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Pro Traders React To Robinhood Extending Trading Hours: 'Caveat Emptor'
Wednesday, March 30, 2022 - 10:37am | 693Shares of Robinhood Markets Inc (NASDAQ: HOOD) soared 24.2% on Tuesday after the popular stock trading app announced an extension of trading hours for customers by an additional 6.5 hours per day. What Happened? Robinhood's huge stock gain was its single biggest one-day move since it...
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How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?
Saturday, June 5, 2021 - 8:23am | 579AMC Entertainment Holdings Inc (NYSE: AMC) held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session. Heading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in GameStop...
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Payment For Order Flow Explained: Why Zero-Commission Trades Aren't Really Free
Friday, April 16, 2021 - 9:25am | 713Robinhood’s zero-commission trading model came under scrutiny earlier this year during the WallStreetBets-fueled trading frenzy in GameStop Corp. (NYSE: GME) and other so-called “meme” stocks. The zero-commission model is not a new concept on Wall Street. Here’s how it works...
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'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?
Monday, March 22, 2021 - 6:45pm | 818The recession triggered by the pandemic has been unique compared to recessions of the past. The shutdown of the U.S. economy was voluntary and not triggered by a sharp downturn in economic fundamentals. Buying The Dip: As a result, many investors saw the stock market sell-off last March as a long-...
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DTCC Proposes Shortening US Trading Settlement Cycle To T+1: Here's Why That's Important
Wednesday, February 24, 2021 - 3:15pm | 461In the wake of the temporary market chaos created by the WallStreetBets-fueled short squeeze in GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), BlackBerry Ltd (NYSE: BB) and other so-called meme stocks, major changes could be coming to the way stock trades are settled....
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Market Experts React To GameStop Hearing: 'Congress Needed To Dig Deeper'
Friday, February 19, 2021 - 4:50pm | 607The CEOs of Reddit, Robinhood, Citadel Securities and Melvin Capital testified in front of the House Financial Services Committee on Thursday as part of a Congressional inquiry into extreme volatility in GameStop — and Robinhood’s decision to temporarily limit buying of so-called...
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PreMarket Prep Recap: Making Sense Of A Senseless Market, Finding Support In Delta, PG&E Plunge
Thursday, October 10, 2019 - 3:48pm | 881At the top of Thursday's PreMarket Prep show, the hosts analyzed the schizophrenic after-hours and premarket trading in stock index futures The conclusion: investors are so fixated on the trade war with China that any news, good or bad, true or not, is inducing random and unsustainable...
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How And Why Are Online Brokers Offering Commission-Free Trades?
Sunday, October 6, 2019 - 5:20pm | 716One of the biggest stories on Wall Street recently was the wave of online brokers that eliminated commissions on all stock and ETF trades. Interactive Brokers Group, Inc. (NASDAQ: IBKR), Charles Schwab Corporation (NYSE: SCHW), TD Ameritrade Holding Corp. (NASDAQ: AMTD) and E*TRADE...
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Where Experts Stand On Bitcoin After 40% Plunge
Friday, February 2, 2018 - 10:08am | 976Bitcoin traders were eager to see the end of January, which dragged the cryptocurrency beneath December lows. But the winter blues continue. Bitcoin neared $9,000 Thursday — a rate less than half of the all-time high struck weeks before. Editor's note: Bitcoin's rout continued Friday...
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Commodity, Currency, Security, Or Scam: What Type Of Asset Do You Think Bitcoin Is?
Friday, December 22, 2017 - 9:26am | 1086Bitcoin has been one of the hottest investments on Wall Street in 2017. But with the price of bitcoin up more than 1,600 percent and the Bitcoin Investment Trust (OTC: GBTC) up 1,610 percent year-to-date, bitcoin remains one of the most polarizing investments out there. Investors not only disagree...
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The Bitcoin Regulation Conundrum, Explained
Wednesday, December 20, 2017 - 8:41am | 1063Cryptocurrency is a libertarian's delight. “For people that are incredibly enthusiastic about markets and believe that markets should be the determining governance, crypto is the best place to be, because it is truly controlled by the market itself,” Kris Nelson, COO of Social...
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Nasdaq Threatens SEC Over Competitors' 'Speed Bump'
Thursday, May 19, 2016 - 3:45pm | 639In an increasingly intense standoff by the old school exchanges and the new cabal of electronic communication networks (ECN) against IEX's speed-bump, Nasdaq has threatened to sue the Securities and Exchange Commission, according to Wall Street Journal. IEX has been a thorn in the side of...
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Joe Saluzzi Discusses High Frequency Trading And Volatility
Tuesday, November 24, 2015 - 9:56am | 429Joe Saluzzi was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Saluzzi, partner and co-founder of Themis Trading, discussed several issues during the show, including...
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Themis Trading's Joe Saluzzi Tackles Predatory High-Frequency Trading
Monday, September 22, 2014 - 3:47pm | 591Joe Saluzzi, one of the partners and co-founders of Themis Trading, is a bit concerned about the predatory practices that occur on Wall Street. He chronicled those concerns in a book, "Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street Are Destroying Investor...
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'Investor Behavior' Author Victor Ricciardi Dissects The Psychology of Traders
Tuesday, March 18, 2014 - 9:42am | 530What fuels traders? Why do they buy and sell particular stocks? What inspires them to take some risks while avoiding others at all costs? These are the kinds of questions that Victor Ricciardi, Assistant Professor of Financial Management at Goucher College, attempts to answer in his book, Investor...