It is the day we celebrate those men and women who died in military conflict serving the United States. Flags and flowers are placed by soldier’s gravestones from sea to shining sea. There is a country-wide moment of silence at 3pm local time no matter where you are.
Since the onset of the Coronavirus, we are experiencing things never before seen in this lifetime. New norms socially, politically and economically. The stock market is no different.
I don’t think I’ve ever received as many phone calls, emails, or text messages in one day as I did when oil prices went negative last month. I am still catching up with all those folks, which is frankly a welcome task during our continued isolation.
Lately, traders have become fascinated with short selling.
And for most, having the power to bet against a company and make money if the stock plummets is an attractive alternative in a declining market.
As it is Memorial Day and the NYSE and NASDAQ are closed in a day of honour, we thought it would be the right thing to do to give something back to our trading community…
We’re now at the tail end of what has arguably been the most important earnings season ever!
Investors were updated on business trends for the first time since the pandemic shut down the global economy.
Economic shutdown or not, the world still needs a way to process payments. With people shifting away from paying merchants with physical cash, electronic volume is set to skyrocket!