AMTD Achieves Another Victory and Further Action Against IP Infringements
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. ("AMTD" or the "Group"), alongside The Generation Essentials Group ("TGE"), a subsidiary of the Group under AMTD Digital, jointly announce that as a global owner of fashion magazines published under "L'OFFICIEL AMTD" and its associated brands, another successful action has been won against Luxury Village LLC and its director Dimitri Vorontsov for infringing and improper conduct. We had previously obtained a Hong Kong court order pro.
- 05/26/2025
|
AMTD Achieves Another Victory and Further Action Against IP Infringements
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. ("AMTD" or the "Group"), alongside The Generation Essentials Group ("TGE"), a subsidiary of the Group under AMTD Digital, jointly announce that as a global owner of fashion magazines published under "L'OFFICIEL AMTD" and its associated brands, another successful action has been won against Luxury Village LLC and its director Dimitri Vorontsov for infringing and improper conduct. We had previously obtained a Hong Kong court order pro.
- 05/26/2025
|
AMTD IDEA Group Filed 2024 Annual Report on Form 20-F
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or the “Company”, NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc., today announced that it has filed its annual report with the Securities and Exchange Commission on Form 20-F for the fiscal year ended December 31, 2024. The annual report is available on the Company's investor relations website at http://ir.amtdinc.com. The Company will provide a hard copy of its annual r.
- 04/30/2025
|
AMTD Opens the World’s 1st L'OFFICIEL COFFEE
- AMTD Group Inc. ("AMTD" or the "Group"), alongside The Generation Essentials Group (“TGE”), a subsidiary of the Group under AMTD Digital, jointly announce that L'OFFICIEL, the global fashion media that has been influencing fashion, art, and culture for over 100 years, opens the world’s first L'OFFICIEL COFFEE on April 15, 2025, in Omotesando, Tokyo. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250422190976/en/ aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); The launch party for L'OFFICIEL COFFEE was a resounding success, warmly embraced by celebrities and well-attended by local influencers. Among the notable attendees was global celebrity Jackson Wang, who has built a thriving career that seamlessly blends music, fashion, and creative entrepreneurship, boasting over 30 million followers each on both Instagram and Weibo. Jackson not only participated in the launch party but also interactively engaged with a large group of his fans surrounding the L’OFFICIEL COFFEE venue, contributing to the vibrant atmosphere. He shared L'OFFICIEL COFFEE and other products with fans on the launch day, allowing them to experience the exceptional quality of L'OFFICIEL COFFEE products firsthand. ===== A Three-Story Concept Space Expressing L'OFFICIEL's Aesthetics Through Coffee ===== Located in a stylish three-story building in Omotesando and designed by acclaimed architect Keiji Ashizawa, the space reflects L’OFFICIEL’s refined aesthetic — marrying minimalist sophistication with rich material textures. ===== A Specially Designed L’OFFICIEL COFFEE Menu Where Fashion Sense and Casual Luxury Coexist ===== The menu features a diverse selection of beverages focused on carefully curated specialty coffees from around the globe. In addition to visually stunning and flavourful sweets, it also includes high-quality food options, including a truffle dish and caviar. This provides a new café experience that blends sensibility with aesthetic appreciation. As a new lifestyle destination where fashion and culture intersect, L'OFFICIEL COFFEE allows visitors to experience a unique sense beginning in Omotesando, with plans for a global rollout. L'OFFICIEL COFFEE Overview Name: L'OFFICIEL COFFEE Reading: ロフィシェル コーヒー Opening: April 15, 2025 (Tuesday) from 9:00 AM Address: 3-8-5 Kita-Aoyama, Minato-ku, Tokyo Hours: 9:00 AM - 8:00 PM subject to change Seating: 43 seats Website: https://www.lofficielcoffee.com Instagram: https://www.instagram.com/lofficielcoffee About L’OFFICIEL L’Officiel (www.lofficiel.com) is a global leading media company with a century-long brand legacy, based in Paris since 1921. Present in over 30 countries globally, L’Officiel is recognized as a leading luxury and fashion media brand, serving as an international reference for French style and pioneering in fashion, beauty, lifestyle, and contemporary society. About L'OFFICIEL JAPAN A subsidiary of L’Officiel, L'OFFICIEL JAPAN was launched in September 2024, marking the beginning of a full-scale effort to engage the Japanese market. L'OFFICIEL is a subsidiary under the media arm of AMTD Group, a global conglomerate. About L'OFFICIEL COFFEE L'OFFICIEL COFFEE, which embodies L'OFFICIEL's aesthetic and history, offer carefully selected specialty coffees, beautifully designed sweets, and meticulously crafted café menus, providing visitors with a special experience of luxury in a casual style. L’OFFICIEL COFFEE is being rolled out in progress by AMTD Group in major markets of the world, starting this year in Japan. About AMTD Group AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors. About AMTD IDEA Group AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter") at @AMTDGroup. About AMTD Digital Inc. AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news. Safe Harbor Statement This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group and/or AMTD Digital with the SEC. All information provided in this press release is as of the date of this press release, and neither AMTD IDEA Group nor AMTD Digital undertakes any obligation to update any forward-looking statement, except as required under applicable law. View source version on businesswire.com: https://www.businesswire.com/news/home/20250422190976/en/
- 04/22/2025
|
AMTD Appoints Global Editorial Leadership Team for The Art Newspaper
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group and The Generation Essentials Group are pleased to announce the appointment of Julia Michalska as Global Editor-in-Chief of The Art Newspaper, the global art media company founded in 1990, with Benjamin Sutton taking the role of Editor-in-Chief, Americas. Both of them will become members of a global editorial committee formed to govern and monitor the global content and quality of The Art Newspaper. Since its inception 35 years ago, The.
- 04/08/2025
|
AMTD Appoints Global Editorial Leadership Team for The Art Newspaper
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group and The Generation Essentials Group are pleased to announce the appointment of Julia Michalska as Global Editor-in-Chief of The Art Newspaper, the global art media company founded in 1990, with Benjamin Sutton taking the role of Editor-in-Chief, Americas. Both of them will become members of a global editorial committee formed to govern and monitor the global content and quality of The Art Newspaper. Since its inception 35 years ago, The.
- 04/08/2025
|
AMTD to Roll out World's First Ever "L'OFFICIEL COFFEE" in Q2
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. ("AMTD" or the "Group"), alongside AMTD IDEA Group and AMTD Digital, jointly announced that L'OFFICIEL, the global fashion media founded in France in 1921, will open the world's first L'OFFICIEL COFFEE in 2nd quarter of this year. L'OFFICIEL COFFEE will express the spirit and voice of L'OFFICIEL - a bible of fashion and culture. L'OFFICIEL COFFEE, which embodies L'OFFICIEL's aesthetic and history, will offer carefully selected speci.
- 04/07/2025
|
AMTD to Roll out World's First Ever "L'OFFICIEL COFFEE" in Q2
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. ("AMTD" or the "Group"), alongside AMTD IDEA Group and AMTD Digital, jointly announced that L'OFFICIEL, the global fashion media founded in France in 1921, will open the world's first L'OFFICIEL COFFEE in 2nd quarter of this year. L'OFFICIEL COFFEE will express the spirit and voice of L'OFFICIEL - a bible of fashion and culture. L'OFFICIEL COFFEE, which embodies L'OFFICIEL's aesthetic and history, will offer carefully selected speci.
- 04/07/2025
|
AMTD Unveils Another New Movie: A Gilded Game
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. ("AMTD" or the "Group"), alongside World Media and Entertainment Universal Inc. ("WME"), a subsidiary of the Group under AMTD Digital, jointly announced that following the success of the “The Last Dance”, another AMTD movie is coming soon: “A Gilded Game” is set to premiere in China on May 1. Directed by Herman Yau, the Movie stars Andy Lau and Oho Ou in lead roles, along with a special appearance by Ni Ni. Andy Lau plays a capital.
- 03/20/2025
|
AMTD Unveils Another New Movie: A Gilded Game
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. ("AMTD" or the "Group"), alongside World Media and Entertainment Universal Inc. ("WME"), a subsidiary of the Group under AMTD Digital, jointly announced that following the success of the “The Last Dance”, another AMTD movie is coming soon: “A Gilded Game” is set to premiere in China on May 1. Directed by Herman Yau, the Movie stars Andy Lau and Oho Ou in lead roles, along with a special appearance by Ni Ni. Andy Lau plays a capital.
- 03/20/2025
|
AMTD Digital Inc. Filed 2024 Annual Report on Form 20-F
- PARIS & NEW YORK--(BUSINESS WIRE)--AMTD Digital Inc. (“AMTD Digital” or the “Company”) (NYSE: HKD), a NYSE-listed company and a subsidiary of AMTD Group Inc., today announced the disclosure of its annual report on Form 20-F for the fiscal year ended October 31, 2024. The annual report is available on the Company's investor relations website at https://ir.amtdigital.net/investor-news. The Company will provide a hard copy of its annual report containing the audited consolidated financial statemen.
- 02/28/2025
|
AMTD Successfully Reached a Strategic Partnership With the Far East Consortium for the UK
- PARIS & SINGAPORE & NEW YORK--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD”; NYSE: AMTD; SGX: HKB) has entered into a strategic partnership with Far East Consortium International Limited (“FEC”, 0035.HK) for the UK to drive forward the future of the historic Hornsey Town Hall. Through this deal, which was agreed upon on February 22nd and all definitive agreements signed on the 25th, AMTD aims to raise the Town Hall's profile through its established credentials in the arts, fashion, and entertainment.
- 02/25/2025
|
AMTD's Strategic Investment - Bank of Qingdao Enjoyed Solid 2024 Financial Performance
- PARIS & NEW YORK--(BUSINESS WIRE)--AMTD Digital Inc. (NYSE: HKD) ("AMTD"), and World Media and Entertainment Universal Inc. ("WME"), jointly announced that Bank of Qingdao Co., Ltd. (“Bank of Qingdao” or the “Bank”), a strategic investment of AMTD, reported its preliminary annual results for 2024, demonstrating significant improvements in operational efficiency and profitability. Bank of Qingdao reported significant growth in its key financial metrics for 2024 compared to 2023, highlighting a 2.
- 02/12/2025
|
AMTD's Successful Action Against IP Infringement
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. ("AMTD" or the "Group"), alongside World Media and Entertainment Universal Inc. ("WME"), a subsidiary of the Group under AMTD Digital, jointly announced that as a global owner of fashion magazines published under "L'OFFICIEL" and its associated brands, we have won a successful action in the Hong Kong courts against Luxury Village LLC and its director Dimitri Vorontsov (the "Defendants") for their infringement of "L'OFFICIEL" related.
- 02/11/2025
|
WME's Partnership with Alibaba on Films, Entertainment, and Contents
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. (“AMTD” or the “Group”), alongside with World Media and Entertainment Group (“WME”), a subsidiary of the Group under AMTD Digital, jointly announced a comprehensive partnership with Beijing Alibaba Pictures Culture Limited (“Alibaba Pictures Culture”) in the fields of film, entertainment, contents, and fashion media. WME focuses on the Group's global strategies and long-term developments in multi-media, entertainment, and cultural a.
- 02/06/2025
|
WME's Partnership with Alibaba on Films, Entertainment, and Contents
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. (“AMTD” or the “Group”), alongside with World Media and Entertainment Group (“WME”), a subsidiary of the Group under AMTD Digital, jointly announced a comprehensive partnership with Beijing Alibaba Pictures Culture Limited (“Alibaba Pictures Culture”) in the fields of film, entertainment, contents, and fashion media. WME focuses on the Group's global strategies and long-term developments in multi-media, entertainment, and cultural a.
- 02/06/2025
|
World Media and Entertainment Universal, Subsidiary of AMTD IDEA Group and AMTD Digital Inc., to Go Public Through Business Combination With Black Spade Acquisition II Co
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA Group”) (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual-listed company and a subsidiary of AMTD Group Inc., and AMTD Digital Inc. (“AMTD Digital”) (NYSE: HKD), a controlled and consolidated subsidiary of AMTD IDEA Group, jointly announced that their subsidiary World Media and Entertainment Universal Inc. (“WME”), a global media and entertainment company, and Black Spade Acquisition II Co (Nasdaq: BSII, “BSII”), a special.
- 01/27/2025
|
AMTD Proudly Presents Its Another New Movie “A Cover-up”
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc., AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), and World Media and Entertainment Group (“WME”) the multi-media, entertainment and cultures platform of AMTD Group, are proud to announce that, “A Cover-up” (“Movie”), the new Movie produced by AMTD alongside with Emperor Motion Pictures and Maoyan Entertainment, released its first poster which reveals the release date of November 16, 2024. The.
- 10/28/2024
|
AMTD Proudly Presents Its Another New Movie “A Cover-up”
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc., AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), and World Media and Entertainment Group (“WME”) the multi-media, entertainment and cultures platform of AMTD Group, are proud to announce that, “A Cover-up” (“Movie”), the new Movie produced by AMTD alongside with Emperor Motion Pictures and Maoyan Entertainment, released its first poster which reveals the release date of November 16, 2024. The.
- 10/28/2024
|
AMTD Announces the Launch of L'Officiel Japan
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), and L'Officiel Group Inc. (“L'Officiel”), are thrilled to announce that L'Officiel, a renowned French fashion media group with a legacy of more than 100 years, launched its inaugural Japan Issue with both digital and print versions, as well as extensive contents shared across various social media platforms including Instagram, Threads, Facebook, and X. This entr.
- 10/10/2024
|
AMTD Announces the Launch of L'Officiel Japan
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), and L'Officiel Group Inc. (“L'Officiel”), are thrilled to announce that L'Officiel, a renowned French fashion media group with a legacy of more than 100 years, launched its inaugural Japan Issue with both digital and print versions, as well as extensive contents shared across various social media platforms including Instagram, Threads, Facebook, and X. This entr.
- 10/10/2024
|
AMTD IDEA Rings NYSE Closing Bell to Celebrate 5th Anniversary of Listing
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA Group” or the “Company”) (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc. (“AMTD Group”), was invited by the New York Stock Exchange (“NYSE”) to ring the closing bell on August 5 to celebrate its fifth listing anniversary. In honor of the occasion, Dr. Calvin Choi, the founder of AMTD IDEA, rang the closing bell, and Stefan Jekyl, Head of International Listings, NYSE, witn.
- 08/16/2024
|
AMTD Digital Completed Its Auditor Rotation Process
- PARIS & NEW YORK--(BUSINESS WIRE)--AMTD Digital Inc. (“AMTD Digital” or the “Company,” NYSE: HKD) announced that its board of directors and the audit committee have approved the appointment of Assentsure PAC (“Assentsure”) as its independent registered public accounting firm. The Company's appointment of Assentsure is in line with the Company's auditor rotation policy, as well as dismissal and appointment criterion and standards as governed and administered by the audit committee. This change w.
- 07/16/2024
|
Airstar Bank, with AMTD as a co-founder, successfully introduces Futu as A New Shareholder
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. together with AMTD IDEA Group (“AMTD IDEA”) (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (“AMTD Digital”) (NYSE: HKD), altogether known as (“AMTD”), jointly welcome that Airstar Bank, a Hong Kong virtual bank jointly co-established by AMTD and Xiaomi Corporation, has successfully introduced Futu Holdings Limited (“Futu") as a new shareholder through its investment into Gravitation Fintech HK Limited, the parent company of Airstar Ba.
- 06/07/2024
|
Airstar Bank, with AMTD as a co-founder, successfully introduces Futu as A New Shareholder
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. together with AMTD IDEA Group (“AMTD IDEA”) (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (“AMTD Digital”) (NYSE: HKD), altogether known as (“AMTD”), jointly welcome that Airstar Bank, a Hong Kong virtual bank jointly co-established by AMTD and Xiaomi Corporation, has successfully introduced Futu Holdings Limited (“Futu”) as a new shareholder through its investment into Gravitation Fintech HK Limited, the parent company of Airstar Ba.
- 06/07/2024
|
AMTD IDEA Group Filed 2023 Annual Report on Form 20-F
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or the “Company”, NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc., today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on May 13, 2024. The annual report is available on the Company's investor relations website at http://ir.amtdinc.com. The Company will provide a hard copy.
- 05/13/2024
|
AMTD Group Inc. Announces the Adoption of a Completely Independent and Non-Executive Board Structure and an Innovative CEO Rotation System Across the Group
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. (“AMTD Group”), the controlling shareholder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”) today announced the introduction and adoption of an innovative system through which the CEOs of all of its operating companies and key subsidiaries, including AMTD IDEA and AMTD Digital, will be appointed by the Executive Management Committee (“EMC”) of the applicable entities on a ro.
- 04/30/2024
|
AMTD IDEA Completed Its Auditor Rotation Process
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or the “Company,” NYSE: AMTD; SGX: HKB) announced that its board of directors and the audit committee have approved the change of its independent registered public accounting firm from Deloitte Touche Tohmatsu to Audit Alliance LLP (“Audit Alliance”), effective on April 22, 2024. The Company appointed Audit Alliance as its independent registered public accounting firm to audit the consolidated financial statements of th.
- 04/30/2024
|
How To Move Your Account (ACATS) From TD Ameritrade To Robinhood
- If you're curious about any other part of the Robinhood process, check out this page: a regularly-updated list of all our Robinhood guides, news coverage, and lists of benefits.
- 03/07/2024
|
AMTD IDEA Group Announces a New Share Repurchase Program
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$20 million of its American depositary shares or ordinary shares until the end of the last business day of the first quarter in 2024, U.S. Eastern Time. The Company plans to adopt and implement this share repurchase program in accordance with applica.
- 02/14/2024
|
AMTD World Media And Entertainment Group Embraces Full Independent Board Structure, Ready For Its 2.0 Stage Of Development And Growth In The Global Domain
- PARIS--(BUSINESS WIRE)--AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”, and together with AMTD Group and AMTD IDEA as “AMTD”), announced the following new appointments for existing and/or new members of the boards of AMTD IDEA, AMTD Digital and AMTD World Media and Entertainment Group (“AMTD WME”), a joint venture among AMTD Group. AMTD IDEA and AMTD WME: Mr. Jazz Li has been appointed as an independent dire.
- 02/09/2024
|
AMTD IDEA Successfully Completed Its Share Repurchase Program
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company has successfully completed the repurchase of all of the shares authorised under the US$40 million repurchase program previously announced. Dr. Feridun Hamdullahpur, Chairman of the Company commented, “We are fully confident about the sustainable values of the Company as well as the diversity harvested through the Company's successful international busi.
- 02/05/2024
|
AMTD IDEA Awarded “Best Financial Services” Recognition
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”) is pleased to announce that it has been granted “the Guangdong-Hong Kong-Macao Greater Bay Area – Best Financial Services Award” by Hong Kong Ta Kung Wen Wei Media Group in the fourth “Pilot 9+2” Guangdong-Hong Kong-Macao Greater Bay Area Development Forum and Award Ceremony. This recognition marks the second time AMTD IDEA being awarded with the Best Financial Services Award sin.
- 01/05/2024
|
AMTD Movie “Goldfinger” will be Globally Released tomorrow across U.S., Canada, U.K., Australia, New Zealand, and major cities across Asia
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Digital Inc. (NYSE: HKD) ("AMTD Digital"), alongside with AMTD Group Inc. ("AMTD Group") and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) ("AMTD IDEA"), through AMTD World Media and Entertainment Group, together as "AMTD", are excited to announce that a new movie titled “The Goldfinger” (“Movie”) will be released globally to public across P.R.C., Hong Kong SAR, Macau SAR, China Taiwan, Singapore, Malaysia, Australia, New Zealand, UK, USA, and Canada.
- 12/29/2023
|
AMTD IDEA Recorded Solid Performance With 47.4% Increase In Net Assets to US$1.5 Billion; A 8.6% Increase In Total Revenue to US$128.0 Million
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or the “Company”, NYSE: AMTD;SGX: HKB), a NYSE and SGX-ST dual listed company and a controlling shareholder of AMTD Digital, today announced its unaudited financial results for the six months ended June 30, 2023. Coinciding with the announcement, AMTD IDEA also announced the migration of its headquarters and principal executive office to Paris, France. AMTD Group is a conglomerate focusing on the “IDEA” strategy to deve.
- 12/28/2023
|
L'Officiel Art and AMTD IDEA, in Partnership with ENVISEAM, Hosts an Exclusive VIP Event to Celebrate the Successful Collaboration between Christie's and Jay Chou on this Autumn's Post- Millennium Evening Sale
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Digital Inc. (“AMTD Digital”) (NYSE: HKD), together with AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Group Inc. (“AMTD Group”), through AMTD World Media and Entertainment Group (“AMTD WME”), are thrilled to announce that ENVISEAM, in partnership with L'Officiel Art and AMTD IDEA, successfully hosted an exclusive VIP event in celebration for the collaboration between Christie's and Jay Chou on this Autumn's Post- Millennium Ev.
- 11/29/2023
|
AMTD IDEA achieved 2.5 times digital media & entertainment revenue in the first half of 2023
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”) today announced a positive profit estimate for the six months ended June 30, 2023: During the six months ended June 30, 2023, despite the global economic slowdown and rising geopolitical uncertainties, leading to volatile world markets overall, the Company demonstrated strong resilience and achieved solid financial performance. Total revenue for the six months ended June 30, 2023.
- 11/28/2023
|
L'Officiel announces the launch of L'Officiel Hong Kong
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Digital Inc. (“AMTD Digital”) (NYSE: HKD), together with AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Group Inc. (“AMTD Group”), through AMTD World Media and Entertainment Group (“AMTD WME”), are thrilled to announce the launch of L'Officiel Hong Kong. The digital platform is now launched together with the print magazine which is expected to hit the market in early 2024. This exciting announcement follows AMTD's successful acq.
- 11/27/2023
|
L'Officiel HK successfully registered all magazines with the HK SAR Government's Office for Film, Newspaper and Article Administration
- NEW YORK & PARIS & SINGAPORE--(BUSINESS WIRE)--AMTD Digital Inc. (NYSE: HKD), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), alongside with AMTD Group Inc., are pleased to jointly announce through AMTD World Media and Entertainment Group ("AMTD WME") that, the Government of The Hong Kong Special Administrative Region (“HK SAR Government”)'s Office For Film, Newspaper and Article Administration has issued a formal letter to AMTD Group (“AMTD”) informing about the successful registration of 3 magazines,.
- 11/14/2023
|
AMTD Pleased to Present the New Movie “The Goldfinger”
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Digital Inc. (NYSE: HKD) ("AMTD Digital"), alongside with AMTD Group Inc. ("AMTD Group") and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) ("AMTD IDEA"), through AMTD World Media and Entertainment Group, together as "AMTD", are thrilled to announce that another new movie titled “The Goldfinger” (“Movie”) will be released to public globally on December 30, 2023. “The Goldfinger” is an action crime thriller film written and directed by Felix Chong, and.
- 11/10/2023
|
AMTD IDEA Group Announces ADS Ratio Change
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”), today announced that it will change the ratio of its American depositary shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio Change”), par value US$0.0001 per share, from one (1) ADS representing two (2) Class A ordinary shares to one (1) ADS representing six (6) Class A ordinary shares, effective on or about November 17, 2023, U.S. Eastern Time (the “Effective Date”).
- 11/07/2023
|
Top 5 Financial Stocks That Could Lead To Your Biggest Gains In Q4 - AMTD IDEA Group (NYSE:AMTD), Great Ajax (NYSE:AJX)
- The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
- 11/02/2023
|
AMTD IDEA Earmarks 70% of the Share Repurchase Program's Total Approved Amount in October and November, 2023
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group ("AMTD IDEA" or "Company", NYSE: AMTD; SGX: HKB), announced yesterday that the Company's board of directors has authorized an extension of the existing share repurchase authority under the share repurchase program (the “Program”) previously announced on August 22, 2023 and updated on September 22, 2023, to cover a longer period until the end of the last business day of the first quarter in 2024, U.S. Eastern Time. Out of the Program.
- 10/25/2023
|
AMTD IDEA Extends Share Repurchase Program till end of 1st Quarter in 2024
- PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company's board of directors have authorized an extension of the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 and updated on September 22, 2023, until the end of the last business day of the first quarter in 2024, U.S. Eastern Time. About AMTD IDEA Group AMTD IDEA Group, formerly known as AMTD I.
- 10/24/2023
|
Penny Stocks To Buy This Week? 4 To Watch Under $5
- If you're looking for penny stocks to buy this week, you've got your work cut out for yourself. Plenty of headwinds will be faced, including more tech earnings and Friday's speech from Fed Chair Jerome Powell.
- 08/22/2023
|
AMTD, HKD stocks are soaring ahead of earnings: time to buy?
- AMTD Idea (NYSE: AMTD) stock price jumped sharply this week as a short-squeeze happened ahead of the upcoming earnings. The stock jumped to a high of $1.70, the highest point since February 10.
- 04/12/2023
|
Top 5 Financial Stocks You'll Regret Missing This Quarter - Credit Suisse Group (NYSE:CS), AMTD IDEA Group (NYSE:AMTD)
- The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
- 03/28/2023
|
AMTD IDEA Group: I'm Still Deeply Unimpressed
- AMTD IDEA Group - along with AMTD Digital - had a huge IPO pop followed by the inevitable decline. The question now is whether there's something worth this very much lower price.
- 03/02/2023
|
Penny Stocks To Buy? 7 To Watch Now After Big News
- Will penny stock news put these on your buy or sell list this week? The post Penny Stocks To Buy?
- 02/22/2023
|
3 Penny Stocks To Watch After Big News In February 2023
- Penny stocks to watch with news this week. The post 3 Penny Stocks To Watch After Big News In February 2023 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 02/10/2023
|
The Investors Betting on AMTD Digital (HKD) and AMTD IDEA Group (AMTD) Stock
- Yesterday, shares of AMTD Digital (NYSE: HKD ) stock closed higher by just over 200% on no company-specific news. Last August, shares peaked to as high as $2,555, which was driven by retail speculation and the r/WallStreetBets crowd.
- 01/06/2023
|
How to Find Cheap Penny Stocks to Make Money Trading
- Use these tips for finding cheap penny stocks to buy The post How to Find Cheap Penny Stocks to Make Money Trading appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 01/06/2023
|
Hot Penny Stocks To Watch Today As Stock Market Crash Continues
- Hot penny stocks to watch today. The post Hot Penny Stocks To Watch Today As Stock Market Crash Continues appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 09/20/2022
|
Top Penny Stocks to Buy Right Now? 3 for Your Mid-September List
- Looking for penny stocks to buy today? 3 for your watchlist right now The post Top Penny Stocks to Buy Right Now?
- 09/15/2022
|
Ride the Wave With AMTD Stock or Get Out of the Way
- Not long ago, holding company AMTD IDEA Group (NYSE: AMTD ) stock rose from obscurity. AMTD Digital (NYSE: HKD ), the company's subsidiary, was probably the target of a massive short squeeze.
- 08/17/2022
|
Why Is AMTD Idea (AMTD) Stock Up 30% Today?
- AMTD Idea (NYSE: AMTD ), the company behind last month's AMTD Digital (NYSE: HDK ) stock explosion, saw its stock briefly jump 27% overnight after it announced it will move cash from some of its real estate assets into the spinoff. The company said net proceeds of $268 million from a $500 million real estate sale will first be turned into AMTD Idea stock at $8.68 per share.
- 08/16/2022
|
4 Hot Stocks That Indicate Meme Mania Is on the Rise
- Hot stocks took on a whole new meaning during meme stock mania. The question now is: are meme stocks back?
- 08/16/2022
|
Why AMTD Idea Group Is Tumbling Again Today
- The newly minted meme stock continues its implosion.
- 08/08/2022
|
Meme stock AMTD plunges 34% back to earth after eye-popping surge
- The company's skyrocketing shares, which closed at $1,100, are reminding investors of the meme stock mania last year.
- 08/03/2022
|
5 Investors Betting Big on AMTD Idea (AMTD) Stock
- AMTD Idea (NYSE: AMTD ) traded higher today before falling in the red. Shares of AMTD are currently down over 10%.
- 08/03/2022
|
Best Penny Stocks to Watch Before Market Open on August 2nd
- Here's what you need to know about buying penny stocks on August 2nd The post Best Penny Stocks to Watch Before Market Open on August 2nd appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 08/02/2022
|
Why Is AMTD Digital (HKD) Stock Up 100% Today?
- Since its mid-July initial public offering, AMTD Digital (NYSE: HKD ) stock has gone to the moon. At the time of writing, HKD stock trades at $390.
- 07/29/2022
|
4 Penny Stocks To Watch After HKD Stock Explodes Over 2000%
- HKD stock sends bullish sign to penny stocks & small-caps The post 4 Penny Stocks To Watch After HKD Stock Explodes Over 2000% appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 07/29/2022
|
What to Know About Trading Penny Stocks in August
- Check these tips out for trading penny stocks in August The post What to Know About Trading Penny Stocks in August appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 07/23/2022
|
AMTD Digital (HKD) Stock Surges Over 50% Today: Details
- The stock price of AMTD Digital Inc (NYSE: HKD) surged by over 50% during intraday trading today. These are some details you should know.
- 07/22/2022
|
Retail traders ‘did an outstanding job' with initial meme stock trades: Fmr. TD Ameritrade CEO
- Joe Moglia, Fmr. TD Ameritrade CEO and Coastal Carolina University Executive Director of Football, joins Yahoo Finance's Brad Smith to discuss investing amid a global crisis.
- 03/01/2022
|
How Seriously Should You Take Price Targets?
- Industry Focus opens up the mailbag about this and other subjects.
- 10/18/2021
|
Top 5 Brokers Raked In Over $1 Billion Payment For Order Flow During The First Quarter Of 2021
- TD Ameritrade, Robinhood, E*Trade, Charles Schwab (NYSE:SCHW), and Webull collected $1.02 billion in payment for order flow in the first quarter of the year. $436 million of these payments came from equity trades, while $587 million have been paid for options trades
- 05/06/2021
|
TD Ameritrade: Dave Nadig's ETF Trends To Monitor In 2021
- Joining TD Ameritrade Network's “Morning Trade Live” with host Oliver Renick, ETF Trends' CIO and Director of Research, Dave Nadig, makes a case for infrastructure ETFs PAVE and NFRA as funds to watch in 2021. He also reveals whether he sees reopening funds like AWAY continuing to trend higher throughout the year.
- 03/22/2021
|
TD Ameritrade's JJ Kinahan says people want to be involved in Tesla, Nio
- TD Ameritrade chief market strategist JJ Kinahan says we could see retail investors put more money in the stock market after we receive the third stimulus relief bill. Some of the more popular stocks have been Tesla and Nio.
- 03/12/2021
|
Ex-TD Ameritrade CEO says it's never been easier for retail investors to compete with Wall Street pros
- "The playing field between the retail and the institutional investor is more level than I've ever seen it," said former TD Ameritrade CEO Fred Tomczyk.
- 02/19/2021
|
GameStop hearing didn't properly address trading restrictions: Fmr. TD Ameritrade CEO
- Fred Tomczyk, former TD Ameritrade CEO, joins "Squawk on the Street' to discuss the GameStop hearing in the House and the rise of retail trading.
- 02/19/2021
|
Charles Schwab lays off 200 more employees amid TD Ameritrade integration
- Charles Schwab said Wednesday it is laying off about 200 employees amid its integration with TD Ameritrade.
- 02/10/2021
|
Fintech OppFi Gets SPAC Deal From Former TD Ameritrade CEO
- A SPAC from former TD Ameritrade CEO Joe Moglia announced a planned merger with Opportunity Financial on Wednesday. The SPAC Deal: OppFi will go public with FG New America Acquisition Corp (NYSE: FGNA) in a deal valuing the company at $800 million.
- 02/10/2021
|
TD Ameritrade: Dave Nadig Talks Diversification In A Flexible ETF Wrapper
- Diversification is always key to successful investing, and it's a great way to get into some ETF education. ETF Trends' CIO and Director of Research, Dave Nadig, was on hand to discuss some notable ETFs that would serve long-time investors well with TD Ameritrade's Nicole Petallides during “Market Overtime.
- 02/09/2021
|
Former TD Ameritrade CEO: Playing field for traders continues to level
- Fred Tomczyk, former TD Ameritrade CEO, joins "Squawk Alley" to discuss Robinhood's business model and whether these companies work for retail traders.
- 02/01/2021
|
Former TD Ameritrade CEO Joe Moglia on Reddit-driven short squeeze
- Joe Moglia, former chairman and CEO of TD Ameritrade and former head football coach from Coastal Carolina, joined "Squawk Box" on Monday to help put the Reddit short squeeze in perspective.
- 02/01/2021
|
Charles Schwab, TD Ameritrade parent, has 'technical issues' due to 'unprecedented week in investing'
- Charles Schwab on Thursday notified users of technical difficulties due to an "unprecedented week of trading.".
- 01/29/2021
|
TD Ameritrade's market strategist: Restrictions due to 'unparalleled volatility'
- CNBC's "Power Lunch" discusses how brokers are implementing restrictions on certain names during the retail investor frenzy with JJ Kinahan, chief market strategist at TD Ameritrade.
- 01/28/2021
|
GameStop, AMC gyrations hit Charles Schwab, TD Ameritrade with outages
- Mobile brokerage apps experienced outages early Wednesday amid early-morning market chaos.
- 01/27/2021
|
Schwab earnings top estimates in first report since TD Ameritrade merger, accounts near 30 million
- Schwab now operates nearly 29.6 million brokerage accounts. Assets grew to a record $6.69 trillion at the end of 2020.
- 01/19/2021
|
Volatility, TD Ameritrade Buyout to Aid Schwab (SCHW) Q4 Earnings
- While Schwab's (SCHW) trading revenues are likely to have risen in Q4 amid higher market volatility, its interest revenues are not expected to have improved significantly.
- 01/15/2021
|
TD Ameritrade Investor Movement Index: IMX Score Rebounds as Markets Hit December Highs
- OMAHA, Neb.--(BUSINESS WIRE)--The Investor Movement Index® (IMXSM) increased to 6.26 in December, up 15.71 percent from its November score of 5.41. The IMX is TD Ameritrade's proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets. The reading for the four-week period ending December 24, 2020 ranks “Middle” compared to historic averages. “To cap off a tumultuous year, the
- 01/04/2021
|
Investors should stick to IPO names they know, says TD Ameritrade strategist
- JJ Kinahan, TD Ameritrade chief market strategist, joins 'Squawk Box' to discuss the state of the markets heading into 2021 and his review of 2020's SPACs.
- 12/31/2020
|
Retail brokerage industry faced 'perfect storm' in 2020: JMP's Devin Ryan
- Devin Ryan, JMP Securities senior research analyst, joins "The Exchange" to discuss the explosion of growth in retail investing during the Covid-19 pandemic and as commission fees disappeared from major online brokerages. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 12/30/2020
|
Millennials showed interest in DoorDash, Airbnb on the first day of trading: TD Ameritrade's Kinahan
- JJ Kinahan, chief market strategist at T.D. Ameritrade, told CNBC's "Squawk Box" Friday about 41% of DoorDash's trades on his brokerage's platform were from millennial clients while for Airbnb it was about 45%.
- 12/11/2020
|
Emerging markets depend on global trends despite relative strength: TD Ameritrade Singapore
- Christopher Brankin of TD Ameritrade Singapore explains why emerging markets rely on global trends and the opportunities he sees in regional banks.
- 11/19/2020
|
TD Ameritrade's Stephanie Lewicky digs into where stocks are headed next
- Stephanie Lewicky, sr. manager trader education futures with TD Ameritrade, on trading the sell-off.
- 11/12/2020
|
Schwab, Vanguard, Other eBrokers Face Outages As Dow Soars
- Amid surging stocks, some online brokers like TD Ameritrade, Charles Schwab and Vanguard are missing out due to the websites going down, CNBC reported. The highs came from the revelation early Monday (Nov. 9) about a possible COVID-19 vaccine from Pfizer, which that company said had a 90 percent chance of working.
- 11/09/2020
|
Online Brokers Suffer Service Failures as Markets Surge
- Once again, online brokers suffer service failures during a market surge at the market open on November 9, 2020, in a reaction to election and vaccine news. Among those having issues were Charles Schwab, TD Ameritrade, Merrill Edge, and Fidelity.
- 11/09/2020
|
Market Extra: Surge in trading swamps Schwab, TD Ameritrade and other brokerages as stocks hit records
- Users were reporting problems with brokerage websites as stocks reached new heights on Monday following positive vaccine developments.
- 11/09/2020
|
Trading volume has led to outages at some online brokerages
- CNBC's Kate Rooney reports on outages at online brokerages as investors rush to make trades.
- 11/09/2020
|
E-brokers report outages as Dow jumps 1,000 points in vaccine rally
- E-brokers are experiencing outages on Monday amid records in the Dow and S&P 500.
- 11/09/2020
|
People are reporting issues accessing their Fidelity, Ameritrade, Vanguard, Merrill, and Charles Schwab accounts
- Early Monday morning, customers were reporting issues with logging into personal finance accounts from Fidelity, Ameritrade, Vanguard, Merrill, and Charles Schwab. DownDetector, a website that tracks website outages, first reported issues around 10 a.m. ET.
- 11/09/2020
|
Charles Schwab is consolidating around 200 TD Ameritrade branches as integration gets underway. Here's where they have the most overlap.
- Charles Schwab has "moved aggressively" to start combining branch networks now that its tie-up with TD Ameritrade is complete, the firm said Thursday during its latest business update. "There was a significant amount of overlap across our footprint, which we're eliminating," Charles Schwab Chief Operating Officer Joe Martinetto, who is leading the integration efforts, said on the call with analysts.
- 10/30/2020
|
Leaked Charles Schwab memo sheds light on the firm's 1,000 job cuts as it integrates TD Ameritrade (SCHW)
- A memo circulated Monday on one primary team at Charles Schwab illuminates how at least one leader messaged the first instance of layoffs after the firm's $26 billion TD Ameritrade deal officially closed. "While the Client Service & Support (CS&S) team and organizational structure are not changing at this time, people we work with to serve and support clients, in some cases, will," wrote Rahul Magan, senior vice president and head of the team, according to a memo obtained by Business Insider.
- 10/27/2020
|
Charles Schwab to cut 1,000 staffers after merger with TD Ameritrade
- Charles Schwab and TD Ameritrade's merger aimed at dominating the discount stock-trading market will come with a cost for some of their staffers. Schwab plans to lay off about 1,000 workers now that it's acquired its one-time rival in an effort to “reduce overlapping or redundant roles across the two firms,” the San Francisco-based brokerage said.
- 10/27/2020
|
Charles Schwab To Ax 3% Of Workforce To Rid of 'Redundant' Roles Post TD Ameritrade Merger
- Charles Schwab Corporation (NYSE: SCHW) announced 3% job cuts, or roughly 1,000 layoffs, from Charles Schwab and TD Ameritrade's combined workforce on Monday. Schwab claimed it would extend support for the affected employees with reemployment assistance and severance benefits.
- 10/27/2020
|
Charles Schwab to lay off 1,000 workers following TD Ameritrade merger
- Just weeks after closing its acquisition of TD Ameritrade, Charles Schwab Corp. announced Monday it will lay off about 1,000 employees, or 3% of its combined workforce.
- 10/26/2020
|
Charles Schwab to lay off 1,000 workers following merger with TD Ameritrade
- The integration of Schwab's and TD Ameritrade's operations is expected to take place over the next 18 to 36 months as the company seeks to streamline its structure.
- 10/26/2020
|
Charles Schwab to cut about 1,000 jobs
- Charles Schwab Corp said on Monday it is laying off about 1,000 positions in the combined workforce of Charles Schwab and TD Ameritrade to streamline and reshape their branch network.
- 10/26/2020
|
Charles Schwab to lay off 1,000 workers following TD Ameritrade merger
- Just weeks after closing its acquisition of TD Ameritrade, Charles Schwab Corp. announced Monday it will lay off about 1,000 employees, or 3% of its combined workforce.
- 10/26/2020
|
Charles Schwab plans to lay off 3% of its workforce following TD Ameritrade merger
- Charles Schwab said Monday that it is laying off 1,000 employees just weeks after completing its acquisition of TD Ameritrade. The job cuts are part of efforts to "reduce overlapping or redundant roles" across both firms, the company said.
- 10/26/2020
|
Just Another Reason Why XP Is Overvalued
|
Trading apps like Robinhood are having a moment. But users should be careful
- Robinhood, an investing app, saw record trades in June. But what's good news for the trading app is likely not good news for a user's long-term financial health.
- 08/21/2020
|
Tracking George Soros's Portfolio - Q2 2020 Update
- Soros' 13F portfolio value increased from $1.98B to $4.48B this quarter. The number of positions increased from 118 to 141.
- 08/21/2020
|
Tracking John Paulson's Paulson & Company Portfolio - Q2 2020 Update
- John Paulson’s 13F portfolio value increased from $2.62B to $3.13B this quarter. Paulson & Company's largest three positions are Bausch Health, Horizon Therapeutics, and SPDR Gold ETF.
- 08/19/2020
|
TD Ameritrade trading platform thinkorswim hit by systems glitch
- Online retail brokerage TD Ameritrade Holding Corp said some of its thinkorswim desktop trading platform customers were unable to log on for a second-straight day, as the S&P 500 <.SPX> hit a new all-time intraday high on Tuesday. In the meantime, clients can access their accounts through thinkorswim Web, the thinkorswim mobile app and via all other TD Ameritrade platforms. The surge also came as Main Street investors cheered the recent elimination of trading fees by most large online brokerages, including TD Ameritrade.
- 08/18/2020
|
Robinhood Now Valued at $11.2 Billion After Latest Funding Round
- Robinhood Markets announced on Monday that it had raised $200 million from D1 Capital Partners, lifting the company’s valuation to $11.2 billion from $8.6 billion just last month. It is Robinhood’s third funding round of 2020, and comes after the online broker has been leapfrogging competitors in terms of customer growth and daily trades during the pandemic. Robinhood pioneered zero-commission investing, a business model that its competitors have now adopted, too.
- 08/17/2020
|
Top Merger Stocks Held By Fund Managers, Mid-Q3 2020
- Form 13F filings show fund managers' top arbitrage stocks. Top M&A stocks of the 36 funds I follow.
- 08/17/2020
|
Dividend Champion And Contender Highlights: Week Of August 16
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
- 08/15/2020
|
These Were The Stocks That Caught TD Ameritrade Clients' Attention In July
- TD Ameritrade Holding Corp. (NASDAQ: AMTD) clients participated in the electric vehicle craze last month.According to the Investor Movement Index, an index that measures a sampling of client accounts with at least one trade in the past month, TD Ameritrade clients were net buyers of electric vehicle stocks like Tesla Inc (NASDAQ: TSLA), Nio Inc (NYSE: NIO), and Nikola Corporation (NASDAQ: NKLA) in July. Overall trading volume in all three stocks increased last month with mixed performance--shares of Tesla and Nio rallied to new all-time highs, while Nikola continued its fall from June.TD Ameritrade clients were also net buyers of Dow components Pfizer Inc. (NYSE: PFE), Apple Inc. (NASDAQ: AAPL), and Microsoft Corporation (NASDAQ: MSFT) during the month, as well as names like Crowdstrike Holdings Inc (NASDAQ: CRWD) and American Airlines Group Inc (NASDAQ: AAL).Some of the stocks that were net sold during the period include Roku Inc (NASDAQ: ROKU), Facebook, Inc. (NASDAQ: FB), Costco Wholesale Corporation (NASDAQ: COST), FedEx Corporation (NYSE: FDX), Twitter Inc (NYSE: TWTR), and United Airlines Holdings, Inc. (NASDAQ: UAL)TD Ameritrade Chief Market Strategist JJ Kinahan said stocks cited by the firm as being net bought or net sold aren't necessarily the ones with the greatest buy or sell imbalance among clients, but that experienced the greatest month-over-month changes in trading activity.Increased Exposure To Stocks Overall, the Investor Movement Index increased to 4.63 in July, a 1.76% increase from June. This marks the third straight month of gains for the index after it fell to an all-time low of 3.9 in April. The trend suggests that TD Ameritrade clients have been steadily increasing their market exposure over the past three months. Source: TD Ameritrade"What [the IMX] tells me is people have a lot of doubts still because there are still so many headwinds right now," said Kinahan. "There are so many unknowns that people are nervous to be all in."As far as the types of stocks clients are net buying, Kinahan observed a dichotomy in what appears to be capturing client attention."It's a little bifurcated between stocks you're going to have as an investment like Pfizer, and then on the other side the Nikola's and Crowdstrikes which are more speculative."Kinahan also observed that clients don't appear to have a clear conviction on social media stocks one way or the other."What I find interesting is the social media space is one where people can't decide what to do. They were buyers of Facebook and Twitter a couple of months ago, and now it's at a point where [people are wondering] 'Do I really want to be involved there?' Once congress has you in their sights, anything can happen."See more from Benzinga * FANG Stocks Continue To Rise * The Growing Email Scam That's Almost Impossible To Reverse * Gold Just Hit An All-Time (Nominal) High—How To Play The Trade With ETFs(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/10/2020
|
Investor Movement Index Summary: July 2020
- TD Ameritrade clients increased exposure to equity markets modestly during the July period. The IMX score increased 1.76% during the period, or 0.08, to 4.63 from 4.55 the previous period.TD Ameritrade clients were once again net buyers overall during the July period, and were net buyers of equities. They preferred the Consumer Discretionary, Information Technology, and Health Care sectors, with heavy net buying across all three. Net buying overall helped push the IMX score higher. Volatility trailed off during the period, as measured by the Cboe Volatility Index, or VIX. The VIX began the period in the mid-30s but trended lower and ended near 25.Equity markets moved higher during the period as optimism about economies reopening took hold. The S&P 500 and Dow Jones Industrial Average increased by 8.71% and 5.65%, respectively. The Nasdaq Composite posted the largest percentage gain of the three major U.S. indices, up 10.13% during the period. The COVID-19 pandemic continued to dominate headlines, with deaths in the U.S. passing 150,000 as the country leads the globe in the number of cases and fatalities. Congress began discussing additional stimulus measures with the Senate passing a $1 trillion coronavirus relief bill proposal, but the bill stalled in the House. Economic data was mixed during the period. It was announced that consumer spending increased 5.6% during June but appeared to pull back during the July period as coronavirus cases began to increase. GDP was also in focus, with news that the U.S. economy contracted at a record annual rate during the second quarter, down 32.9%. This was the steepest drop in more than 70 years as the pandemic weakened consumer spending. Federal Reserve Chairman Jerome Powell announced that the Fed will keep interest rates near zero for the foreseeable future and that the Fed is "committed to using our full range of tools to support the economy in this challenging time."Trading TD Ameritrade clients were net buyers of equities during the period. Electric automakers were in favor, with clients purchasing NIO Inc (NYSE: NIO), Tesla Inc (NASDAQ: TSLA), and Nikola Corporation (NASDAQ: NKLA). NIO said it delivered over 10,000 vehicles in the quarter ended in June, exceeding the company's quarterly guidance, and delivered 3,740 vehicles in June which was a monthly record. The stock traded higher on the news and reached an all-time high. TSLA was a net buy for the first time in four months as the company is prepping for its planned Texas Gigafactory and has a coming battery and investor day in September where it is predicted the company will unveil its new million-mile battery. NKLA was also net bought as the company announced it has signed some blue-chip customers for its fuel-cell truck, including Anheuser-Busch Inbev NV (NYSE: BUD), which ordered 800 trucks. The company is expected to release its electric truck in 2021 and a hydrogen cell truck in 2023. Pfizer Inc. (NYSE: PFE) announced a deal with the U.S. government in which the company, and partner BioNTech, will receive $1.95 billion when they deliver the first 100 million doses of BNT162, assuming the drug is approved by the FDA for the prevention of COVID-19. The stock was net bought on the news. Big Tech companies Apple Inc. (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) were both net buys. Each stock reached an all-time high during the period, with AAPL getting a bump after announcing a 4-1 stock split and MSFT announcing intentions to become a major player in social media with the planned acquisition of TikTok's U.S. operations. Crowdstrike Holdings Inc (NASDAQ: CRWD), a leader in cloud-delivered endpoint protection, received an analyst upgrade as it was identified as one of the fastest-growing endpoint security software vendors, and was net bought.Additional popular names bought include AT&T Inc. (NYSE: T) and American Airlines Group Inc (NASDAQ: AAL).Although they were net buyers, TD Ameritrade clients found some names to sell during the period. ROKU Inc (NASDAQ: ROKU) increased over 25% during the period after receiving an analyst upgrade related to an upbeat outlook for streaming demand amid a surge in U.S. coronavirus cases, which could lead to businesses and theaters closing or limiting capacity again, and was net sold. Facebook, Inc. (NASDAQ: FB) was net sold as the stock reached an all-time high. The company beat on both revenue and earnings estimates, nearly doubling net income from the year-ago period, and it has signed several deals with Universal Music Group, Sony Corp (NYSE: SNE) and Warner Music Group Corp (NASDAQ: WMG) to secure the right to show music videos. Costco Wholesale Corporation (NASDAQ: COST) reported a year-over-year rise in traffic at its stores, its first positive result since pandemic lockdowns took off in March, which helped the stock reach an all-time high and was net sold. FedEx Corporation (NYSE: FDX) approached a 52-week high near the end of the period after trading higher in sympathy with United Parcel Service, Inc. (NYSE: UPS) after it reported better-than-expected second-quarter earnings and revenue results, noting pandemic related changes for the strong results, and was net sold.Additional names sold include Twitter Inc (NYSE: TWTR) and United Airlines Holdings Inc (NASDAQ: UAL).Inclusion of specific security names in this commentary does not constitute a recommendation from TD Ameritrade to buy, sell, or hold.Historical Overview TD Ameritrade's Investor Movement Index (IMX) has generally correlated with the S&P 500 as clients react to equity price movements, but the index has gone through uncorrelated periods. Beginning in January 2010, when TD Ameritrade started tracking the IMX, the index rose with equity markets until April 2010, when it peaked at 5.40.In May 2010 investors experienced the "Flash Crash" and the IMX began a sharp downward trend. The IMX didn't reach 5.00 again until the S&P 500 was well above April 2010 levels. The index eventually peaked at 5.56 in June 2011. This peak was immediately followed by a plunge in equity markets, and in the IMX, as the media was dominated by the U.S. debt ceiling debate, S&P downgrade of U.S. debt, and European debt concerns. The S&P 500 began to recover in the fall of 2011, but the IMX continued to decline until it reached a new low at the time in January 2012. As the S&P 500 began to sustain an upward trend in early 2012, the IMX started to rise. In 2013, as economic conditions improved and the S&P 500 climbed to record levels, the IMX rose to the high end of its historical range, finishing 2013 at 5.62, and continued to rise in 2014 amid geopolitical tensions related to Ukraine and the Middle East, until seeing slight declines in October and November.By the middle of 2015, the IMX had seen increases, as equity market volatility had reduced to near historical levels while the market continued its upward trend. As 2015 ended its third quarter, volatility had returned to markets, as global economic concerns and speculation around the timing and trajectory of Federal Reserve rate increases seemed to rattle overall equity markets. This uncertainty continued to play a role in the equity markets through the fourth quarter of 2015 and into early 2016.The volatility accompanying this uncertainty abated in the second quarter of 2016 and remained low until late in the third quarter. Just as it had in 2015, the IMX saw increases mid-year during the period of lower volatility. The IMX continued to climb into the fourth quarter reaching 5.83 in October 2016, its highest point in two years. A brief spike in volatility during November, timed around the U.S. presidential election, coincided with a slight pullback in the IMX, which then ended 2016 at the high end of its historical range. The IMX started 2017 with an upward trend and reaching an all-time high in March, before pausing in April as lower volatility lead to a decrease in the IMX. The momentum resumed in May, with the IMX breaching 7.0 for the first time ever in July of 2017.The IMX took another brief pause in September, before following markets higher and breaching 8.0 for the first time ever in November and ending 2017 at an all-time high. Volatility returned to the markets in early 2018, and the IMX decreased for four consecutive months to start the year. The IMX then rebounded in the spring of 2018 and continued higher during the summer on the back of better-than-expected earnings and increasing equity markets.The IMX headed higher during the fall of 2018 as economic growth increased before heading lower in late 2018 as the Nasdaq Composite entered a bear market to end the year. Geopolitical issues were in the headlines during early 2019 as the U.S. and China traded tariffs. The IMX rebounded along with equity markets in the spring of 2019 on optimism of a trade deal with China and the unemployment rate nearing a 49-year low. The IMX remained range-bound during the summer of 2019 as trade-related policy concerns led to investors favoring less-risky assets, including fixed-income products. Heading into the fall of 2019, the IMX began to rebound and ended the year at the highest levels in over a year as trade war fears diminished and economic data began to improve globally.In early 2020, the bull market ended as markets pulled back due to the COVID-19 pandemic, with markets experiencing volatility not seen since the financial crisis of 2008. During the spring of 2020, the IMX reached 3.90, its lowest point in years after equity markets sold off on pandemic fears. The IMX began to rebound into the summer of 2020 as equity markets began to rebound after a slight uptick in economic activity.Historical data should not be used alone when making investment decisions.
- 08/10/2020
|
TD Ameritrade Investor Movement Index: IMX Ticks Higher in July
- The Investor Movement Index® (IMX℠) increased to 4.63 in July, up 1.76 percent from its June score of 4.55. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
- 08/10/2020
|
Many Americans have adopted pets amid Covid-19. But beware the costs
- Owning a pet can help mitigate the social isolation of Covid-19. But having a dog or cat can also come with high costs, from veterinary care and grooming. Here's how much pet owners spend on average — and what they can do to mitigate those costs.
- 08/10/2020
|
Week’s Best: Enjoy that ‘Funemployment,’ Skip
- Longtime (AMTD) executive Skip Schweiss announced his departure on Twitter this week, where he claims to be “Funemployed at the moment.” Schweiss departs ahead of TD’s acquisition by (SCHW), following in the footsteps of Dani Fava, director of institutional product strategy and development at TD, who recently joined (ENV) in a similar role. Schweiss, who most recently led the Retirement Plan Solutions business at TD Ameritrade Institutional, is still slated to become the next president of the Financial Planning Association, but his next steps beyond that remain unclear.
- 08/07/2020
|
Schwab Announces thinkorswim Platform Will Survive
- Schwab said it plans to integrate the thinkorswim trading platforms, education and tools following its acquisition of TD Ameritrade.
- 08/06/2020
|
Schwab to Integrate thinkorswim Platform into Trade Offerings
- Charles Schwab (SCHW) plans to integrate the award-winning trading platforms into its offerings post the closure of the TD Ameritrade deal.
- 08/06/2020
|
TD AMERITRADE HOLDING CORPORATION : Ex-dividend day for | MarketScreener
|
What Is Online Trading Academy?
- Online Trading Academy educates individuals about stocks, forex, futures and options as well as investment strategies based on the student’s trading style.
- 08/05/2020
|
Skip Schweiss is Latest to Exit TD Ameritrade
- (AMTD) executive Skip Schweiss has flown the coop. Schweiss, a 12-year company veteran, announced his departure on Twitter this week, where he claims to be “Funemployed at the moment.” Most recently, Schweiss was responsible for the Retirement Plan Solutions business at TD Ameritrade Institutional.
- 08/05/2020
|
Stocks Climb to Start the Month as New Virus Cases Fall
- The Nasdaq Composite is once again leading the major indexes higher. Investors are hoping more news later this week around unemployment could help extend the gains.
- 08/03/2020
|
Nissay Asset Management Corp Japan ADV Acquires 2,969 Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD)
- Nissay Asset Management Corp Japan ADV lifted its holdings in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 12.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,552 shares of the financial services provider’s stock after purchasing an additional 2,969 […]
- 08/02/2020
|
Dividend Champion And Contender Highlights: Week Of August 2
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
- 08/01/2020
|
Stock Splits Pay Off—on the Rare Occasions They Occur
- Shares of Apple enjoyed a big bounce after the iPhone maker revealed plans to execute a 4-for-1 stock split.
- 08/01/2020
|
Robo-Advisors Thrived Amid the Covid-19 Volatility. Here’s Barron’s Latest Robo Ranking.
- Robo-advisors helped clients weather this year’s market turbulence—and kept people invested as stocks rebounded. SigFig scores best in Barron’s fourth annual ranking.
- 08/01/2020
|
August Outlook: Politics Likely To Be In Play As New Month Gets Started
- Some say never bring up politics. Looking ahead to August on Wall Street, though, it’s hard to avoid.
Entering the month, the big question is whether Congress and the White...
- 07/30/2020
|
TD Ameritrade Institutional: RIAs Are Prepared to Weather Coronavirus Challenges
- TD Ameritrade Institutional: new study of independent RIAs shows their resiliency and readiness for coronavirus challenges, tempered growth in 2020
- 07/29/2020
|
Planet Fitness CEO: Gyms are 'part of the solution' to pandemic
- Planet Fitness CEO Chris Rondeau proposed gyms as "part of the solution" to the coronavirus pandemic, with fitness and exercise helping combat issues such as obesity and cardiovascular disease.
- 07/28/2020
|
AMTD or TW: Which Is the Better Value Stock Right Now?
- AMTD vs. TW: Which Stock Is the Better Value Option?
- 07/24/2020
|
New Strong Buy Stocks For July 24th
- New Strong Buy Stocks For July 24th
- 07/24/2020
|
TD Ameritrade Crushes Estimates for Q3
- Collectively, analysts following the fortunes of online brokerage TD Ameritrade (NASDAQ: AMTD) were expecting the company to have a good quarter, but not this good. TD Ameritrade reported on its third quarter of fiscal 2020, and some of its results were quite impressive.
- 07/24/2020
|
59% of Americans don't plan to renew their gym memberships after Covid-19 pandemic: survey
- According to a new TD Ameritrade survey, 59% of Americans say they have found more affordable ways to work out during the pandemic and don't plan on renewing their memberships when gyms reopen.
- 07/23/2020
|
Brokers Confirm Rise Of Retail Trading
- Market Overview Analysis by Market Crumbs covering: The Charles Schwab Corporation, TD Ameritrade Holding Corporation, Interactive Brokers Group Inc. Read Market Crumbs 's latest article on Investing.com
- 07/23/2020
|
United reports $1.6B loss in in Q2, Snap sinks on growing net loss
- Yahoo Finance's Adam Shapiro and Julie Hyman break down the latest earnings reports from United Airlines, Snap, TD Ameritrade, and E*TRADE.
- 07/22/2020
|
Citi Says the ‘Quantum Leap’ in Retail Trading May Not Last
- (Bloomberg) -- Profits at TD Ameritrade Holding Corp., and its buyer Charles Schwab Corp., have been goosed by a “quantum leap” in retail trading volume that may be set to fade, according to Citi.Fiscal third-quarter earnings at TD Ameritrade beat analyst William Katz’s expectations. But now the stock faces a “pivot point” around the sustainability of surging retail engagement that’s been “catalyzed by the Covid-19 backdrop,” according to Katz.“If this is indeed the new normal, our stand-alone and pro-forma estimates could be sharply too low,” Katz wrote in a note. “But, history would suggest such engagement may not be fully sustainable, leaving us a bit in the show-us camp.”Katz revised his estimates to assume greater trading activity but also to account for an “easing pace of growth and net interest income contribution.” Additionally, he lifted his price target for TD Ameritrade to $42 from $41, and for Schwab to $38.50 from $38. For both, he said “residual upside is a bit shy to step into the stocks, particularly given some potential tax rate risk emerging with [the] U.S. election and whether investors want to chase the retail engagement cycle.”TD Ameritrade fell as much as 1.4% in Wednesday morning trading; Schwab slipped as much as 1.6%. Both have underperformed so far this year, with TD Ameritrade down 24% and Schwab falling 26%, versus a 0.8% gain for the S&P 500.On Tuesday, Toronto-Dominion Bank said its stake in TD Ameritrade will help cushion the earnings blow from the coronavirus pandemic as TD Ameritrade posted third-quarter profit that beat the highest analyst estimate, thanks to the boom in retail trading seen across electronic brokerages.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/22/2020
|
Taiwan Semiconductor Manufacturing Company, Boot Barn, Snap, Texas Instruments and TD Ameritrade highlighted as Zacks Bull and Bear of the Day
- Taiwan Semiconductor Manufacturing Company, Boot Barn, Snap, Texas Instruments and TD Ameritrade highlighted as Zacks Bull and Bear of the Day
- 07/22/2020
|
TD Ameritrade's (AMTD) Q3 Earnings Beat, Revenues Increase
- TD Ameritrade's (AMTD) Q3 (ending Jun 30) earnings underline revenue growth on increase in average client trades per day, partly offset by higher expenses.
- 07/22/2020
|
Wall Street Breakfast: Houston, We Have A Problem
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 07/22/2020
|
Traders Buy High Volume of TD Ameritrade Call Options (NASDAQ:AMTD)
- TD Ameritrade Holding Corp. (NASDAQ:AMTD) was the recipient of some unusual options trading activity on Tuesday. Traders purchased 12,240 call options on the stock. This represents an increase of 1,271% compared to the average daily volume of 893 call options. TD Ameritrade stock opened at $38.07 on Wednesday. TD Ameritrade has a 52-week low of […]
- 07/22/2020
|
Retail Trading Boom Gives TD Record Contribution From Ameritrade
- (Bloomberg) -- Toronto-Dominion Bank’s stake in TD Ameritrade Holding Corp. will help cushion the earnings blow from the coronavirus pandemic.Toronto-Dominion expects its investment in the U.S. brokerage to add C$328 million ($244 million) to its fiscal third-quarter earnings when the Toronto-based bank reports results next month, according to a statement Tuesday. That’s a record quarterly contribution in the 14 years since Toronto-Dominion sold its U.S. brokerage and received part of the combined TD Ameritrade.Earlier Tuesday, TD Ameritrade, which is being purchased by Charles Schwab Corp., reported third-quarter adjusted earnings that beat the highest analyst estimate thanks to a retail trading boom seen across electronic brokerages during the pandemic. Toronto-Dominion, which owns about 43% of TD Ameritrade, reports the brokerage’s contribution in its U.S. retail division.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/21/2020
|
TD Ameritrade (AMTD) Surpasses Q3 Earnings and Revenue Estimates
- TD Ameritrade (AMTD) delivered earnings and revenue surprises of 29.76% and 12.24%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/21/2020
|
TD Ameritrade Holding Corporation 2020 Q3 - Results - Earnings Call Presentation
- The following slide deck was published by TD Ameritrade Holding Corporation in conjunction with their 2020 Q3 earnings call.
- 07/21/2020
|
TD Ameritrade Institutional Names 2020 RIA NextGen Scholarship & Grant Winners
- TD Ameritrade Institutional announces the recipients of its 8th annual RIA NextGen Scholarships and Grants.
- 07/20/2020
|
IFM Investors Pty Ltd Has $714,000 Stake in TD Ameritrade Holding Corp. (NASDAQ:AMTD)
- IFM Investors Pty Ltd trimmed its position in shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 28.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,622 shares of the financial services provider’s stock after selling 7,751 shares during the period. IFM Investors Pty […]
- 07/18/2020
|
Algo Trading Adobe And Other High-Quality Stocks (NASDAQ:ADBE)
- Many retail investors dismiss computer-assisted trading out of hand. This is a mistake.
- 07/17/2020
|
Sentiment Toward TD Ameritrade Extremely Bearish Ahead Of Earnings
- TD Ameritrade is set to report fiscal third quarter earnings after the closing bell on Tuesday. A wedge is forming on the weekly chart, but there is a lot of space between the two trend lines at this time.
- 07/15/2020
|
Is TD Ameritrade (AMTD) Stock a Solid Choice Right Now?
- TD Ameritrade (AMTD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 07/15/2020
|
Day Ahead: 3 Things to Watch for July 16
- Day Ahead: 3 Things to Watch for July 16
- 07/15/2020
|
Analysts Estimate TD Ameritrade (AMTD) to Report a Decline in Earnings: What to Look Out for
- TD Ameritrade (AMTD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/14/2020
|
Brokerages Expect TD Ameritrade Holding Corp. (NASDAQ:AMTD) to Announce $0.84 EPS
- Equities analysts predict that TD Ameritrade Holding Corp. (NASDAQ:AMTD) will post earnings of $0.84 per share for the current quarter, Zacks reports. Four analysts have issued estimates for TD Ameritrade’s earnings, with the lowest EPS estimate coming in at $0.75 and the highest estimate coming in at $0.95. TD Ameritrade reported earnings of $1.04 per […]
- 07/14/2020
|
Merger Arbitrage Analysis And Spread Performance - July 12, 2020
- Forescout Technologies rallies on hopes of a resolution to the Advent takeover. Craft Brew Alliance asset sale may not be as straight forward as planned.
- 07/13/2020
|
Guggenheim Capital LLC Sells 5,072 Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD)
- Guggenheim Capital LLC trimmed its holdings in shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 28.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,642 shares of the financial services provider’s stock after selling 5,072 shares during the quarter. […]
- 07/12/2020
|
FNY Investment Advisers LLC Buys 608 Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD)
- FNY Investment Advisers LLC raised its stake in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 101.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,208 shares of the financial services provider’s stock after buying an additional 608 shares during the period. […]
- 07/11/2020
|
TD Ameritrade Holding Corp. (NASDAQ:AMTD) Shares Sold by Wells Fargo & Company MN
- Wells Fargo & Company MN lessened its stake in shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 68.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,567 shares of the financial services provider’s stock after selling 131,205 shares during the quarter. […]
- 07/11/2020
|
Big banks set for worst financial quarter since financial crisis
- As big banks gear up for earnings season, many investors are anticipating the worst quarter for the banks since the financial crisis. Yahoo Finance’s Brian Cheung joins The Final Round panel to break down the details.
- 07/10/2020
|
Financial Stocks Could Be In Focus as Yields Fall Ahead of Reports From Big Banks
- (Friday Market Open) It looks like investors might be in the mood to take some risk off the table as they close out a week where coronavirus cases have continued to surge, increasing worry about an economic recovery.There may also be some caution as corporate earnings season gets into higher gear next week and corporate profits are expected to show a big hit from the effect of the coronavirus.Amid the risk-off mood, buying interest in U.S. government debt increased. That pushed yields lower and could make for rocky trading in bank stocks today ahead of earnings reports next week. As an aside, it could be interesting to see whether money ends up coming out of bonds and goes back into stocks as investors look for yield if the rate on the 10-year Treasury falls to 0.5%. Looking Ahead Toward Bank Earnings Next Week Earnings season gets into higher gear Tuesday with several major banks reporting. JP Morgan Chase & Co. (NYSE: JPM) is just one of the major U.S. banks reporting Q2 earnings Tuesday morning. Results from Wells Fargo and Company (NYSE: WFC) and Citigroup, Inc. (NYSE: C) also are due to hit the wires. Analysts expect C and JPM to remain profitable in Q2, but project a slight loss for WFC.While no sector is immune to the virus, few arguably have as much exposure as Financials. That was reflected in Q1 when most of the big banks took large provisions for credit losses, hurting their profitability. The overriding question heading into this earnings season is whether the banks decide to add substantially to those provisions or start slicing them a bit. Their actions could say a lot about how they see the reopening taking shape. Even if these provisions ease in Q2, they're likely to continue to weigh on banks' profitability.The banking sector is feeling the heat, and analysts' expectations are low going in. Earnings for banks in the S&P; 500 are expected to fall a cumulative 48.3% in Q2, ahead of only four other sectors, according to research firm CFRA.Getting back to today's action, investors were also seeking the relative safety of gold and selling often-volatile crude oil. That's pretty typical activity when risk appetite wanes. Another thing that seemed to be weighing on investors' minds was news out of China that Beijing said it will retaliate after the United States put sanctions on Chinese officials over treatment of minorities. While the tit-for-tat moves are nowhere near as market-affecting as tariffs have been, investors and traders are still sensitive to U.S.-China relations after the bruising trade war that took a pause with a phase one deal earlier this year.In economic news this morning, producer price data unexpectedly fell. The producer price index fell 0.2% month-on-month in June while the core index dropped 0.3%. A Briefing.com consensus had expected the headline producer price index to show 0.4% monthly growth for June and a core print of 0.1% growth. If the economy were doing well, a dip in inflation would probably be welcome. But with the economy on the backfoot, falling prices seem to be a sign of economic weakness.Tech Stocks Continue Strong Performance On Thursday, outside of the tech and consumer defensive sectors, news that coronavirus cases continued to rise sapped optimism across the board. While the tech-heavy Nasdaq Composite (COMP) closed at another record high, the S&P; 500 Index (SPX) and Dow Jones Industrial Average ($DJI) lost ground.On a day when people were worried about the economic reopening, you might have expected to see the Consumer Staples sector to do fairly well, both as a generally defensive play and on expectations of people buying more household necessities in case they have to stay at home more during the resurgence.But it's interesting to see the Information Technology sector do relatively well. Tech has traditionally been viewed as a cyclical sector, which tends to fall on bad economic news. But with Microsoft Corporation (NASDAQ: MSFT), Apple, Inc. (NASDAQ: AAPL), Alphabet, Inc. (NASDAQ: GOOGL), and heavily tech-oriented Amazon.com, Inc. (NASDAQ: AMZN) now among the largest companies in the world, their growth-to-value transition has given them a safety appeal to many investors, helping give them market leadership on days like Thursday. In addition to the evolution of tech and tech-related companies, some of the push into the tech sector is also likely coronavirus related. With the threat of more people having to stay home for longer if the economy can't get back up to speed as quickly as hoped, it seems that could continue being a boon for computer and internet related companies that help make possible remote learning and working as well internet-based entertainment.More Stock Optimism Among Younger Investors There has been a narrative in the media that retail investors have been piling into stocks willy nilly. But the reality appears to be more nuanced.While the total equities exposure TD Ameritrade clients have been willing to take has been on the rise, according to the June Investor Movement Index® (IMXSM), not everyone has been buying with both hands.Historically speaking, the IMX - which is TD Ameritrade's proprietary, behavior-based index aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets - is toward the lower end of its readings. An interesting wrinkle, however, is that millennial clients have increased their exposure to the market at a faster rate than traditional clients. It seems that there is some youthful optimism about the economy that might be related to younger people being less dramatically harmed by COVID-19.CHART OF THE DAY: AN INVERSE CORRELATION. It's normal to see a chart showing a rising gold price (candlestick) and a falling 10-Year Treasury Note Yield Index (purple line). Treasury yields fall as people buy government debt for a safe haven. Such buying also helps gold prices. But as Treasury yields remain ultra low, that also reduces the opportunity costs for holding gold, which doesn't pay interest. It seems likely that low interest rates will continue helping support gold, especially as we come into an uncertain U.S. election. Data source: CME Group, Cboe Global Markets. Chart source: The thinkorswim® platform from TD Ameritrade. For illustrative purposes only. Past performance does not guarantee future results. The Bad Gets Less Bad: In economic news Thursday, weekly jobless claims came in less than expected, helping offset some of the negative market sentiment. Initial unemployment claims for the week ended July 4 showed an addition of 1.314 million to state unemployment ranks, less than a Briefing.com consensus expectation of 1.35 million. Perhaps more importantly, it continued the trend of a decreasing number of new weekly claims. "The key takeaway from the report is that it suggests things are less bad on the job loss front, but less bad is clearly still a long way from good for both initial claims and continuing claims," Briefing.com said.Forecasting a Smaller Q3 Rebound: A new economic forecast from a major bank projects that the economy will bounce back sharply in Q3, but not as sharply as previously thought. It won't come as a surprise to anyone that the domestic economy contracted in Q2 - when retail sales, industrial production, and non-farm employment fell massively. Perhaps a more pressing question for Wall Street is what the economy might do during the Q3, especially as the coronavirus resurgence has complicated reopening activities. In a note Thursday, Wells Fargo Securities said it thinks real GDP will grow at a roughly 18% annualized rate during Q3. That's a strong rate but lower than the 24% the bank had previously projected because of the slowed reopening process. Still, growth of 18% would be a big step in the right direction. "It appears that the economy entered the third quarter with significant momentum, albeit from a low base," the note said.Airline Traffic Continues To Increase: The number of air passenger numbers in the United States are still a fraction of what they were before the pandemic, but they are on the rise. Transportation Security Administration data from Wednesday showed total traveler throughput numbers at checkpoints was 632,498, after sinking below 90,000 in April. For some perspective, that new number is a little over 25% of what travel numbers were the previous year. Airlines have become one way that market participants have been trying to get exposure to the reopening economy at what could be bargain prices if things eventually get back to relative normalcy. But the timeline of that last bit has increasingly come into question. TD Ameritrade clients have been net buyers of Southwest Airlines Co. (LUV) and American Airlines Group, Inc. (NASDAQ: AAL) on weakness in the two airlines' stocks, according to a TD Ameritrade summary of information from the June IMX. "Both stocks traded higher early in the period on hopes of an economic recovery and increased demand but fell as the period progressed and COVID-19 cases increased in the U.S.," the summary said. Good Trading, JJ @TDAJJKinahanTD Ameritrade® commentary for educational purposes only. Member SIPC. See more from Benzinga * Walgreen's Shares Fall As Earnings Miss, But Costco Same-Store Sales For June Impress * Waiting For Earnings: Bed, Bath & Beyond, Walgreens Straight Ahead Before Banks Next Week * How Did The Comms Sector Play Through Q2 And What's Ahead?(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/10/2020
|
3 Safe Dividend Stocks To Boost Fixed Income As Risk And Low Rates Linger
- Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: AT&T Inc, Nextera Energy Inc, TD Ameritrade Holding Corporation, Toronto Dominion Bank. Read Investing.com (Haris Anwar/Investing.com)'s latest article on Investing.com
- 07/09/2020
|
Retail Investors Who Bought June Dip Favored Back-to-Work Stocks
- (Bloomberg) -- Main Street investors appear united in their vision for economic recovery, emptying their pockets amid the June selloff in anticipation of a prompt return to normal.Data from TD Ameritrade showed clients used last month’s volatility to increase their exposure to stocks, lifting the firm’s Investor Movement Index. The biggest jump in holdings came in companies that benefit from an increase in economic activity, like makers of non-essential consumer goods, construction firms, plane builders and banks. Robinhood investors piled into the FAANG-plus-Microsoft group of tech megacaps, adding 330,000 accounts.It was a bet that so far has paid off even as volatility increased with concern the resurgence of the virus will hamstring the economic recovery. Since a 6% rout on June 11 that wiped out $1.6 trillion in value, the S&P; 500 has rallied 6%. Consumer discretionary and tech shares have led the way, jumping at least 9%.“The dip was met with buying, not with fear,” JJ Kinahan, the chief market strategist at TD Ameritrade, said by phone. “They believe domestically things will start to return. Domestic travel and the domestic economy have a chance to start to return to more normal levels.”The S&P; 500 jumped 1.6% Monday to close at the highest in almost a month. The tech-heavy Nasdaq indexes added more than 2%. Amazon.com Inc. closed at a record, with a market value above $1.5 trillion for the first time. Futures slumped Tuesday, indicating a lower open.While some degree of controversy exists over the degree of market influence retail investors have, their prescience in timing the March bottom has turned them into a cohort that has become closely watched as brokerages from TD to E*Trade and Robinhood have seen record new account openings.Zero-fee trading has certainly attracted clients, but so has the economic lockdown, which left Americans unable to bet on sporting events or go to casinos. Undeterred by the fastest 30% drop on record, they enjoyed the fastest 50-day rally in nine decades. Pullbacks of 5% have become can’t-miss buying opportunities.“People are looking at the U.S. equity market and seeing the rebound, and they want a piece of that,” said Anna Han, an equity strategist at Wells Fargo Securities. “They want a bite of that. For those who do have a little money to spend, maybe because they haven’t been spending at restaurants, out at bars or traveling as they normally do, you can see them putting that money to work and willing to take a little bit of that risk.”During June, TD data show travel companies including Southwest Airlines Co., Delta Air Lines Inc. and Norwegian Cruise Line Holdings Ltd. drew the most new buys, underscoring confidence that travel will return toward normal sooner than later even as the virus flared up in large parts of the South and West.The group known as FAANGM -- Facebook, Apple, Alphabet, Netflix, Google and Microsoft -- enjoyed the stay-at-home rally that began in March and remained attractive at Robinhood as investors bet on their win-in-any-economy appeal. Amazon and Apple were among the top 5 buys. Facebook and Netflix made the top 50.Here, too, the bets have paid off. So big has the group’s rally become that even before Monday’s gain, the six companies accounted for a record one-quarter of the S&P; 500’s market cap, according to Ed Yardeni of his namesake research firm. The six companies have been among the biggest winners since the virus struck, he noted.They “are likely to continue to benefit from its aftershocks well after the crisis is over,” Yardeni said in a note to clients. “That’s because their businesses are Internet-based, so the more that people’s work, education, and entertainment are home-based, the more these businesses thrive.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/07/2020
|
TD Ameritrade to Announce Fiscal Third Quarter Earnings
- TD Ameritrade Holding Corporation (Nasdaq: AMTD) will release its fiscal third quarter 2020 earnings on Tuesday, July 21, 2020.
- 07/07/2020
|
Were Hedge Funds Right About Selling TD Ameritrade Holding Corp. (AMTD)?
- At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
- 07/07/2020
|
TD Ameritrade to Announce Fiscal Third Quarter Earnings
- TD Ameritrade Holding Corporation (Nasdaq: AMTD) will release its fiscal third quarter 2020 earnings on Tuesday, July 21, 2020.
- 07/07/2020
|
Investor Movement Index Summary: June 2020
- Exposure in TD Ameritrade client accounts increased during the June IMX period. The IMX score increased by 4.6%, or 0.20 points, to 4.55 from 4.35 the previous period.TD Ameritrade clients used the volatility during the June period to increase exposure to equity markets. Clients were net buyers overall, and net buyers of equities, with large buying among the Consumer Discretionary, Industrials, and Financials sectors. Net buying among equities helped push the IMX score higher. Volatility increased during the middle of the period, with the Cboe Volatility Index, or VIX, which measures the volatility of the S&P; 500 Index, increasing above 40 for the first time in nearly two months.Equity markets were mixed during the period. The S&P; 500 and Dow Jones Industrial Average both declined, moving lower by 1.16% and 1.45%, respectively. The Nasdaq Composite registered a gain, moving higher by 2.82%. During the period, the S&P; 500 traded above 3,200 for the first time since February, and the Nasdaq Composite topped 10,000 for the first time ever. During the middle of the period, the Dow Jones Industrial Average fell more than 1,800 points, its worst day since a series of punishing selloffs in March, over worries about spikes in U.S. coronavirus infections. Later, optimism began to take hold after an uptick in economic activity in China and the U.S. suggested the initial stages of healing from the pandemic. Then, near the end of the period stocks sold off as infection rates increased, with some states pausing reopening plans. The Federal Reserve ordered banks to cap dividends and halt stock buybacks on worries that a prolonged economic downturn could saddle them with hundreds of billions of dollars in losses on soured loans but did indicate the largest U.S. banks are likely strong enough to survive the crisis.Trading TD Ameritrade clients were once again net buyers of equities during the period, using weakness to add to positions. Boeing Co (NYSE: BA) was a net buy. The company expects its 737 MAX certification flight test soon, and many believe it has enough cash on its books to survive the pandemic. Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and Carnival Corp (NYSE: CCL) were both net buys, with each stock trading up to $25 early in the period, only to end the period near $15. NCLH announced it has extended its sailing suspensions through September 30, while CCL was downgraded by S&P; citing the "cruise industry may face an extended period of weak demand." Airline companies Southwest Airlines Co (NYSE: LUV) and American Airlines Group Inc (NASDAQ: AAL) were net bought on weakness. Both stocks traded higher early in the period on hopes of an economic recovery and increased demand, but fell as the period progressed and COVID-19 cases increased in the U.S. LUV announced a three-day sale for fall travel, with many analysts expecting a price war in the industry, while AAL said it would raise $3.5 billion through a mix of shares and notes to increase the availability of its cash deposits. Walt Disney Co (NYSE: DIS) was net bought as the company announced it will delay the reopening of its Disneyland park in Anaheim, California, pushing shares lower. The company also announced "Mulan," a live-action epic, will now debut in theatres August 21, 2020. Slack Technologies Inc (NYSE: WORK) traded at a 52-week high early in the period as the company announced it will collaborate with Amazon on the future of enterprise workplace, and was net bought.Additional popular names bought include AT&T; Inc. (NYSE: T), Wells Fargo & Co (NYSE: WFC), and MGM Resorts International (NYSE: MGM).TD Ameritrade clients were net sellers of Gilead Sciences, Inc. (NASDAQ: GILD) during the period. GILD's proposed COVID-19 treatment Veklury (remdesivir) secured a recommendation for a conditional marketing authorization from the European Medicines Agency (EMA). Alibaba Group Holding Ltd (NYSE: BABA) neared a 52-week high as Asian shares traded at a 4-month high at the end of the period as investors remained upbeat on the outlook for a re-opening of the global economy, and the stock was net sold. Snap Inc (NYSE: SNAP) was net sold as the stock reached its highest price in 3 years following an analyst upgrade, a recovering advertising market, and the continued rollout of new features and tech within Snap's main app. IQIYI Inc (NASDAQ: IQ) was net sold after shares of the Chinese video streaming platform moved higher during the period on reports of a takeover approach from social media and gaming company TENCENT HOLDING/ADR (OTCPK:TCEHY). IQ, which is majority-owned by Chinese search giant Baidu Inc (NASDAQ: BIDU), has been courted by Tencent with an offer to buy a majority stake in IQ. BIDU also moved higher on the news, and was net sold by TD Ameritrade clients. Kraft Heinz Co (NASDAQ: KHC) reached a 52-week high during the period as consumers are eating more at home because of coronavirus restrictions, with analysts noting sliced meat and nuts are doing better, with Kraft benefitting as it owns the Oscar Mayer and Planters brands.Additional names sold include Abbott Laboratories (NYSE: ABT) and Westinghouse Air Brake Technologies Corp (NYSE: WAB).Inclusion of specific security names in this commentary does not constitute a recommendation from TD Ameritrade to buy, sell, or hold.Historical Overview TD Ameritrade's Investor Movement Index (IMX) has generally correlated with the S&P; 500 as clients react to equity price movements, but the index has gone through uncorrelated periods. Beginning in January 2010, when TD Ameritrade started tracking the IMX, the index rose with equity markets until April 2010, when it peaked at 5.40. In May 2010 investors experienced the "Flash Crash" and the IMX began a sharp downward trend. The IMX didn't reach 5.00 again until the S&P; 500 was well above April 2010 levels. The index eventually peaked at 5.56 in June 2011. This peak was immediately followed by a plunge in equity markets, and in the IMX, as the media was dominated by the U.S. debt ceiling debate, S&P; downgrade of U.S. debt, and European debt concerns.The S&P; 500 began to recover in the fall of 2011, but the IMX continued to decline until it reached a new low at the time in January 2012. As the S&P; 500 began to sustain an upward trend in early 2012, the IMX started to rise. In 2013, as economic conditions improved and the S&P; 500 climbed to record levels, the IMX rose to the high end of its historical range, finishing 2013 at 5.62, and continued to rise in 2014 amid geopolitical tensions related to Ukraine and the Middle East, until seeing slight declines in October and November. By the middle of 2015, the IMX had seen increases, as equity market volatility had reduced to near historical levels while the market continued its upward trend.As 2015 ended its third quarter, volatility had returned to markets, as global economic concerns and speculation around the timing and trajectory of Federal Reserve rate increases seemed to rattle overall equity markets. This uncertainty continued to play a role in the equity markets through the fourth quarter of 2015 and into early 2016. The volatility accompanying this uncertainty abated in the second quarter of 2016 and remained low until late in the third quarter. Just as it had in 2015, the IMX saw increases mid-year during the period of lower volatility.The IMX continued to climb into the fourth quarter reaching 5.83 in October 2016, its highest point in two years. A brief spike in volatility during November, timed around the U.S. presidential election, coincided with a slight pullback in the IMX, which then ended 2016 at the high end of its historical range. The IMX started 2017 with an upward trend and reaching an all-time high in March, before pausing in April as lower volatility lead to a decrease in the IMX. The momentum resumed in May, with the IMX breaching 7.0 for the first time ever in July of 2017. The IMX took another brief pause in September, before following markets higher and breaching 8.0 for the first time ever in November and ending 2017 at an all-time high. Volatility returned to the markets in early 2018, and the IMX decreased for four consecutive months to start the year. The IMX then rebounded in the spring of 2018 and continued higher during the summer on the back of better-than-expected earnings and increasing equity markets.The IMX headed higher during the fall of 2018 as economic growth increased before heading lower in late 2018 as the Nasdaq Composite entered a bear market to end the year. Geopolitical issues were in the headlines during early 2019 as the U.S. and China traded tariffs. The IMX rebounded along with equity markets in the spring of 2019 on optimism of a trade deal with China and the unemployment rate nearing a 49-year low. The IMX remained range-bound during the summer of 2019 as trade-related policy concerns led to investors favoring less-risky assets, including fixed-income products. Heading into the fall of 2019, the IMX began to rebound and ended the year at the highest levels in over a year as trade war fears diminished and economic data began to improve globally.In early 2020, the bull market ended as markets pulled back due to the COVID-19 pandemic, with markets experiencing volatility not seen since the financial crisis of 2008. During the spring of 2020, the IMX reached 3.90, its lowest point in years after equity markets sold off on pandemic fears. The IMX began to rebound into the summer of 2020 as equity markets began to rebound after a slight uptick in economic activity.Historical data should not be used alone when making investment decisions. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision.All investments involve risk including the possible loss of principal.
- 07/06/2020
|
TD Ameritrade Investor Movement Index: IMX Continues Upswing in June
- The Investor Movement Index® (IMXSM) increased to 4.55 in June, up 4.6 percent from its May score of 4.35. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
- 07/06/2020
|
TD Ameritrade Investor Movement Index: IMX Continues Upswing in June
- The Investor Movement Index® (IMXSM) increased to 4.55 in June, up 4.6 percent from its May score of 4.35. The IMX is TD Ameritrade’s proprietary, beh
- 07/06/2020
|
All You Need to Know About TD Ameritrade (AMTD) Rating Upgrade to Buy
- TD Ameritrade (AMTD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
- 07/02/2020
|
Should Value Investors Buy TD Ameritrade (AMTD) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/02/2020
|
AMTD vs. TW: Which Stock Should Value Investors Buy Now?
- AMTD vs. TW: Which Stock Is the Better Value Option?
- 07/02/2020
|
Charles Schwab Completes Asset Acquisition of Wasmer Schroeder
- The Charles Schwab Corporation has announced that it has completed the asset acquisition of Wasmer, Schroeder & Company, LLC for an undisclosed amount.
- 07/02/2020
|
Charles Schwab vs. TD Ameritrade
- Charles Schwab and TD Ameritrade have similar features and product offerings for investors and traders at all levels.
- 07/01/2020
|
Increasingly Confident, Brokers Are Exploring a Variety of Breakaway Paths to Becoming Independent RIAs: TD Ameritrade Institutional Survey | MarketScreener
|
Increasingly Confident, Brokers Are Exploring a Variety of Breakaway Paths to Becoming Independent RIAs: TD Ameritrade Institutional Survey
- TD Ameritrade Institutional Survey: Even During Covid-19 Pandemic, Going Independent as Registered Investment Advisors Appeals to Brokers
- 07/01/2020
|
Increasingly Confident, Brokers Are Exploring a Variety of Breakaway Paths to Becoming Independent RIAs: TD Ameritrade Institutional Survey
- TD Ameritrade Institutional Survey: Even During Covid-19 Pandemic, Going Independent as Registered Investment Advisors Appeals to Brokers
- 07/01/2020
|
Merger Arbitrage Analysis And Spread Performance - June 28, 2020
- Adesto Technologies rallies on CFIUS clearance. Advanced Disposal Services falls on renegotiation of deal terms. Average merger arbitrage cash spreads widen mar
- 06/29/2020
|
Even Great Companies Can Have Bad Stock Prices
- Some great companies and sectors with compelling stories have helped drive the market higher, but are we paying too much for that narrative? Even great companies can be overvalued.
- 06/29/2020
|
TD Ameritrade (NASDAQ:AMTD) Cut to Strong Sell at BidaskClub
- TD Ameritrade (NASDAQ:AMTD) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Friday, BidAskClub reports. AMTD has been the subject of a number of other reports. Citigroup downgraded TD Ameritrade from a “buy” rating to a “neutral” rating and decreased […]
- 06/28/2020
|
Where Charles Schwab Stands on 3 Key Acquisitions | The Motley Fool
- The asset management and brokerage firm got one massive deal back on track, and closed on other deals that add client assets and new technology.
- 06/27/2020
|
Biden Leads In Polls, Coronavirus Cases Surge, Micron, FedEx Earnings Ahead: The Weekly Market Outlook
- The S&P 500 dipped in a volatile week of trading as investors digested record numbers of daily U.S. COVID-19 cases, an uptick in geopolitical tensions and a new round of polls...
- 06/26/2020
|
Why day trading is a dangerous game to play
- Day trading might therefore be a exciting way of gambling for those who are locked inside waiting out the pandemic. But financial ruin looms.
- 06/25/2020
|
Penny stock-loving Robinhood traders raised bubble concerns, but most retail investors are selling
- Retail investors overall are simply not as bullish as their Robinhood counterparts.
- 06/25/2020
|
On The Money: Trump, GOP clash over new round of checks | Dow sinks more than 700 points as COVID-19 surge shakes Wall Street | Senate Dems raise concerns about debit cards used for stimulus payments
- Happy Wednesday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.
- 06/24/2020
|
Dow sinks more than 700 points as coronavirus surge shakes Wall Street
- Stocks closed with steep losses Wednesday as surging coronavirus cases in the U.S. and abroad dampen the global economic outlook.
- 06/24/2020
|
Model FA Joins Forces with Dan Allison, Acquires Feedback Marketing Group
- Model FA has joined forces with Dan Allison, Founder of the Feedback Marketing Group. Feedback Marketing Group will continue to operate under Model FA brand.
- 06/24/2020
|
Free Trades, Jackpot Dreams Lure Small Investors to Options | MarketScreener
|
Charles Schwab Completes Asset Acquisition of Motif | Finance Magnates
- The Charles Schwab Corporation announced earlier today that it has completed the asset acquisition of Motif’s technology and intellectual property.
- 06/24/2020
|
Robinhood traders will have fun until they get wiped out
- There are many theoretical reasons and a wealth of empirical evidence to suggest that most day traders are wasting their money.
- 06/23/2020
|
Day Traders Will Have Fun Until They Get Wiped Out - BNN Bloomberg
- A handful might get rich while almost everyone else loses.
- 06/23/2020
|
COVID-19 Has Forced 16% of Baby Boomers to Resort to This | The Motley Fool
- And 21% may be following suit.
- 06/21/2020
|
Stock Market Update For The Week Ahead: 'A New Expansion'
- Last Week In A Nutshell
What Happened: The U.S. stock market “is discounting a new expansion phase of the economy at the same time as a major recession has only just begun,...
- 06/21/2020
|
Week’s Best: Suit Alleges ‘Systemic’ Discrimination at Morgan Stanley
- Here’s our roundup of the week’s top stories at Barron’s Advisor.
- 06/19/2020
|
Robinhood’s New Traders Ignore Danger Signs to Bet on Stocks - AdvisorHub
- Rich hedge fund managers are talking about it. So are not-so-rich millennials. And fast-twitch gamers, and bored sports fans and -- in all likelihood -- some 15-year-olds you know.
- 06/19/2020
|
Robinhood’s Newbie Traders Ignore Danger Signs to Bet on Markets - BNN Bloomberg
- Rich hedge fund managers are talking about it. So are not-so-rich millennials. And fast-twitch gamers, and bored sports fans and -- in all likelihood -- some 15-year-olds you know.
- 06/19/2020
|
Main Street investors bank profits on rally that Wall Street doubted
- Main Street investors who have reaped windfall gains from the steepest stock market rebound on record now seem to be making for safety, brokers say, just as Wall Street experts are advising clients to dip their toes into riskier assets again.
- 06/19/2020
|
Main Street investors bank profits on rally that Wall Street doubted
- [SINGAPORE] Main Street investors who have reaped windfall gains from the steepest stock market rebound on record now seem to be making for safety, brokers say, just as Wall Street experts are advising clients to dip their toes into riskier assets again. Read more at The Business Times.
- 06/19/2020
|
Main Street investors bank profits on rally that Wall Street doubted
- Main Street investors who have reaped windfall gains from the steepest stock market rebound on record now seem to be making for safety, brokers say, just as Wall Street experts are advising clients to dip their toes into riskier assets again.
- 06/19/2020
|
Main Street investors bank profits on rally that Wall Street doubted
- Main Street investors who have reaped windfall gains from the steepest stock market rebound on record now seem to be making for safety, brokers say, just as Wall Street experts are advising clients to dip their toes into riskier assets again. Customers at Saxo Markets in Singapore have been reducing long positions at gathering pace this month. Asian investors with TD Ameritrade are selling soaring tech companies for banks, while other brokers report demand for blue chips.
- 06/19/2020
|
Main Street investors bank profits on rally that Wall Street doubted
- Main Street investors who have reaped windfall gains from the steepest stock market rebound on record now seem to be making for safety, brokers say, just as Wall Street experts are advising clients to dip their toes into riskier assets again.
- 06/19/2020
|
Main Street investors bank profits on rally that Wall Street doubted
- Singapore's PhillipCapital said its customers, even in the 18-25 year-old bracket, were buying dividend-paying blue chips or cashing out. Australia's biggest retail broker, CommSec, reported a shift away from volatile stocks such as Treasury Wine Estates and into big banks and miners.
- 06/19/2020
|
Main Street investors bank profits on rally that Wall Street doubted
- Main Street investors bank profits on rally that Wall Street doubted
- 06/19/2020
|
Industrials Down Amid Covid Spread Concerns -- Industrials Roundup
|
TD Ameritrade Launches a ‘Match.com’ for RIA Mergers
- The discount brokerage’s RIA custody business has rolled out a tool that helps firms find potential M&A; partners.
- 06/17/2020
|
US: Dow ends up 2.0% as stocks rally on strong retail sales
- [NEW YORK] Wall Street stocks surged on Tuesday following better-than-expected US retail sales data that boosted hopes the economy will recover more quickly than some economists expect. Read more at The Business Times.
- 06/16/2020
|
Tech Leaders Expect IT Budget Freezes to Thaw
- Half of business technology leaders expect information-technology budget cuts and freezes put into place in the wake of the coronavirus pandemic to subside over the next several weeks as the economy reopens, according to a recent study.
- 06/16/2020
|
Dave Portnoy Is No Robinhood For Young Investors
- To my surprise, few people have taken Dave Portnoy to task for fueling day trading by millennials and Generation Z. This ill-advised trading boom isn't going to
- 06/15/2020
|
WealthManagement.com Industry Awards Finalists Announced
- The finalists for the 2020 “Wealthies” include 155 companies across 73 categories to be recognized this year at a live, digital awards ceremony.
- 06/15/2020
|
TD Ameritrade : Institutional Launches Online Tool That Matches RIAs With M&A Opportunities, Successors and Next Gen Talent | MarketScreener
|
TD Ameritrade Institutional Launches Online Tool That Matches RIAs With M&A Opportunities, Successors and Next Gen Talent
- TD Ameritrade Institutional launches online platform to help independent RIAs build connections that fuel growth through new hires and M&A;.
- 06/15/2020
|
Big money may soon be chasing the 'Robinhood' investor: Morning Brief
- Top news and what to watch in the markets on Monday, June 15, 2020.
- 06/15/2020
|
M&T Bank Corp Has $1.14 Million Stock Position in TD Ameritrade Holding Corp. (NASDAQ:AMTD)
- M&T Bank Corp lifted its stake in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 17.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,774 shares of the financial services provider’s stock after purchasing an additional 4,987 shares during the quarter. M&T Bank Corp’s holdings in […]
- 06/15/2020
|
TD Ameritrade Holding Corp. (NASDAQ:AMTD) Shares Sold by Nuveen Asset Management LLC
- Nuveen Asset Management LLC reduced its position in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 52.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 764,897 shares of the financial services provider’s stock after selling 856,450 shares during the quarter. Nuveen Asset Management LLC’s holdings in TD Ameritrade were worth $26,511,000 as of its most […]
- 06/15/2020
|
COVID-19 Is Making 51% of Americans Consider This Retirement Change | The Motley Fool
- Here's why you should consider it, too.
- 06/14/2020
|
It’s like the Wild West in the stock market with the ‘get-rich-crowd’ vs Wall St. pros — but it’s too easy to blame retail investors for ‘rampant speculation’
- Tales of out-of-work 20 and 30-somethings using coronavirus-stimulus checks to scoop up stocks on Wall Street with reckless abandon are emerging fast and...
- 06/13/2020
|
KBW Announces Index Rebalancing for Second Quarter 2020
- Keefe, Bruyette & Woods, Inc., a full‐service, boutique investment bank and broker‐dealer that specializes in the financial services sector, and a wholly owned
- 06/13/2020
|
46% of millennials say they're still recovering financially from the Great Recession
- Over a decade after the Great Recession ended, nearly half of millennials believe their finances are still recovering from that economic downturn. And that's before accounting for the latest setbacks being felt by the coronavirus pandemic.
- 06/12/2020
|
Want a 'slice' of a stock? Demand booms for fractional shares as markets soar
- Fractional shares, which allow someone to own just part of a stock, have exploded in popularity over the last few months.
- 06/12/2020
|
Why You Shouldn't Bet Against TD Ameritrade (AMTD) Stock
- TD Ameritrade (AMTD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/12/2020
|
Dow Jones Futures Recovers 500 Points on Friday Morning after Thursday's Crash
- Dow Jones futures turned positive today morning after crashing 7% on Thursday on the report of rising COVID-19 cases.
- 06/12/2020
|
US: Stocks plunge on revived coronavirus fears, Dow -6.9%
- [NEW YORK] Wall Street stocks plunged on Thursday as revived worries about the coronavirus and about excessive equity prices produced the worst session since March, when the turmoil over Covid-19 was at its peak. Read more at The Business Times.
- 06/11/2020
|
Global Stocks Dive As Some US States See Spike In COVID-19 Cases
- Global stocks dive as some US states see spike in COVID-19 cases
- 06/11/2020
|
More advertisers leave Tucker Carlson’s show after his Black Lives comment
- Walt Disney Co., Papa John's International Inc. and T-Mobile US Inc. said this week they would no longer advertise on his show.
- 06/11/2020
|
Tucker Carlson sees advertiser exodus after Black Lives comment
- Tucker Carlson is losing more advertisers in the wake of the Fox News host's controversial comments about the Black Lives Matter movement.
Walt Disney Co., Papa John's International Inc. and T-Mobile US Inc. said this week they would no longer advertise on his show after he sparked an uproar in addressing the global protests over police brutality and racial inequality.
"This may be a lot of things, this moment we are living through," he said Monday on his Fox News show, "Tucker Carlson Tonight." "But it is definitely not about black lives and remember that when they come for you, and at this rate, they will."
A Fox News spokesperson said earlier this week, "Tucker's warning about 'when they come for you' was clearly referring to Democratic leaders and inner-city politicians." The spokesperson said Thursday that all national ads and revenue from Carlson's show have moved to other programs and Fox News hasn't lost any revenue overall.
A spokesperson for Disney's ABC told the publication Deadline that ads for its shows were placed on Carlson's program without the network's knowledge by a third-party ad buyer.
On Tuesday, T-Mobile Chief Executive Officer Mike Sievert replied to several tweets asking about the mobile-phone carrier's advertising relationship with Carlson's show and whether it backed the host's message.
To one Twitter poster who said he would no longer watch Carlson's show and called the comments "vile," Sievert replied, "Same. We aren't running ads on that show and we won't be running ads on that show in the future. Bye-bye, Tukcer Carlson!"
Papa John's will no longer advertise on any opinion-based programming, it said in an emailed statement Thursday. "Placement of advertising is not intended to be an endorsement of any specific programming or...
- 06/11/2020
|
Most investors and some firms are upbeat about the world economy
- They won’t be if stimulus cheques dry up or the virus surges again
- 06/11/2020
|
The Shift To Free Trading Provided A Valuable Lesson In Disruption
- On April 18, 2013, a new company was created that completely upended the business model of trading commissions on Wall Street. For the next five and a half years, Robinhood and a bevy of other free trading apps that soon followed took aim at the retail brokerage industry, reaching valuations and acquiring new clients at a rate that indicated they were to be taken seriously by the Wall Street establishment. And taken seriously they were--so much so that every major retail brokerage finally threw in the towel on trading commissions in October. The decision by Charles Schwab Corporation (NYSE: SCHW), TD Ameritrade Holding Corp (NASDAQ: AMTD), E*Trade Financial (NASDAQ: ETFC), Fidelity, Interactive Brokers Group, Inc (NASDAQ: IBKR), and Tradestation to offer free trades for U.S. equity and options trades brought "The Fee Wars"--as it came to be known--to an abrupt end. It even directly led to Charles Schwab's decision to acquire rival TD Ameritrade for a reported $26 billion. Though trading fees had been under pressure for decades, and each of those firms deserves credit for adapting to what is clearly a changing competitive landscape, make no mistake: the final move to industry-wide free trading was Robinhood's doing. All of this was a precursor to today, where increased volatility and the elimination of trading fees has contributed to a record amount of retail trading in brokers like Robinhood and the major retail brokers. This story is the typical path of disruption. A startup creates a new way of doing business (or in some cases, an entirely new market) and is so successful that everybody else is forced to adapt. But this can lead to the double-edged sword of disruption; what happens when the establishment (the ones being disrupted) move to disrupt the disruptor?This trend has a name: reverse innovation. And it's affecting more than just Robinhood. In fact, this very same pattern of reverse innovation has happened in other areas of finance. Over the last decade, companies like Wealthfront, Betterment, and Personal Capital have pioneered an entirely new kind of programmatic investing, bringing about the biggest changes to wealth management since Vanguard introduced the index fund in 1975. As recently as 2016, some estimates were projecting that robo-advisor assets under management would reach $1.5 trillion in 2019, $2.2 trillion in 2020, and $4.1 trillion in 2022 thanks in large part to the growth of those companies. Not only have those predictions not come to pass, but a look at the leading robo-advisors by AUM shows that for all of the acclaim heaped upon the companies who created modern robo-advising, it's the incumbents who have come to dominate the space. Of the top five robo-advisors who disclose their AUM, three are from Vanguard, Charles Schwab, and TD Ameritrade, according to data compiled by Investopedia as of September. With $161 billion AUM, Vanguard Personal Advisory Service is by far the largest robo-advisor in the market. This is followed by Schwab Intelligent Portfolios ($41 billion AUM), Wealthfront ($21 billion), TD Ameritrade Essential & Selective Portfolios ($19.9 billion) and Betterment ($18 billion). To be clear, nobody is suggesting that any of these champions of fintech are imminently doomed. All of the startups named above have a substantial number of accounts that give them a bit of a moat. In Robinhood's case, they reported having 6 million active users as of the end of 2018. But the company that has always touted its free commission structure and an easy-to-use app just lost one of its key competitive advantages. So it stands to reason that the nearly $8 billion valuation it received this summer surely lost some of its luster. "When it comes to Wall Street and investing, the old guard has a lot of staying power, no matter what innovations come out of fintech," said Phill Rosen, CEO/Founder of Even Financial, a B2B platform for financial product offers that provides their channel partners the definitive search, comparison, and recommendation engine for financial services. "This is true for all the categories in financial services, and personal loans, credit cards, and retail investing are no different. The new players are upping the ante, but the old guard isn't going to just roll over and die either." The lesson we can learn from Robinhood and the companies like it is they were so good at disrupting their industry, that maybe they were too good. If they want to survive (and maintain their lofty valuations), they're going to have to find new ways to once again differentiate themselves from the very companies they were aiming for in the first place. See more from Benzinga * In Wake Of Record New Accounts, TD Ameritrade Launches Thinkorswim For Web * Big Banks: Playing A Rebound Within The Financial Sector(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/11/2020
|
The Shift To Free Trading Provided A Valuable Lesson In Disruption
- On April 18, 2013, a new company was created that completely upended the business model of trading commissions on Wall Street.
For the next five and a half years, Robinhood...
- 06/11/2020
|
PG&E's Oakland move could break records with $892 million purchase option
- PG&E’s move from San Francisco to Oakland could shatter real estate records as the utility considers the potential $892 million purchase of its new headquarters building.
- 06/09/2020
|
Retail investors buying beaten-up stocks make for some bizarre trading days
- Interest in stay-at-home stocks have reached new heights in the last few days, fueled in part by hopes for a dramatic rebound in the economy.
- 06/09/2020
|
Shares of several financial services companies are trading lower as equities sell off following recent rally. Stocks have rallied over the past week amid optimism towards the US economy reopening and investors have potentially taken some profits following run up. Investors are also awaiting Wednesday's Fed announcement.
|
Travel Stocks Lose Momentum In Pre-Market After Leading Yesterday's Sharp Rally
- Key Takeaways: * The market takes a pause as stock indices lose ground in pre-market trading * Fed meeting gets underway today, so volume might be lighter * Several earnings reports due after the close, including Chewy and GameStop(Tuesday Market Open) A day after making it back to even for the year, the market appears to be taking a pause as investors reflect on this amazing rally and the Fed gathers in Washington.Stocks ticked lower in pre-market trading as a more cautious tone took hold, with selling seen in some of the travel-related stocks that drove things higher yesterday and gold pushing higher. Some selling today might be a little warranted considering the recent strength of this rally. At some point, people just take profits. If the S&P; 500 Index (SPX) can hold 3200 today, it would probably be viewed as a victory.Bonds are up again today after last week's selloff, and volatility is gaining some ground. European indices are all lower this morning, too. The 10-year Treasury yield couldn't hold 0.9% yesterday and is back down to 0.83% this morning, though it remains a lot higher over the last few sessions. Bond buyers are starting to return, though it might have to do with people setting themselves up ahead of the Fed meeting.We'll have to keep an eye on the 10-year because Financials have come out to play lately and the Russell 2000 Index (RUT) has also done well thanks in part to strength in mid-sized banks. We'll see if that lasts. It's worth noting that caution began to show up even yesterday, as gold and volatility rose even amid the strength in equities. Gold surged above technical resistance at $1,700 an ounce.The Fed meeting that starts today and ends tomorrow could possibly mean lighter-volume trading, though volume was pretty strong in recent days as the market rallied. Typically, volume and market moves tend to be lighter as a Fed meeting begins, and until very recently, the futures market predicted almost no chance of a rate move tomorrow.You can never say never, but there's almost no chance the Fed would surprise anyone and conduct a stealth rate hike. The futures market at CME Group Inc (NASDAQ: CME) does show the chances of a hike at around 16%, which is probably just noise.A couple of earnings might be worth watching after the close, including Chewy Inc (NYSE: CHWY) and GameStop Corp (NYSE: GME). These two are ones a lot of analysts see benefitting from the shutdown.One Word For Rally: "Stunning"Many analysts were expecting this to be a very rough recovery following the SPX's 35% plunge from all-time highs in February and March, but the move we've had from three-year lows posted in March is absolutely stunning.What's also stunning is how the market continues to just climb and climb despite the economy still being in pretty messy shape. Last Friday's jobs report came in far better than almost anyone probably expected, though no one would call a 13% reading on unemployment good. There's definitely a dichotomy taking place between the market and the rest of the economy. A lot of Americans continue to suffer, and that's not necessarily ending soon.That said, stocks often provide a forward view. Arguably, the rally into the jobs report reflected investor belief that the jobs situation wasn't as bad as everyone said. Turns out stocks were right, and most (if not all) the analysts were wrong.Now we're seeing airlines, casinos, resorts, rental car companies, and most amazingly, Boeing Co (NYSE: BA), all soaring. So maybe that's the market telling us there's a real recovery going on in the travel industry that just hasn't shown up in the data yet. You can be skeptical about that and say this is all speculation--and you might end up being right. However, if you write it off that way, you risk being as wrong as all of those analysts were about the jobs report.On A Cautionary Note ... One thing that might keep some investors cautious is the way this rally is being driven without any earnings yet to support it. Earnings season is still more than a month away, and Q2 could be a disaster for bottom lines, for want of a better word.The argument some make is that Fed policy matters more right now than earnings (see more below) and that most people have already worked in the likelihood of 2020 being a dumpster fire for company results and things potentially getting better in 2021.It's important to monitor what the Fed says tomorrow about the economic picture, and also to take a look at the so-called "dot-plot" of where Fed officials see rates headed in the future. This will be the first dot-plot since the pandemic really shut things down. We'll talk more about all this in tomorrow morning's report.In the meantime, it's incredible to see the turnaround in "outdoor" stocks, meaning stocks of companies that do best when people get back outside from the shutdown. The leading sub-sectors of the S&P; 500 last week were oil and gas drilling, department stores, and airlines. These are the same sub-sectors that got taken to the woodshed back in March. As we noted, BA has been absolutely astonishing in its comeback lately, raising hopes that there might be some good news soon on the regulatory front related to the grounded 737 MAX. That remains to be seen.It's never "safe" to say anything about the markets. With that caveat out of the way, it does seem somewhat safe (for now, anyway), to say that if airlines and department store stocks are doing well, the rest of the market is likely to also be in good shape. Health in these sectors reflects a re-emerging economy.It's also a safe thing to say that when more sectors go up together, it's a healthier market than when one or two highly-capitalized sectors do great and the rest of the market slogs along or falls. That was the situation early in this rally when tech-led everyone. Now, Information Technology is taking more of a back seat while others lead. Look at Monday's results as a good example. While Energy led with better than 4% gains, every sector rose, and many gained 1% or more. Materials and Tech brought up the rear.This widespread advance may not last for long, so it's important to monitor the situation and see if the wealth continues to be shared. Any sign of tech once again running ahead while everyone else dawdles would possibly be a warning.Back in the Pool Retail investors got busy in May, according to the latest reading of the TD Ameritrade Investor Movement Index® (IMXSM). It increased to 4.35 in May, up 11.54% from its April score of 3.90. The IMX is TD Ameritrade's proprietary, behavior-based index, aggregating Main Street investor positions, and activity to measure what investors actually were doing and how they were positioned in the markets.In May, we started to see optimism really take hold of the markets. Clients were future-focused in their equity buys--as we saw the 'optimism trade' take hold in terms of the actual or soon-to-be reopening of state economies--feeding hope of a quick recovery. Combine this with news around potential coronavirus vaccine developments, along with a slowing of cases, and it looks like TD Ameritrade's clients used this news to step up their exposure to the market for the first time in four months.Some of the popular names retail traders bought during the period, according to IMX, included Southwest Airlines Co (NYSE: LUV), Walt Disney Co (NYSE: DIS), General Electric Company (NYSE: GE), Wells Fargo & Co (NYSE: WFC), and Norwegian Cruise Line Ltd (NYSE: NCLH). One company that had been popular got on the sellers' list this time around as investors tracked by IMX net-sold shares of Tesla Inc (NASDAQ: TSLA) during May.CHART OF THE DAY: RE-ENERGIZED. The Energy Sector (IXE--candlestick) was already in a blue funk before the COVID-19 pandemic rocked the S&P; 500 Index (SPX--purple line), but when the economy shut down, crude oil--and the sector in general--took it on the chin and were slow to recover. But recent economic optimism, plus a new OPEC+ agreement in the works, Energy lapped the field Monday, advancing 4.3%. Data source: S&P; Dow Jones Indices. Chart source: The thinkorswim® platform from TD Ameritrade. For illustrative purposes only. Past performance does not guarantee future results.Paging Powell: The Fed has said it wouldn't touch rates until inflation moves back toward the Fed's longstanding 2% target. The question is, what if inflation starts to rise due to an improving economy even while unemployment stays high? Even if we've reached the worst of the job losses (not necessarily the case), it seems like unemployment levels could take years to get back below 4%, if they ever do. However, if the Fed is right in its previous forecasts that the second half of 2020 could bring far better economic growth, inflation's return can't be ruled out, especially with rates still extremely low.All this could be the subject of discussion tomorrow when this week's Fed meeting ends. That's when investors should consider listening closely to what Fed Chairman Jerome Powell sees ahead for the economy, and what he makes of last Friday's amazing but also surprising payrolls report.Do Valuations Matter? Speaking of the Fed, a debate rages about whether this rally is justified when it seems so closely linked to the central bank's actions. It certainly appears to have caught many fund managers by surprise, and even Warren Buffet sold airlines ahead of the big surge in those shares. Many agree that the Fed adding trillions of dollars to its balance sheet is the main reason for the stock market's 40% comeback from late March. What they're worried about is how this rally has affected valuations, with the SPX now trading at around 25 times projected 2020 earnings per share.
- 06/09/2020
|
Travel Stocks Lose Momentum In Pre-Market After Leading Yesterday's Sharp Rally
- Key Takeaways: (Tuesday Market Open) A day after making it back to even for the year, the market appears to be taking a pause as investors reflect on this...
- 06/09/2020
|
Investor Movement Index Summary: May 2020
- TD Ameritrade clients increased exposure to equity markets for the first time in four months during the May period. The IMX score moved higher, increasing by 0.45, or 11.54%, to 4.35 during the period.TD Ameritrade clients were once again net buyers overall during the period, and net buyers of equities. Fixed income buying was light, with the smallest purchase in over two years. Clients instead preferred equities, with large buying in the Health Care, Industrial, and Energy sectors, helping push the IMX score higher. Volatility was generally lighter during the period. The Cboe Volatility Index, or VIX, which measures volatility of the S&P; 500 Index, closed below 30 for the first time since February.Equity markets moved higher during the May period, with the S&P; 500 recapturing the 3,000 mark for the first time since March 5. The S&P; 500 increased 7.3%, while the Dow Jones Industrial Average increased 6.8%. Technology stocks were in favor, and the Nasdaq Composite increased 9.9%. Markets rallied during the period as many states began the process of reopening their economies, even as the COVID-19 total death toll in the United States topped 100,000. News of a possible increase in economic activity was a boon to investors as April economic data reports were dismal. U.S. consumer spending fell by a record 13.6% during April due to coronavirus lockdowns, while retail sales were down a record 14.6% due to a dramatic decrease in shopping and eating out. There was positive news regarding a potential vaccine for COVID-19, with over 120 vaccines in the works worldwide, and roughly 10 undergoing human trails. U.S. companies Moderna Inc. and Pfizer Inc. announced positive testing results for a vaccine, while Chinese company Sinovac Biotech announced it reached stage 2 of its clinical trial. One piece of good news from financial markets was the reopening of the New York Stock Exchange trading floor, which had been closed for two months while trading was completely electronic following COVID-19 social distancing measures.TradingTD Ameritrade clients were net buyers of equities during the period. Airline companies were once again in favor, with net buying among Delta Air Lines Inc. (NYSE: DAL), American Airlines Group Inc. (NASDAQ: AAL), Southwest Airlines Co. (NYSE: LUV), and United Airlines Holdings Inc. (NASDAQ: UAL). All four stocks were at or near 52-week lows during the period as the companies continued to struggle with coronavirus issues, and clients used the weakness to add to positions in the hope life returns to some semblance of normal after months of quarantine and economic shutdown. Plane manufacturer Boeing Co. (NYSE: BA) was also net bought. The company announced it has resumed production of its 737 MAX jetliner "at a low rate" as it focuses on workplace safety and product quality.Cruise line operators Carnival Corporation & Plc (NYSE: CCL) and Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) were also net bought for the second month in a row. The stocks closed May up over 100% from lows seen in March/April amid optimism in the potential development of a coronavirus vaccine and economies reopening after a months-long pause in operations, and CCL announcing plans to resume eight cruises on August 1.General Electric Company (NYSE: GE) was net bought as the stock reached the lowest point in over a decade but rebounded near month-end as it announced it is selling its lighting business as part of its restructuring plans. The Walt Disney Company (NYSE: DIS) announced it will begin reopening at reduced capacity in mid-July, and the company's plans to protect against coronavirus include limited attendance, plexiglass barriers, and a "social-distancing squad", and was net bought. Wells Fargo & Co. (NYSE: WFC) was a net buy as the stock traded at the lowest point since 2009, as big banks set aside billions of dollars to cover bad loans due to the pandemic.Additional popular names bought include Exxon Mobile Corp. (NYSE: XOM), AT&T; Inc. (NYSE: T), Ford Motor Co. (NYSE: F), and Microsoft Corp. (NASDAQ: MSFT).Although they were net buyers overall, TD Ameritrade clients found same names to sell during the period.Tesla Inc. (NASDAQ: TSLA) was net sold as the stock topped $800 per share for the first time since early March. The company brought back to life its previously discontinued Model 3 Long Range RWD as a made-in-China vehicle, and it officially started deliveries in the country leading shares higher. Snapchat Inc. (NYSE: SNAP) traded near a 52-week high, continuing an uptrend after the social-media service announced a strong jump in first quarter revenue last month. The stock ended the period roughly 30% higher than it was before the COVID-19 crisis and was net sold. Otis Worldwide Corp. (NYSE: OTIS), a pure play on elevators, was net sold for the second month in a row as clients sold on strength during the period. Wayfair Inc. (NYSE: W) announced a beat on earnings, pushing the stock to a 52-week high, and was also net sold.Additional names sold include Wabtec Corporation (NYSE: WAB) and Iqiyi Inc. (NASDAQ: IQ).Inclusion of specific security names in this commentary does not constitute a recommendation from TD Ameritrade to buy, sell, or hold.Historical OverviewTD Ameritrade's Investor Movement Index (IMX) has generally correlated with the S&P; 500 as clients react to equity price movements, but the index has gone through uncorrelated periods. Beginning in January 2010, when TD Ameritrade started tracking the IMX, the index rose with equity markets until April 2010, when it peaked at 5.40. In May 2010 investors experienced the "Flash Crash" and the IMX began a sharp downward trend.The IMX didn't reach 5.00 again until the S&P; 500 was well above April 2010 levels. The index eventually peaked at 5.56 in June 2011. This peak was immediately followed by a plunge in equity markets, and in the IMX, as the media was dominated by the U.S. debt ceiling debate, S&P; downgrade of U.S. debt, and European debt concerns.The S&P; 500 began to recover in the fall of 2011, but the IMX continued to decline until it reached a new low at the time in January 2012. As the S&P; 500 began to sustain an upward trend in early 2012, the IMX started to rise. In 2013, as economic conditions improved and the S&P; 500 climbed to record levels, the IMX rose to the high end of its historical range, finishing 2013 at 5.62, and continued to rise in 2014 amid geopolitical tensions related to Ukraine and the Middle East, until seeing slight declines in October and November.By the middle of 2015 the IMX had seen increases, as equity market volatility had reduced to near historical levels while the market continued its upward trend. As 2015 ended its third quarter, volatility had returned to markets, as global economic concerns and speculation around the timing and trajectory of Federal Reserve rate increases seemed to rattle overall equity markets. This uncertainty continued to play a role in the equity markets through the fourth quarter of 2015 and into early 2016. The volatility accompanying this uncertainty abated in the second quarter of 2016 and remained low until late in the third quarter. Just as it had in 2015, the IMX saw increases mid-year during the period of lower volatility.The IMX continued to climb into the fourth quarter reaching 5.83 in October 2016, its highest point in two years. A brief spike in volatility during November, timed around the U.S. presidential election, coincided with a slight pull back in the IMX, which then ended 2016 at the high end of its historical range. The IMX started 2017 with an upward trend and reaching an all-time high in March, before pausing in April as lower volatility lead to a decrease in the IMX. The momentum resumed in May, with the IMX breaching 7.0 for the first time ever in July of 2017. The IMX took another brief pause in September, before following markets higher and breaching 8.0 for the first time ever in November and ending 2017 at an all-time high.Volatility returned to the markets in early 2018, and the IMX decreased for four consecutive months to start the year. The IMX then rebounded in the spring of 2018 and continued higher during the summer on the back of better-than-expected earnings and increasing equity markets. The IMX headed higher during the fall of 2018 as economic growth increased before heading lower in late 2018 as the Nasdaq Composite entered a bear market to end the year. Geopolitical issues were in the headlines during early 2019 as the U.S. and China traded tariffs. The IMX rebounded along with equity markets in the spring of 2019 on optimism of a trade deal with China and the unemployment rate nearing a 49-year low. The IMX remained range-bound during the summer of 2019 as trade-related policy concerns led to investors favoring less-risky assets, including fixed-income products. Heading into the fall of 2019, the IMX began to rebound and ended the year at the highest levels in over a year as trade war fears diminished and economic data began to improve globally.In early 2020, the bull market ended as markets pulled back due to the COVID-19 pandemic, with markets experiencing volatility not seen since the financial crisis of 2008.Historical data should not be used alone when making investment decisions. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision.All investments involve risk including the possible loss of principal. Please consider all risks and objectives before investing.Past performance of a security, strategy or index is no guarantee of future results or investment success.The IMX is not a tradable index.The IMX should not be used as an indicator or predictor of future client trading volume or financial performance for TD Ameritrade.
- 06/08/2020
|
TD Ameritrade Investor Movement Index: May Activity Boosts IMX | MarketScreener
|
TD Ameritrade Investor Movement Index: May Activity Boosts IMX
- The Investor Movement Index® (IMXSM) increased to 4.35 in May, up 11.54 percent from its April score of 3.90. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
- 06/08/2020
|
Merger Arbitrage Mondays - Tiffany Experiences Wild Gyrations
- Merger activity increased last week with one new deal announced. The acquisition of Tetraphase Pharmaceuticals by Melinta Therapeutics for $55 million. Yatra On
- 06/08/2020
|
The IMX Rebounds In May In Tandem With The Market
- For the first time in 2020, the Investor Movement Index (IMX), TD Ameritrade’s Monthly survey of client portfolio behavior, saw an uptick through May as investors grew...
- 06/08/2020
|
Hyperscience Raises $60M in Series B Funding | FinSMEs
- Hyperscience, a New York-based data automation startup, raised $60m in Series B funding. The round was led by Bessemer Venture Partners
- 06/06/2020
|
Week’s Best: Schwabitrade Moves Closer to Reality
- Here’s a look back at the top stories at Barron’s Advisor this week.
- 06/05/2020
|
SCHWAB CHARLES CORP : Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits (form 8-K) | MarketScreener
|
Dumb money is looking a lot smarter in never-ending stock rally - BNN Bloomberg
- The scores of individual investors who piled into what seemed like an endlessly falling stock market are winning big now.
- 06/05/2020
|
Schwab-TD Merger Wins Shareholder Approval
- Shareholder meetings took place Thursday, the same day Schwab said that its planned acquisition of its former rival had passed antitrust muster.
- 06/05/2020
|
TD Ameritrade (AMTD) Catches Eye: Stock Jumps 9%
- TD Ameritrade (AMTD) saw a big move last session, as its shares jumped 9% on the day, amid huge volumes.
- 06/05/2020
|
Schwab-Ameritrade Deal Gets DOJ & Shareholder Nod, Stocks Up
- Schwab's (SCHW) all-stock deal to acquire TD Ameritrade (AMTD) overcomes major hurdles as the DOJ and shareholders of both the companies give their approval.
- 06/05/2020
|
TD Ameritrade shares are trading higher on reports Charles Schwab received anti-trust approval from the DOJ for its acquisition of TD Ameritrade.
|
TD AMERITRADE HOLDING CORP : Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits (form 8-K) | MarketScreener
|
TD Ameritrade Reports Shareholders Approve Merger With Schwab
|
S&P 500 closes down, snapping four-day rally
|
US STOCKS-S&P 500 closes down, snapping four-day rally
- The S&P; 500 lost ground on Thursday as investors took profits in advance of Friday's jobs report, ending a four-day rally driven by rising economic sentiment. The Nasdaq joined the S&P; 500 in negative territory, while the blue-chip Dow posted a nominal gain.
- 06/04/2020
|
Charles Schwab : Schwab Stockholders Approve Acquisition of TD Ameritrade | MarketScreener
|
Schwab Stockholders Approve Acquisition of TD Ameritrade
|
TD Ameritrade Announces Shareholder Approval of Merger with Charles Schwab and Closing of DOJ Investigation of Merger
- TD Ameritrade Holding Corporation (Nasdaq: AMTD) announced that its shareholders have voted to approve and adopt its merger agreement with The Charles Schwab Corporation (NYSE: SCHW), a leading provider of financial services offering a full range of wealth management, securities brokerage, banking, asset management, custody and financial advisory services to individual investors and independent investment advisors.
- 06/04/2020
|
S&P 500, Nasdaq slide after rallying on recovery optimism
- The Dow Jones Industrial Average was up 14.28 points, or 0.05 per cent, at 26,284.17.
- 06/04/2020
|
US STOCKS-Wall Street ends four-day rally in advance of May jobs report
- While all three major indexes were modestly lower, they have shown remarkable resilience since their late March plunge, with the Nasdaq, the S&P; 500 and the Dow now within 2%, 9% and 12% of their respective record highs reached in February. "From the S&P; 500 Index peak on February 19 to the bear market lows March 23, stocks lost 33.9%," noted Ryan Detrick, senior market strategist for LPL Financial in Charlotte, North Carolina.
- 06/04/2020
|
US STOCKS-Wall Street retreats after rallying on recovery optimism
- The Nasdaq 100 index retreated from an intraday record high on Thursday, with the S&P; 500 and Dow Jones indexes also slipping as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out. Wall Street's main indexes had gained in early trading as U.S. weekly jobless claims fell below 2 million for the first time since mid-March, bolstering optimism around a pickup in business activity as economies reopened.
- 06/04/2020
|
Stocks making the biggest moves midday: American Airlines, MGM Resorts, Carnival, Fossil & more
- Take a look at the companies making headlines in midday trading.
- 06/04/2020
|
Schwab-TD deal wins DOJ antitrust approval - InvestmentNews
- The completion of the investigation is an “important milestone” toward the proposed deal, said Charles Schwab CEO Walt Bettinger.
- 06/04/2020
|
Schwab-TD Ameritrade Merger Clears DOJ Hurdle
- The brokerages’ planned merger would create a giant among the companies that provide custody services to independent financial advice firms.
- 06/04/2020
|
S&P 500, Nasdaq slide after rallying on recovery optimism
- The S&P 500 and Nasdaq indexes edged lower in choppy trading on Thursday, as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out even with weekly jobless claims dipping below 2 million for the first time since mid-March.
- 06/04/2020
|
US STOCKS-S&P 500, Nasdaq slide after rallying on recovery optimism
- Read more about US STOCKS-S&P 500, Nasdaq slide after rallying on recovery optimism on Devdiscourse
- 06/04/2020
|
US STOCKS-S&P 500, Nasdaq slide after rallying on recovery optimism
- The S&P; 500 and Nasdaq indexes edged lower in choppy trading on Thursday, as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out even with weekly jobless claims dipping below 2 million for the first time since mid-March. Wall Street's main indexes have recovered sharply from their March lows and the tech-heavy Nasdaq index is now only 2% below its all-time closing high hit in February.
- 06/04/2020
|
Why TD Ameritrade's Stock Is Trading Higher Today
|
Schwab-TD Ameritrade Deal Gets U.S. Antitrust Clearance
- Charles Schwab said the Justice Department's antitrust division closed its investigation of the online broker's proposed acquisition of TD Ameritrade , paving the way for the roughly $26 billion deal to proceed. Both financial-services companies' shares at last check were climbing, Schwab by 1.7% to $40.17 and TD Ameritrade 4.7% to $43.31. The two companies now expect the acquisition to close in the second half.
- 06/04/2020
|
US STOCKS-Tech stocks boost Nasdaq as recovery optimism prevails
- Read more about US STOCKS-Tech stocks boost Nasdaq as recovery optimism prevails on Devdiscourse
- 06/04/2020
|
US STOCKS-Tech stocks boost Nasdaq as recovery optimism prevails
- A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March bolstering optimism around an economic rebound from the coronavirus-driven slump. "The market is due for a pause," said Christopher Grisanti, chief equity strategist at MAI Capital Management in Cleveland, Ohio.
- 06/04/2020
|
