“Time is more valuable than money. You can get more money, but you cannot get more time.” ~Jim Rohn
Dear Trader,
Welcome to today’s edition of Wall Street Connected.
Heading into a week which may be headlined by Q4 GDP forecasts and unfortunate news through the COVID-19 pandemic, staying up-to-date with market moving events and the #1 industry amongst financial professionals last week will be essential for traders and investors.
7 Financial Questions to Answer in Retirement. (Sponsored)
Biotechnology continues to be an incredibly high-demand industry amongst Wall Street’s brightest minds in the race for a COVID-19 vaccine.
In fact, just last week many stocks leaped on vaccine optimism, which could explain the biotechnology industry ranking #1 by financial professionals in total traffic last week…
The top searched stock by billionaires last week was Imageware Systems Inc (IWSY) as the stock was highlighted as “poised for growth” upon receiving a $11.56M private placement, despite being an OTC stock.
TrackStarIQ Data
Here are some highlights from FA searches last week:
| RANK | TOP SEARCHES BY FAs (Total Traffic) Previous Week [STOCKS] | TOP SEARCHES BY FAs w/ AUM>$1B (Total Traffic) Previous Week [STOCKS] | TOP INDUSTRY SEARCHES BY FAs (Total Traffic) Previous Week [EQUITIES] | TOP INDUSTRY SEARCHES BY FAs w/ AUM>$1B (Total Traffic) Previous Week [EQUITIES] |
|---|---|---|---|---|
| 1 | SNDL | IWSY | Biotechnology | Prepackaged software |
| 2 | TSLA | NIO | Software – Application | Auto Manufacturers |
| 3 | CRM | WFC | Drug Manufacturers – Specialty & Generic | Banks – Diversified |
| 4 | AAPL | SNDL | Auto Manufacturers | Drug Manufacturers – Specialty & Generic |
| 5 | NIO | OMER | Conglomerates | Biotechnology |
| 6 | PFE | ZOM | Software – Infrastructure | Drug Manufacturers – Specialty & Generic |
| 7 | WORK | LCA | Internet Content & Information | Conglomerates |
| 8 | BCRX | LIZI | Semiconductors | Consumer Electronics |
| 9 | FCEL | QEPC | Internet Retail | Cutlery, Handtools & General Hardware |
| 10 | MRNA | FUBO | Drug Manufacturers – General | Motion picture and video production |
| 11 | AMNL | FCEL | Consumer Electronics | Electrical Equipment & Parts |
| 12 | AMZN | WORK | Diagnostics & Research | Software – Application |
| 13 | IDEX | BB | Electrical Equipment & Parts | Software – Infrastructure |
| 14 | ZM | FL | Specialty Retail | Footwear & Accessories |
| 15 | WKHS | BABA | Entertainment | Internet Retail |
| 16 | NKLA | SOLO | Oil & Gas E&P | Auto Manufacturers |
| 17 | NEWS | CAAS | Medical Devices | Auto Parts |
| 18 | DIS | EVK | Credit Services | Apparel Manufacturing |
| 19 | NNDM | IGC | Auto Parts | Conglomerates |
| 20 | OPK | AMD | Aerospace & Defense | Semiconductors |
What We’re Reading:
- Entering any new week in the market, we love to take a look at the top stock stories from the weekend as many may be poised for surprising moves in the week ahead. Check it out…
- Sunday Night Futures can be a fantastic preparation tool for traders ahead of Monday’s opening bell. InvestingChannel sources this information. You can find it here…
- Does the Fed favor fiscal stimulus or fiscal relief? Most people assume that the Fed wants more fiscal stimulus, but some aren’t too sure. Full story…
What We’re Watching:
We just spoke to America’s #1 Trader, Davis Martin. He said he cashed out a call option trade on Fubotv Inc (FUBO) this morning after pointing it out on a video watchlist last week.
The company was upgraded early this morning – someone knew something.
What We’re Liking (Sponsored):
- Biggest Transfer of Wealth in US History Has Begun
- Blunder #10: Mismanaging Retirement Withdrawals
- Mini Cboe VIXTM Futures
-InvestingChannel