Some Investors Remained Focused On Smaller Players For Profits

Related Topics

Wall Street opened with moderate gains in key indices on Wednesday, despite the fact that the US Senate postponed a vote on an increase in stimulus payments to Americans. The situation remained favorable for smaller stocks as some investors avoided the larger players. Also a recent strain of coronavirus detected in the south of England earlier, and afterwards in several other countries around the world, appears to disrupt global as well as U.S. markets.

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .


The strain has now reached to the U.S. as Colorado Governor Jared Polis said that his state had detected the very first case of recent strain of coronavirus B117. This occurred in Washington after Joe Biden’s address, where he said that “Efforts to distribute and apply the vaccine are not progressing as they should” and “at the current pace, it will take years, not months, to vaccinate the American people.”

This factor also weighed on the investors decisions to go for stocks of relatively small stocks to make some profits.

On Wall Street on Wednesday, shares of energy companies were the leaders of growth in the first half of trading with Devon Energy Corporation ended the session at a rise of +5.42% to $16.14. Shares of Occidental Petroleum Corporation (OXY) surged by +3.89% to $17.91 while Diamondback Energy, Inc. (FANG) was up +4.83% to $49.27 at ring of the bell on the day. Shares of representatives of the sector jumped up on the background of statistics from the EIA, as well as the weakening dollar.

In addition, part of the strategy “US. Balanced” available only to qualified investors, shares of Jacobs Engineering Group Inc. (J), advanced by +0.24% to $107.49.

Among the stocks which suffered on the day were shares of Akamai Technologies, Inc. (AKAM) which fell by -1.93% to $104.65. Charter Communications, Inc. (CHTR) was down -1.73% to $653.49, Intel Corporation (INTC) lost -1.3% to end the session at $48.75 and Kellogg Company (K) saw a drop of -1.22% to settle at $61.53.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:
Sign up for our FREE Newsletter and get:

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

We do not sell or share your information with anyone.