Managing your money and the risk attached to investing it is one of the basics in trading. One that is often overlooked by traders. It’s not only about guessing the right direction, identifying the right support and resistance levels and timing but also about measuring confidence and taking into account targets and capabilities. David goes
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An aerial view of the company’s planned factory near Long Beach Airport in California. Relativity Space 3D-printing specialist Relativity Space is adding a second factory in Long Beach, California on the site of a former Boeing facility, where the company will move its headquarters and focus work on building fully reusable rockets. “This is really
Traders on the floor of the New York Stock Exchange. Source: NYSE The floor of the New York Stock Exchange, which has been quiet in the past year, has suddenly come to life. Traders have been returning, restrictions have been relaxed so more visitors can come on the floor, and the IPO business is booming.
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – The space transportation company’s stock dropped 3% in premarket trading, after Bank of America Securities double-downgraded the stock to “underperform” from “buy.” BofA notes the recent spike in the stock after the company received approval to carry passengers into
Ethereum Classic (ETC) reached its highest level in almost three weeks Wednesday, buoyed by Barry Silbert-backed Digital Currency Group’s $50 million investment and by an overall cryptocurrency market recovery led by Bitcoin (BTC). The 17th-largest cryptocurrency by market value traded as high as $63.19 — a nearly 98% rise from its June 22 low of
Biden’s Green Book was released on May 28, 2021 and provided further detail and effective dates surrounding his tax proposals. While many anticipated that high net worth taxpayers would be targeted to pay additional taxes, limitation on like-kind exchanges coupled with increased tax rates on long-term capital gains could cause the 2022 tax bill of high-income
Signage is seen outside of The Trump Building in New York City, New York, U.S., June 28, 2021. Andrew Kelly | Reuters The Trump Organization has been told to expect that criminal charges will be filed by Manhattan prosecutors against the company belonging to former President Donald Trump as early as Thursday afternoon, NBC News
Illinois won a one-notch upgrade Tuesday from Moody’s Investors Service, action that turns the rating tide for a state stung by more than a decade of downgrades that left it one cut away from a speculative grade. Moody’s moved its general obligation and Build Illinois sales tax-backed ratings up one level to Baa2 from Baa3.
The EU’s justice commissioner has vowed to fight back against a proliferation of legal challenges and rulings by member states that have attacked the supremacy of EU law, warning that they could destroy the union itself. In an interview with the Financial Times, Didier Reynders said that this increased questioning of the primacy of EU
Broker-dealer groups support the Municipal Securities Rulemaking Board’s proposal to amend its rules to stop requiring that dealers provide municipal securities disclosures to sophisticated customers and those not invested in municipals. Comment letters largely backing amendments came Monday in response to the MSRB’s May proposal. The changes to MSRB Rules G-10 on investor and municipal
Cryptocurrency exchange Coinbase has obtained approval from Germany’s financial regulator, Bafin, to provide cryptocurrency trading and custody services. Coinbase Germany will launch in the coming weeks. Coinbase, a Nasdaq-listed company, announced Monday that it has secured a cryptocurrency license in Germany. The company explained: “The German Federal Financial Supervisory Authority (Bafin) has awarded Coinbase Germany
You can compare day traders and swing traders to the Ninja Turtles – always fighting the Foot Clan. They are always battling each other, but which one is better? Let’s break down the differences between day traders and swing traders, so you can decide which style of trading is better for you… Holding Time The
Kevin Matras screens for bullish chart pattern set-ups with the best fundamentals.
In this video David explains the idea of profiting when the price of an instrument is going down. This is one of the main aspects of the market and its participants and more importantly, it’s something that traders can take advantage of – no matter where the market is headed, a profit can be made
Mary Erdoes Adam Galica | CNBC JPMorgan Chase wants to take the sustainable-investing trend to the next level. To do that, the biggest U.S. bank by assets has agreed to buy OpenInvest, a San Francisco-based start-up backed by Andreessen Horowitz and founded by former Bridgewater Associates employees, CNBC has learned exclusively. It’s the third acquisition
Take a look at some of the biggest movers in the premarket: Big banks – Goldman Sachs (GS), Bank of America (BAC), Morgan Stanley (MS), JPMorgan Chase (JPM) and Wells Fargo (WFC) all announced dividend increases after passing the Fed’s latest stress tests. Morgan Stanley and Wells Fargo both doubled their dividends, while Citigroup (C)
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. Everyone wants to scale their business as fast as possible, but how do you do this? Start by asking yourself who wants to work with you as an agent. You probably think that the answer is buyers and sellers.
About 2 million homeowners are still in some type of mortgage forbearance amid the health and financial fallout brought on by the Covid-19 pandemic. While the U.S. government extended the foreclosure moratorium through July 31, the Consumer Financial Protection Bureau isn’t planning to put any further bans on foreclosures in place. Instead, to help homeowners
California and Mexico lawmakers signed an agreement Monday on a project that will speed up the movement of goods and travelers at a San Diego County border crossing. The State Route 11/Otay Mesa East Port of Entry project being built at a combined cost of $738 million is expected to halve the amount of time
German finance minister Olaf Scholz has dismissed calls for reform of German and EU fiscal rules, saying they provide enough flexibility to overcome crises such as the pandemic. But in an interview with the Financial Times, Scholz, who is also the Social Democrat’s candidate for chancellor in September’s federal election, said Germany must continue its
Just three days before the start of a new fiscal year, Arizona lawmakers and Gov. Doug Ducey have agreed on a $12.8 billion budget that includes what they call the largest tax cut in state history. “We achieved a tax cut that will protect working families and small businesses, we’re paying off hundreds of millions
The cryptoverse has been overrun with negative events lately. One of the most recent ones was the Iron Finance bank run that occurred on June 16. Iron Finance is a multi-chain, partially collateralized stablecoin protocol with the main goal of providing a dollar-pegged stablecoin to be used for DeFi applications. It was the first large-scale
Iran’s Ministry of Industries, Mining and Trade issued operation licenses for 30 crypto mining centers in the country, the country’s Financial Tribue reported last Wednesday. Citing data from the ministry’s website, the report says that Iran’s Semnan province received the largest amount of licenses, with six crypto mining farms now authorized to operate in the region.
These terms are more efficient than terms like “buy” and “sell” because they tell your position–your mindset on a particular stock or on the industry. Long: -Positive on the market -You can also be “long” on a particular stock: If you are long Nike, you’re expecting it to go up Short: -Negative on the market
Kevin Matras explains how Zacks Ultimate works in this educational video.
Have an open position that’s making a profit? Thinking of moving its Stop Loss so that no matter what you won’t lose any money? Think again. This is one of the many mistakes traders make when they experience the rush of having a winning position and feel like they’re on top of the world. The
In this article RAD Rite Aid CEO Heyward Donigan told CNBC on Thursday she’s “cautiously optimistic” the U.S. would avoid another round of strict Covid restrictions despite the presence of the delta variant. “We all hope that enough people get vaccinated that we don’t have the variant become so significant that our markets shut down again,” Donigan
Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing is not likely to receive certification for its 777X long-range aircraft until mid-to-late 2023 at the earliest. That’s according to a letter from a Federal Aviation Administration official to Boeing that was obtained by CNBC, saying there were numerous
Ethereum (ETH) scalability infrastructure developer Polygon has announced the rollout of a general-purpose, scalable data availability solution called Avail. According to a release issued on Monday, Polygon revealed that Avail will function as a data available tool for execution layers like sidechains, standalone networks, and layer-two protocols. One of the major hurdles for effective blockchain
We have recently heard a great deal about fraud allegedly committed by a prominent property owner who gave the tax assessors one version of value of his property but at some point offered his lenders a much rosier value of the same property. And the claims of value went up and down over time. How