By Jon D. Markman On April 2, 202003:20 PM Eastern
Stocks are swirling Thursday as hopes for a truce in the oil market’s price war boosted energy shares but other equities are lower after the record jump in claims for unemployment benefits.
...
By Sean Brodrick On April 2, 202002:22 PM Eastern
We saw gold jump this morning, and Barrick Gold (NYSE: GOLD) went up along with it. The late action faded the move, so to be safe, we’re going to grab a gain on one of your June Barrick Gold call...
Last Thursday, we learned that more than 3.3 million Americans filed for jobless benefits in a single week-long period. That’s more than FOUR TIMES the previous U.S. record.
We learned this...
By Jon D. Markman On April 2, 202006:28 AM Eastern
Stocks plunged again Wednesday – no fooling — as investors struggled at the start of the second quarter with a grim warning that U.S. deaths from covid-19 are on track to climb by an unfathomable...
By Juan M. Villaverde On April 1, 202003:20 PM Eastern
Stock market volatility has been bleeding into the crypto markets …
We’re inching steadily closer to Bitcoin’s halving, an event expected to shake up the crypto sphere …
And the greed/fear...
By Jon D. Markman On April 1, 202003:05 PM Eastern
Stocks slumped Wednesday as investors struggled at the start of the second quarter with a grim warning that U.S. deaths from COVID-19 are set to climb more than tenfold in coming months.
Through...
By Sean Brodrick On April 1, 202001:27 PM Eastern
Monday and Tuesday saw gold smacked down like a rented mule. This sometimes happens on the COMEX, as the market makers don’t want to pay up on call options at the end of the month.
We can rage...
By Sean Brodrick On April 1, 202010:40 AM Eastern
Yesterday, Vector Group Ltd. (NYSE: VGR) hit your protective stop. This is disappointing not only because of your recently banked gains, but because other cigarette companies are reporting booming...
By Sean Brodrick On April 1, 202010:05 AM Eastern
Yesterday, there was a snafu on the Abbott Laboratories (NYSE: ABT) call option recommendation. In my haste to get you a trade, I gave you the correct option symbol, but mixed in an Altria symbol...
By Mike Larson On April 1, 202009:38 AM Eastern
The last couple of days were dominated by end-of-quarter rebalancing activity.
In simple terms, large institutional investors had to sell Treasury bonds and buy stocks. Why? To adjust their...