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All Posts Author: Patrick Stevens
Market NewsTechnology

Tim Grittani Day Trading

TimGrittani

A lot of people settle for day trading to make massive cash loads in a short frame of time. Trading is a business type where being a millionaire in about two to three years is possible. However, most people do not make it. Rather than profits, we watch our savings plummet in a moment. This article is going to educate you about an ordinary young trader who has made a tremendous success.

Who is Tim Grittani?

Tim Grittani is the day trader who managed to invest from $1,500 and reap $4 million in about three years. He was keeping a record of his trades in the environment of profit.ly, where it allows you to import your results straight from the broker. He is among the top-notch winners in the community of profit.ly and among the few traders who have shown a verification of their trades. He shows openly his trade as well as his losses.

Tim Grittani is a student of Timothy Sykes (penny stock trader and trainer born 1981 Orange Connecticut). He is not only a successful trader but also a teacher. He gives answers to questions from the students in the chat room of the trading challenge. Timothy, who is also his friend, has motivated Tim to create a DVD that shows his strategies to the other people who trade or who could be interested in trading. His DVD his created for people who would want to day trade and possess time for watching markets in hours of trading.

Mortgages and Banking

The Best Bank Stocks to Buy in 2019

MorganStanley

Banks are one of the best places to invest your money in, as they are not as affected by the ups and downs of the economy when compared to other businesses. In fact, logically speaking, right after a slump is when banks are of the highest value as they would earn from interests earned of loan payments. Banks are also quite generic when it comes to their services and strategies, so you can pretty much determine how all other banks perform by only studying the trends for one specific bank.

Still not all banks perform at the same rate with each other. With that, here are some of the best bank stocks of 2019 based on their past performances.

Morgan Stanley

Morgan Stanley is one of the major banks on Wall Street that is seen to be on the rise this 2019. It provides multiple services that are doing quite well such as debt underwriting, wealth management advice, and acquisitions services. It has also shown improvements in revenue at the latter part of the previous year and its current low prices are something that can be taken advantage of.

JPMorgan Chase & Co.

JPMorgan Chase is one of the largest banks in the United States and is one of the banks who have thrived despite the most recent financial crisis. It boasts 2.5 trillion US dollars in assets and is partnered with Berkshire Hathaway, which makes us foresee a bright future for this bank in 2019. Add to that its high dividends as well as the leadership of CEO Jamie Dimon and you’ve got one of the best banks that you can invest in.

Citizens Financial Group

Potential investors must take advantage of the low valuations currently being offered by CFG. Trading is currently at 10 times earnings with a P/E ratio of 0.6, this holding company that owns, among other assets, Citizens Bank guarantees dividends of at least 3.4%, making this one of the best bank stocks of 2019 as there’s no way to go but up for the 15 billion US dollar bank.

Technology

Liberty Tax Offers Assistance With Postcard-sized Returns

LibertyTaxSeason

Liberty Tax has helped people file for over two decades, and they're adjusting their services based on the results of a recent IRS survey. According to the study, taxpayers feel that trusted personal experts are among the best sources of information around. That's why they're introducing a new product called Liberty Tax Postcard 2019.

New postcard-sized 1040 forms should be coming out for the 2019 filing season, and experts from Liberty will be doing their best to get everyone used to these innovative sheets.

Connect with a winning team

Market NewsTechnology

Timothy Sykes and His Software to Help You Trade

TimothySykes

Trading isn’t something which can be learned in a day or two. It can take months and years of studying before you can come up with a formula to deliver success in trading. However, it’s also not rocket science as some people would have you believe. And this one fellow, Timothy Sykes, made a handsome amount of $1.65 million just by day trade, and that too while attending University.

Who is Timothy Sykes?
Timothy Sykes is just another man like us and has graduated from Tulane University. Except that, yes, he made $1.65 million in trading small range stocks. In simple terms, Tim Sykes is a cent stocks trader, which is also commonly known as a penny stock trader.
During University, he often used to bunk classes to do day trade. He soon started a small hedge fund called Cilantro Fund Management as well. In 2008, he again invested with a sum of $12,415 and converted it to $90,368 in two years.
Now, he works as an educator. However, he’s particularly active as a financial activist as well.

Day trade Software
Any investment starts with the right education. If you aren’t well aware of how trading works, then the first step is to read and learn. After that, choosing a dependable trading software will also be a key point. A day trade software is something that helps in daily trading of stocks. This software also helps in trading of other financial instruments as well.
Tim Sykes trading software is basically a day trade software which enables you to be better informed about the current market trends, and would also help you make the optimum choices for trading.

Market NewsTechnology

Suretrader Trading Platform Review

Suretrader a division of Swiss America securities Limited, is an online trading platform for traders and investors. This trading platform has a live customer support that is always available to assist where you need help. You can live chat if you want to know your way around the platform. Suretrader offers a 100k demo that helps guide new to trader on the platform before they start spending their money.

Suretrader Demo

This trading platform has been a host to thousands of traders. They have not quit on their customers. Every day there are news and events for clients. There are so many features especially when you first search the website you feel like you can’t comprehend it all until you see a sticker that says 100k demo. They care too much to make sure that you make the right decision when you decide you’re ready to start trading.

Suretrader Platforms

Suretrader has three platforms for traders and investors, suretrader activeWeb, suretrader desktop and suretrader mobile. These platforms make it more flexible for traders since they are not limited to one platform. With over 10000 plus symbols available on these platforms suretrader is one of the best online platforms.

The ease in using this platform is simply unbelievable. Everything is concise and laid out. The presence of the of the live customer support only makes it easier to navigate through the website. What makes sure trader stand out in its niche is the suretrader minimum. You only need $500 to start a suretrader account if you’re a day trader. There is no pattern in the rules and they vary everyday which means you won’t need thousands of dollars to trade the next day. The minimum a trader can have for him to start trading is also $500.

The platform is ad free and you will not be interrupted by an ad you have no interest in viewing. This is definitely a business environment which means you will not be distracted and you will be in the right state of mind when making this business decisions.

Suretrader is safe for all investors and traders to engage in all their businesses such as stock exchange since the trading platform is insured when I visited the FAQ panel I was flabbergasted when I learned that suretrader has liabilities up to $1000,000.00. The FAQ’s are vast typically every question or doubt you might have about engaging the services of suretrader are cleared by the FAQ’s.

Suretrader Minimums

The method of payments especially if you want to add even suretrader minimum amount of $500 there are several payments accepted like credit cards, wire transfers, Neteller, skrill and ACH. All bank transfers are secure and encrypted and you don’t have to worry about someone using your credit card information.

The advantages of using suretrader are many compared to other trading platforms. One of the advantages is their award willing customer support as I mentioned earlier you can live chat, email or call and there will always be a professional ready to help. Another advantage is the 6:1 leverage for day traders and 2:1 for overnight traders. The active online program lets you know when a stock is short or if restrictions apply.

Market NewsTechnology

Data Breaches To Affect Stocks Long Term

comparitech

A recent study discovered that the stock value of 28 companies affected by large data breaches has not performed as well as they might have otherwise. The study lasted several years and determined that the flow of stock prices for these breached companies has been impacted negatively. The total effect for each company ranges from moderate to minimal.

The study was conducted by the research team that stands behind the CompariTech web portal. They only looked at companies that were listed on the New York Stock Exchange (NYSE) and also publicly admitted to very large data breaches. The final criterion was that these breaches occurred within the past three years.

The research team put 28 companies on the list. This includes household names such as Anthem, Experian, Apple, Community Health Systems, Adobe, Dun & Bradstreet, eBay, Global Payments, Home Depot, JP Morgan Chase, Heartland Payment Systems, Health Net, LinkedIn, T-Mobile, Monster, Staples, Sony, TJ Maxx, Target, Under Armour, Yahoo, T-Mobile and Vodafone.

Market NewsTechnology

Tesla Stock Soars After Musk Settles With SEC

Elon Musk taunted the SEC with his tweet "naughty by nature."

The value of Tesla stock has risen over 16% in trading last Monday following Elon Musk's signing of a deal with the SEC on the weekend. The gains on Monday erased the 14% decline of Tesla stock on Friday after the lawsuit was filed late Thursday by the SEC.

The dispute between Musk and the SEC occurred after Musk tweeted on August 7 that he had secured the funding needed to take Tesla private at a price of $420 a share. However, it soon became obvious that the commitment for this funding by the sovereign wealth fund of Saudi Arabia had only been made informally.  

For this reason, on Thursday the SEC filed a suit against Musk charging securities fraud. At first, Musk claimed he was going to fight against the charges, but following the rapid decline of Tesla's stock price, he reconsidered his position and settled the lawsuit on Saturday.

Market News

Insider Buying And Those That Got Caught

ElonMusk

Recent news of Elon Musk, CEO of Tesla and SpaceX, being investigate for Insider Buying has everyone looking for how this could happen and who in the past has been prosecuted for insider trading. It’s usually hedge fund owners that get in trouble for insider trading but there have been others including Martha Stewart, George Soros, and Marylin Star. When someone purchases stock on insider knowledge not available to the public, they can be prosecuted.

Elon Musk

On August 7th of last month, Tesla CEO Elon Musk tweeted that he had secured funding to take the company private from Saudi sources at the price of $420/share. This public announcement caused the price of the stock to climb dramatically (8 percent) before being halted. The problem is that Musk had never made a public announcement about the company in this fashion before. And he could be in trouble if the price per share is inaccurate or all the funding is not actually secured. Look for private investors to sue Musk for his announcement if they feel they lost money because of the public announcement on Twitter.

Martha Stewart

Martha Stewart got in trouble in 2004 for insider trading of ImClone stock and had to serve 5 months in prison with an additional 2 years of supervised time including some home confinement. Stewart sold ImClone stock two days prior to the stock falling 16% after an FDA decision on the biotech’s most important drug. She avoided $45,000 in loses by selling when she did. It was discovered that she acting on advise from a financial advisor who had knowledge of ImClone CEO Sam Waksal (Net Worth $70 million) selling $5 million of the stock. The reason he was selling was unknow at the time. Because she did not know the reason for the trade and did not have company information at her disposal, she was not charged with insider trading. But she obstructed justice during the investigation and was sentence for that crime.

Technology

Gemini Dollars (GUSD) Begin Trading

Winklevoss

The Winklevoss Brothers, Cameron and Tyler, have launched a stable coin today called the Gemini dollar after approval from New York regulators. The brothers are famous for the Gemini trading platform (created 4 years ago) in addition to work with Mark Zuckerberg in the early creation of Facebook (they got a settlement for their work). The coin has the approval of the NYDFS, the NY department of financial services.

The coins will be backed by US dollars, thus creating a coin that is more stable in price then others. This is Gemini’s first cryptocurrency coin. They have in the past tried to get an ETF approved for cryptocurrencies but have been rejected by the SEC. The coin is traded on the Ethereum network with the symbol (GUSD). You can easy convert between UDS and GUSD by depositing money into your Gemini account.

Market News

Everything You Need to Know About Trump’s US-Mexico Trade Agreement

NAFTA

The US and Mexico reached a deal today to replace NAFTA with a new agreement between the US and Mexico. President Trump made the announcement from the White House where he spoke with Mexican President Enrique Pena Nieto on the phone, his negotiating team was present in the US. The deal will help both farmers and manufacturers in America.

Mexico to Purchase US Farm Products

During the announcement, President Trump expressed his view that the agreement includes Mexico purchasing as much farm product from the US as it possibly could.

Replacing NAFTA

NAFTA has been eliminated and this new deal between Mexico and America will last 16 years with 6 year reviews. The Mexican Peso moved 1% higher against the US Dollar when the announcement was made. Several US based companies that could see additional contracts in Mexico also saw their shares rise during the trading day.

Negotiations with Canada Have Not Began

President Trump has held back from negotiating with Canada, preferring to complete talks with Mexico first. Canada wants to make sure any new deal benefits its middle class. Canada appears to be able to join joint talks with the US and Mexico as an additional third party. The work Mexico had to do with the US was more difficult than the inclusion of Canada will be.

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