Latest news with #stocktrading
Yahoo
a day ago
- Business
- Yahoo
This Red-Hot Battery Stock Is Up 580% in the Past Year
Amprius Technologies (AMPX) hit a new 52-week high in morning trading on July 21. Shares have a 100% technical 'Buy' signal via Barchart. The stock is trading above its key moving averages and has gained 581% over the past year. Amprius has solid fundamentals, but some analysts warn it's overvalued. Today's Featured Stock: Valued at $1.02 billion, Amprius Technologies (AMPX) is a manufacturer of high-energy and high-power lithium-ion batteries with its silicon nanowire anode platform. What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. AMPX checks those boxes. Since the Trend Seeker signaled a buy on May 13, the stock has gained 201.74%. More News from Barchart It's Never 'Happened in the History of Tech to Any Company Before': OpenAI's Sam Altman Says ChatGPT is Growing at an Unprecedented Rate Ditch 'Basic' Nvidia and Buy This 'Unique' Chip Stock Instead Option Volatility And Earnings Report For July 21 - 25 Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! AMPX Price vs. Daily Moving Averages: Barchart Technical Indicators for Amprius Technologies: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Amprius shares hit a new 52-week high on July 21, touching $9 in morning trading. AMPX has a 100% technical 'Buy' signal. The stock recently traded at $8.76, above its 50-day moving average of $4.05. Amprius has a Weighted Alpha of +287.49. The stock has gained nearly 581.49% over the past year. AMPX has its Trend Seeker 'Buy' signal intact. Amprius is trading above its 20, 50 and 100-day moving averages. The stock made 16 new highs and gained 127.16% in the last month. Relative Strength Index is at 88.51%. The technical support level is $8.11. Don't Forget the Fundamentals: $1.02 billion market capitalization. Revenue is projected to grow 145.46% this year and another 217.92% next year. Earnings are estimated to increase 27.81% this year and increase an additional 83.52% next year. Analyst and Investor Sentiment on Amprius: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are bullish, but some major advisory sites aren't. The Wall Street analysts tracked by Barchart issued seven 'Strong Buy' opinions on the stock. Value Line gives the company its average rating. CFRA's MarketScope rates the stock a 'Sell.' Morningstar thinks the stock is 64% overvalued. 3,860 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line: Amprius Technologies currently has momentum and is hitting new highs. Wall Street Analysts think it has room to appreciate but some major advisory services think it has peaked. I caution that AMPX is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
These Experts Say ChatGPT Can't Beat the Stock Market — But It Can Still Make You Richer
Artificial intelligence (AI) like ChatGPT is showing up in more areas of finance than ever before, but it does not appear to be up to the task of picking stocks that will go gangbusters. In truth, only insider trading or psychic knowledge could do that, but AI isn't even as good as humans at the job yet. Learn More: Read Next: The language model (LLM)-based AI algorithms of ChatGPT and similar don't have the human capacity for nuance and observation that are involved in stock trading. That said, ChatGPT can still help make you richer. Here are some considerations on how to use it. ChatGPT Can Act Like a Broker … Sort Of Michael Martin, vice president of market strategy at said that while generative AI 'can be a fantastic tool for supporting an investor's hypotheses … AI is not truly symbiotic; it pulls its intelligence from human-published knowledge.' While ChatGPT should never replace using an actual stockbroker, it can supplement the tools that brokers provide, Martin explained, making the process of stock analysis faster and more efficient. Other ways it can do this include: Comparing your entire portfolio to 'as many different benchmarks as you can fathom.' Running quick 'what-if' scenarios, like stress-testing your portfolio against historical market crashes or sudden rate hikes. Summarizing complex news fast so you don't get buried in headlines but still catch major events that could impact your holdings. Find Out: To Track Investing Goals Martin also finds ChatGPT useful to check if he's on track with his investing goals, and whether he should put more or less into his equity, bond or even crypto portfolios. 'I'm constantly plugging in new rate scenarios, updated yearly return estimates, and different allocation mixes to see how small shifts might play out over time,' he said. To Check Assumptions Though he never uses ChatGPT for stock recommendations, Martin said, 'I treat it like my portable CFP to stress test my assumptions, catch blind spots I might miss on my own, and fine-tune my portfolio when it makes sense.' To Help With Retirement Planning ChatGPT is also a useful tool when it comes to budget planning and retirement planning, Martin shared. He gave an example prompt and ChatGPT's answer: Prompt: I have $100,000 saved for retirement today. I'm 40. My portfolio is 70% U.S. stocks (Vanguard Total Stock Market ETF — VTI) and 30% international (Vanguard Total International Stock ETF — VXUS). I add $23,000 a year to my retirement account. I'll also get about 80% of the maximum Social Security benefit. At what point can I retire if I'll need $100,000 a year in retirement? ChatGPT's answer: Assuming a 7% average annual return, at age 62 you'd have about $975,000. At 65, you'd have around $1.3 million. At 67, you'd have about $1.55 million. 80% of max Social Security today is roughly $32,000 a year. So you'd need about $68,000 a year from your portfolio to reach $100,000 total income. Using the 4% rule, a $1.7 million nest egg would cover that safely ($68,000 ÷ 0.04). So at 7% growth and your contributions, you'd likely hit that target around age 68. So with these assumptions, you'd be in good shape to retire comfortably around 68. Pretty comprehensive! Use It With Awareness ChatGPT is great so long as you remember to use it as a supplemental tool, not a substitute for real financial advice, Martin said. 'It can help you run numbers, test ideas and catch things you might overlook, but it can't know your full situation or replace the judgment of a qualified advisor who understands tax rules, estate planning or your personal goals.' As a 'Second Opinion' AI can also be valuable to investors as 'a great second opinion tool,' according to Dr. Stephan Shipe, Ph.D., CFP, certifed financial analyst (CFA) and founder of Scholar Financial Advising. 'You can use it to understand financial terminology, summarize tradeoffs or organize questions for your advisor,' he said. Clarity of that kind can help build confidence, which can allow the average investor to take a more active role in their own financial plan. Generalized Advice It's important to remember that AI can only give you generalized advice, Shipe said. 'The biggest risk is thinking AI knows your full situation,' Shipe warned. It can't assess your tax situation, your spouse's benefits 'or how you emotionally react to market volatility.' Taking bad advice from ChatGPT could be catastrophic. Shipe always tells clients, '[G]etting a bad dinner recommendation from ChatGPT is annoying. But getting bad financial advice can be life-altering. The stakes are just too high to blindly follow it.' It's great to use ChatGPT for budgeting, goal-setting or exploring concepts like Roth conversions or asset allocation, Shipe said, so long as you 'treat it like a tool, not the whole toolbox, and not a replacement for human advice.' More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard I'm a Retired Boomer: 6 Bills I Canceled This Year That Were a Waste of Money 10 Cars That Outlast the Average Vehicle This article originally appeared on These Experts Say ChatGPT Can't Beat the Stock Market — But It Can Still Make You Richer
Yahoo
6 days ago
- Business
- Yahoo
Soaring trade war volatility propelled Goldman Sachs to its best quarter of stock trading ever
Goldman Sachs' stock trader hit it big amid the volatility from Trump's trade war last quarter. The bank made a record $4.3 billion in stock trading in the second quarter, up 36% year-over-year. JPMorgan, Wells Fargo, and Morgan Stanley also topped profit estimates for the quarter. The historic bout of volatility in the second quarter brought historic profits for Goldman Sachs stock traders. In its latest earnings report, the Wall Street giant said it saw its best-ever quarter for stock trading last quarter, when the market tanked on Donald Trump's tariffs and then staged a record-breaking rebound after the president paused the trade war for 90 days. Goldman's equities trading revenue rose 36% to a record $4.3 billion in the last quarter. Its fixed income, currencies and commodities revenue also rose 9% to a record $3.4 billion, according to its results posted early Wednesday. The bank's total revenue for the quarter rose 15% to $14.5 billion, beating estimates by around $1.1 billion. Its profits also surged 22% to around $3.72 billion. "Our strong results for the quarter reflected healthy client activity levels across our businesses, our differentiated franchise positions and the talent and commitment of our people. At this time, the economy and markets are generally responding positively to the evolving policy environment," David Solomon, the CEO, said in a statement on Wednesday. Shares of Goldman Sachs rose 1% in premarket trading as investors awaited for more commentary in the company's earnings call. This embedded content is not available in your region. Big banks have broadly posted positive results for the second quarter as they cashed in on surging volatility across assets. JPMorgan, Wells Fargo, and Morgan Stanley also topped profit estimates when reporting their results on Tuesday and early Wednesday. Bank of America posted mixed results, beating on earnings but falling slightly short on revenue estimates. Read the original article on Business Insider Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Stocks endured a wild ride in the second quarter. It was great news for big banks.
The second quarter of 2025 was a great time to be a stock trader at one of the country's major banks. The equities trading desks of all five of the "bulge bracket" banks — JPMorgan Chase (JPM), Goldman Sachs (GS), Morgan Stanley (MS), Citigroup (C), and Bank of America (BAC) — posted double-digit growth compared to the second quarter of 2024 as traders reveled in the whipsaw volatility sparked by Trump's trade fight that escalated in April. At Goldman Sachs, $4.3 billion worth of business for its trading group was enough to break the Wall Street record for stock trading revenues in a single quarter. This marked a 36% jump from the same quarter last year. Morgan Stanley attributed its 23% rise in net equities revenues in part to "higher client activity," while Bank of America put its 10% growth down to performance and "increased client activity." On Citi's Tuesday earnings call, bank CEO Jane Fraser said, "In markets, investments in our trading platforms have allowed us to handle record volumes with ease." The fortunes of investment banks' equities desks, which buy and sell stocks or stock-related products for the bank's clients, are typically tied to volatility rather than whether stocks are going up or down. Between President Trump's "Liberation Day" tariffs, the subsequent tariff rollbacks and rollouts, the Israel-Iran conflict, and myriad other market-moving events, the S&P 500 recorded some of its biggest one- and two-day swings on record during the quarter. Read more: What Trump's tariffs mean for the economy and your wallet The CBOE Volatility Index (^VIX), a measure of implied market volatility often referred to as the "fear gauge," hit its highest levels since the throes of the COVID-19 pandemic in April. The VIX has since traded back to levels that prevailed before "Liberation Day" uncertainty shook stocks. Asked on JPMorgan's Tuesday earnings call how much of the bank's trading performance could be chalked up to a strong and conducive environment, CEO Jamie Dimon said, "I was not surprised" by the market conditions. Robinhood (HOOD) stock has also surged in recent months, rising more than 160% in 2025, as the retail trading giant has benefited from these volatile market conditions along with the Trump administration's embrace of the crypto industry, a key source of business for the platform. Robinhood is set to report earnings after the market close on July 30. Click here for in-depth analysis of the latest stock market news and events moving stock prices
Yahoo
7 days ago
- Business
- Yahoo
Stocks endured a wild ride in the second quarter. It was great news for big banks.
The second quarter of 2025 was a great time to be a stock trader at one of the country's major banks. The equities trading desks of all five of the "bulge bracket" banks — JPMorgan Chase (JPM), Goldman Sachs (GS), Morgan Stanley (MS), Citigroup (C), and Bank of America (BAC) — posted double-digit growth compared to the second quarter of 2024 as traders reveled in the whipsaw volatility sparked by Trump's trade fight that escalated in April. At Goldman Sachs, $4.3 billion worth of business for its trading group was enough to break the Wall Street record for stock trading revenues in a single quarter. This marked a 36% jump from the same quarter last year. Morgan Stanley attributed its 23% rise in net equities revenues in part to "higher client activity," while Bank of America put its 10% growth down to performance and "increased client activity." On Citi's Tuesday earnings call, bank CEO Jane Fraser said, "In markets, investments in our trading platforms have allowed us to handle record volumes with ease." The fortunes of investment banks' equities desks, which buy and sell stocks or stock-related products for the bank's clients, are typically tied to volatility rather than whether stocks are going up or down. Between President Trump's "Liberation Day" tariffs, the subsequent tariff rollbacks and rollouts, the Israel-Iran conflict, and myriad other market-moving events, the S&P 500 recorded some of its biggest one- and two-day swings on record during the quarter. Read more: What Trump's tariffs mean for the economy and your wallet The CBOE Volatility Index (^VIX), a measure of implied market volatility often referred to as the "fear gauge," hit its highest levels since the throes of the COVID-19 pandemic in April. The VIX has since traded back to levels that prevailed before "Liberation Day" uncertainty shook stocks. Asked on JPMorgan's Tuesday earnings call how much of the bank's trading performance could be chalked up to a strong and conducive environment, CEO Jamie Dimon said, "I was not surprised" by the market conditions. Robinhood (HOOD) stock has also surged in recent months, rising more than 160% in 2025, as the retail trading giant has benefited from these volatile market conditions along with the Trump administration's embrace of the crypto industry, a key source of business for the platform. Robinhood is set to report earnings after the market close on July 30. Click here for in-depth analysis of the latest stock market news and events moving stock prices Sign in to access your portfolio
