By Jon D. Markman On August 5, 202006:28 AM Eastern
Stocks swelled in value again Tuesday as investors looked for progress from the federal government on financial aid to workers and businesses suffering from the pandemic and applauded better news...
By David Dittman On August 4, 202004:49 PM Eastern
Of course, it’s never just one thing.
But when the President of the United States, in the midst of a pandemic that continues to ravage the economy and challenge his leadership, suggests the...
By Jon D. Markman On August 4, 202003:12 PM Eastern
Wow, these markets are moving fast!
Specifically, Virgin Galactic Holdings, Inc. (SPCE) shares are down 12% following news overnight that the space tourism company will raise about $460 million...
By Jon D. Markman On August 4, 202003:11 PM Eastern
Stocks are modestly higher in a choppy session as investors await news of a financial aid package for workers undercut by the pandemic. House Speaker Nancy Pelosi told colleagues she doesn’t...
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By Sean Brodrick On August 4, 202003:00 PM Eastern
Boom! Gold prices jumped right through overhead resistance at $2,000 today, hitting a new record. Silver prices are also sharply up and are poised to close at a seven-year high.
Driving the move...
By Jon D. Markman On August 4, 202011:30 AM Eastern
Welcome to the first edition of the Weiss Technology Portfolio, an upgrade and improvement of our already successful Tech Trend Trader. I thought now would be a good time to write about what I’m...
By Jon D. Markman On August 4, 202006:28 AM Eastern
Stocks ripped higher on Monday with tech shares at the tip of the spear amid buoyant merger news, positive developments on the hunt for a COVID-19 vaccine, and better data on manufacturing.
The...
By Jon D. Markman On August 3, 202003:00 PM Eastern
Stocks advanced Monday, as Microsoft (MSFT) shares helped draw the tech sector higher and data showed improvement in the manufacturing industry even as the pandemic rages.
Through 2:30 p.m....
Bitcoin (BTC, Tech/Adoption Grade “A”) is trading higher today, as it continues to streak past the $10,000 barrier on rising awareness of its existence, continuing central-bank assaults on...
By Martin D. Weiss, Ph.D. On August 3, 202002:03 PM Eastern
U.S. consumer spending, which accounts of two-thirds of the economy, plunged at an annual rate of 34.6% in the second quarter.
It was, by far, the worst in history.
U.S. auto sales are also...