By Beth Canova On June 20, 202106:00 AM Eastern
If you’ve browsed our issues over the past two weeks, you’ll see two stories popping up a few times: the rise of inflation and the acceptance of Bitcoin (BTC, Tech/Adoption Grade “A-”) as legal...
By Jon D. Markman On June 18, 202103:53 PM Eastern
A week ago, I was skeptical investors would completely abandon cyclical stocks. It’s now clear that the process is well underway, with a helping hand from the Federal Reserve.
The Fed met this...
By Sam Blumenfeld On June 18, 202103:00 PM Eastern
• Bitcoin (BTC, Tech/Adoption Grade “A-”) is slipping with the broader crypto market, down 4% on the day to $36,500.
• Ethereum (ETH, Tech/Adoption Grade “A-”) is 7% lower, currently trading...
By Sean Brodrick On June 18, 202112:00 PM Eastern
In last month’s issue, I laid out a strong case for inflation ramping up. Since then, that case has only gotten stronger. The Consumer Price Index (CPI) for May was up 5% on a year-over-year...
There’s a LOT going on in the market, and I’ll get to it in a minute. I’ll also tell you how those developments make now an ideal time to jump on our next Weekend Windfall recommendation!
But...
By Jon D. Markman On June 18, 202106:28 AM Eastern
The S&P 500 closed on Thursday with minimal losses, falling only 0.04% to 4,221. The marginal weakness does not begin to tell the true story.
Tech stocks found a bid early in the session and...
By Mike Larson On June 18, 202106:00 AM Eastern
I was a retail stockbroker at Merrill Lynch in the 1980s, and I’ll never forget one of the conversations I had with one of my wealthiest clients.
He said, “There’s nothing I like better than to...
By Juan M. Villaverde On June 17, 202104:52 PM Eastern
Our ratings are updated weekly. For the latest list, click here.
Last week, Treasury Secretary Janet Yellen claimed inflation is “strictly temporary” and absolutely not a worry.
I...
By Jon D. Markman On June 17, 202103:00 PM Eastern
Stocks started the session modestly lower following yesterday’s rollercoaster ride.
Traders were reacting this morning to the latest data on jobless claims. The Department of Labor said new...
By Jurica Dujmovic On June 17, 202103:00 PM Eastern
Almost two weeks have passed since the historic Bitcoin Conference 2021 (see Alex Benfield’s coverage here), and it's still sending ripples through the industry.
One of the biggest proclamations...