26/11/2021:According to NASDAQ Trader, nearly 35 million trades occur daily. The website only provides collated data from trading venues where stock market enthusiasts trade NASDAQ’s issues. Considering the New York Stock Exchange (NYSE) has more listings and trades than the NASDAQ, it’s safe to assume that more than 70 million trades occur in New York alone. Those are startling numbers. However, it shouldn’t come as a surprise. According to a Gallup survey, 56 percent of Americans own stocks. The stock market has long allured Americans, regardless of their age, social status, or locality. Many people fancy trying their hand at the stock market. After all, they believe it’s the quickest way to accrue more fortune. However, trading stocks is easier said than done, and most people lose their money due to poor investing decisions.
Generally, two approaches to stock markets exist. There are long-term stock investors who adopt a passive investing approach. Others prefer the rush of actively buying and selling stocks. This group of traders participates in something known as active investing. Regardless of the approach, awareness of the latest developments arising in the stock market world is crucial. Despite popular belief, news events can have a significant impact on a corporation’s stock price. For instance, if a pharmaceutical company receives FDA clearance for their newly-tested drug, stock market investors and traders see it as a gleaming sign that the company is about to prosper. Likewise, if news about a company’s manufacturing struggles breaks out, investors lose confidence in that company’s shares, prompting them to sell.
Given the impact news can have on market volatility, traders and investors need to be aware of the latest developments. Keeping updated on the latest news is particularly invaluable for traders because they often hold shorter-term positions. Day and swing traders aim to capitalize on market fluctuations to profit. Staying updated with the latest developments can be challenging, and that’s where Stocks of the Day comes into the mix.
Stocks of the Day is a news aggregator for US stock traders. The website collects news and press releases about publicly traded companies. The website has an AI platform that it uses to process the news. Once the AI processes the information, it publishes it on the website, providing real-time updates to traders. In addition, the AI platform also makes stock predictions based on the news. However, this option is only available to subscribers.
In conversation with us, the company founder, Daniel Radman, shared, “We’re delighted to be helping stock traders across the United States improve their stock market trades with our platform. Everyone harbors aspirations of becoming a successful stock market trader or investor. However, the reality’s that it’s not as straightforward as it might initially seem. The business world is a dynamic landscape. Any new information can send shockwaves through the market. The truth’s that even the most experienced traders often have missteps because keeping up with the market can be challenging.”
Radman continued speaking about Stocks of the Day’s services, “That’s where we come into the picture. Stocks of the Day helps traders stay updated about the latest market developments. Whether it’s news about an FDA approval or a company’s expansion, you’ll find it on our website. In addition, we help both inexperienced and veteran traders by providing them with some of the most accurate stock signals they’ll find on the market. Our advanced AI system utilizes its knowledge of historical news and market data to come up with predictions. Our subscribers have benefitted from our AI’s predictions, and we’re positive that they’ll continue to do so for a long time to come.”
Stock traders and investors can sign up for a Stocks of the Day membership today. Subscribers receive unlimited access to over 4,000 news articles published daily. In addition, they can also utilize news hashtags to find relevant information quicker. Moreover, subscribers receive bot predictions and real-time alerts, helping them gain an edge over other traders and investors. Stocks of the Day is currently offering a free 7-day trial.