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All Posts Term: Market News
246 post(s) found

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.

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.

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.

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.

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.

S&P 500 Reaches New High

new-york-skyscrapers

The longest ever bull market run has now been reached with the S&P 500 reaching a new high this afternoon. The market index reached 2873.23, a new high for the overall top 500 companies traded on the American markets. This bull run is now over 3400 days old.I have personally been holding Direxion Daily S&P500 Bull 3X ETF (SPXL) for a couple of years in retirement accounts. They have performed well and at this time are have been much more successful than cryptocurrencies that I hold at Coinbase.

GDP Now

The market is looking at stronger overall growth as illustrated by the GDP Now forecast and the past GDP report. The Atlanta Federal Reserve board is now forecasting 4.3 percent growth in the US for the upcoming third quarter. For the second quarter GDP was reported at 4.1 percent up from a revised 2.2 percent in the first quarter. The next GDP Now forecast comes out on Friday.

Samsung Agrees To Cryptocurrency Payments

CryptoCurrency

The Samsung C&T Corporation recently decided to allow crypto currency payments inside Samsung stores. The program has begun its trial run in the Balkan states of Estonia, Latvia, and Lithuania. Samsung mentioned it might expand this offer to other countries.

The company is currently only using the major cryptocurrencies. The formats currently accepted are Bitcoin, Litecoin, XRP, Ethereum, Steem, and Dash. Other cryptocurrencies might be too minor or volatile to be worth supporting.

Be Smart And Spend Your Cryptocurrency

Be Smart And Spend Your Cryptocurrency

It's Time that You Acknowledge Crypto Currency. No need to be afraid - lots of places now recognize it

FitSmallBusiness.com lists the Best Ways Your Business Can Use Cryptocurrency in 2018.

It is 2018 and by now if you are unaware what Bitcoin or LiteCoin is, your financial research is limited. Cryptocurrency came in with a bang and in recent years there has been an unprecedented surge in its market value. In a matter of 5 years, the value of cryptocurrency went from 1.6 billion US dollars to 300 billion US dollars. In 2017 alone, many businesses start to accept Bitcoin with an increase of 11.4 percent in its acceptance.

Online Purchasing

More people are now making online purchasing by using their cryptocurrency and many retail and online stores now accept payments in cryptocurrency.

Some businesses find themselves uncertain on what to do with the accumulated cryptocurrency. While in some instances the cryptocurrency is converted into cash but it takes few days and fluctuation in cryptocurrency can bring it down in monetary value. The best option is to reinvest the currency back in the business.

FitsmallBusiness.com is a digital publication that has researched extensively on how businesses can spend and reinvest the cryptocurrency they are earning.

A New Bitcoin Exchange From The Winklevoss Twins

Winklevosstwins

Winklevosses' bitcoin exchange gains approval from New York to roll out services

On Monday, the top regulator of financial services in New York announced that it will allow the Gemini Trust Company bitcoin exchange, established by Tyler and Cameron Winklevoss, to provide trading of Zcash - the privacy centered crypto currency. This makes it the only licensed exchange for Zcash in the world.

The Financial Services State Department said that it will also allow Gemini to provide Bitcoin Cash and Litecoin trading and custody services in the near future.

"With shrewd and comprehensive regulatory supervision, the long term expansion and development of the sector will thrive" Maria Vullo, the Financial Services Superintendent, said in an interview.

According to Gemini, Zcash deposits will start to be accepted on May 19, 2018, and trading will commence a few days later.

Investors Feel Bullish When It Comes To Alphabet

350px-Schmidt-Brin-Page-20080520

Market capitalization for Alphabet Inc. peaked at nearly $731 billion, which translates into a share price of around $1,073 for the NASDAQ-traded security. The firm's price-to-sales ratio also outpaced the overall average of the technology segment. Investors have taken the total market capitalization and divided it by the company's sales figures to calculate this ratio.

How GOOG Stock Maintains Value

Alphabet Inc. doesn't offer a traditional dividend in the form of additional shares or any sort of cash payment. In fact, the exchange lists their dividend payout ratio as zero for the last year. The company's shares have traded over a huge range, however, which has helped to make money for investors. Over the last twelve months, GOOG stock has been trading anywhere from around $839 to around $1,187 at any given time.

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