By Juan M. Villaverde On March 25, 202112:32 PM Eastern
Crypto markets have continued their slide this morning, and now, our model is advising that we exit yet another of our positions in the Medium-Term Trading Portfolio.
This time, it’s Litecoin...
By Jon D. Markman On March 25, 202106:28 AM Eastern
Stocks started Wednesday with solid gains. The afternoon was a far different story.
Weakness for tech issues eventually pulled everything lower, with the Nasdaq plunging 2% to 12,961. The...
By Kelly Green On March 25, 202106:00 AM Eastern
Last week, the Internal Revenue Service (IRS) deposited around 90 million stimulus payments. So many people saw their stimulus deposit hit last Wednesday that the Wells Fargo & Co. (NYSE: WFC)...
By Alex Benfield On March 24, 202103:20 PM Eastern
The top two cryptocurrencies are up today, and altcoins are rising, too — all on the heels of good fundamental news …
• Bitcoin (BTC, Tech/Adoption Grade “A-”) found support and has reclaimed...
By Jon D. Markman On March 24, 202103:05 PM Eastern
U.S. stocks were largely firmer in midday trade on Wednesday amid a calmer bond market while oil prices spiked after a huge container ship ran aground in the Suez Canal, blocking traffic in the...
By Sean Brodrick On March 24, 202101:40 PM Eastern
We were stopped out of MAG Silver Corp. (NYSE: MAG) this morning. Your active stop should already have been activated. If not, here’s what to do:
Sell ALL your shares of MAG Silver Corp....
By Juan M. Villaverde On March 24, 202112:30 PM Eastern
Crypto markets have been quite soft as of late.
Last week, I warned that some major assets were on the verge of confirming a shift in the medium-term trend from “bullish” to “neutral.” Such a...
By Jon D. Markman On March 24, 202106:28 AM Eastern
It has been difficult to be bearish for stocks. Despite all of the negativity about valuations and interest rates, equities have basically trended above rising support levels for a year. As long...
By Mike Larson On March 24, 202106:00 AM Eastern
What would Sen. Everett McKinley Dirksen say if he were alive today? Considering the size, scope and costs of the Biden administration’s spending plans, we can surely imagine.
Dirksen, of...
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By Sean Brodrick On March 23, 202104:58 PM Eastern
You’ve probably heard that the White House is putting together a massive $3 trillion package to boost the economy. This will begin with a giant infrastructure plan. The plan may be financed...