Market trading – Exarnet http://exarnet.org/ Mon, 06 Dec 2021 20:04:38 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://exarnet.org/wp-content/uploads/2021/10/icon-1-120x120.png Market trading – Exarnet http://exarnet.org/ 32 32 Volatile markets observed this week https://exarnet.org/volatile-markets-observed-this-week/ Sun, 05 Dec 2021 10:20:00 +0000 https://exarnet.org/volatile-markets-observed-this-week/ Trading on the Philippine Stock Exchange is expected to remain volatile as the spread of the Omicron variant of COVID-19 weighs on the market. BDO Unibank Inc.’s Chief Investment Strategies said the Philippine Stock Exchange index would likely trade between 7,000 and 7,200 points in the near term due to the nervous position of investors. […]]]>
Trading on the Philippine Stock Exchange is expected to remain volatile as the spread of the Omicron variant of COVID-19 weighs on the market. BDO Unibank Inc.’s Chief Investment Strategies said the Philippine Stock Exchange index would likely trade between 7,000 and 7,200 points in the near term due to the nervous position of investors. A sustained fall below 6,950 levels will call bears to test the 6,500/6,800 marks. Upcoming stock trades in the market, however, should give investors some confidence in the market. Medilines Distributors Inc., a leading medical equipment distributor in the country, is expected to be listed in the Philippines’ healthcare initial public offering on Tuesday, while Solar Philippines Nueva Ecija Corp ., a unit of Solar Philippines Power Holdings Inc., is expected to list its shares on December 17, 2021. Last week, the PSEi ended down 3.1% to close at 7,055.19 amid concerns over the news. variant of COVID-19. The broader all stocks index also fell 2.1% to 3,790. All sub-indices posted week-over-week declines, led by holding companies (-3.46% ), real estate (-3.24%), industry (-2.96%), and services (1.92%). ). The financial index slipped 1.8 percent while the mining and oil index fell 1.3 percent. Foreign investors were net sellers for the week of 1.8 billion pesos, while the average daily traded value reached 14.6 billion pesos compared to the previous week’s average of 8.8 billion pesos. The Union Bank of the Philippines, which jumped 13% to 97.20 pesos, after the bank was seen as the preferred bidder for consumer and retail banking assets for US banking giant Citigroup Inc. The other major Winners were Converge Information and Communications Technology Solutions Inc., which rose 4.5% to P31.50, and DMCI Holdings Inc., which rose 3.5% to P7.97. The main weekly price losers were Cebu Air Inc., which fell 9.7% to 43.70 P; Jollibee Foods Corp., which fell 8.5 percent to P223; and Ayala Corp., which fell 5.7% to P824. Global stocks ended a volatile week on Friday on a depressed note, ravaged by lingering concerns over the Omicron variant and disappointment over the latest US job growth figures. Latest variant of COVID-19 has been detected in 38 countries, but no deaths have yet been reported, WHO said, as authorities around the world rushed to stem the spread of the heavily COVID-19 strain transferred. “Investors are clearly still concerned about the Omicron variant, despite anecdotal evidence suggesting symptoms are less severe” than initially thought, said Craig Erlam, analyst at Oanda Trading Group. “As the weekend approaches, when we could get more information on the new variety, it’s only natural that we notice more caution. IMF chief Kristalina Georgieva has warned that the latest strain of the virus could slow the global recovery, noting that “a new variant that could spread very quickly may shake confidence.” The Paris, Frankfurt and London stock exchanges all fell. With AFP

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Harte Hanks announces uplisting on Nasdaq Global Market Trading under ticker “HHS” scheduled to start December 1, 2021 – Form 8-K https://exarnet.org/harte-hanks-announces-uplisting-on-nasdaq-global-market-trading-under-ticker-hhs-scheduled-to-start-december-1-2021-form-8-k/ Tue, 30 Nov 2021 13:41:24 +0000 https://exarnet.org/harte-hanks-announces-uplisting-on-nasdaq-global-market-trading-under-ticker-hhs-scheduled-to-start-december-1-2021-form-8-k/ Harte Hanks announces its entry into the global Nasdaq marketTrading under the symbol “HHS” is expected to begin December 1, 2021 AUSTIN, Texas – November 30, 2021 – Harte Hanks, Inc. (OTCQX: HRTH) (the “Company”), one of the world’s leading customer experience companies, today announced that the Company has met strict funding, liquidity and corporate […]]]>

Harte Hanks announces its entry into the global Nasdaq market
Trading under the symbol “HHS” is expected to begin December 1, 2021

AUSTIN, TexasNovember 30, 2021Harte Hanks, Inc. (OTCQX: HRTH) (the “Company”), one of the world’s leading customer experience companies, today announced that the Company has met strict funding, liquidity and corporate governance requirements of the Nasdaq Global Market® (“Nasdaq”), and the Company has been approved for listing on the Nasdaq.

Trading on the Nasdaq is expected to begin when the market opens on December 1, 2021 and the shares will trade under the ticker symbol “HHS”. The Company’s shares will continue to trade on the OTCQX under the symbol “HRTH” until the start of trading on the Nasdaq. Shareholders are under no obligation to take any action following the increase in listing and the change of symbol.

“Listing on Nasdaq marks another important milestone for Harte Hanks,” said Harte Hanks Chairman of the Board, Jack Griffin. “With the expansion of the investor audience, increased access to liquidity and the significant improvement in our financial performance, we are well positioned for future profitable growth. Harte Hanks has traded under the symbol “HHS” for almost 50 years, from its IPO in 1972 until 2020, and the return to a national exchange and this long-standing ticker symbol is an important indication of the progress we are making. have accomplished. ”

President and CEO Brian Linscott added, “Listing on Nasdaq reflects the tremendous progress Harte Hanks has made and will provide an excellent opportunity to expand the company’s institutional shareholder base and strengthen the company’s efforts to create long-term value for shareholders. ”

About Harte Hanks

Harte Hanks (OTCMKTS: HRTH) is a leading global customer experience company whose mission is to partner with customers to provide them with CX strategy, data-driven analytics and actionable insights combined with a transparent program execution to better understand, attract and engage their customers.

Using its unmatched resources and award-winning talents in customer service, fulfillment and logistics, and marketing services, Harte Hanks has a proven track record of delivering results for some of the world’s largest brands, including Bank of America, GlaxoSmithKline, Unilever, Pfizer, HBOMax, Volvo, Ford, FedEx, Midea, Sony and IBM among others. Based in Austin, Texas, Harte Hanks has more than 2,500 employees in offices across the Americas, Europe and Asia-Pacific.

For more information, visit hartehanks.com.

As used herein, “Harte Hanks” or “the Company” refers to Harte Hanks, Inc. and / or its applicable operating subsidiaries, as the context requires. The Harte Hanks logo and name are trademarks of Harte Hanks.

Caution Regarding Forward-Looking Statements

Our press release contains “forward-looking statements” within the meaning of US federal securities laws. All such statements are qualified by this cautionary note, provided in accordance with the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements other than fact historical data are forward-looking and can be identified by words such as “may”, “will”, “hope”, “believe”, “anticipate”, “plan”, “estimate”, “research”, “could”, “a intention ”or words with similar meanings. These forward-looking statements are based on current information, expectations and estimates and involve risks, uncertainties, assumptions and other factors which are difficult to predict and which could cause actual results to vary materially from what is expressed or indicated by forward-looking statements. statements. In this event, our business, financial condition, results of operations or liquidity could be seriously affected and investors in our securities could lose some or all of their investments. These risks, uncertainties, assumptions and other factors include: (a) local, national and international economic and business conditions, including (i) the epidemic of diseases, such as the coronavirus COVID-19 and its new variants, which has reduced travel to and from certain countries and geographies, created supply chain disruptions and shortages, disrupted business operations and reduced consumer spending, (ii) potentially impacting market conditions negative on marketing expenses and (iii) the impact of economic environments and competitive pressures on the financial position, expenses and marketing activities of our customers and prospects; (b) demand for our products and services by customers and potential customers, including (i) the willingness of existing customers to maintain or increase their spending on products and services that are or remain profitable to us, and (ii) our ability to anticipate changes in customer needs and preferences; (c) economic and other business factors that impact the industry verticals we serve, including competition and consolidation of current and potential customers, suppliers and partners in those verticals; (d) our ability to manage and timely adjust our facilities, capacity, workforce and cost structure to effectively serve our customers; (e) our ability to improve our processes and deliver new products and services in a timely and cost effective manner through development, licensing, partnership or acquisition; (f) our ability to protect our facilities from security breaches and other disruption and to protect sensitive personal information of our customers and their customers; (g) our ability to respond to growing concerns, regulation and legal action regarding consumer privacy issues, including evolving requirements for the collection, processing and use of information; (h) the impact of privacy and other regulations, including restrictions on unsolicited marketing communications and other consumer protection laws; (i) fluctuations in fuel prices, paper prices, postal rates and postal delivery schedules; (j) the number of shares, if any, that we can repurchase under our repurchase program; (k) unforeseen developments relating to litigation or other contingent liabilities; (l) our ability to complete planned divestitures and reorganizations, including cost reduction initiatives; (m) our ability to achieve expected tax refunds; (n) the realization of all benefits that may arise from listing the common shares of the Company on the Nasdaq and (o) other factors discussed from time to time in our filings with the Securities and Exchange Commission, including under “Article 1A. Risk Factors ”in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020 which was filed on March 24, 2021. The forward-looking statements contained in this press release are made only as of the date hereof , and we assume no obligation to publicly update any forward-looking statement, even if new information becomes available or other events occur in the future.

Investor Relations Contact:

Rob fink

FNK IR

HRTH@fnkir.com

646-809-4048


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Market business trends: Expect regulatory guidance to accelerate | Katten Muchin Rosenman LLP https://exarnet.org/market-business-trends-expect-regulatory-guidance-to-accelerate-katten-muchin-rosenman-llp/ Fri, 26 Nov 2021 16:22:58 +0000 https://exarnet.org/market-business-trends-expect-regulatory-guidance-to-accelerate-katten-muchin-rosenman-llp/ Gamification tactics and investment advice from social media influencers and chat rooms are just a few of the disruptive technologies and behaviors that are grabbing the attention of regulators in 2021 and forcing them to take a closer look and to react. For the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission […]]]>

Gamification tactics and investment advice from social media influencers and chat rooms are just a few of the disruptive technologies and behaviors that are grabbing the attention of regulators in 2021 and forcing them to take a closer look and to react. For the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC), the question is to what extent this new generation of traders should be allowed to take advantage of these new tools, applications and open exchanges, and how what safeguards need to be in place to protect investors and ensure market integrity? The consensus is that we can expect regulatory guidance to accelerate in 2022.

During the panel on “hot topics” in the market at the annual Katten Financial Markets Litigation and Enforcement Symposium Series, Katten attorneys discussed developments in the field of financial markets. execution and payment order flow, disruptive technology, a new generation of traders and the most controversial activity of the year, the GameStop trading frenzy.

Five points to remember

1. A New Generation of Traders and the GameStop Frenzy

In 2020, a clearing house said it opened six million new accounts, a 137% increase from 2019. One million of those new accounts were Gen Z with an average age of 19. With so many people interested in trading in the market, a significant number of whom are inspired by social media, it’s no surprise that 2021 has brought some unexpected developments. Among them was GameStop’s commercial frenzy fueled by social media platforms and socio-economic nuances.

On Reddit’s Internet discussion board “WallStreetBets,” retail investors reveled that GameStop, a dying breed of brick-and-mortar video game stores, was heavily bypassed in 2020 and vulnerable to a short squeeze. Wanting to “stick” to hedge funds, Wall Street and the “1%”, these new investors encouraged each other to buy the stock and push it higher. The activity caused a massive price spike – up 928% – in the first weeks of 2021 and effectively forced short sellers, including large hedge funds, to pull their short positions and buy stocks. . In turn, the surge has led to unprecedented market volatility and resulted in significant losses for large investors.

Following the rise of GameStop, clearing houses and brokerage firms have started to point the finger at each other. But an October 2021 report released by the SEC after Congressional hearings on the matter concluded that the price spike was actually caused by a large group of individual retail investors drawing inspiration from social media. While the report did not make specific policy recommendations, regulators are likely to respond.

2. The dubious role of “fin-fluenceurs”

Likewise, 2021 has seen a significant increase in the number of social media influencers entering the financial space. In general, social media influencers have established their credibility in a specific industry, have access to a large audience, and can persuade others to act on their recommendations. While influencers have been around for a while, financial influencers are quite new.

The “Fin-fluencer” social media activity spans the gamut of upside stocks and how to get rich quick, from sharing educational material to personal stories. On the bright side, some believe fin-fluencers fill a gap in financial literacy, despite the lack of formal qualifications for the most part. On the other hand, there is a lack of transparency regarding the risks associated with the products and the investment strategies they recommend and the potential of pumping and dumping systems.

Additionally, with the growth of the influence of fins, more and more companies are adding them to their marketing mix. There is no better way to reach the new generation of marketers than through social media. Businesses and brokers use (and pay) fin-fluencers to talk about stocks and services on their behalf. Regulators are now looking at broker practices and have issued requests for information, asking for a detailed history of relationships with influencers, how they first identified them, how they are paid and any SEO deal in which they can be engaged. Investigation letters also give several pages to privacy concerns regarding sharing customer information with influencers. This is certainly an area ripe for further regulation and guidance in the near future.

3. Gamification

Gamification, also known as digital engagement practices, is closely related to financial investment advice and chat room investment advice. Similar to a fitness tracker, investing apps using gamification tactics can track an individual’s trading activity and encourage transactions, send alerts, use rankings, and reward the user with badges when they are achieved certain milestones. The regulatory issues involved are numerous. For example, is an app that encourages an investor to trade considered a broker recommendation under a regulated activity? We expect FINRA and the SEC to issue more guidance on gamification in the near future.

4. Best execution requirements

FINRA 2021 Regulatory Notice 21-23 provided specific guidance on payment for order flow (PFOF) and best execution requirements. One observation is that FINRA places price as the main consideration, above many other criteria, in assessing the quality of workmanship. Meanwhile, SEC Chairman Gary Gensler recently sent a directive to staff to determine if additional best execution requirements or guidelines are needed to promote investor protection, which alludes to possible requirements. additional best execution to come.

5. Payment for the order flow

PFOF, which over time has survived calls for a ban on the practice, has faced a new push that would include rule changes or a total ban on the practice in 2021. Calls for review have followed suit. uproar and volatility in the market created by the GameStop episode. While the connection between the GameStop saga and PFOF is unclear, in October SEC chairman Gensler said the agency was indeed seeking to determine whether PFOF should be changed or banned, with the goal of creating a more competitive market.

The growth in payment size linked to retail order flow will be further examined in 2021. In the first three quarters of 2021, PFOF increased by 41% compared to the same period in 2020. A significant percentage of this increase is related to option trades which increased by more than 25%, largely due to the increase in the number of retail investors. trading options. Regulators fear that brokers will encourage retail investors to enter these complex and risky derivative markets without understanding the risk. Commissioner Gensler suggested that there could be two potential regulations in the near future, one for investment advisers and one for brokers.


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Here are the trading hours for Thanksgiving and Black Friday https://exarnet.org/here-are-the-trading-hours-for-thanksgiving-and-black-friday/ Mon, 22 Nov 2021 04:13:00 +0000 https://exarnet.org/here-are-the-trading-hours-for-thanksgiving-and-black-friday/ U.S. financial markets are closed Thursday for Thanksgiving and will close early on Black Friday. Black Friday, November 26, marks the official start of the holiday shopping season, with many retailers including Macy’s Inc. M, -2.71% and Walmart WMT, +1.68% – offering great deals for those looking for holiday gifts. The Intercontinental Exchange Inc. ICE, […]]]>

U.S. financial markets are closed Thursday for Thanksgiving and will close early on Black Friday.

Black Friday, November 26, marks the official start of the holiday shopping season, with many retailers including Macy’s Inc. M,
-2.71%
and Walmart WMT,
+1.68%
– offering great deals for those looking for holiday gifts.

The Intercontinental Exchange Inc. ICE,
-0.24%
– owned by the New York Stock Exchange and Nasdaq NDAQ,
-0.04%
will close at 1:00 p.m. Eastern time on Friday, while the Securities Industry and Financial Markets Association recommends a 2:00 p.m. Eastern time closure for Treasury markets, such as those that trade the 10-year Treasury TMUBMUSD10Y,
1.629%.
However, there is no early market closure on Wednesday, the day before Thanksgiving in the United States.

Major U.S. stock traders – the NYSE, American Stock Exchange, and Nasdaq – initially called for a 2 p.m. Eastern time on the Friday after Thanksgiving in 1992, two hours earlier than the closing bell. normal 16 hours. But the following year, the stock exchanges chose to close the markets three hours earlier, at 1 p.m.

Overall, trading activity on the Wednesday before Thanksgiving and the Friday after is generally a fraction of normal, non-holiday trading periods. The lack of volume around the holidays makes sense, given that Thanksgiving is typically the busiest travel day of the year, according to the U.S. Department of Transportation.

On Black Friday, metals such as GC00 gold,
+ 0.08%
will settle at 12:30 p.m. EST, and U.S. crude oil CL.1,
-1.08%
will settle at 1:30 p.m.

So how does the market tend to behave during this holiday period? The folks at Bespoke Investment Group say that stock markets, such as the S&P 500 SPX Index,
-0.32%,
have done quite well. However, some strategists are predicting a certain degree of volatility that could hit the Nasdaq Composite COMP,
-1.26%
out of its record roost and deepen a crisis for the blue-chip Dow Jones Industrial Average DJIA,
+ 0.05%.


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GAEGF) improves market trading, shareholders must approve proposed transaction in upcoming vote https://exarnet.org/gaegf-improves-market-trading-shareholders-must-approve-proposed-transaction-in-upcoming-vote/ https://exarnet.org/gaegf-improves-market-trading-shareholders-must-approve-proposed-transaction-in-upcoming-vote/#respond Fri, 05 Nov 2021 13:32:26 +0000 https://exarnet.org/gaegf-improves-market-trading-shareholders-must-approve-proposed-transaction-in-upcoming-vote/ Gage (CSE: GAGE) (OTCQX: GAEGF), a leading premium cannabis brand and operator in Michigan, took an important milestone today: the company began trading on the OTCQX exchange. The company announced that it was exiting the pink market and using the same ticker symbol, GAEGF. The subordinate voting shares of Gage will continue to trade on […]]]>

Gage (CSE: GAGE) (OTCQX: GAEGF), a leading premium cannabis brand and operator in Michigan, took an important milestone today: the company began trading on the OTCQX exchange. The company announced that it was exiting the pink market and using the same ticker symbol, GAEGF. The subordinate voting shares of Gage will continue to trade on the CSE market under the symbol GAGE. The company noted that the move provides seamless trading, visibility and accessibility, while allowing investors with a leading U.S. public market to research and trade its shares. The OTCQX market is a top tier market, with over 11,000 securities traded in the United States and around the world. Gage is also urging its shareholders to vote at its next special meeting of the company’s shareholders. Selfless members of the company’s board of directors unanimously recommended that shareholders vote in favor of the proposed acquisition by TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF). The special meeting, to be held via live webcast, is scheduled for November 11, 2021 at 10 a.m. ET, with the deadline for shareholder voting being November 9, 2021 at 10 a.m. According to the announcement, the company’s shareholder will vote on the proposed acquisition by TerrAscend Corp., as amended effective October 4, 2021. The company noted that if the vote is positive, when the arrangement goes into effect , shareholders will be entitled to 0.3001 common share of TerrAscend for each subordinate voting company share. We are excited to be upgraded to OTCQX, which allows us to increase visibility and improve liquidity, said Fabian Monaco, CEO of Gage, in the press release. We look forward to continuing to add shareholder value and to execute our exciting growth plans in Michigan and beyond.

For the full press releases, visit https://ibn.fm/lgtaF and https://ibn.fm/Ha3iG

About Gage Growth Corp.

Gage Growth innovates and delivers the highest quality cannabis experiences possible for cannabis consumers in the State of Michigan and markets internationally renowned brands. Through years of progressive industry experience, the company’s founding partners have successfully built and developed operations with federal and state licenses, including cultivation, processing and retail sites. Gage’s portfolio includes city and state approvals for 19 Class C cultivation licenses, 3 processing licenses, and 15 supply centers or dispensaries. For more information, visit the company’s website at www.GageUSA.com.

NOTICE TO INVESTORS: The latest news and updates relating to GAGE ​​are available in the company newsroom at https://ibn.fm/GAGE

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Stock Trading Strategy, Lessons from $ 343,000 Gain: Daniel Chan https://exarnet.org/stock-trading-strategy-lessons-from-343000-gain-daniel-chan/ https://exarnet.org/stock-trading-strategy-lessons-from-343000-gain-daniel-chan/#respond Thu, 04 Nov 2021 06:00:00 +0000 https://exarnet.org/stock-trading-strategy-lessons-from-343000-gain-daniel-chan/ Daniel Chan is a magician who has built some leeway as an investor, especially in tech stocks. In more than five years, his portfolio has returned 258%, which has earned him over $ 343,000. He explained what he learned, including the painful mistake of selling his PayPal stock too early. There are countless ways to […]]]>
  • Daniel Chan is a magician who has built some leeway as an investor, especially in tech stocks.
  • In more than five years, his portfolio has returned 258%, which has earned him over $ 343,000.
  • He explained what he learned, including the painful mistake of selling his PayPal stock too early.

There are countless ways to invest. With so many options and approaches, it’s easy to think that you have to be an expert before you start – and never start.

But Daniel Chan illustrates that learning as you go can be very effective. Over the past five years, he’s built a six-account portfolio that yielded a 258% return, meaning that since March 2016, he had outperformed the S&P 500 by more than 100 percentage points as of November 3 and recorded a gain of $ 343,028.30.

These numbers come from Chan’s Merrill Edge account, which he allowed Insider to log into, and the percentage return is time-weighted, meaning it’s adjusted for the effects of deposits and withdrawals. The account shows that Chan is passionate about tech stocks, but not exclusively a tech investor. Alphabet’s Class A and C shares occupy nearly half of its overall portfolio, or 46%, and Lenovo is the second largest, followed by Apple. Disney and SVP Financial Group are among its major holdings.

Chan, who is a daytime magician, started off with a simple idea that Warren Buffett also preached: Only buy what you know.

“When I buy shares of companies, I buy what I see around me,” he told Insider in an email. “With so many scams, I only invest in companies with business models that I clearly understand.”

He has a second method of gaining this experience, as he often starts out small by buying one or two shares of companies that hire him to work for their employees.

Over time, he says he started reading works by famous investors like Warren Buffett and Benjamin Graham, who was one of Buffett’s main influences. Chan began to create positions based on the dynamics of different industries, looking for companies with main edges on their competition and where he felt the market trends were going.

The best performing of its portfolio based on time weighted returns are Atlassian, Palantir, Cloudflare and Textainer. But his favorite remains the giant who has hired him forty times.

“Google is the best business model in the world, even better than Tesla,” he wrote to Insider. “Even a child can click an ad by mistake – and every time that happens, Google wins $$$. No one buys a car by mistake.” Alphabet shares have gained 246% since it bought in November 2016.

As his comfort level increased, he deepened the company’s earnings reports and mixed his ideas about the competition with an emphasis on fundamentals, in particular the price / earnings and debt / equity ratios which keep its high-growth portfolio in place.

More recently, Chan wrote, he started attending business investor meetings to get ideas from other buyers. He says he’s often “the poorest guy in the room,” but benefits from the perspective of others.

He also developed a trading strategy. Chan says he’s become more aggressive in increasing his positions after the declines, saying he likes to add stocks that have seen massive sell-offs and represent large unrealized gains in his portfolio.

He also started working on reducing his tax bill.

Negotiate in an IRA is the best because there are no tax consequences until you withdraw money from the account, ”he wrote. “It helps you accumulate earnings faster because you avoid the


capital gains

tax, which you would otherwise incur when executing shorter-term trades. “

A chaotic start

It should be noted that Chan’s own investment story begins with a painful experience. He worked at PayPal from 1999 to 2000 and acquired 13 months of stock options. He sold them in 2002 and bought a wallet he thought was safer and better diversified, only to see PayPal stocks continue to soar.

Today, his PayPal stake would be worth around $ 5 million. And one lesson he seems to have learned is not to be in a rush to cash in on a good thing.

As he grew in confidence and watched his portfolio grow, he started making more speculative long-term investments and adding “moonshots”. He says he has invested in a series of companies through the crowdfunding platform Wefunder and through the investment site StartEngine.

“I’m really excited about Graze, Miso Robotics and Irrigreen. There is a big gap and barriers to entry,” he said. New additions include home smart device developer Ryse and on-demand video game streamer GameStar.


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Stock market holidays: BSE, NSE will remain closed these 3 days in November https://exarnet.org/stock-market-holidays-bse-nse-will-remain-closed-these-3-days-in-november/ https://exarnet.org/stock-market-holidays-bse-nse-will-remain-closed-these-3-days-in-november/#respond Mon, 01 Nov 2021 10:08:27 +0000 https://exarnet.org/stock-market-holidays-bse-nse-will-remain-closed-these-3-days-in-november/ The stock markets (ESB and NSE) are open for trading five days a week, Monday through Friday. As the month of November has started, there is some useful information for traders and investors in the stock market. As traders and investors begin to plan their trading strategies in advance, it is important for them to […]]]>

The stock markets (ESB and NSE) are open for trading five days a week, Monday through Friday. As the month of November has started, there is some useful information for traders and investors in the stock market.

As traders and investors begin to plan their trading strategies in advance, it is important for them to know when the exchanges will remain closed.

See Zee Business Live TV Streaming below:

According to the BSE’s stock market holiday schedule, there will be three public holidays in November 2021. The stock market will remain closed on November 4 due to Diwali, November 5 due to Diwali Balipratipada and November 19 due to Gurunanak Jayanti.

However, it can be noted that on November 4, Muhurat Trading will take place and the times for it will be communicated later.

While, for the currency derivatives segment, the interest rate derivatives segment, the new debt segment which is reporting, settlement and trading (NDS-RST) and Tri Party Repo, there will be also three days of trading leave in the month of November 2021, that is to say the month of November. 04, 05 and 19.

For the commodity derivatives segment, there will also be three vacation days namely 04, 05 and 19 November. However, it can be noted that the morning session (9 a.m. to 5 p.m.) will remain closed while the evening session (5 p.m. to 5 p.m.) 11:30 p.m. / 11:55 p.m.) will remain open.


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UPDATE 2-Robinhood Shares Dip Below IPO Price in Aftermarket Trading on Crypto Downturn https://exarnet.org/update-2-robinhood-shares-dip-below-ipo-price-in-aftermarket-trading-on-crypto-downturn/ https://exarnet.org/update-2-robinhood-shares-dip-below-ipo-price-in-aftermarket-trading-on-crypto-downturn/#respond Tue, 26 Oct 2021 20:21:42 +0000 https://exarnet.org/update-2-robinhood-shares-dip-below-ipo-price-in-aftermarket-trading-on-crypto-downturn/ (Add conference call details, quote from CEO) By John McCrank October 26 (Reuters) – Shares of Robinhood Markets Inc fell below their initial after-hours public offering price after the retail broker reported lower-than-expected earnings for the third quarter, levels trading for things like cryptocurrency dogecoin having declined. Robinhood shares fell 9.02% to $ 36.00 after […]]]>

(Add conference call details, quote from CEO)

By John McCrank

October 26 (Reuters) – Shares of Robinhood Markets Inc fell below their initial after-hours public offering price after the retail broker reported lower-than-expected earnings for the third quarter, levels trading for things like cryptocurrency dogecoin having declined.

Robinhood shares fell 9.02% to $ 36.00 after the results were released, below the $ 38 they were listed at when the California-based company went public in Menlo Park, Calif. .

Robinhood, owner of the trading app that was at the center of January’s trading mania for so-called memes stocks, said in August that he expects retail investors to take a break in the third quarter.

In its second round of results as a public company, the company reported total revenue of $ 365 million for the quarter ended Sept. 30, up 35% from the previous year.

Analysts’ consensus estimate was $ 431.38 million in revenue, according to IBES data.

“Looking back at the second quarter, we saw huge interest in crypto, especially the doge, which has led to a large number of new clients joining the platform and record revenues,” said the chief executive of Robinhood, Vlad Tenev, on call with analysts.

“In the third quarter, crypto activity reached record levels, resulting in fewer new funded accounts and lower revenues.”

Last quarter, Robinhood said trading in dogecoin – a memes-inspired cryptocurrency – accounted for 62% of its cryptocurrency trading volume.

Income from stock trading fell 27% to $ 50 million.

Revenues based on cryptocurrency transactions rose 860% to $ 51 million from a year ago, but were well below their second quarter highs, Robinhood said.

A retail slowdown, one of the defining trends in the pandemic era, comes as the rollout of vaccines in the United States has helped the country ease restrictions and resume sports and other activities. (Reporting by Noor Zainab Hussain in Bengaluru and John McCrank in New York; Editing by Arun Koyyur and Sonya Hepinstall)


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Robinhood shares drop below IPO price in after-market trading on crypto downturn By Reuters https://exarnet.org/robinhood-shares-drop-below-ipo-price-in-after-market-trading-on-crypto-downturn-by-reuters/ Tue, 26 Oct 2021 07:00:00 +0000 https://exarnet.org/robinhood-shares-drop-below-ipo-price-in-after-market-trading-on-crypto-downturn-by-reuters/ © Reuters. FILE PHOTO: The Robinhood Markets, Inc. logo is seen during a pop-up event on Wall Street following the company’s IPO in New York, United States, July 29, 2021. REUTERS / Andrew Kelly By John McCrank and Noor Zainab Hussain (Reuters) – Shares of Robinhood Markets Inc fell below their initial public offering price […]]]>

© Reuters. FILE PHOTO: The Robinhood Markets, Inc. logo is seen during a pop-up event on Wall Street following the company’s IPO in New York, United States, July 29, 2021. REUTERS / Andrew Kelly

By John McCrank and Noor Zainab Hussain

(Reuters) – Shares of Robinhood Markets Inc fell below their initial public offering price in after-hours trading on Tuesday after the retail broker reported lower-than-expected earnings for the third quarter, with lower trading levels for cryptocurrencies like dogecoin.

Robinhood (NASDAQ 🙂 shares fell 8.77% to $ 36.10 after the results were released, below the $ 38 they were listed at when the California-based Menlo Park company went public, in California, and well below the $ 85 they hit in August.

Robinhood, who owns the app that was at the center of the January trading mania for so-called meme stocks, said in August that he expected retail investors to take a hiatus https: // www. reuters.com/technology/robinhood-revenue-more -than-doubles-crypto-trading-boom-2021-08-18 in the third quarter.

The retail slowdown, one of the most significant market trends of the COVID-19 era, comes as vaccine deployments in the United States have allowed the country to ease pandemic restrictions and resume activities like sports and other entertainment.

“Looking back at the second quarter, we saw huge interest in crypto, especially the doge, which has led to a large number of new clients joining the platform and record revenues,” said the chief executive of Robinhood, Vlad Tenev, on call with analysts.

“In the third quarter, crypto activity reached record levels, resulting in fewer new funded accounts and lower revenues.”

Last quarter, dogecoin trading – a token that started out as a joke – accounted for 62% of Robinhood’s cryptocurrency trading volume.

Crypto revenue rose 860% from a year ago to $ 51 million, but was 78% below its second quarter level, Robinhood said.

Equity trading income fell 27% from a year ago to $ 50 million.

Total revenue increased 35% from the previous year to $ 365 million.

Analysts had expected revenue of $ 431.38 million, according to IBES data.

Robinhood said it has 22.4 million funded accounts, down slightly from last quarter but up 96.5% from a year earlier.

The retail slowdown continued into the current quarter, Robinhood said.

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Robinhood Shares Dip Below IPO Price in Aftermarket Exchanges Amid Crypto Slow https://exarnet.org/robinhood-shares-dip-below-ipo-price-in-aftermarket-exchanges-amid-crypto-slow/ Tue, 26 Oct 2021 07:00:00 +0000 https://exarnet.org/robinhood-shares-dip-below-ipo-price-in-aftermarket-exchanges-amid-crypto-slow/ By John McCrank and Noor Zainab Hussain (Reuters) – Shares of Robinhood Markets Inc fell below their initial public offering price in after-hours trading on Tuesday after the retail broker reported lower-than-expected earnings for the third quarter, with lower trading levels for cryptocurrencies like dogecoin. Robinhood shares were down 8.77% to $ 36.10 after the […]]]>

By John McCrank and Noor Zainab Hussain

(Reuters) – Shares of Robinhood Markets Inc fell below their initial public offering price in after-hours trading on Tuesday after the retail broker reported lower-than-expected earnings for the third quarter, with lower trading levels for cryptocurrencies like dogecoin.

Robinhood shares were down 8.77% to $ 36.10 after the results were released, below the $ 38 they were listed at when the California-based company in Menlo Park, Calif., Went public and well below the $ 85 they reached in August.

Robinhood, who owns the app that was at the center of the January trading mania for so-called meme stocks, said in August that he expected retail investors to take a hiatus https: // www. reuters.com/technology/robinhood-revenue-more -than-doubles-crypto-trading-boom-2021-08-18 in the third quarter.

The retail slowdown, one of the most significant market trends of the COVID-19 era, comes as vaccine deployments in the United States have allowed the country to ease pandemic restrictions and resume activities like sports and other entertainment.

“Looking back at the second quarter, we saw huge interest in crypto, especially the doge, which has led to a large number of new clients joining the platform and record revenues,” said the chief executive of Robinhood, Vlad Tenev, on call with analysts.

“In the third quarter, crypto activity reached record levels, resulting in fewer new funded accounts and lower revenues.”

Last quarter, dogecoin trading – a token that started out as a joke – accounted for 62% of Robinhood’s cryptocurrency trading volume.

Crypto revenue rose 860% from a year ago to $ 51 million, but was 78% below its second quarter level, Robinhood said.

Equity trading income fell 27% from a year ago to $ 50 million.

Total revenue increased 35% from the previous year to $ 365 million.

Analysts had expected revenue of $ 431.38 million, according to IBES data.

Robinhood said it has 22.4 million funded accounts, down slightly from last quarter but up 96.5% from the previous year.

The retail slowdown continued into the current quarter, Robinhood said.

(Reporting by Noor Zainab Hussain in Bengaluru and John McCrank in New York; Editing by Arun Koyyur and Sonya Hepinstall)


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