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Category: Trading


Finance Tech, Trading

Why this rate-driven sell-off is hitting tech stocks hardest

March 5, 2021

Via: CNBC

What’s behind the drop in tech stocks? A model Wall Street uses to value stocks is flashing caution. Tech stocks are in a correction. The Nasdaq 100, the largest 100 nonfinancial stocks in the Nasdaq, is 10% off the historic […]


Capital, Finance Tech, Trading

Billionaire investor Ron Baron’s firm sold 1.8 million Tesla shares despite saying price will hit $2,000

March 4, 2021

Via: CNBC

Billionaire investor Ron Baron sold 1.8 million shares of Tesla for clients since August despite believing the stock will increase to $2,000 over the next 10 years. Baron, a longstanding Tesla shareholder, told CNBC’s “Squawk Box” on Thursday that his […]


Finance Tech, Liquidity, Trading

Goldman says that investors shouldn’t worry about interest rates at these levels

March 1, 2021

Via: CNBC

Rising bond yields that shook investors the last couple weeks are well short of anything that poses a broader threat to the market, according to Goldman Sachs strategists. Longer-duration government bond yields have hit levels last seen before the Covid-19 […]


Finance Tech, Liquidity, Trading

Art Cashin expects more stock pain as traders worry about Fed losing control of bond market

February 26, 2021

Via: CNBC

Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility as Wall Street digests rising bond yields. “You have to be very careful. There is a fine line. If the […]


Finance Tech, Trading

Stocks are off to a mixed start on Wall Street; yields rise

February 24, 2021

Via: ABC News

BANGKOK — Major indexes are off to a mixed start on Wall Street as gains for banks and industrial companies are offset by losses in Big Tech stocks like Apple and Amazon. The S&P 500 was down 0.2% in the […]


Enterprise, Finance Tech, Industries, Trading

Ford’s stock hasn’t done this in 6 years, chart analyst says as Wall Street grows optimistic on consumer plays

February 23, 2021

Via: CNBC

Wall Street analysts are doubling down on their calls for a consumer spending recovery. Barclays, Credit Suisse and Wells Fargo released notes Monday highlighting their excitement about several consumer stocks, with Barclays reaffirming its positive view on TJX Companies, Credit […]


Finance Tech, Trading

Wall Street is predicting a ‘roaring twenties’ rally for these laggard stocks

February 18, 2021

Via: Fortune

A vaccine-fueled economic recovery and investors’ surging appetite for risk mean that the European equity rally can keep going in 2021, according to strategists. After strong gains since the start of the year, the bull case for Europe has now […]


Finance Tech, Industries, Others, Trading

Wall Street’s next short squeeze could be in this fast food stock, trader says

February 15, 2021

Via: CNBC

The stock of Jack in the Box could soon live up to its name. Rising short interest in shares of the West Coast-based fast-food chain appears to be setting the stock up for a short squeeze, Danielle Shay, director of […]


Finance Tech, Trading

US stocks hover near records as jobless claims hit 5-week low

February 11, 2021

Via: Markets Insider

US stocks hovered near record highs Thursday morning as investors weighed a stagnating labor market rebound and dovish tone from the Federal Reserve. New jobless claims reached an unadjusted 793,000 for the week that ended Saturday, the Labor Department said. […]


Finance Tech, Industries, Others, Trading

Why Corcept Therapeutics, Acasti Pharma And More Are Moving Today

February 9, 2021

Via: Markets Insider

Corcept Therapeutics (NASDAQ:CORT) shares were trading lower Tuesday after the company reported preliminary fourth-quarter sales results and issued fiscal year 2021 sales guidance. Corcept Therapeutics Inc is engaged in the discovery, development, and commercialization of drugs for the treatment of […]