Author: pluginever
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Market makers and liquidity
When you buy stonks from brokerages like TD Ameritrade or Robinhood, are you effectively accessing the same liquidity that is on the NYSE or Nasdaq? Or do each of these brokerages have their own market makers which leads to better or worse execution depending on where you trade? Is there a concept of a “brokerage…
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Trump Media stock falls below $20 per share, a first since company went public
The monthslong Trump Media stock slide continued Wednesday, as shares of the company majority-owned by former President Donald Trump fell below $20 for the first time since the Truth Social maker went public in March of this year. As of 12:45 p.m. ET, the stock price of DJT has dropped more than 75% from its…
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10-2 year treasury yield curve first time positive since 5th July 2022
In advance: I know that predicting the market is impossible. Just want to point out that (almost) every single time the 10-2 year yield curve went negative (for example 1980, 1982, 2001, 2008, “2020”) a recession occured after it showed an positive upwards trend. Of course the market changes and, as mentioned, is unpredictable. Maybe…
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New Data Points to Soft Landing.
The new data from positive GDP and fewer jobless claims are both pointing to a Soft Landing with the aid of the upcoming expected Fed interest rate cut. Real gross domestic product (GDP) increased annually by 3.0 percent in the second quarter of 2024. In the first quarter, real GDP increased 1.4 percent. The real GDP…
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As SMCI looses market share and reputation, DELL is positioned to explode in coming months
According to several reports, both Tesla and Nvidia are going to start buying from dell instead of Supermicro, which was it's largest competitor. It reports earnings today and is down from ATH after previous earnings.
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Best way to get international stocks including their dividends in a TFSA in Canada?
So far i know questrade will do it over the phone but the purchase must be a minimum of $5000 USD and commission is whichever is more between 1% or $195. IBKR has much lower fees but can't do it in a TFSA. maybe that's still the better option or there's better options than IBKR?…
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CHWY earnings beat the catalyst to set off the pet industry stocks comeback. WOOF maybe next?
During the sickness era we saw huge pet growth. That is why a lot of pet related stocks like CHWY and WOOF had such high valuations, however the past year we have seen pet ownership flat line but that does not mean it's a dud. Pet spending is still projected to grow for a while…
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Nvidia reports 122% revenue growth on surging demand for data center chips
Nvidia reported earnings after the bell that beat Wall Street expectations for earnings and guidance, and provided stronger-than-expected guidance for the current quarter. Nvidia shares fell nearly 4% in extended trading. Here are the results. Earnings per share: 68 cents adjusted versus 64 cents per share expected by LSEG. Revenue: $30.04 billion versus $28.7 billion…
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American Eagle saw profits grow nearly 60% as costs come down
American Eagle missed Wall Street’s sales targets for a second quarter in a row on Thursday, but profits grew by nearly 60% thanks in part to lower product costs. Shares fell more than 5% in premarket trading Thursday. Here’s how the apparel company did in its second fiscal quarter compared with what Wall Street was…
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Affirm shares surge 34% and head for best day in three years after earnings beat
Affirm shares soared 34% on Thursday and were on pace for their best day in almost three years, after the provider of buy now, pay later loans beat on the top and bottom lines in its earnings report. If the rally holds, it will be the third-biggest rally for the stock since the company’s IPO…