By Jon D. Markman On May 24, 201803:24 PM Eastern
Stocks swooned at the open this morning, taking the major indexes down by as much as 1%, following the cancellation of the North Korea-U.S. summit — an event that caused investors to reassess...
By Jon D. Markman On May 24, 201804:55 AM Eastern
Stocks were on low simmer in the red zone most of the Wednesday session. Then around 2 p.m., a wave of buying suddenly emerged, and pushed most of the major indexes into the black.
The market is...
By Jon D. Markman On May 23, 201803:16 PM Eastern
Stocks are on low simmer this afternoon for the second day in a row following sizeable overnight declines in Asia and Europe, after new data suggested growth in the eurozone is slowing down. Also,...
By Mike Larson On May 23, 201810:43 AM Eastern
Nothing to Get ‘Board’ About with MERC as Stock Soars; Grab 25% Gains and Buy Bonds! Mercer International (MERC, Rated “C+”) is nothing to get “board” about. That’s because shares of the wood...
By Juan M. Villaverde On May 23, 201808:55 AM Eastern
Heads up: We are getting ready to publish, for the first time, our sub-grades that are behind each and every one of our 93 cryptocurrency ratings:
• One grade for technology and adoption —...
By Mike Larson On May 23, 201807:55 AM Eastern
It’s been raining for days here in South Florida. Many, many days. Heck, I half expect to wake up and see an ark floating past our house soon. So, maybe it’s not surprising I’m thinking of rot....
By Jon D. Markman On May 23, 201805:00 AM Eastern
Stocks opened the Tuesday session with a happy skip in their step, but as the day wore on, the field was swarmed by determined, daring bears who would have none of that.
The close was ugly and...
By Jon D. Markman On May 22, 201802:51 PM Eastern
Stocks were trading out of sync again on Tuesday, with the mega-cap companies in the Dow Jones Industrials and the small-caps in the Russell 2000 lower while the Nasdaq 100 was on the move higher...
By Sean Brodrick On May 22, 201802:27 PM Eastern
Your positions in Devon Energy (NYSE: DVN) and Gulfport Energy Corp. (Nasdaq: GPOR) continue to do well. We’re going to aim for a trifecta by adding a third oil-leveraged position today.
First,...
The Federal Reserve and other U.S. banking regulators are getting ready to water down the Volcker Rule.
Reason: They want to make it easier for megabanks to take big risks with other people’s...