Month: June 2021

Our data shows traders are now net-long Wall Street for the first time since May 20, 2021 when Wall Street traded near 34,102.00.

Number of traders net-short has decreased by 8.48% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

Wall Street

BEARISH

50.46%

49.54%

6.61%
Daily

29.84%
Weekly

-4.72%
Daily

-8.48%
Weekly

0.68%
Daily

7.54%
Weekly

Wall Street: Retail trader data shows 50.46% of traders are net-long with the ratio of traders long to short at 1.02 to 1. In fact, traders have remained net-long since May 20 when Wall Street traded near 34,102.00, price has moved 1.19% higher since then. The number of traders net-long is 6.61% higher than yesterday and 29.84% higher

Read More

Stock Market Today: Dow, S&P Live Updates for Jun. 11, 2021

U.S. equities eked out a gain in choppy trading as investors continued to assess the outlook for inflation and the path of Federal Reserve monetary policy. Ten-year Treasury yields held at around the lowest since March.

Friday’s advance of 0.2% came a day after the S&P 500 notched its first all-time high since early May as data showed U.S. consumer price increases in May were largely driven by categories associated with economic reopenings, bolstering the view that inflation pressures may ease later in the year. Treasury yields inched higher, with the 10-year rate still ending the week below 1.5%.


Read More

U.S. Loan Forgiveness Program For Farmers Of Color Is On Hold : NPR

Handy Kennedy, founder of AgriUnity cooperative, feeds his cows on HK Farms earlier this year in Cobbtown, Ga. The AgriUnity cooperative is a group of Black farmers formed to better their chances of economic success.

Michael M. Santiago/Getty Images


hide caption

toggle caption

Michael M. Santiago/Getty Images


Handy Kennedy, founder of AgriUnity cooperative, feeds his cows on HK Farms earlier this year in Cobbtown, Ga. The AgriUnity cooperative is a group of Black farmers formed to better their chances of economic success.

Michael M. Santiago/Getty Images

A new federal program created by the Biden administration to reverse years of economic

Read More

Welcome to the Era of Regenerative Finance

While few funders have fully realized the regenerative finance vision, a growing community of financial activists is applying its core practices in initiatives
that show how we can use capital as a flexible, purpose-driven tool to create healthy and equitable social and environmental systems.

Our complex, systemic problems are proving resistant to simple solutions, and
each one has its own web of complexities to unwind. One thing they all have in
common, though, is that you can’t fix a broken [name any system] with a broken
finance system. That’s why regenerative
finance

— a concept that’s been percolating at the

Read More

What They Don’t Tell Wall Street Interns

I write and publish a financial newsletter. Over the past two years, no less than three of my subscribers — all current or former finance industry workers — have taken their own lives. Each time, I was profoundly affected, because I nearly took my own life almost 20 years ago while working as a young trader at Lehman Brothers Holdings Inc. I know what that level of despair feels like.

All jobs have stress of some degree, but the stress associated with the finance industry is unique and very complex. At the top is performance anxiety. You either make money

Read More

The S&P 500 is near another record. Here are the stocks Wall Street sees leading the way from here

Amazon logo seen displayed on a smartphone.

Igor Golovniov | SOPA Images | LightRocket | Getty Images

The S&P 500 is inches away from a record, boosted lately by stocks leveraged to a reopening economy like Boeing and banks. Wall Street analysts believe a new group of stocks will lead the way from here.

CNBC PRO screened for stocks in the S&P 500 with a “buy” rating from more than 75% of analysts covering the names at this point. From this pool, we selected the top 20 names ranked by potential upside to their average 12-month price targets among analysts.

Read More

Stock Market Today: Dow, S&P Live Updates for Jun. 10, 2021

U.S. equities climbed to a record and benchmark Treasury yields extended declines to the lowest since March as investors bet that the Federal Reserve will maintain its ultra-accomodative policies even after data showed consumer prices rose more than forecast last month.

The S&P 500 led the major American equity indexes higher, closing at an all-time high. The tech-heavy Nasdaq 100 rose to its highest level since late April as megacap technology stocks rallied. The 10-year Treasury yield fell to as low as 1.44% after initially surge in the wake of the inflation report.

The consumer price index data released Thursday

Read More

Judge orders temporary halt to $4B federal loan relief program for farmers of color

A federal judge in Wisconsin has ordered a temporary halt to a $4 billion federal loan relief program aimed at addressing longstanding inequities for farmers of color after a legal challenge by white farmers who argue the policy discriminates against them.

Judge William Griesbach found in an order issued Thursday that the white farmers “are likely to succeed on the merits of their claim” that the U.S. Department of Agriculture’s “use of race-based criteria in the administration of the program violates their right to equal protection under the law.”

He issued a temporary restraining order blocking the Department of Agriculture

Read More

Cryptocurrency news today: Bitcoin down 5 per cent; Dogecoin, Ethereum, Bianance Coin and other top ones trading in red too! Is Elon Musk the TRIGGER? Check Space X CEO viral tweet

Cryptocurrency news today: Bitcoin is the leading cryptocurrency that contributes to around 40 per cent of the global crypto market. It also sort of dictates how the crypto market behaves. Bitcoin on Friday, May 4, was trading in negative at Rs 28,40,630, down 5.51 per cent. It created a daily low of Rs 28,12,986, while went on to hit Rs 30,13,489-mark on Friday.  

See Zee Business Live TV Streaming Below:

THE TRIGGER

So, from over 6 per cent up on Thursday to down 5 per cent on Friday, what led to this reversal? Well, it appears after Dogecoin rallied two

Read More