Top 25 Most Traded Stocks by Investors at Firstrade in July
Firstrade investors favored many tech stocks as earnings season got underway in July. Here are their favorites:
Tesla Inc. (TSLA)
Apple Inc. (AAPL)
Nio Inc (NIO)
Advanced Micro Devices (AMD)
Boeing Co. (BA)
Taiwan Semiconductor Mfg. Co. Ltd. (TSM)
Moderna Inc. (MRNA)
Microsoft Corporation (MSFT)
Amazon.com Inc. (AMZN)
Intel Corporation (INTC)
Facebook Inc. (FB)
American Airlines Group (AAL)
Square Inc. (SQ)
Fastly Inc. (FSLY)
Carnival Corp. (CCL)
Netflix Inc. (NFLX)
NVIDIA Corp. (NVDA)
Eastman Kodak Company (KODK)
Occidental Petroleum Corporation (OXY)
AT&T Inc. (T)
Inovio Pharmaceuticals Inc. (INO)
Pinduoduo Inc. (PDD)
Simon Property Group Inc. (SPG)
Zoom Video Communications Inc. (ZM)
Alibaba Group Holding Ltd. (BABA)
Major Chart Upgrades are Here: Streaming Data, Advanced Drawing Tools and more…
Are you an investor who regularly checks real-time stock trends and favors technical tools to make investment decisions?
Today, we’re introducing a new real-time investment & stock market streaming chart with various advanced tools.
Supported by the financial chart development company Tradingview, the new charts display real-time data that you can interact with and customize, and come with more indicators and drawing tools that will allow you to place trades more strategically.
Key new features:
View data in real-time
All individual stock data are displayed and updated in real time and streaming, without any delays. You don’t need to refresh the page to get the latest data.
Customizable, advanced chart settings
You may customize your chart to your specific preference, whether it’s to monitor the price movement of a stock using lines, bars or candlesticks, or simply just to change its background color.
50+ Drawing tools
You can now mark-up your charts using over 50+ drawing tools. Visualizing the chart helps you better track the market direction of a specific stock and seize the timing of entry and exit of your trades.
Download or social share your chart
You may download and save your customized charts so that you can verify them against real stock movement at a later time. You can also share them on social media and hold discussions with other investors.
More than 80 indicators to choose from
You may now choose from more than 80 chart indicators, including commonly used ones like MA, MACD, KD, RSI, etc. The indicators are easy to find with the built-in search feature. In addition, the new charts scale down automatically as you add more indicators, accommodating all your selections in one view. It’s beneficial to users who like to cross-analyze stock trends using several indicators at a time.
Place orders seamlessly
When a trading opportunity arises while viewing a chart, simply hover over the trading box right below the chart and enter a stock symbol to place an order instantly.
Compare symbols
You can now use “Compare” to add stock symbols to your chart. By comparing the stock movements of different symbols, you will have a better idea to determine which stock to trade.
We hope the new chart will greatly improve your trading experience. You can log in to your Firstrade online trading platform account now and use it right away.
Get Insights into the Stock Market with Firstrade's Weekly Market Overview Event
Firstrade, in partnership with OptionsPlay, is excited to bring our exclusive weekly Market Overview sessions to investors. These events provide investors with an opportunity to learn how Tony, Chief Strategist of OptionsPlay and CNBC contributor on Options Action, views the current market and shares his economic and technical research. His combination of fundamental and technical analysis sheds light on the bigger forces at play that are affecting markets and how to use these to your advantage and make the most out of your trades.
Join us every Tuesday at 8:30 AM EST and see how the Firstrade Weekly Market Overview session can help you set the tone for the week ahead. We discuss the broad market overview, technical levels and indicators before moving on to specific sector analysis and finally, to look at trade ideas and symbols that are of interest. You will also have the opportunity to ask our speaker any questions you might have at the end of the session.
These events are not to be missed, so be sure to book your spot here. As always, the insights that are discussed during these events are for information and education purposes only and should not be interpreted as recommendations to trade particular stocks, but merely part of our commitment to bring education to investors.
Featured Speaker
Tony Zhang - Tony is the Chief Strategist at OptionsPlay and a CNBC's Options Action Contributor. With over a decade of experience in derivatives, equities and FX, Tony is the industry leader in options education. Helping build the OptionsPlay platform from the ground up, Tony is an advocate for responsible options trading which is reflected in the ethos of OptionsPlay. His wealth of knowledge and excellent educator skills allowed him to be a contributor in CNBC's Options Action program every Friday where he shares his trade ideas and options strategies.
Graduates: 5 Epic Reasons You NEED a Roth IRA Account ASAP
Think twenty is too young to be thinking about your future retirement? Think again.
Putting money into your own IRA account is one of the smartest ways to save for your retirement without paying thousands of dollars in taxes later on.
5 Reasons Why Young Millennials and GenZers Should Take Advantage of Roth IRAs:
You’ll Get Decades of Tax-Free Growth
That’s right. By taking advantage of a Roth IRA and following the rules, you’ll be able to put away thousands of dollars while your earnings and contributions grow 100% tax-free.
Withdraws After Retirement are Tax-Free
Why lose a percentage of your precious earnings and contributions when you can withdraw for FREE? A Roth IRA has this among many other benefits.
And if that wasn’t enough of a reason to start a Roth IRA young, individuals in their 20s often make less than their elders in their 30s and 40s, which means they’ll be in a lower tax bracket. Use this opportunity to put away as much as you can!
You Can Start at ANY Age (But the Sooner the Better!)
As long as you have an earned income, you can start your Roth IRA just as soon as you’re ready! Keep in mind that there is a limit to how much you can make when you’re contributing to a Roth IRA. If you are a single tax filer and earn more than $133,000 in 2020, you will not be eligible to contribute to a Roth IRA. For married couples the income cutoff is $196,000.
You Can Use Your Roth IRA Fund for Future Home Purchases
If you follow the rules, you can use up to $10,000 for buying, building or rebuilding a home. This is a “first time homebuyers exception”. However, this doesn’t necessarily have to mean you’ve never owned a home, just that you haven’t in the last two years.
Saving Young Means Saving More - And With Far Less Hassle
Financial planners will usually advise you to save between 15-20% of your income, beginning in your twenties, but having a clear goal is a much better plan.
You can find out specifically how much you’ll have to save a year using this handy financial planning calculator. Just remember that the more you can save, the better. After all, this is your retirement we’re talking about!
To put things in perspective, if you were to put a minimum amount of $1,000 a year towards your Roth IRA starting at the age of 20, you will have already accrued around 225,508.12 by the time you’re ready to retire at 65.
Contrast this with waiting until you’re 30 to begin putting a minimum of $1,000 a year towards your retirement, which would come out to be around $118,120.87 by the time you were 65 at an annual rate of 6%.
Another useful way to look at this would be that if you want to have over a million dollars in savings by the time you retire at the age of 65, you should be actively putting away around $4,500 a year from the time you’re 20 until you retire. This comes out to be $1,014,786.56 in total. Awesome, right?
Meeting savings goals will get harder the older you get because in order to save a minimum amount of around a million dollars for retirement, you’ll have to put nearly half your income into savings in a single year if you wait until you’re 40.
When it comes to retirement, the more you can save, the better. And that means the sooner you start, the more you can save and the easier it will be to meet your savings goals.
What Are You Waiting For? Open a Roth IRA TODAY!
For contributions in 2019 and 2020, you’ll be able to contribute as much as $6,000 to a Roth IRA for both years. Remember, you have until July 15 to contribute to your 2019 IRA; For contributions in 2020, You can deposit from Jan. 1 this year to the tax year’s filing deadline in mid-April of 2021.
When you open a Roth IRA account with Firstrade, you’ll be able to secure your retirement in a completely no-fee IRA. That means no maintenance fees, no account set-up fees and no annual account fee!
In addition, you’ll be able to take advantage of trading free of commission on stocks, options, and mutual funds in your IRA.
So what are you waiting for? Let’s open your Firstrade no-fee Roth IRA account and start saving for your future and retirement NOW!
Firstrade v3.3 for iOS is here!
We’ve updated our iOS app to bring you the fastest, most efficient trading experience from Firstrade yet! Version 3.3 is available in the Apple app store now with an Android version coming soon.
This upgrade introduces innovations that greatly improve trading workflows and adds some of the most popular features of our desktop trading platform, optimized for a smaller screen.
New features include more charts, a redesign of the account management module, and advanced tools for options traders with more sophisticated investing strategies.
Here are some highlights:
Seamless Portfolio
Improved Indices
Minimize feature lets you view more holdings at once.
Redesigned Account Value Module
New pie chart and account funding shortcut makes account management a breeze.
Consolidated Positions Table
See all your data in one row using horizontal scrolling
New Action Menus
Contextual menus gives you fast access to research and trading
Options Trading Reimagined
Faster, Efficient Complex Options Orders
Click on bid/ask and instantly add options to the new order basket. Edit and keep track of selections instantaneously.
New Risk/Reward Profile
View your potential maximum gain or loss on the order summary screen.
Close Complex Options Positions with Ease
The app now finds the correct combinations for you based on your chosen strategy.
Quick Edit
Change the quantity and net price of your open complex options orders on the fly, allowing you skip the Review screen — so you can react instantly to market fluctuations.
If you’d like to learn more about our new app, check out these videos. Happy investing!