What’s Driving Markets Right Now - InvestingChannel

What’s Driving Markets Right Now

“You and I come by road or rail, but economists travel on infrastructure.” ~ Margaret Thatcher

Dear Trader,

Welcome to today’s edition of Wall Street Connected: What’s Driving Markets Right Now.

Markets opened higher to start the week as Pfizer and BioNTech received emergency use approval for a COVID-19 vaccine in the U.S.

Between this catalyst and researching an FOMC preview, there is a lot of opportunity when analyzing the driving forces of markets right now.

Where will stocks go in 2021? (Sponsored)

Last week was headlined by the initial public offerings of both Airbnb and DoorDash soaring in their debuts, and this had a carry over effect to the top searched stocks by financial professionals with $1B+ in assets under management.

You’ll notice Smile Direct Club (SDC) ranking #6 in most searched stocks by financial professionals with $1B+ in assets under management last week.

Smile Direct Club (SDC) held its initial public offering on September, 12 of 2019 and has been a favorite amongst active traders as the stock has a reputation for moving 10% in a matter of days.

While ESG investors may not benefit from volatile 10% swings, those are the kind of stocks traders love to keep on their watchlists and make moves on when opportunities present themselves.

A standout in opportunity for both ESG investors and traders who enjoy volatility has been Emerging Markets (explore Emerging Market opportunities by clicking here)

TrackStarIQ Data

Here are some highlights from FA searches last week:

RANKTOP 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]
1TSLAWFCBiotechnologyBanks – Diversified
2CRMBABAAuto ManufacturersInternet Retail
3AAPLIWSYSoftware – ApplicationPrepackaged software
4SNDLAMDDrug Manufacturers – Specialty & GenericSemiconductors
5ENPHTSNPConglomeratesFloor laying and floor work, misc
6TSNPSDCInternet RetailMedical Devices
7GLSIIMMPSoftware – InfrastructureBiotechnology
8NIOSLSInternet Content & InformationBiotechnology
9PFELCASemiconductorsConglomerates
10SLSHDOil & Gas E&PHome Improvement Retail
11AMZNQEPCDiagnostics & ResearchCutlery, Handtools & General Hardware
12BCRXCRISEntertainmentBiotechnology
13SRNEGLSIDrug Manufacturers – GeneralBiotechnology
14MRNAOZONSpecialty RetailConsumer Electronics
15NNDMSOLOCommunication EquipmentAuto Manufacturers
16FCELBCLIMedical DevicesBiotechnology
17NEWSPFEConsumer ElectronicsDrug Manufacturers – General
18MSFTFCELCredit ServicesElectrical Equipment & Parts
19KODKTSLASemiconductor Equipment & MaterialsAuto Manufacturers
20AMRNBSRTFElectrical Equipment & PartsConglomerates

What We’re Reading:

  1. Checking futures on Sunday night is a great way to prepare for a new week ahead. This includes economic releases, oil prices, and schedules for a new week. Take a look…
  2. JNC resources may be looking to capitalize as Australia could be set to lead the globe in gold production. Full story…
  3. The FOMC is meeting on Tuesday and Wednesday this week (which is likely to drive markets) regarding rate policies. Goldman Sachs economists have some input to share with you. Here it is…

What We’re Watching:

Advanced Micro Devices (AMD) is trading higher to start the week, but some big-money traders are expecting the stock to trade even higher within the next couple weeks.

Davis Martin wants to tell you why in one of his new videos.

You can watch it here.

What We’re Liking (Sponsored):

-InvestingChannel

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