A recent example was the rush to buy shares of companies that the coronavirus crisis pushed into bankruptcy. Stocks likeTchir, the head of macro strategy at Academy Securities, says price has become "just a number" to many. The rigorous yardsticks of what's embedded in the price — things like earnings-growth prospects, competitive advantages, and other value investing tenets — are being thrown out the window.
"I am not sure when it ends, but from experience, when the 'just' a number trading ends, it ends abruptly and painfully," Tchir said in a recentHe expanded on the 'just a number' trend by describing it as the product of investor greed and and innovative investment products. In 2020, Tchir pinpoints the options market, where traders earn the right, but not the obligation, to buy or sell stocks at specific prices and within particular timeframes. These derivatives also have the power to amplify gains — and losses — because they bet on the extent of price swings.Wall Street is being shaken to its core by a legion of Gen Z day-traders. From a casual hobbyist to a 20-year-old running a 14,000-person platform, meet the new generation of retail investors.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the downfall of Civilized, the cannabis media startup - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market crash: Inflation spike from coronavirus poses tail risk - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Don’t lockdown then.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Biden slams Trump for stock-market focus, won't help wealthy investors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. investment= jobs creation. SleepyJoeBiden is clueless How come it's okay for politicians to lie? No, Hunter was paid well. Doesn't need help..
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market outlook: Economic volatility to fuel rally, strategist says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How YouTube ads work, creator crash course: how influencers make money - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Popular iOS apps including Spotify, Pinterest crashing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What crashing monkwe_tebogo This has thrown off my morning routine. Not cool
Source: BusinessInsider - 🏆 729. / 51 Read more »