control the resurgent coronavirus under President-elect Joe Biden. “3,000 or 4,000 [Dow] points lower at least,” veteran strategist David Nelson of Belpointe Asset Management told […]

October 27, 2020

U.S. stocks fell sharply on Wednesday amid concerns over the latest increase in coronavirus infections and its potential impact on the global economy. The Dow Jones Industrial Average dropped 803 points, or 2.9%. The S&P 500 slid 2.9% and the […]

October 27, 2020

Why is the stock market so high? I get asked this riddle every day. The standard answers we hear these days are that the market is anticipating another $2 trillion Donald Trump-Nancy Pelosi stimulus bill (either before or right after […]