By Jon D. Markman On August 20, 202103:26 PM Eastern
Stocks are now pushing broadly higher. The S&P 500 is ahead 35 points to 4,440, a gain of 0.8%.
The catalyst for the rally is a statement shortly before the open from Robert Kaplan, the...
By Sam Blumenfeld On August 20, 202103:00 PM Eastern
• Bitcoin (BTC, Tech/Adoption Grade “A-”) is up 3% today and looking to surge past $48,000.
• Ethereum (ETH, Tech/Adoption Grade “A-”) is also up 3% as it targets a breakout past its recent...
By Sean Brodrick On August 20, 202112:00 PM Eastern
I am writing this month’s update from the coast of Maine, where there is not a “vacancy” sign to be seen anywhere. Popular restaurants had lines going out to the parking lot, and traffic was...
You know what I enjoy? Having the opportunity to tell you about a trifecta of banked (and likely) income “wins.”
First, you should have closed out your August 2021 The Home Depot (NYSE: HD,...
By Sean Brodrick On August 20, 202111:43 AM Eastern
The broad market is rallying today, but the Global X Gold Explorers ETF (NYSE: GOEX) gapped below our stop. It’s time to sell; the money you recover can be used on another trade.
Here’s what to...
By Jon D. Markman On August 20, 202106:58 AM Eastern
Investors are freaking out again. They are worried that the Federal Reserve may soon taper the purchase of fixed income investments, currently running at $120 billion per month.
Minutes from a...
By Jon D. Markman On August 20, 202106:28 AM Eastern
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Publication Update: We might skip a day next week.
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Stocks closed flat on Thursday after another ugly open. The S&P 500 skidded all the way to 4,367 before buyers sent the...
By Tony Sagami On August 20, 202106:00 AM Eastern
Four years ago, my college-age son gave me some heart-stopping news. He took half his tuition money and spent it on cryptocurrencies. All four of my kids are smart, and I’ve done my best to...
By Juan M. Villaverde On August 19, 202104:00 PM Eastern
Government officials can grunt and holler.
Stock markets can rise and fall.
But for at least the next month or so, we see nothing in the way of generally higher crypto prices.
In other...
By Jon D. Markman On August 19, 202103:10 PM Eastern
Stocks opened sharply lower this morning. It was the fourth consecutive session sellers swamped buyers to begin the trading day.
Financial media headlines argue that traders are worried the...