“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:
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 | TSLA | WFC | Biotechnology | Banks – Diversified |
2 | CRM | BABA | Auto Manufacturers | Internet Retail |
3 | AAPL | IWSY | Software – Application | Prepackaged software |
4 | SNDL | AMD | Drug Manufacturers – Specialty & Generic | Semiconductors |
5 | ENPH | TSNP | Conglomerates | Floor laying and floor work, misc |
6 | TSNP | SDC | Internet Retail | Medical Devices |
7 | GLSI | IMMP | Software – Infrastructure | Biotechnology |
8 | NIO | SLS | Internet Content & Information | Biotechnology |
9 | PFE | LCA | Semiconductors | Conglomerates |
10 | SLS | HD | Oil & Gas E&P | Home Improvement Retail |
11 | AMZN | QEPC | Diagnostics & Research | Cutlery, Handtools & General Hardware |
12 | BCRX | CRIS | Entertainment | Biotechnology |
13 | SRNE | GLSI | Drug Manufacturers – General | Biotechnology |
14 | MRNA | OZON | Specialty Retail | Consumer Electronics |
15 | NNDM | SOLO | Communication Equipment | Auto Manufacturers |
16 | FCEL | BCLI | Medical Devices | Biotechnology |
17 | NEWS | PFE | Consumer Electronics | Drug Manufacturers – General |
18 | MSFT | FCEL | Credit Services | Electrical Equipment & Parts |
19 | KODK | TSLA | Semiconductor Equipment & Materials | Auto Manufacturers |
20 | AMRN | BSRTF | Electrical Equipment & Parts | Conglomerates |
What We’re Reading:
- 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…
- JNC resources may be looking to capitalize as Australia could be set to lead the globe in gold production. Full story…
- 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.
What We’re Liking (Sponsored):
- What Big Mistakes Do People Make With $1 Million?
- The Bankruptcy No One’s Talking About
- Biggest Transfer of Wealth in US History Has Begun
-InvestingChannel