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By Jon D. Markman On June 24, 202103:00 PM Eastern
The latest Jobless Claims report was released this morning, and the data is not great for those who believe the economy is running too hot. Claims held above 400,000 for the second consecutive...
By Jon D. Markman On June 24, 202106:28 AM Eastern
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Schedule: Next week, I am heading down to our house in Mammoth Lakes, Calif., for a midsummer working vacation. We will probably reduce publication to just two or three days per week if...
By Jon D. Markman On June 23, 202103:18 PM Eastern
All is quiet on the news front and that is bad news for bearish investors.
Bulls have spent the first half of this week taking back all of last week’s losses. Now, the tech-heavy Nasdaq is at a...
By Sean Brodrick On June 23, 202110:49 AM Eastern
It’s been a rather calamitous past week for materials, with the Fed hinting at raising interest rates sooner than previously forecasted, then walking it back. Now, the market is thoroughly...
By Jon D. Markman On June 23, 202106:28 AM Eastern
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Schedule: Next week, I am heading down to our house in Mammoth Lakes, Calif., for a midsummer working vacation. We will probably reduce publication to just two or three days per week if...
By Jon D. Markman On June 22, 202103:41 PM Eastern
It looks as though traders are not willing to give much back from Monday’s huge advance. The Dow, S&P 500 and Nasdaq have gained a head of steam toward session highs after earlier weakness.
I...
Weiss Tech Breakout
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By Jon D. Markman On June 22, 202102:10 PM Eastern
After several days of frantic selling and worry about the health of the domestic economy, traders seem to have had an epiphany … they overreacted. Oopsie.
The Dow Jones Industrial Average (DJIA)...
By Sean Brodrick On June 22, 202110:45 AM Eastern
We’re going to grab fat gains on the second half of your Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) position and add a new energy pick.
Here’s what to do to ring the cash register on...
By Mike Larson On June 22, 202108:00 AM Eastern
Over the last few years, Wall Street grew accustomed to Federal Reserve Chair Jerome Powell acting like friendly “Uncle Jay.” He could always be counted on to keep rates low and money printing...
By Jon D. Markman On June 22, 202106:28 AM Eastern
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Schedule: Next week, I am heading down to our house in Mammoth Lakes, Calif., for a midsummer working vacation. We will probably reduce publication to just two or three days per week if...