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The best applications to invest in the stock market in 2020 – Net Newsledger

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Do you want to invest in the stock market and you always have your mobile at hand? Here are the best applications to invest in the stock market this year: updated, powerful, and very useful.

If you are going to invest in the stock market this year you need the odd application. From a cheap broker to an application that allows you to see the latest news about the stock market and the different markets. That is why, whether you are an expert investor or want to learn everything about investments, we have prepared a compilation of the best applications to invest in the stock market this year 2020. They can be useful in online trading in the UK.

We believe that more and more people are concerned about investing and how to do it is important, so we have thought of you and we will give you a brief review of what applications to use to learn everything in this field. We have selected from the most basic to those designed for experts. We look forward to helping you with them.

Google finance

It is not an application as such, but a shortcut that can be installed on your mobile to enter the finance section of Google. We recommend Google Finance because it is the ideal place to check the value of any share that you want. In addition, it is very useful to follow different values, all from Google and updated in real-time with the different markets.

Yahoo Finance

We know that investing in the stock market is not only having an interface where you can consult data, but also news and information that help you see what is happening in the market and help you understand how it is working. Yahoo! Finance not only offers you a very polished interface where you can watch the news, but it also allows you to see and follow the stock values ​​of the vast majority of companies in all markets. The best of Yahoo! Finance is how beautiful it is visually and how well finished it is. Of course, the news is really useful and it is as if you were using the Bloomberg app. While it is true that it is not as accurate as the one we just mentioned, it will be of great use to everyone.

StockTwits

One of the things that helps a lot when investing in the stock market is knowing where to do it and how to do it. If you want to get a place to discuss these issues, the app in question that you must install on your mobile is StockTwits. This application is not like the previous ones nor does it have anything to do with it. It is actually a forum where expert investors meet to see how the markets are going, where they are going, or what investment opportunities are presented.

It is a somewhat advanced application that at first might not interest you much but if you want to really know what the experts think in a real way and without having to search all of Twitter for the latest news, this is the best option.

Plus500

Plus500 is one of the first applications that I came across when I first approached the stock market. Most people discover Plus500 as an investment simulator that allows you to trade a large amount of money that is not real and that you can manipulate in any way you want. If you take the leap, the application itself allows you to also trade with real stocks, raw materials, and all kinds of securities. The best thing about Plus500 is that it is very useful for beginners and the fictitious account works with all markets and stocks. In fact, if you want to invest with money that is not real, this is one of the best applications to invest with play money. It will be useful to learn how to invest in the stock market but do not be fooled, it is actually a powerful tool for users who also invest in a real way, buy raw materials, and trade currencies.

We have provided you with applications of all kinds. Which ones will you install on your phone?

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Investment

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

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NEW YORK (AP) — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House.

Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. Trump’s plans for extensive tariffs on Chinese imports make it less likely that Chinese EVs will be sold in bulk in the U.S. anytime soon.

“Tesla has the scale and scope that is unmatched,” said Wedbush analyst Dan Ives, in a note to investors. “This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment, coupled by likely higher China tariffs that would continue to push away cheaper Chinese EV players.”

Tesla shares jumped 14.8% Wednesday while shares of rival electric vehicle makers tumbled. Nio, based in Shanghai, fell 5.3%. Shares of electric truck maker Rivian dropped 8.3% and Lucid Group fell 5.3%.

Tesla dominates sales of electric vehicles in the U.S, with 48.9% in market share through the middle of 2024, according to the U.S. Energy Information Administration.

Subsidies for clean energy are part of the Inflation Reduction Act, signed into law by President Joe Biden in 2022. It included tax credits for manufacturing, along with tax credits for consumers of electric vehicles.

Musk was one of Trump’s biggest donors, spending at least $119 million mobilizing Trump’s supporters to back the Republican nominee. He also pledged to give away $1 million a day to voters signing a petition for his political action committee.

In some ways, it has been a rocky year for Tesla, with sales and profit declining through the first half of the year. Profit did rise 17.3% in the third quarter.

The U.S. opened an investigation into the company’s “Full Self-Driving” system after reports of crashes in low-visibility conditions, including one that killed a pedestrian. The investigation covers roughly 2.4 million Teslas from the 2016 through 2024 model years.

And investors sent company shares tumbling last month after Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, seeing not much progress at Tesla on autonomous vehicles while other companies have been making notable progress.

Tesla began selling the software, which is called “Full Self-Driving,” nine years ago. But there are doubts about its reliability.

The stock is now showing a 16.1% gain for the year after rising the past two days.

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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