The stock market has almost entirely recovered from the Black Friday-Omicron plunge and the price action outlook is beginning to look bullish again, with last Tuesday’s price action showing very strong conviction off the lows from the bulls. Before we move onto assessing what’s coming for this week, let’s take a quick look at […]
Online media group BuzzFeed is now a publicly-traded company after completing a SPAC merger where it fetched just $16.2 million in fresh capital. Shares of the New York-based startup began trading on the Nasdaq stock market on Monday, Dec. 16 under the ticker “BZFD“. BuzzFeed went public after its investors voted in favor of […]
What is Tax Loss Harvesting? Tax loss harvesting is when an investor sells a position at a loss to help offset capital gains tax liabilities at the end of the year. To understand what tax loss harvesting is, let’s create a hypothetical portfolio. It’s December 15, and the following is your portfolio: Here’s […]
If you’re wondering what position trading is, you have come to the right place. Position trading can be appealing for a number of reasons. Stock traders who want to take a hands-on approach to trading may be drawn to the research and various strategies needed to be an efficient position trader. But is position […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
