Stock Market Today: Winter Storm Boosts Energy Sector, But Stocks Finish Mixed
Oil and natural gas prices surged Tuesday as Winter Storm Uri pounded the nation, sending power demand higher and impacting energy supplies.
Oil and natural gas prices surged Tuesday as Winter Storm Uri pounded the nation, sending power demand higher and impacting energy supplies.
Before a stock can be traded by investors, it must first be listed on an exchange. Different stock exchanges can have physical locations with in-person trading or be entirely electronic. After the New York Stock Exchange (NYSE), the Nasdaq is the second largest stock exchange in the world. Not just any company can be listed […]
The post NASDAQ Listing Requirements Explained appeared first on SoFi.
Share lending is the business of investment firms loaning out shares to borrowers as a way to collect additional revenue on stocks that otherwise would have sat untraded in their portfolios. Meanwhile, the borrowers of the shares are often short sellers, who give collateral in the form of cash or other securities to the lenders. […]
The post What Is Share Lending? appeared first on SoFi.
Posted To: MBS Commentary
As of Monday, bonds had closed at higher yields for 8 straight days. Such streaks beg for a correction. They rarely last longer. The correction became "official" on Wednesday with a decent 10yr Treasury auction helping to confirm. But even on that same day, we warned that the gains were underwhelming at that these sorts of obvious corrections often happen in the sort of 2-day bursts seen on Tue/Wed. Sure enough, yesterday was red day for bonds and risks rapidly increased that bond sellers would be saying "game on" again. In addition to the Wayne's World scene, the chart above shows a zoomed-in section of the prevailing uptrend (yellow parallel lines containing almost all 10yr movement since August 2020). The most basic implication of the "game on" trading is…(read more)
The Dow and other major indices managed to scratch out new all-time highs with modest gains in a quiet Friday session.
Recovery prospects, renewed focus on stimulus, inflation concerns, a brighter covid outlook, etc… All of these are reasons for an ongoing, gradual trend toward higher rates in 2021 (i.e. general bond market weakness) but none of them really explain why the bond market had its worst day in months today specifically. Still, pundits are pointing to the laundry list of usual suspects to explain the move. In their defense, that’s all anyone can really do on a day like today. At a certain point market momentum becomes its own justification and bond prices snowball to lower and lower levels. When bond prices fall, rates rise–a fact which is abundantly clear in comparing today’s rates to those seen late last week. The average lender is quoting conventional 30yr fixed rates that are roughly 1/8th
The shift to remote work for many people has been a game changer for real estate markets across the country, even in the traditionally slow winter season.
The post Most Affordable (and Warm) Places to WFH This Winter appeared first on Real Estate News & Insights | realtor.com®.
A short squeeze is a quick path to getting a lot of juice out of a stock. We explain the phenomenon, and the short selling that fuels it.
If you invest in the stock or bond markets, enjoy your Monday off. The markets will be closed in honor of George Washington’s birthday.