Bloomberg vs. Reuters: An Overview The onset of the digital revolution cultivated new ways to access information, leading to cutting-edge information platforms in Bloomberg and Reuters. Both Bloomberg L.P. and Reuters are now seen by many as the fastest and most credible digital information sources in the financial industry, providing data and financial news to
Some clients view financial advisors who sell life insurance with a certain suspicion. After all, a financial advisor is supposed to be the untouchable fiduciary working solely on the client’s behalf. For some, it might seem incompatible to have an advisor who also sells life insurance. However, the truth is most financial advisors wear multiple
What Is Okcoin? Cryptocurrency trading is a relatively new market. This market gained prominence following the 2009 launch of Bitcoin, one of the world’s most popular and widely traded digital currencies. But unlike centralized exchanges, such as stock exchanges, cryptocurrencies trade on decentralized systems called blockchains. Trading can often be difficult to navigate, especially for
Off-balance-sheet entities are assets or debts that do not appear on a company’s balance sheet. Investors use balance sheets to understand a company’s assets and liabilities and to evaluate its financial health. Because assets are better than liabilities, companies want to have more assets and fewer liabilities on their balance sheets. Some will place their
When you retire, there’s likely a good two to three decades of living to look forward to. But the amount your dollar buys in the first year of retirement will shrink over the next years due to inflation. The annual inflation rate in the U.S. has averaged 3.22% since 1913. However, that figure masks a lot
There are advantages and risks to both swing and day trading. You can determine which to practice based on the current market. Swing Trading v. Day Trading Swing: -Potential to make more money than with day trading -Going across multiple days (e.g. a 100 day period) -You do have the risk of holding positions overnight;
No doubt about it: like other air travel companies, American Airlines Group (NASDAQ:AAL) is heavily dependent on the rollout of Covid-19 vaccines. Without that, AAL stock holders would be in big trouble, financially speaking. Source: GagliardiPhotography / Shutterstock.com And indeed, the share price has rebounded since the Covid-19 pandemic devastated the stock market and the travel
I’m not entirely sure how true this is today. But back in 2015, CNN Business released a report that indicated that the number of individual equity units peaked at 7,652 during the summer of 1998. That of course was when speculation was building toward the eventual internet and technology bubble. In 2015, the number eventually
ChargePoint (NYSE:CHPT) stock took a bit hit in March and April but has bounced back nicely in May and June. It’s now pushing its way towards all-time highs. Source: YuniqueB / Shutterstock.com The catalyst? There are a few of them — Recharged growth trade on lower bond yields Reinvigorated optimism about EVs and the charging network
A meme stock with huge earnings and strong fundamentals? Pretty rare, right? Well, let me introduce you to UWM Holdings (NYSE:UWMC). UWMC stock is the rare one where both Reddit traders and value investors can unite. The shares are cheap, the business is booming and social media is all over the stock. Source: Shutterstock The market
QuantumScape (NYSE:QS) stock supports a next-generation battery technology developer aiming to revolutionize the EV charging sector with solid-state batteries. Source: Michael Vi / Shutterstock.com Despite its pre-revenue status, QuantumScape is well-funded and continues to execute its plans effectively to gain the confidence of its stockholders. Although several risks remain with its business, it is doing
With so much enthusiasm baked into the equities sector, many investors undoubtedly feel that now is a time to consider a risk-off profile. Frankly, I agree with these folks. That said, we’re coming off the (hopefully) worst of the novel coronavirus pandemic. Therefore, others believe that the best days are still ahead of us. If
Nikola (NASDAQ:NKLA) is a poster child for the special purpose acquisition company (SPAC) boom and bust of the past year. Nikola rose to prominence in 2020. Investors hoped that Nikola, powered by its charismatic founder, Trevor Milton, could become the next Tesla (NASDAQ:TSLA). For awhile, NKLA stock soared as Milton’s pitch gained more and more
Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. The bulk of first-quarter earnings have been released, but there are still a few marquee names left to report during the week of May 31. These include a nice sampling of stay-at-home names that have seen monster growth during the global pandemic,
Bed Bath & Beyond (NASDAQ:BBBY) and GameStop (NYSE:GME) are two of the most popular meme stocks of 2021. Barron’s published an article on June 7 suggesting BBBY stock was one of the more popular memes. Source: Shutterstock Flash forward 8 days and the home furnishings retailer doesn’t even make WallStreetBets top 10-list of most-discussed stocks.
Shares of High Tide (NASDAQ:HITI) popped Friday on meme hype, closing at $7.50. Ignore the hype, and focus on the company. Source: Shutterstock Every industry needs a centralized retailer. Centralized retailers offer consistency of price, experience, inventory and convenience. For cannabis, that could be High Tide. High Tide has the potential to transform itself into the “Walmart of
What Is a Gap? -When a stock ends the day at a certain level and then starts at a new level even though no trades took place. -Gaps are usually from one day to the next. -The reason is that something within the company or industry can change: earnings report, etc. -Weekly charts can also
What is the Head and Shoulders Reversal Pattern? -The stock bounces off of the support line three times, making a head and shoulders pattern -On the first shoulder, the volume is high -The volume is lower on the uptrend that creates the head -People are not voting for the stock to go up. This low
In today’s episode of let’s talk stocks, we are going to take a look at how to read stock charts for beginners. We’ll cover the basics of chart reading, different types of stock charts and the one I recommend, different time frames when looking at stock charts, also you’ll see me evaluate a few stock
What exactly is a stock? -If you purchase stock in Google, you own a small fraction of Google. -When you purchase stock, you’re buying a piece of the company. -People buy stock in order to invest -Companies sell stock in order to gain revenue (money to build/grow the company) Example -A person starts a candy