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Gold prices are taking a strong hit this morning in early commodity trading activity as investors remain in risk-on mode amid positive news on the vaccine front including the potential approval of Pfizer’s vaccine in the United Kingdom in a matter of days. Today’s downtick comes after last week’s meltdown, with the price of the…
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We’re now approaching the end of 2020 which has been a volatile year for US stock markets. After plunging in February and March, US markets have not only recovered but scaled new highs. Now, Barclays has come up with the stocks that it forecasts could deliver higher returns in 2021. US stock markets in 2020…
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US stock futures are pointing to a higher open for today’s shortened stock trading session, as vaccine optimism keeps market sentiment on an upbeat tone. Futures of the tech-heavy Nasdaq 100 index (NQ) are leading the uptick today, advancing 0.3% at 12,192 while they accumulate a 2.4% gain since the week started, followed by the…
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If you’re on the hunt for a new brokerage, 101Investing is worth a look. This broker is relatively new on the global scene, but it’s made a splash in the trading community. 101Investing offers 0% commission trading and low spreads, so you can keep more of your profits from every trade. On top of that,…
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Startup electric vehicle company Fisker surged almost 37% yesterday becoming the latest stock to join the rally in electric vehicle stocks. Fisker listed on October 30 this year and began trading at just under $9. Based on yesterday’s closing price of $21.86, Fisker stock has more than doubled since its listing. Electric vehicle stocks Fisker…
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The price of Bitcoin is crashing this morning, only a day after rallying to all-time highs, as the latest seemingly endless bull run takes a breather. Bitcoin is trading 7.7% lower so far today at $17,297 per coin in early cryptocurrency trading activity, as traders appear to be taking some profits off the table after…
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Nikola stock, which gained over 17% in regular session yesterday was trading sharply lower in pre markets today as the company failed to reassure investors that its partnership with General Motors (GM) that was announced earlier this year would go ahead as planned. Nikola stock There are two concerns weighing on Nikola stock. The first…
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Renewable energy stocks have been on a fire this year. Yesterday, FuelCell Energy (FCEL) stock soared over 54% and opened higher today also. To be sure, the rise is not limited to FuelCell Energy only. Tesla soared 6.5% yesterday to a new record high. Tesla stock is up sharply this month after the news that…
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Boeing stock has rebounded sharply this month amid the rally in beaten down stocks on positive vaccine news. The approvals for its grounded 737 Max series aircraft has also supported the rally. Last week, the US Federal Aviation Administration (FAA) gave its approval to Boeing’s 737 fleet. The aircraft was grounded last year after two…
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2020 is turning out to be among the best years for US IPOs. Online gaming platform Roblox, that’s quite popular among children and preteens, filed its IPO yesterday. The total number of IPOs this year is already 396 this year, only one short of what we had in 2000. The IPO boom is not done…
