China ups scrutiny of tech giants with draft anti-monopoly rules https://www.reuters.com/article/chi...-with-draft-anti-monopoly-rules-idUSKBN27Q0JB Maybe part of the reason why the Chinese tech stocks are down big although tech is weak overall today not just the Chinese one
I am hoping for a pullback too. Tech stocks are already pulling back some, and those recovery sensitive stocks might have legs if we get some more positive vaccine news this month, I think a few companies working on the vaccine will release their data later this month
Bulls holding up well today, may be able to push to new highs soon. The VIX went below the 50 sma a couple days ago. One thing is value is outperforming growth, and the IVW growth fund has a double top forming.
DDOG got hammered after earnings I guess I was lucky to get out at $99.58 yesterday Sounds like LYFT is looking to get into food delivery, I think the market probably will react positively to it but we will see
Looks like sideways trading this week. SPX in lower half of 3510-3650 (right now 3560). NDX just about in the middle of 11500-12300 (right now 11800)
From a charting standpoint, tesla has been consolidating on a one yr look. It seems to me that it is wedging near the bottom of a trend that started in december. I bought a june $405 call yesterday when it dipped below $400. Should have 2 qtr reports by then. I expect great things between now and then.
Amazing! Not even a global pandemic was able to take down this market. Instead it held support levels and waited for light at the end of the tunnel. News of a vaccine and off to new highs!
Tech bouncing back today, looks like the DOW will underperform the other major indexes today after outperforming them all earlier this week
European stock markets continued rising on November 11 58.5% stocks of London Stock Exchange rose and 15% stocks jumped more than 5% 62% stocks of Frankfurt Stock Exhange rose and 15% stocks jumped more than 5%
I sold heavily recently - Monday on the double digit gains. I have two positions remaining out of about 25, SLB and AIG.
Statistical analysis of US and Canada Stock markets and list of today's top 10 stocks 47% stocks of NYSE rose,51% fell 52% stocks of NASDAQ rose,45% fell 65% stocks of TSX rose,28% fell Based on data of 2011 stocks traded on NYSE 46.9% stocks rose,50.6% stocks fell 3.5% stocks jumped more than 5%,3.6% stocks dropped more than 5% 41.4% stocks swang between -1% and 1% NYSE top 10 stocks: Top Moneyflow:: BABA NIO BA PFE SQ SHOP C JPM APD BAC Most active:: NIO GE F CCL ITUB BAC BABA NOK BBD WFC Top gainers:: FVRR 18% JKS 11% BE 10% FICO 9% NVTA 8% SE 8% RH 8% CVNA 8% PINS 7% SHOP 7% Based on data of 2137 stocks traded on NASDAQ 51.9% stocks rose,45.2% stocks fell 8.6% stocks jumped more than 5%,4.7% stocks dropped more than 5% 31.4% stocks swang between -1% and 1% NASDAQ top 10 stocks: Top Moneyflow:: AAPL AMZN TSLA ZM MSFT NVDA FB AMD PTON GOOGL Most active:: SNDL FTEK AAPL AAL AMD SRNE EQ VXRT INTC MSFT Top gainers:: FTEK 64% EQ 45% ARCT 24% VXRT 18% LE 17% ZLAB 14% UPWK 14% CODX 13% NSTG 13% BRKS 12% Based on data of 1167 stocks traded on TSX 65.0% stocks rose,27.9% stocks fell 4.9% stocks jumped more than 5%,2.3% stocks dropped more than 5% 51.2% stocks swang between -1% and 1% TSX top 10 stocks: Top Moneyflow:: TD.TO ENB.TO BNS.TO CM.TO RY.TO BMO.TO CNQ.TO GC.TO SHOP.TO CNR.TO Most active:: SU.TO CNQ.TO TD.TO BNS.TO K.TO MFC.TO GC.TO CVE.TO CPG.TO BTO.TO Top gainers:: GC.TO 35% LNR.TO 16% PL.TO 11% DCBO.TO 11% CWEB.TO 8% FRU.TO 8% BLDP.TO 8% SHOP.TO 7% MRE.TO 7% CCO.TO 5% Based on data of 887 stocks traded on TSXV 29.9% stocks rose,43.6% stocks fell 13.5% stocks jumped more than 5%,22.8% stocks dropped more than 5% 29.3% stocks swang between -1% and 1% TSXV top 10 stocks: Top Moneyflow:: CTS.V ITR.V XBC.V KNT.V ARTG.V BTR.V MTRX.V STC.V DSV.V EMN.V Most active:: KES.V CTS.V HIVE.V IVI.V GRN.V FGC.V ETMC.V GGO.V IGO.V ITR.V Top gainers:: KES.V 20% ETMC.V 17% ZON.V 17% FUND.V 14% EW.V 12% GPV.V 11% GPH.V 10% FNR.V 10% GSPR.V 10% CTS.V 10% Based on data of 250 stocks traded on NYSEMKT 53.6% stocks rose,42.4% stocks fell 7.6% stocks jumped more than 5%,4.0% stocks dropped more than 5% 43.6% stocks swang between -1% and 1% NYSEMKT top 10 stocks: Top Moneyflow:: LNG BTG MYO APT IBIO NGD NG EQX MAG CLM Most active:: MYO NGD NSPR NAK LNG UUUU APT UEC IGC GAU Top gainers:: MYO 19% APT 13% ELMD 11% LCTX 11% UEC 8% CANF 7% UUUU 6% INS 5% DSS 5% LNG 5%
In the Asian markets, as new COVID19 cases resurge rapidly worldwide, more stocks stopped rising and started to fall On November 12, 62% of the stocks in the Tokyo market fell, 46% of the shares in the Hongkon market fell, and 51% of the stocks in the Shanghai and Shenzhen markets fell. Conditions in the Indian market are fair, where 60% of stocks are up. European stock markets stalled and fell as more countries locked down a second time Londong and Frankfurt stock market component indexes fell . 55% and 38% of the stocks in Frankfurt and London markets fell, and 42% and 31% of the stocks swang between -1% and 1% The surge in COVID19 new cases and the risk of presidential transition have sent North American stocks down Based on subset of data (NYSE: 2010 stocks: NASDAQ:2140, TSX:1147) Following the decline in Asian and European stock markets, the US and Canadian stock markets fell. Today, 81%, 71% and 63% of the stocks on the New York Stock Exchange, Nasdaq and Toronto Stock Exchange markets have fallen, respectively. NYSE top 10 stocks: Top Moneyflow:: NIO BABA BA JPM BAC PFE V SQ SNAP C Most active:: NIO CCL GE NOK PFE SNAP WFC BBD XOM T Top gainers:: NIO 12% RNG 7% VIPS 6% FSLY 6% SE 6% SNAP 5% TME 4% TAL 4% KGC 4% CVNA 4% NASDAQ top 10 stocks: Top Moneyflow:: AMZN AAPL TSLA ZM NVDA MSFT PDD FB AMD LI Most active:: AAPL IMAC VXRT PDD TELL SIRI MRNA JD CMCSA ZNGA Top gainers:: IMAC 82% PDD 20% CLNE 17% VXRT 15% ATRA 15% ZCMD 14% GTEC 14% KNDI 11% SSRM 9% GOGO 9% TSX top 10 stocks: Top Moneyflow:: ENB.TO RY.TO TD.TO CNQ.TO SHOP.TO SU.TO BNS.TO MFC.TO BMO.TO MG.TO Most active:: ENB.TO SU.TO ACB.TO CNQ.TO CPG.TO K.TO TD.TO YRI.TO ABX.TO RY.TO Top gainers:: ITP.TO 21% HED.TO 11% SSRM.TO 10% AT.TO 8% SOY.TO 8% TGZ.TO 7% LUG.TO 6% HND.TO 5% K.TO 4% SIL.TO 4%
Deutsche Bank proposes a 5% tax for people still working from home after the pandemic https://www.cnbc.com/2020/11/12/deu...ent-tax-for-remote-workers-post-pandemic.html A Deutsche Bank survey found more than half of workers wanted to continue working from home for the 2-3 days a week after the pandemic. According to the Deutsche Bank Research report, a 5% tax rate on those days on the average salary of a remote worker could raise $48 billion a year in the U.S., £6.9 billion in the U.K. and 15.9 billion euros in Germany. This would cover the costs of grants for people who can’t work from home and are on lower incomes. A research team at Deutsche Bank proposed that people pay a 5% tax for the “privilege” of working from home, if they continue to do so after the pandemic, as this could subsidize income lost by lower-earners due to the coronavirus crisis. Deutsche Bank thematic strategist Luke Templeman said in the investment bank’s Konzept research report, published Tuesday, that a tax on remote workers had been needed for years but “Covid has just made it obvious.” Working from home meant that many people were saving on everyday costs such as travel, lunch, clothes and cleaning, as well as possibly spending less on socializing. However, the report also said it meant remote workers were “contributing less to the infrastructure of the economy whilst still receiving its benefits.” So the guy who wrote the article chose to put assistance for those on lower income as a key point of the story, but when you actually read the story you see that it is to put money in the pockets of bankers, who are shitting bricks seeing businesses stop paying rents to them. The ones who provide the infrastructure this economy "needs"! So it is low income workers that provide the infrastructure of the economy, that's why low income workers are going to get all of this tax? The survey says workers would still go to work 2-3 days a week, so they will still be paying for clothes lol. If I drive less, then I cause less wear and tear to the roads, and help the country in reaching pollution initatives so I expect a tax benefit there. And I have more costs at home now, since I have to run the AC longer, as well upkeep my home computer and microphone and chair/furniture so I need work to compensate me for that. I don't spend any money socializing AT WORK. It's always the billionaires who can't lose anything during a disruption. I have not heard of any banks telling businesses they didn't need to pay rents during the pandemic, since people were forbidden to go to out. They just let the businesses go bankrupt; well how will they find someone to take up that newly-opened rental space?
Global stock markets summary on November 13 Statistical analysis of Asian markets and technical analysis of individual stocks The surge in new cases of COVID19 worldwide has led to further declines in Asian stock markets today 80%, 56% and 54% of the stocks in Tokyo, Hong Kong, Shanghai and Shenzhen markets fell. However, 59% of the stocks in India rose. Technical analysis of top 10 stocks(on my page) Statistical analysis of European markets and technical analysis of individual stocks (2:00 pm) With the record number of new COVID19 cases in more countries/regions, European stock markets stopped a week of soaring and were mixed on Friday 50.6% of the stocks in London stock market rose,33.4% of the stocks fell and 46.8% of the stocks swang between -1% and 1%;48.1% of the stocks in Frankfurt stock market rose and 48.2% of the stocks Technical analysis of top 10 stocks (on my page) Statistical analysis of North American market and technical analysis of individual stocks (7:00pm) US and Canadian stock markets rose today as vaccine optimism offset the negative impact of the surge in new COVID19 cases 83% of the stocks of NYSE rose and 15% of the stocks fell 74% of the stocks of NASDAQ rose and 24% of the stocks fell 65% of the stocks of TSX rose and 26% of the stocks fell NYSE Summary Based on data of 2012 stocks traded on NYSE 82.7% stocks rose,15.2% stocks fell 9.6% stocks jumped more than 5%,0.8% stocks dropped more than 5% 28.7% stocks swang between -1% and 1% NYSE top 10 stocks: Top Moneyflow:: NIO BABA BA DIS CCL PFE JPM V BAC SQ Most active:: NIO GE F BAC NOK PFE BABA VALE BBD WFC Top gainers:: IGT 11% DRH 11% CNK 11% SPR 10% JWN 10% MGM 9% SAVE 9% HST 9% LTHM 8% MPC 8% Golden Crosses: : TDY 3% IPG 3% STT 2% CPT 0% CIT 4% PEAK 4% BX 2% WELL 3% USB 1% SO 1% NASDAQ Summary Based on data of 2144 stocks traded on NASDAQ 73.9% stocks rose,23.9% stocks fell 9.8% stocks jumped more than 5%,2.1% stocks dropped more than 5% 27.7% stocks swang between -1% and 1% NASDAQ top 10 stocks: Top Moneyflow:: AMZN AAPL TSLA LI ZM NVDA PDD MSFT FB GOOGL Most active:: AAPL DKNG INTC AMD APWC PDD JD HOFV KNDI SIRI Top gainers:: UROV 93% APWC 48% HOFV 22% POLA 18% XPEL 14% PDD 13% NTLA 12% SDGR 10% COMM 10% MGNI 9% Golden Crosses: : OZK 3% CRUS 1% BOKF 2% BRKR 3% SBRA 3% FCNCA 3% GTEC 8% NTRS 4% EWBC 1% ONEM -3% TSX Summary Based on data of 1152 stocks traded on TSX 65.2% stocks rose,26.2% stocks fell 4.7% stocks jumped more than 5%,3.0% stocks dropped more than 5% 45.1% stocks swang between -1% and 1% TSX top 10 stocks: Top Moneyflow:: ENB.TO MFC.TO TD.TO RY.TO BNS.TO SU.TO CNR.TO BMO.TO CNQ.TO SHOP.TO Most active:: ENB.TO MFC.TO SU.TO CVE.TO TD.TO K.TO XIU.TO AC.TO VLNS.TO APHA.TO Top gainers:: ACQ.TO 11% CIA.TO 10% WPRT.TO 9% TRQ.TO 8% IBG.TO 8% MAXR.TO 7% OVV.TO 7% ITP.TO 7% CLS.TO 6% IFC.TO 5% Golden Crosses: : MIC.TO -2% GIB-A.TO 1% WEED.TO 3% TSXV Summary Based on data of 954 stocks traded on TSXV 37.4% stocks rose,35.7% stocks fell 18.0% stocks jumped more than 5%,17.9% stocks dropped more than 5% 29.1% stocks swang between -1% and 1% TSXV top 10 stocks: Top Moneyflow:: XLY.V KNT.V GPV.V NLC.V TLT.V XBC.V ETMC.V NOU.V BABY.V ARTG.V Most active:: TLT.V HAWK.V ETMC.V FLT.V IMI.V LAB.V NLC.V EMN.V FNC.V HIVE.V Top gainers:: TLT.V 58% IGX.V 55% KMAX.V 44% EMN.V 39% KIDZ.V 27% GBLT.V 27% ITM.V 25% HEI.V 22% GOE.V 20% EWK.V 19% Golden Crosses: : LBI.V -19% FOM.V 11% FORT.V 0% EMH.V -6% GLD.V 0% GOM.V -9% GBLT.V 27% NYSEMKT Summary Based on data of 245 stocks traded on NYSEMKT 57.6% stocks rose,37.6% stocks fell 9.4% stocks jumped more than 5%,4.1% stocks dropped more than 5% 35.1% stocks swang between -1% and 1% NYSEMKT top 10 stocks: Top Moneyflow:: LNG BTG NAVB APT UAVS IMO NGD CLM IBIO EQX Most active:: NAK NAVB BTG NGD TGB UAVS CEI DHY APT EMAN Top gainers:: NAVB 23% UAVS 11% NOG 10% YCBD 9% WYY 9% AIM 7% XXII 7% PRK 4% SVM 4% OCX 4% Golden Crosses: : WYY 9% CTO -3% SEB -3% UTG 2%
