DISCLAIMER: This article is not financial advice. Who knows what the hell will happen next. UPDATE: THE TRADING APP ROBINHOOD PREVIOUSLY RESISTED PUTTING LIMITATIONS ON STOCKS. HOWEVER ROBINHOOD REVERSED COURSE AND IS NOW LIMITING TRANSACTIONS OF CERTAIN STOCKS INVOLVED IN COORDINATED BUY EFFORTS. If you’ve spent any amount of time on any social media…
It’s been rough for the stock market in the year of COVID-19. A number of stocks in the hospitality, financial and manufacturing sectors have yet to dig themselves out of the hole and reach their pre-COVID highs. The talk of Wall Street is Tesla, just recently added to the S&P 500 Index, that has far…
On August 11th, Tesla announced a 5-for-1 stock split effective on August 31st. What this means is that the value of a Tesla share will divide by 5, while the number of shares multiply by 5. Someone who owns a single share of Tesla right now, valued around $1,500 per share, will instead hold 5…
On Tuesday, Tesla closed at a record high of $1,079.81 per share, reaching a $200 billion market cap. This brings them just shy of Toyota’s market cap which has the largest in the automotive industry. A Twitter thread celebrating the market cap brought up the question if Elon Musk would ever consider a split of…
The downturn in the market from the COVID-19 crisis has spurred younger people to take interest in the stock market, picking up shares for cheap. Many people have flocked to the app Robinhood which has no trading fees, and offers a random free share of stock as a perk for signing up. You can download…
Jason Hopkins The New York Stock Exchange (NYSE) paused trading Monday after stocks plummeted more than 10% over coronavirus concerns, triggering a 15-minute pause in trading. The coronavirus pandemic is still wreaking havoc on the stock market, despite major action by the Federal Reserve to improve investor confidence. The S&P 500 and Nasdaq fell about 9%, and…
Well, isn’t that the question. I suppose it depends on which metrics or experiences a person values more. Comcast is seemingly plagued by a running poor customer service stereotype. Amazon on the other hand has a better customer service reputation overall. I don’t need sources for either of these claims. You know it and I…
I’ll preface this by saying I’m not the guy to be taking financial advice from. But hear me out, because if there’s one thing I know, it’s Japan. The Tokyo 2020 Olympics will bring a huge economic boom to Japan’s tourism industry. This is something you can start investing in now. Which industries will make…
Call me greedy. Call me what you like. I honestly don’t care. It’s not actually as bad as it sounds. I’m not some super smart investor with a big portfolio. In fact I don’t hold that much, which is why you probably shouldn’t be listening to me. But you’re probably going to hear me out…