Stock trading – Internet Wealth Zone http://internetwealthzone.com/ Sat, 27 Nov 2021 19:31:39 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://internetwealthzone.com/wp-content/uploads/2021/07/icon-2021-07-02T225716.250.png Stock trading – Internet Wealth Zone http://internetwealthzone.com/ 32 32 ‘Markets Don’t Hit Bottom on Friday’: COVID Stock Rout puts these S&P 500 levels to the fore next week https://internetwealthzone.com/markets-dont-hit-bottom-on-friday-covid-stock-rout-puts-these-sp-500-levels-to-the-fore-next-week/ Sat, 27 Nov 2021 17:46:00 +0000 https://internetwealthzone.com/markets-dont-hit-bottom-on-friday-covid-stock-rout-puts-these-sp-500-levels-to-the-fore-next-week/ After U.S. stocks suffered a sharp Black Friday drop following the discovery of a rapidly spreading variant of the coronavirus that causes COVID-19, chart watchers are trying to gauge how deep the pullback could be . “While we are looking for a pullback, it’s hard to predict how quickly it will unfold,” senior technical analyst […]]]>

After U.S. stocks suffered a sharp Black Friday drop following the discovery of a rapidly spreading variant of the coronavirus that causes COVID-19, chart watchers are trying to gauge how deep the pullback could be .

“While we are looking for a pullback, it’s hard to predict how quickly it will unfold,” senior technical analyst Mark Arbeter of Arbeter Investments said, noting that, often, “downward panic moves accelerate or shorten the duration of the withdrawal “while potentially erasing the” obscene “positive sentiment levels that accompanied the rally.

MemeMoney: On a very Black Friday for investors, many Reddit Apes were talking about buying and HODLing

While it is not clear to what extent the new variant discovered in South Africa will prove to be transmissible or deadly, investors on Friday ditched stocks and other assets perceived to be risky, crowding into safe-haven assets such as treasury bills and gold.

Read: WHO names South African coronavirus variant ‘omicron’ and designates it as ‘variant of concern’

The S&P 500 SPX fell 106.84 points, or 2.3%, to 4,594.62, its lowest level since October 27, leaving it just over 2% of its closing high on November 18.

Market Snapshot: Here’s what the Black Friday carnage could mean for stock trading on Monday, analysts say

The Dow Jones Industrial Average DJIA,
-2.53%
fell over 1,000 points to its session low and ended the day down 905.04 points or 2.5%, for its biggest one-day percentage price and 2021 percentage drop . The Nasdaq Composite COMP,
-2.23%
fell 2.2%.

See: World acts as new variant of coronavirus emerges in southern Africa

Holiday trade terms have been blamed for boosting market movements; Stock trading closed at 1 p.m. Eastern time after U.S. markets closed Thursday for the Thanksgiving holiday.

In the chart below, Arbeter shows that the major support levels for the S&P 500 are grouped together.

Arbeter Investments LLC

“The probability of the market stopping in an area with multiple supports close together should in theory be higher than a random spot on the chart. While this doesn’t always work, this keeps us on our toes. Arbeter wrote.

The S&P 500 dipped to 4,585.43 and closed below the first support level identified by Arbeter at 4,634 – a 23.6% retracement of the index rally since October. He also removed the next layer of support at 4,600, the middle “Bollinger Band” on the daily price chart. Bollinger bands plot the standard deviation from the simple moving average of an asset.

Below that, the first group of support levels is found at 4,570, the exponential 50-day average; 4,566, the 38.2% retracement of the rally; and 4,550, a previous record in early September.

The second group starts at 4,525, the 50-day simple average, he said, and is followed at 4,512, a 50% retracement of the rally; 4,500, the middle Bollinger ban on the weekly price chart, and 4,490, the exponential 21-week average.

After that, trendline support hit the lowest since March is at 4,460, he said.

“The stock market took a left hook on Black Friday and wobbled into the weekend,” Arbeter said near the close, in comments emailed. “They say markets don’t touch Friday low. , so many are looking for a low early next week, “with the weekend headlines expected to be a major factor in Monday’s price movement.

Read also : World on alert as UK reports cases of omicron COVID variant


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8 stocks to buy or sell today – November 26 https://internetwealthzone.com/8-stocks-to-buy-or-sell-today-november-26/ Fri, 26 Nov 2021 01:07:37 +0000 https://internetwealthzone.com/8-stocks-to-buy-or-sell-today-november-26/ Friday Daily Trading Guide: After showing weakness from Wednesday’s highs, the Indian stock market held up with a decent bullish move during Thursday’s session. NSE Nifty closed 121 points higher at 17,536 levels, BSE Sensex climbed 454 points and closed at 58,795 levels while the Bank Nifty index lost 77 points and closed at 37,364 […]]]>

Friday Daily Trading Guide: After showing weakness from Wednesday’s highs, the Indian stock market held up with a decent bullish move during Thursday’s session. NSE Nifty closed 121 points higher at 17,536 levels, BSE Sensex climbed 454 points and closed at 58,795 levels while the Bank Nifty index lost 77 points and closed at 37,364 levels. According to stock market experts, this pattern indicates a return of the bulls from the lows.

A day when BSE volumes were a little below the recent average; the real estate, oil & gas, telecoms and health indices rose the most, while the capital goods and automotive indices fell the most. The mid and small cap indices rose 0.69% and 0.87% respectively.

NSE Nifty: Daily Trading Guide

Unveiling of the intraday trading strategy for the Friday session; Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said: “Thursday’s bullish rebound could be a relief factor for the bulls to make a comeback. The next two major resistances on NSE Nifty should be watched around 17,600 and 17,800 in the short term. At the same time, lower buying levels are expected in the event of a downturn. “

Day trading stocks today

Sharing day trading stocks to buy today, Stock Market Experts – Sumeet Bagadia, Executive Director of Choice Broking; Rohit Sigre, Senior Technical Analyst at LKP Securities; Parth Nyati, Founder, Tradingo; Ravi Singhal, vice president of GCL Securities and Ravi Singh, head of research and vice president of ShareIndia – recommended 8 stocks to buy today.

Sumeet Bagadia day trading stocks to buy today

1]HDFC Bank: Buy from CMP, target ??1575, stop loss ??1500

2]Aster DM Health: Buy from CMP, target ??218 to ??222, stop loss ??198

Ravi Singhal’s action of the day

3]Vodafone idea: Buy on ??11.60, target ??13, stop the loss ??11

Ravi Singh’s daily trading shares for Friday

4]GAIL (India) Limited: Buy on ??140, target ??148, stop loss ??136

5]Infosys: Buy on ??1720, target ??1760, stop loss ??1700

Parth Nyati intraday actions for today

6]Suprajit Engineering: Buy from CMP, target ??485, stop loss ??444

7]Chambal Fertilizers & Chemicals Limited: Buy on ??400, target ??411, stop loss ??394

Rohit Singer stock to buy today

8]Grasim Industries: Buy above ??1755, target ??1800 to ??1850, stop loss ??1715.

Disclaimer: The opinions and recommendations expressed above are those of individual analysts or brokerage firms, not Mint.

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Frankfurt extends listing hours as competition intensifies https://internetwealthzone.com/frankfurt-extends-listing-hours-as-competition-intensifies/ Wed, 24 Nov 2021 11:38:00 +0000 https://internetwealthzone.com/frankfurt-extends-listing-hours-as-competition-intensifies/ A general view shows the German Stock Exchange (Deutsche Boerse) in Frankfurt, Germany on February 12, 2019. REUTERS / Kai Pfaffenbach Register now for FREE and unlimited access to reuters.com Register now Nov. 24 (Reuters) – Deutsche Boerse (DB1Gn.DE) will allow equity investors to trade on the Frankfurt Stock Exchange until 10 p.m. from Monday, […]]]>

A general view shows the German Stock Exchange (Deutsche Boerse) in Frankfurt, Germany on February 12, 2019. REUTERS / Kai Pfaffenbach

Register now for FREE and unlimited access to reuters.com

Nov. 24 (Reuters) – Deutsche Boerse (DB1Gn.DE) will allow equity investors to trade on the Frankfurt Stock Exchange until 10 p.m. from Monday, a move that highlights increased competition among exchanges to entice the clients.

“By extending trading hours, investors can react to events in the US markets late at night, among other things, and profit from trading on the stock exchange,” the German stock operator said in a statement on its website.

The extension would affect stocks, exchange-traded funds and mutual funds, and was made possible by the new securities clearing platform introduced by Eurex Clearing in September 2021, he added.

Register now for FREE and unlimited access to reuters.com

Traders said the move could result in higher volumes for Deutsche Boerse, but also increase costs, while pressuring competitors to possibly consider a similar move.

Retail investors in Germany can already trade until 10 p.m. via the Tradegate platform (T2GG.F) which is also used by professional traders.

This move is the latest development of exchanges to increase income by allowing punters to trade in markets in different time zones. While some exchanges like Moscow have already increased their trading hours to attract Asian clients, some exchanges like Tokyo are taking interim steps in this direction.

The stock operator’s shares have underperformed the wider German market (.GDAXI) with shares rising just 2% so far this year, compared to a 15% increase in the index.

They also fell behind shares of pan-European rival Euronext (ENX.PA) despite outperforming the London Stock Exchange. .

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Reporting by Danilo Masoni; Editing by Saikat Chatterjee

Our Standards: Thomson Reuters Trust Principles.


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Abercrombie & Fitch shares to trade higher after Q3? https://internetwealthzone.com/abercrombie-fitch-shares-to-trade-higher-after-q3/ Mon, 22 Nov 2021 19:00:09 +0000 https://internetwealthzone.com/abercrombie-fitch-shares-to-trade-higher-after-q3/ SHANGHAI, CHINA – 2019/09/08: Abercrombie & Fitch American lifestyle store and logo seen in … [+] Shanghai. (Photo by Alex Tai / SOPA Images / LightRocket via Getty Images) SOPA Images / LightRocket via Getty Images Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear, is expected to release its third […]]]>

Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear, is expected to release its third quarter tax results on Tuesday, November 23. beat expectations. Inventories of consumer discretionary goods recovered well in the first half of fiscal 2021 thanks to rising vaccination rates in the United States. The pandemic has accelerated the shift in e-commerce for ANF, which was more profitable for the company. Our forecast indicates that ANF’s valuation is around $ 48 per share, or around 6% more than the current market price. Check out our interactive dashboard analysis at ANF’s pre-earnings: What to expect in the third trimester? for more details.

(1) Revenue expected in line with consensus estimates

Trefis estimates ANF’s third-quarter revenue to be around $ 898 million, in line with the consensus estimate of $ 897 million. The company’s revenue grew 24% year-over-year (year-on-year) to $ 865 million in the second quarter, thanks to an easy comparison with last year and also thanks to a good start to the school year in the United States, a strong response to the Gilly Hicks brand relaunch and updated store experiences. That said, the company’s revenue was 3% above pre-pandemic levels compared to the second quarter of 2019. The core US market saw healthy net sales growth of 11% over two years.

2) EPS should be slightly higher than consensus estimates

ANF’s earnings per share (EPS) for the third quarter is expected to be $ 0.69 per Trefis analysis, slightly above the consensus estimate of $ 0.66. ANF’s gross margin was 65.2% in the second quarter, up 590 basis points from the second quarter of 2019, benefiting from a double-digit improvement in the average unit retail (AUR). This, combined with continued expense management, led to an operating margin increase of 1,800 basis points on a two-year basis. As a result, the company’s adjusted earnings per share stood at $ 1.70, down from $ 0.23 in the second quarter of 2020, and a loss of $ 0.48 in the quarter before the pandemic. It should be noted that the current quarter benefited from approximately $ 0.53 related to certain non-recurring tax items.

(3) Estimate of the share price higher than the current market price

Through our Abercrombie & Fitch review, with an estimated earnings per share (EPS) of around $ 4.56 and a P / E multiple of 10.5x for fiscal 2021, that translates to a price of $ 48, or nearly 6% higher than the current market price.

It helps to see how peers stack up against each other. Compare ANF stocks with peers to find out how Abercrombie & Fitch stacks up against its peers on the metrics that matter.

What if you were looking for a more balanced portfolio instead? here is a quality portfolio which has been regularly beating the market since 2016.

Invest with Trefis Wallets that beat the market

See everything Trefis Price estimates


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Why Aurinia Pharmaceuticals stock crashed after hours on Friday https://internetwealthzone.com/why-aurinia-pharmaceuticals-stock-crashed-after-hours-on-friday/ Sat, 20 Nov 2021 13:45:00 +0000 https://internetwealthzone.com/why-aurinia-pharmaceuticals-stock-crashed-after-hours-on-friday/ What happened Actions of Pharmaceutical Aurinia (NASDAQ: AUPH) fell 18.1% in after-hours trading on Friday. The drugmaker’s inventory fell in response to a mixed bid of $ 250 million. The accompanying prospectus filed with the Securities and Exchange Commission indicated that the proceeds from any sale of shares under this offering would be used for […]]]>

What happened

Actions of Pharmaceutical Aurinia (NASDAQ: AUPH) fell 18.1% in after-hours trading on Friday. The drugmaker’s inventory fell in response to a mixed bid of $ 250 million.

The accompanying prospectus filed with the Securities and Exchange Commission indicated that the proceeds from any sale of shares under this offering would be used for the clinical development and commercial production of the drug approved by the Food and Drug Administration for the Lupus nephritis (LN) Lupkynis. It would advance its pipeline, business development opportunities, capital spending and working capital.

By the end of the third quarter, Aurinia had a cash flow trail of around six to maybe eight quarters, depending on Lupkynis’ business trajectory, as well as the company’s clinical development plans.

Image source: Getty Images.

So what

Shareholders are hitting the exits on this biotech stock for a clear reason: This mixed plateau bid may spell the end of buyout talks. Aurinia shares soared last month following rumors that Bristol Myers Squibb (NYSE: BMY) was considering an offer for the company. Soon after, more rumors surfaced claiming that Aurinia had multiple suitors. To date, however, no formal takeover bid has yet been completed by either party.

And while neither Bristol nor Aurinia have publicly denied these rumors, there are obvious issues with this hypothetical tie-up. Specifically, Bristol has several holes to fill to keep its revenue in the right direction, and only around $ 16 billion in cash to meet that target. Aurinia, for her part, is unlikely to accept an offer of less than $ 6 billion. In addition, biotech could expect an offer of more than $ 8 billion.

Now what

Is Aurinia’s stock a screaming buy after this after-hours drop? The answer is most definitely yes. While sales of Lupkynis may be slow to increase with Aurinia at the helm, the drug is starting to turn heads among prescribers, according to a recent survey. As such, Aurinia’s top line is expected to grow in leaps and bounds eventually. Savvy investors should therefore not hesitate to take advantage of this unjustified decline in this undervalued biotech value.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are heterogeneous! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.


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Dow Jones and S&P 500 open mixed, but tech stocks win as COVID in Europe struggles markets https://internetwealthzone.com/dow-jones-and-sp-500-open-mixed-but-tech-stocks-win-as-covid-in-europe-struggles-markets/ Fri, 19 Nov 2021 14:49:36 +0000 https://internetwealthzone.com/dow-jones-and-sp-500-open-mixed-but-tech-stocks-win-as-covid-in-europe-struggles-markets/ Actions were mixed on Friday, as growing concerns over national COVID-19 lockdowns in Europe raised fears of further restrictions beyond the continent. The Dow Jones and S&P 500 both fell after the opening bell, giving up early pre-market gains, but the Nasdaq composite added 0.2%, supported by the rally in tech stocks. Markets were volatile […]]]>

Actions were mixed on Friday, as growing concerns over national COVID-19 lockdowns in Europe raised fears of further restrictions beyond the continent.

The Dow Jones and S&P 500 both fell after the opening bell, giving up early pre-market gains, but the Nasdaq composite added 0.2%, supported by the rally in tech stocks.

Markets were volatile after the Austrian government announced a full lockdown from Monday, in response to cases of the COVID-19 outbreak in Europe. The lockdown will include both the vaccinated and the unvaccinated, it will last a minimum of 10 days, but could be extended for another 10 days.

“The news is hitting European markets hard this morning as fears grow that the virus and restrictions will spread again across the continent,” said Jim Reid, chief economist at Deutsche Bank, adding that “the curve could be the United States “given national vaccination rates than in Europe.

“So while all the headlines are in Europe right now, will the United States be more vulnerable than many European countries throughout the winter? Recent history suggests that the United States has a higher bar for covid economic restrictions, but it also has a lower vaccination rate than their European counterparts, “he added.

Meanwhile, the Nasdaq was boosted by a surge in stocks associated with “home-based” trading that characterized much of 2020. owning assets. Brent crude (CL = F) fell more than 3%, reflecting nervousness that lockdowns will reduce energy demand.

There is no economic data on the calendar. The House of Representatives passed President Joe Biden’s $ 1.75 trillion bill on Friday, but the legislation will be sent to the Senate where negotiations will continue. The bill sets out the Administration’s plans for education, health and the climate.

The appointment of Biden as chairman of the Federal Reserve is also in the spotlight for the markets. Biden told reporters Tuesday to expect the announcement of a Fed presidential candidate in “the next four days.” The White House has not indicated which direction it is leaning, but market participants see two main options: the reappointment of current President Jerome Powell, or the elevation of Fed Governor Lael Brainard.

“So far the market thinks it will be Powell again, but any change would mean they want to hear a reiteration of monetary policy and future expectations, ”Sonali Pier, CEO and portfolio manager of Pimco, told Yahoo Finance Live on Thursday.

“[That means] shrinking, being at a rate of around $ 10 billion in treasury bills, $ 5 billion in agency MBS, then subsequently seeing rate hikes but not a significant change to be more hawkish, ”he said. added Pier.

As earnings season is underway, shares in Foot locker (FL) lost ground on Friday, even after the shoe and athletic clothing retailer said it expected the problems of global supply chain persist during this quarter. Shares of Intuit (INTU) climbed more than 12% after the financial software firm’s earnings beat analysts’ expectations and raised its revenue forecast for the year 2021 to $ 1 billion.

9:30 a.m. ET: Stocks mixed, technology drives Nasdaq higher

Here’s where the markets were trading shortly after the market opened on Friday:

  • S&P 500 (^ GSPC): -6.33 (-0.13%) to 4,698.21

  • Dow (^ DJI): -214.78 (-0.60%) at 35,656.17

  • Nasdaq (^ IXIC): +39.95 (+ 0.28%) at 16,038.10

  • Crude (CL = F): – $ 1.51 (-1.91%) to $ 77.50 per barrel

  • Gold (GC = F): -4.20 $ (-0.23%) to $ 1,857.20 per ounce

  • 10-year Treasury (^ TNX): unchanged for a yield of 1.6040%

Friday at 7:30 a.m. ET: Equity futures ready for a mixed start

Here’s where the markets were trading on Friday morning:

  • S&P 500 Futures Contracts (ES = F): -11.75 points (+ 0.25%), to 4,689.75

  • Dow Futures (YM = F): -194 points (-0.54%), at 35,619.00

  • Nasdaq Futures (NQ = F): +54.75 points (+ 0.33%) at 16,536.00

  • Raw (CL = F): -2.65 $ (-3.35%) to 76.36 $ per barrel

  • Gold (CG = F): +1 $ 1.90 (+ 0.10%) to $ 1,863.30 per ounce

  • 10-year cash flow (^ TNX): -0.5 bps for a yield of 1.529%

6:28 p.m. ET Thursday: Stock futures open higher

Here’s where the markets were trading on Thursday night:

  • S&P 500 Futures Contracts (ES = F): +0.5 point (+0.11%), at 4,706.50

  • Dow Futures (YM = F): and +33 points (+ 0.09%), at 35,844.00

Nasdaq Futures (NQ = F): +22 points (+ 0.13%) at 16,503.50

A Wall Street sign is visible in front of the New York Stock Exchange (NYSE) in New York, New York, United States on July 19, 2021. REUTERS / Andrew Kelly


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Trade stocks, ETFs, cryptos, etc. https://internetwealthzone.com/trade-stocks-etfs-cryptos-etc/ Wed, 17 Nov 2021 22:30:45 +0000 https://internetwealthzone.com/trade-stocks-etfs-cryptos-etc/ Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. SoFi is a household name in personal finance. The fintech company was started in 2011 to help millennials refinance their student loans, […]]]>

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners.

SoFi is a household name in personal finance. The fintech company was started in 2011 to help millennials refinance their student loans, but has since expanded to all kinds of financial products.

Today, SoFi offers everything from private student loans, personal loans, mortgages, and auto loan refinancing to banking, credit cards, wealth management services, insurance, and investing. In other words, it is apparently one stop shop or all of your money needs.

This review will focus on the investment arm of SoFi, which in itself offers plenty of options for making your money grow. SoFi Invest® is an all-in-one investment platform that gives users the ability to trade stocks, ETFs, cryptocurrencies, and allows users to buy fractions of shares and participate IPOs at IPO prices (before they trade on the stock exchange and the price goes up). SoFi investors also have access to a robo-advisor and tax-efficient IRAs to save for retirement.

Below, Select reviews SoFi Invest’s offerings to give you details about its investment options, features, and fees so you can decide if it’s right for your money.

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Our best picks delivered to your inbox. Buy recommendations that help you improve your life, delivered weekly. Register here.

SoFi Invest Reviews

SoFi Invest®

  • Minimum deposit and balance

    Minimum deposit and balance requirements may vary depending on the investment vehicle chosen. No account minimum for active or automated investing, or for participating in IPOs. $ 5 minimum to own a fraction of a company share. $ 10 minimum to trade crypto

  • Costs

    The fees may vary depending on the chosen investment vehicle. Active investing does not incur any commission fees for trading stocks and ETFs (currency exchange and fund management fees may apply). Automated investing has no management fees

  • Premium

    Download the SoFi app and get up to $ 1,000 when you open an active SoFi Invest® brokerage account. Make your first crypto trade of $ 10 or more and earn $ 10 in bitcoin. SoFi covers up to $ 75 in transfer fees that your brokerage may charge when you transfer an account to SoFi

  • Investment vehicles

  • Investment options

    Stocks, bonds, ETFs, crypto, fractional shares and IPO participation

  • Educational resources

    Investors can create a personal watchlist that tracks their stocks to stay up to date and receive the latest investment news

Advantages

  • Minimum deposit of $ 0 for active and automated investment and IPO participation
  • Ability to trade cryptocurrencies, buy fractional shares and participate in IPOs before being traded on the public market
  • No commission fees for trading stocks and ETFs
  • No management fees for automated investing
  • Variety of bonuses offered
  • SoFi members have access to rate discounts on other SoFi products and exclusive events and experiences, as well as career services and access to financial advisors

The inconvenients

  • Minimum required for fractional shares ($ 5) and crypto trading ($ 10)
  • Currency exchange and fund management fees may apply in the event of an active investment

SoFi Invest investment options

With SoFi Invest®, you can choose stocks, ETFs and fractions of shares yourself, or have a portfolio built for you by a robo-advisor according to your risk tolerance.

Those who go the former can actively invest and profit from SoFi’s commission-free trading in stocks and ETFs (although trading and fund management fees may apply). No commission fees essentially means that SoFi will not charge you for buying or selling these types of securities on its platform.

Split Stocks, offered by SoFi, allow you to acquire an expensive stock without having to purchase an entire stock. As we mentioned above, active SoFi investors can also trade cryptos (like Bitcoin and Ethereum) and buy shares of companies as they go public. Access to the IPO can not only diversify your portfolio, but it’s a benefit historically reserved for institutional investors (i.e. banks) and high net worth individuals.

While SoFi offers investors access to fractional shares, crypto, and IPOs, it does not offer some of the more standard investment options that savers often resort to, such as mutual funds. investment, index funds and bond funds (although you have access to ETFs which can work in a similar way). There are also no options, futures or currency swaps available on the SoFi platform.

If you want a more passive approach to investing, you can do so through SoFi Automated Investing and never pay an account management fee. The robo-advisor platform uses computer algorithms and market data to create and manage your investment portfolio from a wide range of low-cost ETFs. It will create a portfolio based on your risk tolerance, goals and investment schedule, and then automatically rebalance your investments on a quarterly basis.

And if you’re looking to open an IRA for your retirement, SoFi offers Traditional, Roth, SEP, and Rollover IRAs.

Characteristics

Costs

Minimum deposit and balance requirements vary depending on the SoFi investment vehicle you select. There is no minimum account for active or automated investing, or for participating in IPOs.

Active investors can also trade stocks and ETFs without a commission fee, but trading and fund management fees may apply. Passive investors using SoFi’s automated service have no management fees. There is a minimum of $ 5 for owning a fraction of a company’s stock and a minimum of $ 10 for trading crypto. SoFi also charges a markup of up to 1.25% on crypto transactions, at the time of writing.

At the end of the line

Editorial note: Any opinions, analysis, criticism or recommendations expressed in this article are the sole responsibility of the editorial staff of Select and have not been reviewed, endorsed or otherwise approved by any third party.



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Kaisa Units Shares Face Volatility After Trading Resumes https://internetwealthzone.com/kaisa-units-shares-face-volatility-after-trading-resumes/ Tue, 16 Nov 2021 05:08:00 +0000 https://internetwealthzone.com/kaisa-units-shares-face-volatility-after-trading-resumes/ By Clarence Leong The shares of the units of Kaisa Group Holdings Ltd. saw volatility in Hong Kong after trading resumed for the first time since Nov. 5, as investors remained concerned about the indebted real estate developer’s liquidity and ability to repay its debt. Tuesday at noon, Kaisa Capital Investment Holdings Ltd. and the […]]]>
By Clarence Leong

The shares of the units of Kaisa Group Holdings Ltd. saw volatility in Hong Kong after trading resumed for the first time since Nov. 5, as investors remained concerned about the indebted real estate developer’s liquidity and ability to repay its debt.

Tuesday at noon, Kaisa Capital Investment Holdings Ltd. and the property management subsidiary Kaisa Prosperity Holdings Ltd. each plunged more than 13% to HK $ 0.40 and HK $ 13.06, respectively, while Kaisa Health Group Holdings Ltd. jumped 29% to HK $ 0.13.

In separate documents filed on the Hong Kong Stock Exchange on Monday evening, the units said they had not received any financial assistance from their parent company and that “the liquidity problems faced by Kaisa Holdings would not have any significant negative impact “on their operations, which are currently Ordinary.

Kaisa Prosperity said she continues to receive payments for services provided to Kaisa Group subsidiaries and associates, adding that she “has not experienced any significant delay in receiving these payments.”

Revenue from providing these services represented less than half of Kaisa Prosperity’s total revenue for the six-month period ended June, the property management company said.

Trading in Kaisa Group shares has been suspended since November 5, pending the publication of inside information.

Shares of Kaisa Group, one of the Chinese real estate sector’s biggest borrowers in international bond markets, fell to all-time low earlier this month after the company missed a payment on a management product. heritage and said it was facing “unprecedented pressure on its liquidity.”

Kaisa recently said he would speed up asset disposals to meet investor obligations.

Write to Clarence Leong at clarence.leong@wsj.com


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And after? – DBT news https://internetwealthzone.com/and-after-dbt-news/ https://internetwealthzone.com/and-after-dbt-news/#respond Tue, 09 Nov 2021 21:37:11 +0000 https://internetwealthzone.com/and-after-dbt-news/ DiDi Global Inc. [NYSE: DIDI] loss of 0.00% or 0.0 point to close at $ 8.12 with a large trading volume of 15,870,257 shares. The company reports on September 7, 2021 that FINAL DEADLINE: Law firm Schall announces the filing of a class action lawsuit against DiDi Global Inc. and encourages investors with losses greater […]]]>

DiDi Global Inc. [NYSE: DIDI] loss of 0.00% or 0.0 point to close at $ 8.12 with a large trading volume of 15,870,257 shares. The company reports on September 7, 2021 that FINAL DEADLINE: Law firm Schall announces the filing of a class action lawsuit against DiDi Global Inc. and encourages investors with losses greater than $ 1,000,000 to contact the firm.

Schall Law Firm, a National Shareholder Rights Litigation Firm, Announces Class Action Filing Against DiDi Global Inc. (“DiDi” or “the Company”) (NYSE: DIDI) for Breach of Federal Laws on securities.

Investors who bought shares of the Company as part of and / or on the occasion of the Company’s initial public offering made in June 2021 (the “IPO”), or between June 30, 2021 and July 21, 2021 inclusive (the “Recourse Period”), are encouraged to contact the firm before September 7, 2021.

If we look at the average trading volume of 19.19 million shares, DIDI reached a volume of 15,870,257 during the last trading day, which is why the market watchdogs consider the stock to be active.

Here’s what the top stock market gurus are saying about DiDi Global Inc. [DIDI]:

Based on careful, factual analysis from Wall Street experts, the current consensus on the target price for DIDI shares is $ 25.00 per share. Analysis of target price and stock performance is usually carefully considered by market experts, and the current Wall Street consensus for DIDI stock is a recommendation set at 2.00. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means a strong sell, 4 represents a sell, 3 is a hold, and 2 indicates a buy.

Atlantic Equities has estimated DiDi Global Inc. shares, keeping its opinion on the share neutral, with its previous recommendation of July 26, 2021.

The Average True Range (ATR) for DiDi Global Inc. is set at 0.41, with the DIDI share price / sales ratio over the past 12 months being 1.56.

DIDI share trading performance analysis

DiDi Global Inc. [DIDI] fell into the red zone at the end of last week, falling into a negative trend and falling to -4.02.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result above 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent neutral market dynamics. DIDI’s current stock RSI for the last two-week period is set at 46.33, with the RSI for the latest single on the trade reaching 43.99, and the three-week RSI is set at 46.41 for DiDi Global Inc. [DIDI]. The current moving average for the last 50 trading days for this stock is 8.32, while it was recorded at 8.21 for the last week of trading.

DiDi Global Inc. [DIDI]: A deeper dive into fundamental analysis

The operating margin of any stock indicates how profitable the investment would be, and DiDi Global Inc. [DIDI] The stocks currently have an operating margin of -9.73 and a gross margin of +7.91. DiDi Global Inc.’s net margin is currently recorded at -7.42.

DIDI’s total return on capital is now -10.40, given the latest boost, and the company’s return on invested capital is -8.28. In addition, DIDI’s total debt to total capital is recorded at 159.40, with total debt to total assets ending at 138.89.

Reflecting on the efficiency of the company’s workforce, DiDi Global Inc. [DIDI] managed to generate an average of -95,724 $ per employee. The company’s receivables turnover is 19.31 with total asset turnover recorded at a value of 0.95. Equally interesting and compelling is the liquidity data from DiDi Global Inc., with a quick ratio of 2.80 and a current ratio set at 2.80.

An analysis of insider ownership at DiDi Global Inc. [DIDI]

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Positions in shares of DiDi Global Inc. held by institutional investors increased at the end of December and at the time of the December reporting period, where 178 institutional holders increased their position in DiDi Global Inc. [NYSE:DIDI] by approximately 408,249,850 shares. In addition, 13 investors reduced their positions by approximately 1,350,297 shares, while 2 investors held positions with 1,174,373 shares. The mentioned changes place institutional holdings at 408,425,774 shares, according to the latest report filed with the SEC. DIDI stock had 169 new institutional investments for a total of 408,020,375 shares, while 12 institutional investors sold positions of 1,349,404 shares during the same period.


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Son personally lost $ 1.3 billion on SoftBank stock trading https://internetwealthzone.com/son-personally-lost-1-3-billion-on-softbank-stock-trading/ https://internetwealthzone.com/son-personally-lost-1-3-billion-on-softbank-stock-trading/#respond Mon, 08 Nov 2021 09:48:48 +0000 https://internetwealthzone.com/son-personally-lost-1-3-billion-on-softbank-stock-trading/ (Bloomberg) – Masayoshi Son said he personally made $ 1.3 billion on his company’s controversial stock and options investment program. The loss of 150 billion yen for the founder of SoftBank Group Corp. came from his third-party stake in SB Northstar, SoftBank’s vehicle for investing in what he called “highly liquid listed stocks,” including Amazon.com […]]]>

(Bloomberg) – Masayoshi Son said he personally made $ 1.3 billion on his company’s controversial stock and options investment program.

The loss of 150 billion yen for the founder of SoftBank Group Corp. came from his third-party stake in SB Northstar, SoftBank’s vehicle for investing in what he called “highly liquid listed stocks,” including Amazon.com Inc, Microsoft Corp. and Zoom Video Communications inc.

While the vehicle was intended to diversify SoftBank’s liquidity, investments in equity derivatives earned it the nickname “the Nasdaq whale” because of its market-shaking bets. Executives later said that betting didn’t even amount to being a “runner-up.”

Last November, Son was reportedly faced with questions about his personal investment in Northstar, with some pointing to potential corporate governance issues. People familiar with the matter said in December that SoftBank had started to scale back its strategy. Most of the large holdings in listed companies are no longer listed in SoftBank’s earnings, while today’s filing indicated that many of the more controversial derivatives bets were also being closed.

SoftBank Ends Options Bets After Investor Fallout

The deal was a washout for SoftBank as a whole, Son said at a briefing in Tokyo, as his investment came later. He added that the loss had not dissuaded him from continuing to bet with his money, with a personal investment in the company’s Latin American funds being announced today in addition to his investment in Vision Fund 2 – well that he added that he had not yet convinced other managers to invest their money.

“I have a lot of confidence,” he said. “I’m still going to take risks.

© 2021 Bloomberg LP


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