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By Jon D. Markman On January 28, 202103:00 PM Eastern
New data shows the U.S. economy contracted at its deepest pace since World War II in 2020 as the COVID-19 pandemic depressed consumer spending and business investment, pushing millions of...
By Sean Brodrick On January 28, 202111:35 AM Eastern
Sometimes, you know in your bones that you’re right … but the market insists on proving you wrong.
That’s the case with B2Gold Corp. (NYSE: BTG). The fundamentals for this gold miner are...
By Jon D. Markman On January 28, 202109:35 AM Eastern
The MS unit estimates that, by the end of February, U.S. households will have amassed a $2 trillion war chest of excess savings, which they can then spend as the economy reopens.
This bullish...
By Jon D. Markman On January 27, 202102:15 PM Eastern
Stocks are retreating today as huge funds get squeezed by retail investors, even as top tech stocks report earnings.
Through 1:30 p.m. Eastern, the Dow was down 315 points or 1% while the Nasdaq...
By Mike Larson On January 27, 202110:45 AM Eastern
There is something increasingly dangerous going on in the markets.
Short-term investors and day traders are getting together on online forums like Reddit and Discord and ganging up on certain...
By Jon D. Markman On January 27, 202108:20 AM Eastern
Stocks chopped around the unchanged line Tuesday for the umpteenth session in a row as investors reacted with unease to a new International Monetary Fund outlook that sees waves of new variants of...
By Jon D. Markman On January 26, 202103:20 PM Eastern
Stock indexes are poised to continue gaining ground as investors look to buy dips in the index and drive up the measure, according to Janney Montgomery Scott.
In a note, technical strategist and...
By Sean Brodrick On January 26, 202101:22 PM Eastern
I have a full portfolio update for you in a bit. First, we’re going to add a new green energy/electric vehicle play, while also taking gains on another position, Sunrun Inc. (Nasdaq: RUN).
...
By Sean Brodrick On January 26, 202111:25 AM Eastern
I have a couple things for you today, including a quick profit-grab. Let’s start with that.
Your Nucor Corporation (NYSE: NUE) position is showing a small open gain … but is under pressure....
By Jon D. Markman On January 26, 202110:50 AM Eastern
Stocks pirouetted around the unchanged line Monday as some Democratic lawmakers appeared to balk at the $1.9 trillion price tag of President Joe Biden’s proposed economic stimulus plan.
The Dow...