The Pandemic’s Day Trading Frenzy

The pandemic has left millions of Americans unemployed and lockdowns have left people at home with little to do. Meanwhile, since a crash in March that rivaled that of 1987, the stock market has rebounded. Last Tuesday, the S&P 500 and Nasdaq closed at record highs. Add all that together, and it’s unsurprising that amateur…

China is in the middle of a day-trading boom, with 2.4 million new investors flooding the market in July

China is in the midst of its own day-trading boom, with more than 2.4 million new investors flooding to the country’s stock market in July, the biggest increase since the 2015 bubble. Bloomberg reported Thursday, citing data from China Securities Depository and Clearing, that the number of new investors opening brokerage accounts hit 2.43 million…

Day Trading: Smart Or Stupid?

Photo credit: BRYAN R. SMITH/AFP/Getty Images Whether it is related to Bitcoin or mainstream stocks, Day Trading is the new “sexy” that gets an inordinate amount of hype.  There are lots of sites that claim to; “turn you into an instant day trader” or promise that, “millions of dollars can be made just investing a…

Apple or Tesla shares for $1: Why fractional trading is either ‘democratizing’ Wall Street — or just dangerous

The upcoming stock splits announced by Apple and Tesla are two high-profile examples of Wall Street capitalizing on the burgeoning interest in fractional shares. The popularity of online day-trading platforms such as Robinhood — which lets users buy as little as $1 worth of a company’s stock — is giving younger and less wealthy investors…

Mark Cuban: ‘Everyone is a genius in a bull market’

Mark Cuban has strong views about what is driving the recent bull market gains, and it is not strong economic fundamentals. Despite the U.S. economy contradicting in the second quarter, the stock market is testing record levels, and that has Cuban worried about the eventual fate of many investors who are new to stock investing.