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In Review | Stocks | Technology
Tesla and Amazon.com Were the Top Symbols at TradeStation Last Month
David Russell
September 30, 2020

Tesla remained the busiest symbol at TradeStation Securities in September as investors kept their focus on technology stocks.

The electric car maker held the No. 1 rankings for the third straight month after splitting its shares. Other major Nasdaq companies like Amazon.com (AMZN) and Apple (AAPL) led the activity. Newer tech stocks like Zoom Video Communications (ZM) and electric-vehicle maker Nikola (NKLA) also entered the top 10 for the first time ever.

Here’s the complete list for September:

  1. Tesla (TSLA): The electric-car maker maintained its top position for the third straight month.
  2. Amazon.com (AMZN): The e-commerce giant rose one spot from August.
  3. Apple (AAPL): The iPhone maker inched down from third the previous month.
  4. ProShares UltraPro QQQ (TQQQ): The leveraged ETF rose one notch as volatility swept the Nasdaq-100.
  5. Zoom Video Communications (ZM): The teleconferencing stock jumped from 29th in August to fifth in September.
  6. SPDR S&P 500 ETF (SPY): The market-tracking fund rose one position.
  7. Invesco QQQ Trust (QQQ): The Nasdaq-tracking ETF moved up from tenth in August.
  8. Nvidia (NVDA): The semiconductor stock climbed from 12th the previous month.
  9. Advanced Micro Devices (AMD): The chip stock slid from fifth to ninth place.
  10. Nikola (NKLA): The electric-vehicle company surged from 23rd place in August.

The following symbols exited the top 10:

  • Boeing (BA): The aircraft maker dropped from eighth place in August to 21st in September.
  • Facebook (FB): The social-media giant dropped from ninth place in August to 23rd in September.
Tags: AAPL | AMD | AMZN | BA | FB | NKLA | NVDA | QQQ | SPY | TQQQ | TSLA | ZM

About the author

David Russell
David Russell is Global Head of Market Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.

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