By Tony Sagami On May 28, 202112:00 PM Eastern
A trillion dollars is so much money that it’s hard to conceptualize. Now, double that. President Joe Biden is asking Congress to pass a $2.25 trillion infrastructure package. However, his...
Last week went just as I expected. All the May options positions I wrote about expired, allowing you to lock down almost $2,400 in income. Nice job!
You also should have added a June Rio Tinto...
By Jon D. Markman On May 28, 202106:58 AM Eastern
Sentiment is shifting back in favor of growth. Tech is coming back as investors begin buying back shares of the most innovative companies again.
All of this is good news for our larger,...
By Jon D. Markman On May 28, 202106:28 AM Eastern
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Publication: There will be no reports on Monday or Tuesday due to the holiday.
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Trade on Thursday was like watching paint dry. The S&P 500 and the Nasdaq closed virtually...
By Tony Sagami On May 28, 202106:00 AM Eastern
What do you have planned for Memorial Day weekend? Hitting the beach? Planning a family barbecue? Watching a ball game? Whatever your plans, I hope you enjoy yourself. But I hope you also take a...
By Juan M. Villaverde On May 27, 202107:11 PM Eastern
If you think last week’s big decline in crypto was bad news for investors, think again. It’s exactly the opposite. In fact, history tells us that …
Anyone who missed the tenfold gains we’ve seen...
By Jurica Dujmovic On May 27, 202103:30 PM Eastern
Welcome to yet another week of the grueling crypto recovery. What started on May 19 will take some time to unravel, and as my colleague Alex Benfield has stated, it may be weeks — if not months —...
By Jon D. Markman On May 27, 202103:07 PM Eastern
Shares are higher today after weekly initial jobless claims fell for the fourth straight week.
The Dow Jones Industrial Average rose by 0.4% to 34,470.93, with the S&P 500 up by 0.3% to 4,209.69...
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By Sean Brodrick On May 27, 202112:32 PM Eastern
Earlier this week, I told you I expected some metals weakness. And sure enough, after sticking its nose above $1,900 an ounce, gold is pulling back. I believe this is a short-term pullback as the...
By Jon D. Markman On May 27, 202106:28 AM Eastern
The S&P 500 has been moving sideways for the better part of two days. The index closed on Wednesday at 4,195, a gain of only 0.2%.
The bigger story is smaller stocks. Investors are piling into...