15 Sep Hot IPO Market and Cash is Finally the King!

Dear Traders, The market made a strong move towards a 52-week high today. Although it started slow, it turned out to be a volatile day with plenty of trading opportunities. All sectors closed in the green, with real estate and utilities leading the way. First, we witnessed a hot IPO after many months. $ARM, a chip design market based in the UK, had its shares open at $56.10, steadily climbing, and closing its first day at $63.59,...