Stock Market Update Wednesday, August 14th, 2019 Well, that was fast… Yesterday stocks rallied on good “trade war news”. But today stocks gave up all of yesterday’s gains and then some. Things were rough at the open and it only got worse.Continue reading
Today was all about tariffs.
The major indices were up big after news that the U.S. will delay tariffs on some Chinese goods until December (originally planned for September 1st).Continue reading
A trading bot or algorithmic trading system is a piece of software that connects to your trading platform(s). Trading Bots are designed to autonomously execute trades (sometimes thousands of round-turns per day) based on preprogrammed trading signals or indicators with the intent of turning a profit.Continue reading
It was a rough start for the week. Stocks opened lower and continued to drop.
Reason: Goldman Sachs said that they don’t expect a U.S.-China deal until after the 2020 presidential election!
“Safe-haven” assets did well today: Gold (GC) jumped 0.6% and finished with its best close in 6 years.
Uber (UBER) finished with its worst close since going public. Down another 7.0%, Uber has struggled since reporting disappointing earnings on Thursday after the close.Continue reading
What is the “Open P&L (Profit And Loss)?” The Open P&L is the profit or loss of your position at the current market price. As the market price of your position (e.g. stock, option, Forex or Cryptocurrency) changes, your Open P&L will change. It is not unusual that your Open P&L can change by several […]Continue reading
The S&P finished the week with a 0.5% loss.
But after last week’s wild ride, you might consider that a good thing! Because at one point, the S&P was down 3.8% and the NASDAQ was down 4.3%!
Here’s what traders are focusing on:
1.) Trade War Tensions and
2.) Safe-haven Investments