By Jon D. Markman On January 28, 202109:35 AM Eastern
The MS unit estimates that, by the end of February, U.S. households will have amassed a $2 trillion war chest of excess savings, which they can then spend as the economy reopens.
This bullish...
By Kelly Green On January 28, 202104:57 AM Eastern
We’re wrapping up an important earnings week.
All FAANG companies will release earnings for the last quarter of 2020 this week. First up was Microsoft Corp. (Nasdaq: MSFT), which released its...
By Mike Larson On January 27, 202105:35 PM Eastern
Tuesday morning, just before 6:30 a.m. Eastern, Tesla Inc. (Nasdaq: TSLA) CEO Elon Musk tweeted, “I kinda love Etsy.”
That’s it; “that’s the tweet,” as the social-media-savvy like to say.
But...
By Alex Benfield On January 27, 202103:58 PM Eastern
• Bitcoin (BTC, Tech/Adoption “A-”) is down yet again today, but the altcoin landscape looks different.
• Ethereum (ETH, Tech/Adoption “A-”) holds strong near $1,300.
• DeFi continues to flex...
By Jon D. Markman On January 27, 202102:15 PM Eastern
Stocks are retreating today as huge funds get squeezed by retail investors, even as top tech stocks report earnings.
Through 1:30 p.m. Eastern, the Dow was down 315 points or 1% while the Nasdaq...
By Mike Larson On January 27, 202110:45 AM Eastern
There is something increasingly dangerous going on in the markets.
Short-term investors and day traders are getting together on online forums like Reddit and Discord and ganging up on certain...
By Jon D. Markman On January 27, 202108:20 AM Eastern
Stocks chopped around the unchanged line Tuesday for the umpteenth session in a row as investors reacted with unease to a new International Monetary Fund outlook that sees waves of new variants of...
By David Dittman On January 26, 202104:15 PM Eastern
Ray Dalio is the founder and co-chief investment officer of the largest hedge fund in the world, Bridgewater Associates. On Sunday, Dalio said, “I believe we are on the brink of a terrible civil...
By Alex Benfield On January 26, 202103:56 PM Eastern
Most assets see 5%-plus losses on the day, but is the market really down?
• Ethereum (ETH, Tech/Adoption Grade “A-”) fails to close at all-time highs.
• DeFi remains hot, with AAVE (AAVE,...
By Jon D. Markman On January 26, 202103:20 PM Eastern
Stock indexes are poised to continue gaining ground as investors look to buy dips in the index and drive up the measure, according to Janney Montgomery Scott.
In a note, technical strategist and...