By Jon D. Markman On April 14, 202106:28 AM Eastern
Stocks largely scrambled higher on Tuesday as technology issues continued to soar. It is worth noting that the Invesco QQQ Trust, an exchange traded fund that mirrors the largest tech companies by...
By Mike Larson On April 14, 202106:00 AM Eastern
The market’s relentless, multi-month rally has been supported by three powerful pillars:
• Enormous amounts of cheap, easy money from the Federal Reserve.
• Wave after trillion-dollar wave...
By Alex Benfield On April 13, 202103:00 PM Eastern
The entire financial world is waiting in wonder for Coinbase Global Inc. (Nasdaq: COIN)’s initial public offering (IPO), with cryptocurrency analysts particularly bullish on tomorrow’s event.
...
By Jon D. Markman On April 13, 202102:50 PM Eastern
U.S. stocks were mixed while oil futures jumped after the inflation rate rose by more than anticipated in March and the U.S. Food and Drug Administration (FDA) recommended a pause in the use of...
By Sean Brodrick On April 13, 202111:56 AM Eastern
U.S. consumer prices in March rose for the fourth month in a row and the pace of inflation hit the highest level in 2½ years. This sent the U.S. dollar lower, breaking support, and sent gold,...
By Mike Larson On April 13, 202108:00 AM Eastern
When I say there’s a little bit of EVERYTHING in President Biden’s newly revealed infrastructure plan, I mean it!
The “American Jobs Plan” briefing document runs 43 pages when you cut and paste...
By Jon D. Markman On April 13, 202106:58 AM Eastern
Professional investors are rotating back into big capitalization technology shares. This was inevitable. Giant tech platforms are both profitable and especially disruptive.
Shares of Nvidia...
By Jon D. Markman On April 13, 202106:28 AM Eastern
The indexes were muted on Monday as traders digested last week’s sharp gains. The S&P 500 closed essentially flat at 4,128.
The past two weeks have been a wild ride for bullish investors.
My...
By David Dittman On April 13, 202106:00 AM Eastern
He’s not as well-known as cryptocurrency skeptic and old-school stalwart Jamie Dimon, the chair and CEO of JPMorgan Chase & Co. (NYSE: JPM) and Wall Street’s de facto spokesman, or even Ray Dalio,...
By Alex Benfield On April 12, 202103:45 PM Eastern
The world’s No. 1 cryptocurrency has woken up a bit, and its chief rival continued to surge over the weekend. Meanwhile, altcoin season is still alive and well, and the digital assets market is...