Month: May 2021

1 Top 5G Play to Consider Post-Earnings

The pandemic has been both good and bad for telecommunications stocks. Indeed, this pandemic has been a difficult one for investors to assess for telecom stocks. On one hand, customers have relied heavily on high-speed internet connectivity to comply with work-from-home norms. On the other hand, telecom companies have...
Read More

1st Tesla and Now China: Is Bitcoin Finished?

Bitcoin has been taking a beating lately. After Elon Musk announced that Tesla would stop accepting BTC, the world’s largest crypto went into a free fall, declining 32% in price. Much of that decline occurred relatively slowly over the course of a month. But today saw a particularly sharp downturn...
Read More

Beyond Your Geographical Boundary

With any portfolio, it’s important to diversify. That means looking beyond your own backyard. Consider other stocks listed on other exchanges including the Hang Seng Index in Hong Kong or the London Stock Exchange (LSE).2 Going global will give you access to foreign stocks and potentially cheaper alternatives....
Read More

Social Media

The social media industry has also been an attractive target for day trading. The massive influx of online media companies—think Snapchat and Facebook—has been followed by a high trading volume for their stocks. Moreover, debate rages over the capability of these companies to transform their extensive user bases into...
Read More

Financial Services

Financial services corporations provide excellent day trading stocks. Bank of America, for example, is one of the most highly traded stocks per shares traded per trading session.1 Bank of America is a prime candidate for day trading, despite the banking system being viewed with increased skepticism, as the industry...
Read More

Trading Volume and Trade Volume Index (TVI)

Day traders frequently use the trade volume index (TVI) to determine whether or not to buy into a stock. This index measures the amount of money flowing in and out of an asset. The volume of the stock traded is a measure of how many times it is bought and sold...
Read More

High Liquidity and Volatility in Day Trading

In financial markets, liquidity refers to how quickly an asset can be bought or sold in the market. It can also refer to how trading affects the security’s price. Liquid stocks are more easily day-traded and tend to be more discounted than other stocks, making them cheaper. In addition, equity...
Read More

Consider Your Own Position

Just like everything else in your financial life, the stocks you choose for your day trading strategy should be tailored to your goals and your personal situation. After all, there isn’t a one-size-fits-all approach. Consider how much capital you have, what type of investing you’re going to take on,...
Read More

Keep Trading in Perspective

Stay focused on the big picture when trading. A losing trade should not surprise us; It’s a part of trading. A winning trade is just one step along the path to a profitable business. It is the cumulative profits that make a difference. Once a trader accepts wins and...
Read More

Know When to Stop Trading

There are two reasons to stop trading: an ineffective trading plan, and an ineffective trader. An ineffective trading plan shows much greater losses than were anticipated in historical testing. That happens. Markets may have changed, or volatility may have lessened. For whatever reason, the trading plan simply is not...
Read More