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By Jon D. Markman On December 21, 202003:15 PM Eastern
Stocks swooned on the solstice Monday as investors were spooked by a new strain of the COVID-19 virus and largely yawned at a D.C. deal to deliver a fresh round of fiscal stimulus.
Two of Wall...
By Jon D. Markman On December 21, 202006:28 AM Eastern
Stocks pulled back modestly from record highs Friday, with Wall Street on edge awaiting word that U.S. lawmakers have agreed to release billions of dollars in fiscal stimulus measures to help...
By Jon D. Markman On December 18, 202003:06 PM Eastern
Stocks pulled back from record highs Friday, with Wall Street on tenterhooks waiting for word that U.S. lawmakers have agreed to release billions of dollars in fiscal stimulus measures to drive...
By Sean Brodrick On December 18, 202012:00 PM Eastern
There’s light at the end of the COVID-19 tunnel. Dragged down by the novel coronavirus in 2020, America is poised to bounce in 2021. In preparation, we’ll be bagging gains in two of our positions,...
Weiss Tech Breakout
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By Jon D. Markman On December 18, 202011:17 AM Eastern
On Tuesday afternoon, we were stopped out of our Dada Nexus Ltd. (Nasdaq: DADA) position in the Short-Term Portfolio at our stop of $37.40.
If, for any reason, you still own Dada Nexus Ltd.,...
Ahhhh, the holidays. A time for big family gatherings, joyful banquets and fun holiday work parties … at least in years other than 2020! The COVID-19 pandemic has put the kibosh on those.
At...
By Jon D. Markman On December 18, 202006:28 AM Eastern
Stock indexes blasted to record highs on Thursday as U.S. lawmakers reportedly neared an agreement on a $900 billion pandemic relief package at a time when more Americans filed for unemployment...
By Jon D. Markman On December 17, 202003:25 PM Eastern
Stocks are trading around record highs Thursday as U.S. lawmakers made more progress toward another fiscal stimulus package at the same time more Americans filed for unemployment benefits amid the...
By Jon D. Markman On December 17, 202006:28 AM Eastern
Stocks rattled aimlessly around the Street on Wednesday as congressional leaders appeared to edge closer on a $900 billion pandemic relief bill, and the Federal Reserve said it would continue to...
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By Jon D. Markman On December 16, 202003:20 PM Eastern
Stocks mostly moved modestly higher Wednesday, as investors waited for resolution of a fiscal stimulus bill in D.C. and were shaken by a downbeat monthly retail sales report.
Investors were also...