A pair of heavily traded technology stocks dominated activity at TradeStation this month amid a flurry of news.
Streaming-video stock Roku (ROKU) was the busiest symbol across our accounts, eclipsing even the market-tracking SPDR S&P 500 fund (SPY) and Apple (AAPL). It initially fell after earnings beat estimates, only to stage a sharp rebound.
Tesla (TSLA) was the other big mover, ranking third on TradeStation’s activity tables. The electric-car maker kept moving higher after a strong quarterly report in October, partially fueled by a short squeeze.
November was also noteworthy because SPY was the only exchange-traded fund (ETF) to make the top 10. Activity often shifts away from ETFs at periods of low volatility, like now.
Here’s the complete list:
- Roku (ROKU): The streaming-video stock rose one level to the No. 1 spot in November.
- SPDR S&P 500 ETF (SPY): The market-tracking fund inched down from the top of the list.
- Tesla (TSLA): The electric-car maker climbed one notch from the previous month.
- Nvidia (NVDA): The semiconductor stock rose from No. 8 in October.
- Apple (AAPL): The smartphone giant inched down two spots.
- Advanced Micro Devices (AMD): The semiconductor company rose from No. 12 the previous month.
- Amazon.com (AMZN): The e-commerce giant slid down one spot.
- Netflix (NFLX): The streaming-video stock moved down three notches.
- Walt Disney (DIS): The media giant surged from 32nd place as it launched the Disney+ streaming service and announced earnings.
- Alibaba (BABA): The Chinese e-commerce giant rose five places versus the previous month.
The following symbols exited the top 10:
- ProShares UltraPro QQQ (TQQQ): The leveraged Nasdaq-tracking fund slipped from seventh in October to 11th in November.
- Facebook (FB): The social-media giant dropped from ninth in October to 12th in November.
- VelocityShares Daily 2x VIX Short-Term Exchange-Traded Note (TVIX): The long-volatility product declined from tenth in October to 20th in November.