Twilio opened Thursday, June 23, at $15 a share. During intraday trading it surged 92% above that price and closed at $28.79. It’s market cap is valued at $2 billion. As you know, there have been few opportunities for investors to get in on initial public offerings this year. However, that will change next week Continue reading →
Archive for 2016
Smith & Wesson Among Gun Makers Whose Sales Soared Last Week
As the nation mourns the Orlando terrorist attack by a man who was radicalized and pledged his allegiance to ISIS, Smith & Wesson is enjoying a spike in sales. In fact, the gun-maker’s surged to just a few dollars; of its new 52-week high of $30.44. Gun-maker Smith & Wesson (NASDAQ: SWHC) rose more than Continue reading →
IEX: The new stock exchange aimed to slow down high frequency trading
This post was originally published at New York Times. The IEX office/trading floor, located in downtown Manhattan. Credit Cole Wilson for The New York Times America is getting a new stock exchange from the most prominent critics of high-frequency trading. After months of delays and a brutal lobbying battle that divided Wall Street, the Continue reading →
How To Start An Online Trading Business?
It is an appealing idea for many people to start with online trading. You are your own boss, set your own schedule and work from the convenience of home with unlimited income potential. Adding to the advantages anyone with a laptop and working internet connection can give it a try by just opening an easy Continue reading →
The Math of S&P 2200
This post was originally published on Yahoo Finance. I want to discuss a meta-theory about how and why the stock market can go higher this year, despite valuations and sluggish growth in the economy and earnings. This theory involves 5 elements: The investment machinery of Wall Street where trillions of dollars are Continue reading →
Fed keeps rates unchanged. Of course!
The Federal Reserve has wrapped up its latest two-day meeting and Janet Yellen is set to address the media in Washington, DC. Yahoo Finance has all the latest on the statement and Chair Yellen’s press conference.
Just for the record: Will the market (S&P 500) reach 2,400 this year?
Today, we saw the market in its third day of selling, falling hard off of the highs and increasing fear among investors and speculators. Yet I could find one who was optimistic enough to claim that the selling is far over and that the market will actually go a lot higher in a matter of Continue reading →
Technology May Win In Minimum Wage Fight; Restaurant Space
The movement afoot to raise the minimum wage has frequently captured headlines as of late. Many understand the financial plight of people trying to live on minimum wage. On the flip side are observers who are raising concerns about the negative effects on the top and bottom lines of companies that will have to absorb Continue reading →
Viacom Squabbling Troublesome for Investors
There has been quite a bit of drama playing out in the entertainment space lately as Viacom (NYSE: VIAB) is enthralled in an unprecedented fight over who will be in charge of the $17 billion company. The power struggle antics over who will control the company are serving to aggravate shareholders who were already concerned Continue reading →
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