By Jon D. Markman On February 25, 202106:28 AM Eastern
Stocks were higher across the board on Wednesday, with the biggest gains in cyclical sectors such as hospitality, banking, energy, and semiconductors.
Sentiment is shifting among professionals....
By Jon D. Markman On February 25, 202103:15 AM Eastern
Stocks fell Thursday as government bond yields continued to rise and economists cast doubt over the surprise drop in initial weekly jobless claims.
The Dow Jones Industrial Average fell by 1%,...
By Mike Larson On February 24, 202104:16 PM Eastern
I’m not as young as I used to be — and, sometimes, my back reminds me of that fact.
I first hurt it several years ago, when we were moving into a new house. Now, every year or two, I seem to...
By Alex Benfield On February 24, 202104:00 PM Eastern
• After touching $45,000 yesterday, Bitcoin (BTC, Tech/Adoption Grade “A-”) rebounded to as high as $51,000 today and is now trading a hair under $50,000.
• Ethereum (ETH, Tech/Adoption Grade...
By Jon D. Markman On February 24, 202112:45 PM Eastern
Stocks reversed losses and turned positive this morning as Federal Reserve Chairman Jerome Powell reaffirmed his view that the economy needs support. Government bond yields jumped along with oil...
By Sean Brodrick On February 24, 202111:33 AM Eastern
Yesterday, we tracked a squeaker of a gain on Dynatrace, Inc. (NYSE: DT), a nice 16.04% gain on Global X Autonomous & Electric Vehicles ETF (NYSE: DRIV) and recorded the previous day’s loss on...
By Sean Brodrick On February 24, 202111:05 AM Eastern
After swooning yesterday morning ahead of Fed Chairman Powell’s remarks, the broad market clawed back to a gain.
Why the bullish reversal? Powell vowed to keep monetary policy accommodative...
By Juan M. Villaverde On February 24, 202110:22 AM Eastern
Yesterday, we sold the Chainlink (LINK) in our Medium-Term Trading Portfolio, while continuing to hold the LINK in our Long-Term Portfolio.
Within the Medium-Term Trading Portfolio, we had two...
By Jon D. Markman On February 24, 202106:28 AM Eastern
Stocks scrambled all over the Street on Tuesday, but finished well off their steep lows after Federal Reserve Chair Jerome Powell told Congress that the economy was a “long way from our employment...
By Alex Benfield On February 23, 202104:00 PM Eastern
• Following yesterday’s retracement, the market dropped even further today; if yesterday made for a good buying opportunity, today it’s an even better discount.
• Bitcoin (BTC, Tech/Adoption...