By Jon D. Markman On February 24, 202112:45 PM Eastern
Stocks reversed losses and turned positive this morning as Federal Reserve Chairman Jerome Powell reaffirmed his view that the economy needs support. Government bond yields jumped along with oil...
By Sean Brodrick On February 24, 202111:33 AM Eastern
Yesterday, we tracked a squeaker of a gain on Dynatrace, Inc. (NYSE: DT), a nice 16.04% gain on Global X Autonomous & Electric Vehicles ETF (NYSE: DRIV) and recorded the previous day’s loss on...
By Sean Brodrick On February 24, 202111:05 AM Eastern
After swooning yesterday morning ahead of Fed Chairman Powell’s remarks, the broad market clawed back to a gain.
Why the bullish reversal? Powell vowed to keep monetary policy accommodative...
By Juan M. Villaverde On February 24, 202110:22 AM Eastern
Yesterday, we sold the Chainlink (LINK) in our Medium-Term Trading Portfolio, while continuing to hold the LINK in our Long-Term Portfolio.
Within the Medium-Term Trading Portfolio, we had two...
By Jon D. Markman On February 24, 202106:28 AM Eastern
Stocks scrambled all over the Street on Tuesday, but finished well off their steep lows after Federal Reserve Chair Jerome Powell told Congress that the economy was a “long way from our employment...
By Alex Benfield On February 23, 202104:00 PM Eastern
• Following yesterday’s retracement, the market dropped even further today; if yesterday made for a good buying opportunity, today it’s an even better discount.
• Bitcoin (BTC, Tech/Adoption...
By Jon D. Markman On February 23, 202103:15 PM Eastern
U.S. stocks pared losses Tuesday, but technology remained among the worst performers after Federal Reserve Chairman Jerome Powell told Congress that the economy was a “long way from our employment...
By Juan M. Villaverde On February 23, 202103:12 PM Eastern
A red tide is sweeping across crypto markets today, with major altcoins plummeting by double digits since Monday.
Accordingly, our model is advising us to take profits on our Chainlink (LINK,...
By Sean Brodrick On February 23, 202111:00 AM Eastern
Last week, you grabbed two rounds of gains — 19.54% on HALF your Fisker Inc. (NYSE: FSR) and 23% on ALL your shares of The Mosaic Company (NYSE: MOS). Today, we’re going to grab more gains, cut a...
By Jon D. Markman On February 23, 202106:58 AM Eastern
Tesla (Nasdaq: TLSA) share lost better than 8% Monday as traders finally bailed out of the high-flyer. What you may have missed was Ford (NYSE: F) and General Motors (NYSE: GM) shares bucking the...