Despite a very short trading day Friday after the Thanksgiving holiday, markets saw a decent dose of action. Major indexes recovered from flagging momentum Wednesday to push back up against their all-time records on Friday.
While the market was open for just a few hours Friday, NQ users still had opportunities to keep making money.
Blockchain plays are red hot and represent an extremely frequent member of our recent Top Performer Reports. Whether you’re an enthusiast who thinks Bitcoin is the future of currency, or a skeptic looking to opportunistically exploit a transient fad, the NQ platform gives you the real-time market intelligence you need to find diverse blockchain plays.
This week, a blockchain investment firm has been skyrocketing after naming a seasoned financial executive to its advisory board.
Riot Blockchain has been giving its investors reason to give thanks since announcing its addition of Frank Bishop, a seasoned financial executive, to its Advisory Board on Wednesday. Bishop is a senior management figure from INVESCO, one of the largest publically traded investment firms in the world.
Investors are eager for avenues to blockchain profits, but it’s difficult to know which firms are real players in an emerging industry that has a “Wild West” element at this early stage. The addition of a successful executive from a more traditional investing background is a powerful signal to investors of a given firms analytical solidity and longterm viability.
While NQ users who bought RIOT Wednesday have nearly doubled their initial investment, it’s important to understand that our platform is about identifying stocks with news-based momentum, not (necessarily) hair-trigger buying. To that end, users who waited until Friday morning to pick up the stock have still netted handy profits around 24%.
Diverse Plays, Great Profits: All in a single news day.
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A powerful news analytics platform like NewsQuantified not only makes it easy to track the news, but to quickly compare news events with key financial information. We make it simple to find strong, diverse plays in any market environment.
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