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By Jon D. Markman On October 26, 202002:55 PM Eastern
Stocks are sinking broadly on Monday as investors fret over a jump in COVID-19 infections in both the U.S. and Europe and as, U.S. officials have yet to deliver a fiscal stimulus package to help...
By Jon D. Markman On October 26, 202006:28 AM Eastern
Stocks chopped around like financial ginsu knives Friday as investors looked in vain for signs of progress in talks between Congress and the White House on a new round of pandemic relief.
The...
By Jon D. Markman On October 23, 202003:38 PM Eastern
Stocks are choppy today, weighed down by a sharp decline in Intel (INTC) in the wake of the chip maker’s financial update and by the lack of a deal for a new round of COVID-19 relief funds from...
The income wins just keep on coming!
First, your October Newmont Corp. (NYSE: NEM, Rated “B”) $60-$55 put spread worked out exactly as I planned. The stock closed above the top end of the spread...
By Jon D. Markman On October 23, 202006:28 AM Eastern
Stocks wobbled higher on Thursday after House Speaker Nancy Pelosi said a deal on a new round of economic stimulus with the White House is close.
The Dow took a slight dip after opening, but...
By Jon D. Markman On October 22, 202003:15 PM Eastern
Stocks are gaining ground today as investors cling to hopes that Congress will roll out more fiscal stimulus to help people and businesses suffering from the pandemic.
Through 2:45 p.m. Eastern,...
By Jon D. Markman On October 22, 202011:28 AM Eastern
Yesterday we got stopped out of our short-term Jabil Inc. (NYSE: JBL) position at $35.10 for a 4.5% gain. Not bad, considering we got stopped out.
If, for any reason, you still own Jabil, sell...
By Sean Brodrick On October 22, 202010:42 AM Eastern
Wednesday saw abrupt reversals and plunging prices in solar and green energy stocks across the board.
Take a look at what happened in one of your positions, JinkoSolar Holding Co., Ltd. (NYSE:...
By Jon D. Markman On October 21, 202012:15 PM Eastern
Stocks started the Wednesday session higher but have turned modestly lower amid reports that the path in Congress for a new fiscal stimulus is rockier than it was earlier in the week.
Through...
By Jon D. Markman On October 21, 202006:28 AM Eastern
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Note: I may take a day off this week.
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Equities strutted higher on Tuesday as the market clawed back some of its losses the day before, bolstered by optimism that the White House...