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
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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...
By Jon D. Markman On June 17, 202106:28 AM Eastern
Traders spent most of Wednesday waiting to hear what Federal Reserve members had to say about short-term interest rates, inflation, and the state of the economy. When the Fed released a statement...
By Kelly Green On June 17, 202106:00 AM Eastern
The news has been doing a really good job of grabbing my attention these days. This is the second week in a row that I found a rogue headline leading my research. Today’s must-click was “Coca-Cola...
By Kenny Polcari On June 17, 202112:00 AM Eastern
If you've ever watched CNBC or picked up a copy of the Wall Street Journal, then you've very likely already met Art Hogan, Managing Director and Chief Market Strategist for National Securities....
By Marija Matic On June 16, 202103:00 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”) is still holding to around 15% gains in the aftermath of the bullish news from El Salvador.
While we’re not out of the woods yet, Bitcoin’s futures open...
By Jon D. Markman On June 16, 202102:40 PM Eastern
Stocks have been flat to lower since the opening bell. Traders were waiting on the Federal Reserve. Governors of the central bank cabal meet today at the Open Market Committee to talk about...