It’s Thanksgiving this week, which means we can expect a pretty tame and boring week of trading, as most of Wall Street is more worried about their travel plans than taking risks that might put their job in jeopardy. Markets are closed on Thursday for Thanksgiving, and close early at 1:00 pm EST on… Continue reading Stock Market Overview – Holiday Week
Tag: Technical Trading
How to Trade a Range-Bound Market
Most traders agree that a trending market is easier to trade than a range-bound market. Once you hop aboard a trend, you pretty much just have to trail a stop and ride the gains. Sure you deal with plenty of whipsaws and failed pullbacks, but there are far fewer variables in a trending market… Continue reading How to Trade a Range-Bound Market
Bitcoin Miner Iris Energy Goes Public
Iris Energy Limited (NASDAQ: IREN), an Australian company that has been mining bitcoin since 2019, is the latest of its kind to go public. The company made its Wall Street debut on Wednesday, Nov. 17. Iris priced its initial public offering at $28 a share Tuesday evening, raising at least $231.5 billion at a… Continue reading Bitcoin Miner Iris Energy Goes Public
What Is A Sovereign Wealth Fund and How Do They Work?
Sovereign wealth funds (SWFs) are key players in today’s financial markets. These state-controlled entities are means through which nations make investments, by squirrelling away excess revenues. They are mostly based in emerging markets and are meant to provide long term economic stimulus or bring stability to the finances of a government. But despite sharing… Continue reading What Is A Sovereign Wealth Fund and How Do They Work?
The US Residential Real Estate Market Lost a Few Whales
If you follow the US real estate market at all, you’ve probably heard about these “iBuyer” (instant buyer) programs started by some of the large real estate data companies like Zillow and Opendoor. The idea is that these firms hire really smart quantitative researchers who can create real estate pricing models that can accurately… Continue reading The US Residential Real Estate Market Lost a Few Whales
What is an S-1 Filing?
You’ve probably seen headlines like “Rivian Files S-1 With SEC to Go Public,” and wondered what an S-1 filing is. You see, if you want to sell a security like a stock or bond to the US public on an exchange like the NYSE, you have to register those securities with the SEC. And… Continue reading What is an S-1 Filing?
What Are Units and How Do They Work in the Stock Market?
Wall Street is home to all types of securities and strategies that traders can use to make some extra cash. One of the lesser-common securities is the unit, which offers traders some flexibility down the road to capitalize on good market conditions. Below, we are going to talk about units and why companies offer… Continue reading What Are Units and How Do They Work in the Stock Market?
Using VWAP to Time a Pullback Entry
The basic idea behind a pullback trade is to try to enter a strong established trend on short-term weakness, hoping the trend will continue after some momentary hiccups. Trend trading is a well-accepted trading strategy across all time frames. Institutions sell trend-following products to their clients to ride trends across several months or years,… Continue reading Using VWAP to Time a Pullback Entry
Rivian IPO: A Quick Rundown
Rivian, the much-hyped EV maker touted as a “Tesla Killer ” by some, went public today (Wednesday, November 10) opening at $106, well above its pricing of $78, making the IPO a massive success so far. The company primarily makes electric light trucks; a pickup truck (R1T) starting at $67,500 and an SUV (R1S)… Continue reading Rivian IPO: A Quick Rundown
How Novice Traders Become Successful Traders
If you look at the more successful traders you’ve encountered, you may have noticed some recurring behaviors and habits they have. They often congregate in the same communities, use the same or similar tools, and nearly all of them have common threads in their daily routines. Many novices begin their trading career doing all… Continue reading How Novice Traders Become Successful Traders