By Jon D. Markman On August 18, 202011:35 AM Eastern
Apple (Nasdaq: AAPL) and the company behind the popular online video game “Fortnite” are in the middle of an epic public relations battle about platforms and monopoly power.
Monday saw the first...
By Sean Brodrick On August 18, 202011:12 AM Eastern
Gold just doesn’t want to stay below $2,000 an ounce. It’s up again this morning as the U.S. dollar and bond yields hold hands and jump off a bridge. And this comes after gold racked up its best...
By Sean Brodrick On August 18, 202010:48 AM Eastern
Gold jumped back above the psychologically significant level at $2,000 this morning, as the U.S. dollar continues to weaken and government bond yields go lower. Silver is making an even bigger...
By Jon D. Markman On August 18, 202006:28 AM Eastern
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Note: Like last week, I might take one day off; probably Friday. Don’t be alarmed if there is no letter that day.
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Stocks swirled mostly higher Monday as technology shares helped...
By On August 17, 202002:56 PM Eastern
Stocks moved mostly higher Monday, supported by gains in tech shares as investors continued to bet on growth prospects after the world’s largest economy contracted last quarter.
The S&P 500...
Chainlink (LINK, Availability/Liquidity Grade “B”) has gotten big, fast.
Maybe a little too fast. LINK is up more than 36% over the past week and 126% for the past month. It traded as high as...
By Sean Brodrick On August 17, 202012:25 PM Eastern
Since this horrific pandemic started, no industry has been hammered more than oil & gas (though restaurants and retail are up there, too). But this is part of a longer-term big bear for oil & gas,...
By Jon D. Markman On August 17, 202006:28 AM Eastern
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Note: Like last week, I might take two days off, probably Tuesday and Thursday. Don’t be alarmed if there is no letter those days.
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— Friday Recap
— Notes on My Scorecard
—...
By Jon D. Markman On August 14, 202003:55 PM Eastern
Stocks are chopping around the unchanged line today as Wall Street wraps up the week with monthly retail sales that fell short of expectations and without a deal from Washington, DC for a new...
By Juan M. Villaverde On August 14, 202001:33 PM Eastern
Big crypto names took a bit of a break from their runaway moves this week.
That said, when we get below the surface, we see that the same catalysts that have catapulted the asset class to new...