What Is The Option Chain and Why Is It Important?

So, what is this labyrinth of percentages, dates, and Greek words all packaged into something called ‘The Option Chain’? One look of any Option Chain may at first make your eyes go cross. You can find yourself knee-deep in the wrong set of details if you don’t know what you’re looking for or why. This […]

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Stocks snap 3-day winning streak

Stock Market Update Tuesday, August 20th, 2019 After 3 straight winning days, stocks were due for a pullback. And today was the day. The major indices opened slightly lower, then continued to drop after the open. But stocks rebounded and briefly turned positive right before lunch.

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What Are Trading Bots or Algorithmic Trading Systems?

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.

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Dow drops 390 points – Here’s what you need to know…

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.

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