The Skim for Financial Advisors & Investment Professionals
All Time Highs
On Tuesday, April 23rd the S&P 500 and NASDAQ set new record closing highs. The S&P 500 reached 2,933.68 points, breaking through the historical closing high of 2,930.75 points that it set on September 20th. The Nasdaq nearly hit 8,121 points, beating the 8,110 point all-time best close it hit in August. Neither index managed to tackle their respective record intraday highs of 2,940 and 8,133. So it's a great time to buy the rip right? Haha
Chart compliments of @StockCats "It's probably different this time"
What's happening in the world of wealth management and fintech?
Stocktwits Announces Commission-Free Trading The social media platform boasts 2 million users and approximately 150,000 messages are sent daily. It will kick off an initial rollout phase of the TradeApp sometime this summer on Apple Inc.’s IOS operating system and expand to other platforms later. Trade App, will operate as a registered broker-dealer, StockTwit subsidiary, overseen by the Financial Industry Regulatory Authority. In addition to whole shares, the company will let clients buy and sell fractional stocks.
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