Mydx stock watch

Share to Twitter Share to Linkedin Topline Markets surged Friday, paring back some of the heavy losses in recent days as investors helped the benchmark S&P 500 stay clear of bear market territory, though stocks are still on track for their sixth consecutive week of losses amid the brutal selloff this year. Key Facts Stocks widely rebounded, paring back some of the heavy losses from earlier in the week: The Dow Jones Industrial Average rose 1.5%, nearly 500 points, while the S&P 500 jumped 2.4% and the tech-heavy Nasdaq Composite 3.8%. Consumer, technology and energy stocks led the broad market rally on Friday, with all 11 sectors in the S&P 500 moving higher despite the index hitting a new low point for 2022 a day earlier. Barring the “epic rally on the final trading day of the week, both the S&P 500 and Nasdaq will put in their sixth straight week of losses today,” one of the longest weekly losing streaks since at least … [Read more...] about Stocks Rebound, Taking A Breather From Selloff—But Markets Are Down For The Sixth Week In A Row

Democratic Connecticut Sen. Richard Blumenthal recently disclosed that an investment fund managed by his wife’s family bought between $1 million and $2 million in tech company stocks, including shares in Intel. Blumenthal’s disclosure came three weeks before a Senate hearing where Intel’s CEO backed legislation handing billions in subsidies to the semiconductor industry. Five days after the hearing, Blumenthal voted in favor of the America COMPETES Act, which grants $52 billion in subsidies to the semiconductor industry. Democratic Connecticut Sen. Richard Blumenthal disclosed in early March that an investment fund managed by his wife’s family purchased between $250,000 and $500,000 worth of Intel stock. A little over three weeks later, he voted for legislation handing billions in subsidies to semiconductor manufacturers that could benefit Intel. The senator’s actions seem to indicate a conflict of interest, congressional watchdogs told The Daily Caller News Foundation. … [Read more...] about Sen. Blumenthal’s Family Splurged On Intel Stock Before He Voted For A Massive Subsidy Bill

Elon Musk It appears Twitter ’s board of directors finally warmed to Elon Musk ’ hostile bid and agreed to a sale but not before it took a severe beating from the Tesla and SpaceX billionaire, Twitter founder Jack Dorsey and other prominent users on their own social network. Musk, who on April 25, 2022, sealed a deal to buy Twitter for US$44 billion, criticized board members for owning almost no shares of the company they oversee. Dorsey, who will step down from his seat on Twitter’s board at the end of his term in May 2022, called it the dysfunction of the company. Conservative politicians derided the board as scared of free speech. Also Read: Elon Musk is the wrong leader for Twitter’s vital mission As experts on corporate governance, we believe this feud raises two important corporate governance questions: What purpose does a board of directors serve? Close Also Read: A timeline of Elon Musk’s takeover of Twitter And does it matter if a … [Read more...] about Elon Musk won’t have a board to watch him when he takes Twitter private does that matter?

The first step to managing finances and investing in the stock market should be taking ownership of the task and one needs to define her goals and the time horizon for the investment, according to Shibani Sircar Kurian, Senior EVP and Head - Equity Research at Kotak Mahindra Asset Management Company. Kurian believes that 2022 would be a year of bottom-up stock picking. "While the market may not be cheap on valuations, some stocks have corrected. We have a slight preference for large-caps over mid- and small-caps given the current valuations in each of the segments," she shares during an interaction with Moneycontrol . Excerpts from the interview: On Mother's Day, what is your great advice to women who are new to the stock market and what are the investment mantras you would want to share with them? I believe that the first step to managing your finances and investing in the stock market would be to ‘take ownership’ of the task. Investing would mean differently for women … [Read more...] about Daily Voice | Shibani Kurian of Kotak AMC shares investment mantras for women

Share to Twitter Share to Linkedin Manuel Blay is editor of TheDowTheory.com , a website that closely tracks the price movements of the Dow Industrials, the Dow Transports and the Dow Utilities, among other indexes. It’s an old-school type of looking at charts that you don’t hear about much when technical analysts gather to compare notes. Blay says you should be paying attention, there’s lots to be learned. I had a chance to ask him some questions about it and here’s how it went: John Navin : Dow Theory is an old form of price chart analysis. Why is it still relevant? Manuel Blay : It is more relevant than ever for three reasons: 1) Because it works. By this, I mean: it cuts drawdowns and outperforms buy and hold. And it performs much better than its trend-following competitors, namely moving averages and breakout systems. 2) Because it was a track record spanning +120 years (for stocks). 3) Because it can be applied to many markets. … [Read more...] about Dow Theory: Is It Still Relevant? Editor Of TheDowTheory.Com Says Yes

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The market is almost flat so far in current calendar year with the Nifty50 rising seven-tenth of a percent, against more than 24 percent jump seen in previous year. Elevated commodity prices due to supply concerns, margin pressure in corporate earnings, Ukraine-Russia crisis, heavy FII outflow, and expected 6-7 rate hikes by Fed this year weighed on the market. The broader markets have also seen similar kind of performance with the Nifty Midcap 100 rising more than a percent and Smallcap 100 index falling nearly 5 percent in 2022. Among sectors, Energy (up 24 percent), Metal (up 20 percent), and Oil & Gas (up 12 percent) were the biggest gainer, followed by Bank, FMCG, and Infra. IT was the biggest loser (down 11 percent), followed by Auto, Pharma and Realty. Stocks have been in … [Read more...] about What should investors do with Adani Green, Sharda Cropchem, Bharat Dynamics and GNFC, which rallied the most in 2022 so far?

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The market fell for the fourth straight session despite positive global cues, though there was smart recovery of 1 percent from the day's low on May 11. The BSE Sensex corrected more than 270 points to 54,088, while the Nifty50 strongly defended psychological 16,000 mark and closed with 73 points loss at 16,167. The broader space was also under pressure with small-caps being hit hard driving the Nifty Smallcap 100 index down nearly 3 percent, while the Nifty Midcap 100 index was down four-tenth of a percent. Technology, auto, and FMCG stocks pulled the market down, whereas banking and financial services stocks capped losses. Stocks that were in action include Gujarat Gas , SRF , and Navin Fluorine International which bucked the trend, and were among the top five gainers in the … [Read more...] about Trade Spotlight | What should you do with Gujarat Gas, SRF, Navin Fluorine International today?

Share to Twitter Share to Linkedin Topline Shares of Twitter plunged on Friday after Elon Musk said he would put his acquisition of the social media company “temporarily on hold,” adding additional confusion to whether a deal will still happen as analysts predict that the Tesla billionaire could be looking for an excuse to back out or renegotiate a lower buying price. Key Facts Twitter’s stock fell roughly 10% on Friday after Musk said he would put his planned $44 billion takeover “ on hold ” until he finds out more about the number of fake and spam accounts on the platform. Musk’s “bizarre” tweet will send the “Twitter circus show into a Friday the 13th horror show,” wrote Wedbush analyst Dan Ives, with “many questions and no concrete answers as to the path of this deal going forward.” The markets are reacting as if he is going to back out of the deal, which could well be a possibility, according to Michael Hewson, chief markets … [Read more...] about Musk Could Try To ‘Get Out’ Of Twitter Acquisition After ‘Troubling’ Decision To Put Deal On Hold: Analysts

- A + A NEW YORK (May 14): Investors are studying an array of indicators for clues about how much further a brutal slide in US stocks could run, with some signs suggesting the tumble in equities may not be over. The S&P 500 extended its decline to nearly 20% from January’s record peak on Thursday before an end-of-week bounce, approaching the cusp of a bear market amid concerns that persistently high inflation will prompt more aggressive US Federal Reserve (Fed) interest rate increases that could undermine the economy. Declines have been even steeper in the tech-heavy Nasdaq Composite, which is down 24.5% year-to-date. Despite those losses, many widely followed indicators do not yet show the pervasive panic, supercharged volatility and outright pessimism that have emerged in past market bottoms, a potentially worrisome signal for those looking to step in and buy on the cheap after the most recent sell-off of stocks. Indeed, stocks ripped higher on Friday (May … [Read more...] about Signs of market bottom elude investors after steep sell-off

The markets are off to a rough start for 2022, with the S&P 500 down about 13.9% from its peak in January, according to data from LPL Financial. Global turmoil, inflation, supply-chain disruption, and the Federal Reserve are all supposedly to blame. The media pundits call moments like these a “correction,” which is typically defined as a broad market drop of greater than 10% but less than 20%, according to Charles Schwab. I’ve always had an issue with that definition. By definition, a correction means the current price for something is incorrect and needs to be “corrected.” Furthermore, it always seems to imply that the price is too high and needs to be corrected lower. As a long-term investor, this doesn’t make much sense. Expanding on our example above, the S&P is down about 14% this year. But since 1980, the average correction per year has been right at 14%. Twelve of the last 21 corrections during that time period resulted in the S&P fully recovering and finishing … [Read more...] about Improving Investor Behavior: Correcting the word “correction”