Square (SQ) is the ‘other’ company founded and run by Jack Dorsey, but unlike the much maligned Twitter (TWTR), Square’s mobile payment platform, has enjoyed strong growth and a quick path to profitability.
Much has been written about the current low volatility environment and the possible reasons, from Central Bank intervention, to interconnectivity of global markets and more sophisticated hedging strategies.
The stock market continues to power to new highs with nary a pullback.
The stock market is nothing but bullish.
The financials sector, especially the large money center banks like JP Morgan (JPM) and Citigroup were among the strongest performers following the election with the SPDR Financial (XLE) rallying some 20% in the month after the election.
The big news Monday was ride sharing firm Lyft teaming up with the self-driving driving technology firm Waymo in what was described as a "broad and fluid partnership."
When word came down after the close yesterday the Securities Exchange Commission had approved the listing of two ETFs employing 4x leverage, the response ranged from applause, to concern, to ridicule, and of course the internet being what it is, …
The wave of quarterly earnings reports is hitting a peak with the busiest week of the season - no fewer than 990 companies, 97 of which are part of S&P 500, will be reporting over the next five days.
The past few weeks has seen an increase in broad market volatility as missiles have flown and bombs have been dropped.
A paired position is typically constructed by going long a specific security and simultaneously shorting a related issue.