By Jon D. Markman On April 28, 202103:05 PM Eastern
Stocks are slipping a gear in midday trading on Wednesday as bond yields climbed ahead of the Federal Reserve’s latest policy statement amid a deluge of earnings reports.
The Dow Jones...
By Sean Brodrick On April 28, 202101:06 PM Eastern
Last week, I recommended you ring the cash register on Bank OZK (Nasdaq: OZK). We track a 40.55% gain on that position — way to go! That’s on top of two rounds of gains the previous week.
The...
By Mike Larson On April 28, 202107:00 AM Eastern
In a few short hours, the Federal Reserve will announce the results of its latest policy meeting. But there’s no need to hold your breath in anticipation.
The Fed will not say it’s ready to hike...
By Jon D. Markman On April 28, 202106:28 AM Eastern
Investors spent all of Tuesday treading water ahead of a barrage of big tech earnings. The S&P 500 closed flat at 4,187.
After the final bell, Facebook, Alphabet, and Microsoft reported record,...
By Alex Benfield On April 27, 202104:17 PM Eastern
Is the cryptocurrency market undergoing a meaningful change in leadership? For the second straight week, the No. 2 crypto is leading the way, setting a shining example for altcoins.
• Bitcoin...
By Jon D. Markman On April 27, 202103:17 PM Eastern
The Nasdaq closed Monday at a record high, led by the smallest, least liquid stocks. These capitalization-specific rallies are common and almost always lead to further market gains.
It’s...
By Jon D. Markman On April 27, 202102:45 PM Eastern
Stocks are chopping around the unchanged line ahead of mega-cap earnings after the bell and a seven-year high in a closely watched home price index.
The Dow Jones Industrial Average fell by 0.2%...
By Sean Brodrick On April 27, 202112:15 PM Eastern
If you followed my recommendations last week, you banked gains on Kinder Morgan, Inc. (NYSE: KMI) and First Majestic Silver Corp. (NYSE: AG). We track banked gains of 5.57% on KMI and 27.07% on...
By Mike Larson On April 27, 202108:00 AM Eastern
One look at the chart of the Health Care Select Sector SPDR Fund (NYSE: XLV, Rated “B-”) suggests the answer is, “Yes.” It just broke out of multi-week resistance to an all-time high.
Your Heat...
By Jon D. Markman On April 27, 202106:00 AM Eastern
As a self-styled, big-picture, geo-macro guy, I’m drawn to “great power” history and politics. So, lately, I’ve been reading a lot about our evolving relationship with China.
It’s fascinating...