Robinhood Stock News

"Volatility Is Back": Futures Resume Sliding After Historic Rollercoaster Reversal Following one of the greatest intraday market reversals in history, US index futures resumed their decline led by the Nasdaq, signaling more pain for richly valued technology shares as investors braced for the highly anticipated Fed meeting and a flurry of earnings as geopolitical tensions between Russia and Ukraine persisted. Companies including GE, J&J, Verizon and Microsoft report earnings on Tuesday, as the Fed starts a two-day meeting. As of 7:30am ET, emini S&P futures were down 60 points or 1.36% to 4,343, Nasdaq futures were down 1.88% or 272 points and Dow futures were down 236 points or 0.68%. The VIX was at 33, after swinging between 29 and 39 on Monday; 10Y Treasury yields were unchanged at 1.77% and the dollar gained. US equities swung in a rollercoaster of volatility on Monday as both underlying gauges had erased intraday losses to end the session slightly higher as dip-buyers came in. According to JPM''s trading desk, yesterday''s 5% reversal in the Nasdaq is an uncommon occurrence: "If you exclude March 2020, yesterday was the 7th 5%+ NDX reversal since GFC.

Plaid, the service that links your bank account to financial apps like Coinbase, Robinhood, Venmo, and more, has rolled out a privacy portal that lets you manage which connected apps have access to your financial information.

The bloodbath in the cryptocurrency market is taking a gigantic toll on online brokerage stocks Robinhood and Coinbase. Shares of both companies, which each went public last year, slid Monday to new all-time lows.

Plaid, a service used by financial apps to connect users bank accounts, has settled a class-action lawsuit accusing it of obtaining more user data than necessary. The company is paying $58 million to affected users.

The popular stock and crypto trading platform will allow crypto withdrawals to a limited number of users who signed up for the crypto wallet waitlist program.

Robinhood expands its crypto offering, enabling users to deposit and withdraw crypto.

BTC/USD under $41K now

The firm says by March the program will expand to 10,000 customers and then more

Robinhood Markets Inc - Class A (HOOD) shares closed 2.6% lower than its previous 52 week low, giving the company a market cap of $10B. The stock is currently down 18.9% year-to-date, down 58.6% over the past 12 months, and down 58.6% over the past five years. This week, the Dow Jones Industrial Average fell 2.4%, and the S&P 500 fell 2.8%. Trading Activity Trading volume this week was 16.6% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 256.2% The company's stock price performance over the past 12 months lags the peer average by 389.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Robinhood Markets (HOOD) stock slips 1.9% after U.K.-based banking app Revolut launches commission-free stock trading in the U.S., putting it in direct competition with online

InvestorPlace - Stock Market News, Stock Advice & Trading Tips HOOD stock lost its groove. Now only management can save Robinhood with an upbeat story from the next earnings report. The post Robinhoods Management Faces Pressure As HOOD Stock Losses Its Mojo appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2 Says Buy THIS Now Man Who Called Black Monday: Prepare Now. #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Selling at a discount with some impressive momentum, Robinhood stock might finally be worth picking up. There''s much to like about it now. The post 22 Million Reasons to Love Robinhood Stock Again appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2 Says Buy THIS Now Man Who Called Black Monday: Prepare Now. #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First

125 Billion Reasons For A Volatility Spike After Friday''s "Deep" Options Expiration Submitted by SpotGamma , access to a full list of stocks with estimated impact is available at the end of this note** The Event: This Friday, January 21st, deep in the money calls worth billions of dollars are set to expire . Deep in the money calls are unique, because they are valued as being essentially equivalent to shares of stock (referred to as a Delta 1 position). Most of these calls were purchased in 2021 and have participated in the massive stock rally over the last year (S&P500 +24% since 1/1/21). The Participants: We think these calls are held by a wide variety of players, from large hedge funds all way to wealthy individuals. For example, its well known that Nancy Pelosi favors purchasing long-dated call options. By purchasing large, long-dated call positions, investors gain levered exposure to higher stock prices, while limiting downside risk. Meaning, they can pay a premium to buy more upside through long-dated calls then they can get by buying shares of a company’s stock using the same amount of investment capital.