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Trading Ideas

NIO Stock Analysis: Should You Buy in 2021?

August 10, 2021 admin Comments Off on NIO Stock Analysis: Should You Buy in 2021?

Chinese electric vehicle (EV) company NIO (NYSE: NIO) is a new player in the auto market. The company was founded in 2014 and has made quite a bit of noise in the EV market. NIO does not manufacture its own vehicles; instead, it partners with a state-owned auto manufacturer.
There are plenty of reasons to be excited about NIO stock. The company behind it makes electric vehicles, and countries around the world are rallying in support of EVs. The European Union wants to have at least 30 million electric vehicles on its roads by 2030. And more recently, the Biden administration …read more […]

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What is the Dow Jones Industrial Average?

August 10, 2021 admin Comments Off on What is the Dow Jones Industrial Average?

When referring to “the stock market,” most news media are talking about a composite index. Often, that index is the Dow Jones Industrial Average (DJIA). Also called “the Dow 30” or simply “the Dow,” it’s the most common indicator of stock market performance. The Dow is an average of 30 actively traded blue chip stocks and is used to analyze the health of the overall market.
While it’s not the only index used to quantify broad market performance, the Dow is among the most trusted. It represents companies at the very heart of the American economy and tells the tale of …read more […]