Do it in the Right Way
Having the most advanced tools for your stock trade is not enough, the role of news cannot be understated. Moreover, having the right information means nothing if you are not able to receive it instantly. With the Proficient Trader App you have free access to the recent news and trends in global financial markets from the most reliable resources, such as Yahoo Finance, CNBC, Forbes, Business Insider, Bloomberg Markets, and the list is growing! After checking news headlines, you may be interested in, with a click of a button, you will be directed to that headline, on that specific website.
All news
Stock Market Update: Budgets, Debts and Transportation Sector!
The key sector to reflect optimism/pessimism about consumers, industrial demand, supply chain issues and the upcoming budget proposals is Transportation and the trading ETF (IYT). The Retail sector improved to start the week....
The 'Dog That Didn't Bark' In Last Week's Fed Statement
The 'Dog That Didn't Bark' In Last Week's Fed Statement...
Higher rates and Washington dysfunction are combining to push the market lower
The market is in the middle of another rise in interest rates, which is causing traders and investors to move a lot of stocks around....
Dow drops 500 points as inflation and debt ceiling fears rattle investors
The US stock market is taking it on the chin again Tuesday, plummeting on worries over sustained high inflation and the ongoing debt ceiling debate in Washington....
Markets Await Fresh Economic Data
Markets Await Fresh Economic Data...
The Fed: Warren calls Powell ‘a dangerous man,' and says she won't vote to give him another four-year term
U.S. Senator Elizabeth Warren on Tuesday called Federal Reserve Chairman Jerome Powell “a dangerous man” and said she would oppose any move by the Biden White House to give him a second four-year term....
Agm Holdings (Agmh.O) Promises $100 Million in Sales for Mining Machines as the Market's Zeal for the Gadgets
Photo by fabio on Unsplash On September 27, AGM Holdings Limited (AGMH.O) reached an agreement with Shenzhen Highsharp Electronics Ltd.. According to the deal, AGMH promises a $100 million sales for mining machines ending March 25, 2022....
Dow Sinks 500 Points As Spiking Treasury Yields Drive Forceful Tech Stock Sell-Off
The tech-heavy Nasdaq has fallen 5% from an all-time high earlier this month....
Markets dip further into the red globally on broad investor selloff
FTSE 100 down 32 points BP and Shell lifted as Brent hits US$80 Dow Jones Industrial Average falls 535 points at midday 5:05pm: Footsie sheds 32 points; FTSE 250 drops 2% at close Global markets continued to decline late Tuesday as inflation concerns eroded investor confidence. The FTSE 100 was unable to gain a foothold on the second trading day of the week, dropping 32 points (0.46%) to close at 7,031....
Tech Sector Leads Tuesday Market Sell-Off: What You Need To Know
The stock market has been witnessing volatility since early September that is threatening to take it to its mid-August lows. Broad-Based Sell-Off Takes Hold: After starting the week on a weak note, stocks were seen extending their losses on Tuesday, led by the tech sector....
US stocks sink midday as Treasury yields climb
12.05 pm: Rising oil prices spark investor inflation and rate hike concerns US stocks fell sharply in noon trading, as the 10-year Treasury yield rose to its highest levels since June following the Federal Reserve's signaled last week it would taper its $120 billion in monthly bond purchases “soon.” At midday, the Dow fell 510 points to 34,360, while the S&P 500 lost 85 points at 4,359 and the tech-heavy Nasdaq dropped 384 points, or 2.6%, to 14,585....
Elizabeth Warren will oppose Fed Chair Powell's renomination, calls him a 'dangerous man'
Democratic Senator Elizabeth Warren announced Tuesday that she will oppose Federal Reserve Chairman Jerome Powell's renomination, making her the highest profile lawmaker to do so....
The S&P May Rise To 5,000 Someday, Just Not Anytime Soon
Valuations are high and need to contract....
U.S. Senate's Warren calls Powell 'dangerous man' to lead the Fed
A top Senate Democrat on Tuesday said she would vote against a reappointment of Jerome Powell as chair of the U.S. Federal Reserve, calling him a "dangerous man" to lead the central bank....
Battery storage funds offer opportunity for high returns as power price volatility remains, says broker
As the use of coal power tails off, imbalances in between supply and demand are expected to drive more power price volatility and returns for battery energy storage systems (BESS) and the funds that specialise in them. Returns of BESS investments for the likes of Gore Street Energy Storage Fund PLC and Gresham House Energy Storage Fund PLC should remain high, analysts at Berenberg predict, given that they depend on the growth of electricity markets and part of their revenues are linked to power price volatility....
Fed Chair Powell warns Congress that inflation could stay high for months
Powell's remarks were part of mandated testimony he must deliver to Congress about the Fed's response to the COVID-19 pandemic and the resulting economic crisis....
Nasdaq falls 2% as surging Treasury yields and inflation concerns drag Big Tech stocks lower
"High-growth stocks tend to underperform when Treasury yields are rising, typically felt the most by the technology sector," an analyst said....
Deep Dive: Only 47 stocks in the S&P 500 have fallen over the past year — Wall Street predicts they will climb up to 54% in 12 months
Stock investors have been on a remarkable ride. But even during a bull market, there are some stocks that pull back, or even plunge....
Fed's Powell says economy is a long way from maximum employment
Federal Reserve Chair Jerome Powell said on Tuesday the U.S. economy is still far from achieving maximum employment, a key component of the central bank's requirements for raising interest rates....
An Income-Focused Solution for a Yield-Challenged Environment
Investors and financial advisors of today are faced with the challenge of historically low interest rates. In addition, corporate bond spreads have returned to pre-pandemic readings and do not offer as much in terms of relative value....
Technically Speaking: Is The Market "Melting-Up?"
Given the Fed's ongoing balance sheet operations, investors fully believe they have protection from a decline....
Senate banking chief plans bill to address Fed officials' stock trades
The head of the U.S. Senate Banking Committee on Tuesday said he plans to introduce legislation that would ban ownership of individual stocks by Federal Reserve officials in the aftermath of revelations that two reserve bank presidents had been active investors....
Panic-buying signs emerge---not selling---in Tuesday trade despite sharp tumble for broader stock market as yields climb
While the Nasdaq Composite Index COMP, -2.18% on Tuesday morning was suffering a decline of more than 2%, market internals suggest investors in the Nasdaq-listed stocks are buying rather than selling stocks. The Arms Index Arms Index, a volume-weighted breadth measure, fell to 0.426, while many on Wall Street see declines below 0.500 as suggesting panic buying....
U.S. consumer confidence falls again in September to lowest since February
U.S. consumer confidence unexpectedly weakened in September as soaring COVID-19 infections deepened concerns about the economy's near-term prospects....
U.S. new vehicle retail sales set to fall 25% in Sept - data
U.S. retail sales of new vehicles are expected to fall nearly a quarter in September, hurt by depleting inventories, even as consumer spending remains strong, consultants J.D. Power and LMC Automotive said in a joint forecast on Tuesday....
Economic Report: U.S. consumer confidence slumps to 7-month low on delta and inflation worries
The numbers: Confidence in the economy fell in September to a seven-month low owing to the fast spread of delta and a bout of high inflation that's raised the cost of new cars, appliances and other popular products....
Are Mutual Funds Going To Fund The Market's Last Round Before The Fed Closes The Bar?
The race toward the Fed's taper start deadline took an interesting turn last week. Unless the market's playbook has been permanently rewritten and higher interest rates are no longer the bane for higher stock prices, the bull market may now be living on borrowed time....
Treasury Yields Hit Highest Level Since June, Weighing On Tech Sector In Particular
Technology stocks came under heavy selling pressure early Tuesday as investors looked at a combination of uncertainty on Capitol Hill coupled with all but the certainty that borrowing costs will increase. The yield on the benchmark 10-year note jumped more than 5 basis points to the top 1.54%, its highest level since June....
David Herro on Where He Sees Value in Reopening Economy
Appearing on CNBC's “Closing Bell” on Monday, Oakmark Funds' David Herro (Trades, Portfolio) discussed the sectors he believes will deliver strong returns....
David Herro Discusses Where He Sees Value in Reopening Economy
Appearing on CNBC's “Closing Bell” on Monday, Oakmark Funds' David Herro (Trades, Portfolio) discussed the sectors he believes will deliver strong returns....
Janet Yellen just put a date on when the US default on its debt: October 18
On Monday night, Senate Republicans struck down a bill that would have raised the debt ceiling and prevented a government shutdown....
US benchmarks start Tuesday lower as bond yields spike
9.47am: US benchmarks start in the red US benchmarks started in the red on Tuesday, as expected, as high bond yields spooked investors. The Dow Jones Industrial Average fell over 96 points at 34,773, while the broader based S&P 500 lost over 35 points at 4,407....
Uncertainty On Capitol Hill, Spike In Energy Prices Help Make For Choppy Markets
Tech stocks were lower and Treasury yields higher as markets look to the Fed and Capitol Hill for answers about higher borrowing costs and the debt ceiling....
The energy crunch is roiling markets
Energy prices are skyrocketing around the world, with major consequences for markets as investors worry about the state of the economic recovery....
Yellen Warns Treasury Stands To Run Out Of Cash On October 18—Causing ‘Serious Harm' To Business
Meanwhile, lawmakers still haven't appropriated funds to avoid a government shutdown on Friday....
US stocks tumble as Powell warns of more inflation and Treasury yields hit 3-month high
Mega-cap tech stocks like Apple and Microsoft extended their two-day decline to more than 2% as US Treasury yields surged....
Market Pulse: Dow at risk of snapping 4-session win streak, tech stocks hammered as 10-year Treasury pops above 1.5%
U.S. stock benchmarks on Tuesday were under selling pressure, putting in jeopardy a four-session string of gains for the Dow industrials, as interest-rate sensitive technology stocks were hammered by a rise in yields....
Dry Bulk's Outlook Growing Even More Bullish - Super-Cycle Forming
A low orderbook is set to combine with unprecedented global infrastructure spending. seen this movie before....
Congress must raise or suspend debt limit by Oct. 18, Yellen says
Treasury Secretary Janet Yellen said Tuesday that the Treasury Department is likely to exhaust extraordinary measures to keep from defaulting on its debt if Congress has not acted to raise or suspend the debt limit by Oct. 18. "At that point, we expect Treasury would be left with very limited resources that would be depleted quickly," Yellen said in an update sent to Congressional leaders....
Options Trading Hits Record Highs, Triggering Volitilty Concerns
Options have soared in popularity among retail investors, triggering concerns over heightened market volatility....
Economic Report: Home prices rise at record pace for fourth consecutive month, but economists aren't worried about the housing market just yet
The numbers: Home prices in virtually every major metropolitan area across the nation have hit a new record high, but economists say that the pace of price growth isn't inherently a cause for concern....
Congress must raise the debt limit by Oct. 18, Treasury Secretary Yellen warns in new letter as potential default looms
Treasury Secretary Janet Yellen said that Congress has until Oct. 18 to address the looming debt ceiling and avoid economic calamity....
S&P 500 Companies That Overstated EPS By 60%+ In 2Q21
See five S&P 500 companies with overstated Street Earnings and a very unattractive stock rating....
Regional Fed Presidents Step Aside Amid Trading Backlash
Two regional Federal Reserve officials announced Monday that they are stepping down following mounting scrutiny over their trading activity....
U.S. goods trade deficit increases in August
The U.S. trade deficit in goods increased in August amid a rise in imports as businesses replenished depleted inventories, suggesting trade could again be a drag on economic growth in the third quarter....
U.S. trade deficit in goods widened in August
The numbers: The U.S. trade deficit in goods rose in August and stood near a record high, as retailers imported more consumer goods ahead of the holiday shopping season....
Yellen says Delta slowing recovery, urges Congress to raise U.S. debt limit-testimony
U.S. Treasury Secretary Janet Yellen told senators on Tuesday that the United States should return to full employment next year despite headwinds from the coronavirus Delta variant and again urged Congress to quickly lift the federal debt limit....
Exclusive-Fed's Bullard: More aggressive Fed stance best to ensure longer expansion
The Federal Reserve should let its roughly $8 trillion balance sheet shrink next year as soon as it winds down a bond purchase program, St. Louis Federal Reserve president James Bullard said, cautioning high inflation may require more aggressive steps by the central bank including two interest rate hikes in 2022....
Zacks Investment Research
Markets Await Fresh Economic Data
Markets Await Fresh Economic Data...
Seeking Alpha
The 'Dog That Didn't Bark' In Last Week's Fed Statement
The 'Dog That Didn't Bark' In Last Week's Fed Statement...
The S&P May Rise To 5,000 Someday, Just Not Anytime Soon
Valuations are high and need to contract....
Technically Speaking: Is The Market "Melting-Up?"
Given the Fed's ongoing balance sheet operations, investors fully believe they have protection from a decline....
Are Mutual Funds Going To Fund The Market's Last Round Before The Fed Closes The Bar?
The race toward the Fed's taper start deadline took an interesting turn last week. Unless the market's playbook has been permanently rewritten and higher interest rates are no longer the bane for higher stock prices, the bull market may now be living on borrowed time....
Dry Bulk's Outlook Growing Even More Bullish - Super-Cycle Forming
A low orderbook is set to combine with unprecedented global infrastructure spending. seen this movie before....
See It Market
Stock Market Update: Budgets, Debts and Transportation Sector!
The key sector to reflect optimism/pessimism about consumers, industrial demand, supply chain issues and the upcoming budget proposals is Transportation and the trading ETF (IYT). The Retail sector improved to start the week....
Reuters
U.S. Senate's Warren calls Powell 'dangerous man' to lead the Fed
A top Senate Democrat on Tuesday said she would vote against a reappointment of Jerome Powell as chair of the U.S. Federal Reserve, calling him a "dangerous man" to lead the central bank....
Fed's Powell says economy is a long way from maximum employment
Federal Reserve Chair Jerome Powell said on Tuesday the U.S. economy is still far from achieving maximum employment, a key component of the central bank's requirements for raising interest rates....
Senate banking chief plans bill to address Fed officials' stock trades
The head of the U.S. Senate Banking Committee on Tuesday said he plans to introduce legislation that would ban ownership of individual stocks by Federal Reserve officials in the aftermath of revelations that two reserve bank presidents had been active investors....
U.S. consumer confidence falls again in September to lowest since February
U.S. consumer confidence unexpectedly weakened in September as soaring COVID-19 infections deepened concerns about the economy's near-term prospects....
U.S. new vehicle retail sales set to fall 25% in Sept - data
U.S. retail sales of new vehicles are expected to fall nearly a quarter in September, hurt by depleting inventories, even as consumer spending remains strong, consultants J.D. Power and LMC Automotive said in a joint forecast on Tuesday....
U.S. goods trade deficit increases in August
The U.S. trade deficit in goods increased in August amid a rise in imports as businesses replenished depleted inventories, suggesting trade could again be a drag on economic growth in the third quarter....
Yellen says Delta slowing recovery, urges Congress to raise U.S. debt limit-testimony
U.S. Treasury Secretary Janet Yellen told senators on Tuesday that the United States should return to full employment next year despite headwinds from the coronavirus Delta variant and again urged Congress to quickly lift the federal debt limit....
Exclusive-Fed's Bullard: More aggressive Fed stance best to ensure longer expansion
The Federal Reserve should let its roughly $8 trillion balance sheet shrink next year as soon as it winds down a bond purchase program, St. Louis Federal Reserve president James Bullard said, cautioning high inflation may require more aggressive steps by the central bank including two interest rate hikes in 2022....
Proactive Investors
Markets dip further into the red globally on broad investor selloff
FTSE 100 down 32 points BP and Shell lifted as Brent hits US$80 Dow Jones Industrial Average falls 535 points at midday 5:05pm: Footsie sheds 32 points; FTSE 250 drops 2% at close Global markets continued to decline late Tuesday as inflation concerns eroded investor confidence. The FTSE 100 was unable to gain a foothold on the second trading day of the week, dropping 32 points (0.46%) to close at 7,031....
US stocks sink midday as Treasury yields climb
12.05 pm: Rising oil prices spark investor inflation and rate hike concerns US stocks fell sharply in noon trading, as the 10-year Treasury yield rose to its highest levels since June following the Federal Reserve's signaled last week it would taper its $120 billion in monthly bond purchases “soon.” At midday, the Dow fell 510 points to 34,360, while the S&P 500 lost 85 points at 4,359 and the tech-heavy Nasdaq dropped 384 points, or 2.6%, to 14,585....
Battery storage funds offer opportunity for high returns as power price volatility remains, says broker
As the use of coal power tails off, imbalances in between supply and demand are expected to drive more power price volatility and returns for battery energy storage systems (BESS) and the funds that specialise in them. Returns of BESS investments for the likes of Gore Street Energy Storage Fund PLC and Gresham House Energy Storage Fund PLC should remain high, analysts at Berenberg predict, given that they depend on the growth of electricity markets and part of their revenues are linked to power price volatility....
US benchmarks start Tuesday lower as bond yields spike
9.47am: US benchmarks start in the red US benchmarks started in the red on Tuesday, as expected, as high bond yields spooked investors. The Dow Jones Industrial Average fell over 96 points at 34,773, while the broader based S&P 500 lost over 35 points at 4,407....
New York Post
Fed Chair Powell warns Congress that inflation could stay high for months
Powell's remarks were part of mandated testimony he must deliver to Congress about the Fed's response to the COVID-19 pandemic and the resulting economic crisis....
Market Watch
The Fed: Warren calls Powell ‘a dangerous man,' and says she won't vote to give him another four-year term
U.S. Senator Elizabeth Warren on Tuesday called Federal Reserve Chairman Jerome Powell “a dangerous man” and said she would oppose any move by the Biden White House to give him a second four-year term....
Deep Dive: Only 47 stocks in the S&P 500 have fallen over the past year — Wall Street predicts they will climb up to 54% in 12 months
Stock investors have been on a remarkable ride. But even during a bull market, there are some stocks that pull back, or even plunge....
Panic-buying signs emerge---not selling---in Tuesday trade despite sharp tumble for broader stock market as yields climb
While the Nasdaq Composite Index COMP, -2.18% on Tuesday morning was suffering a decline of more than 2%, market internals suggest investors in the Nasdaq-listed stocks are buying rather than selling stocks. The Arms Index Arms Index, a volume-weighted breadth measure, fell to 0.426, while many on Wall Street see declines below 0.500 as suggesting panic buying....
Economic Report: U.S. consumer confidence slumps to 7-month low on delta and inflation worries
The numbers: Confidence in the economy fell in September to a seven-month low owing to the fast spread of delta and a bout of high inflation that's raised the cost of new cars, appliances and other popular products....
Market Pulse: Dow at risk of snapping 4-session win streak, tech stocks hammered as 10-year Treasury pops above 1.5%
U.S. stock benchmarks on Tuesday were under selling pressure, putting in jeopardy a four-session string of gains for the Dow industrials, as interest-rate sensitive technology stocks were hammered by a rise in yields....
Congress must raise or suspend debt limit by Oct. 18, Yellen says
Treasury Secretary Janet Yellen said Tuesday that the Treasury Department is likely to exhaust extraordinary measures to keep from defaulting on its debt if Congress has not acted to raise or suspend the debt limit by Oct. 18. "At that point, we expect Treasury would be left with very limited resources that would be depleted quickly," Yellen said in an update sent to Congressional leaders....
Economic Report: Home prices rise at record pace for fourth consecutive month, but economists aren't worried about the housing market just yet
The numbers: Home prices in virtually every major metropolitan area across the nation have hit a new record high, but economists say that the pace of price growth isn't inherently a cause for concern....
U.S. trade deficit in goods widened in August
The numbers: The U.S. trade deficit in goods rose in August and stood near a record high, as retailers imported more consumer goods ahead of the holiday shopping season....
Sustainable Investing: ESG may not be the driver of fresh investment money that Wall Street expects
It may seem that a wall of money is flowing to sustainable investing, but researchers at Morningstar suggest this view may be too simplistic....
Investopedia
Options Trading Hits Record Highs, Triggering Volitilty Concerns
Options have soared in popularity among retail investors, triggering concerns over heightened market volatility....
Regional Fed Presidents Step Aside Amid Trading Backlash
Two regional Federal Reserve officials announced Monday that they are stepping down following mounting scrutiny over their trading activity....
GuruFocus
David Herro on Where He Sees Value in Reopening Economy
Appearing on CNBC's “Closing Bell” on Monday, Oakmark Funds' David Herro (Trades, Portfolio) discussed the sectors he believes will deliver strong returns....
David Herro Discusses Where He Sees Value in Reopening Economy
Appearing on CNBC's “Closing Bell” on Monday, Oakmark Funds' David Herro (Trades, Portfolio) discussed the sectors he believes will deliver strong returns....
Forbes
Dow Sinks 500 Points As Spiking Treasury Yields Drive Forceful Tech Stock Sell-Off
The tech-heavy Nasdaq has fallen 5% from an all-time high earlier this month....
Uncertainty On Capitol Hill, Spike In Energy Prices Help Make For Choppy Markets
Tech stocks were lower and Treasury yields higher as markets look to the Fed and Capitol Hill for answers about higher borrowing costs and the debt ceiling....
Yellen Warns Treasury Stands To Run Out Of Cash On October 18—Causing ‘Serious Harm' To Business
Meanwhile, lawmakers still haven't appropriated funds to avoid a government shutdown on Friday....
S&P 500 Companies That Overstated EPS By 60%+ In 2Q21
See five S&P 500 companies with overstated Street Earnings and a very unattractive stock rating....
ETF Trends
An Income-Focused Solution for a Yield-Challenged Environment
Investors and financial advisors of today are faced with the challenge of historically low interest rates. In addition, corporate bond spreads have returned to pre-pandemic readings and do not offer as much in terms of relative value....
CNN Business
Dow drops 500 points as inflation and debt ceiling fears rattle investors
The US stock market is taking it on the chin again Tuesday, plummeting on worries over sustained high inflation and the ongoing debt ceiling debate in Washington....
Elizabeth Warren will oppose Fed Chair Powell's renomination, calls him a 'dangerous man'
Democratic Senator Elizabeth Warren announced Tuesday that she will oppose Federal Reserve Chairman Jerome Powell's renomination, making her the highest profile lawmaker to do so....
The energy crunch is roiling markets
Energy prices are skyrocketing around the world, with major consequences for markets as investors worry about the state of the economic recovery....
CNBC
Higher rates and Washington dysfunction are combining to push the market lower
The market is in the middle of another rise in interest rates, which is causing traders and investors to move a lot of stocks around....
Congress must raise the debt limit by Oct. 18, Treasury Secretary Yellen warns in new letter as potential default looms
Treasury Secretary Janet Yellen said that Congress has until Oct. 18 to address the looming debt ceiling and avoid economic calamity....
5 things to know before the stock market opens Tuesday
U.S. stocks were sliding in Tuesday's premarket, indicating further September losses....
Business Insider
Nasdaq falls 2% as surging Treasury yields and inflation concerns drag Big Tech stocks lower
"High-growth stocks tend to underperform when Treasury yields are rising, typically felt the most by the technology sector," an analyst said....
Janet Yellen just put a date on when the US default on its debt: October 18
On Monday night, Senate Republicans struck down a bill that would have raised the debt ceiling and prevented a government shutdown....
US stocks tumble as Powell warns of more inflation and Treasury yields hit 3-month high
Mega-cap tech stocks like Apple and Microsoft extended their two-day decline to more than 2% as US Treasury yields surged....
Benzinga
Agm Holdings (Agmh.O) Promises $100 Million in Sales for Mining Machines as the Market's Zeal for the Gadgets
Photo by fabio on Unsplash On September 27, AGM Holdings Limited (AGMH.O) reached an agreement with Shenzhen Highsharp Electronics Ltd.. According to the deal, AGMH promises a $100 million sales for mining machines ending March 25, 2022....
Tech Sector Leads Tuesday Market Sell-Off: What You Need To Know
The stock market has been witnessing volatility since early September that is threatening to take it to its mid-August lows. Broad-Based Sell-Off Takes Hold: After starting the week on a weak note, stocks were seen extending their losses on Tuesday, led by the tech sector....
Treasury Yields Hit Highest Level Since June, Weighing On Tech Sector In Particular
Technology stocks came under heavy selling pressure early Tuesday as investors looked at a combination of uncertainty on Capitol Hill coupled with all but the certainty that borrowing costs will increase. The yield on the benchmark 10-year note jumped more than 5 basis points to the top 1.54%, its highest level since June....