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...
By Marija Matic On April 26, 202104:16 PM Eastern
The King of Crypto’s dip below $50,000 had many new market participants nervous the last couple of days, but it was largely a function of traditional markets’ reaction to the Biden...
By Jon D. Markman On April 26, 202103:05 PM Eastern
Stocks are on the move higher today ahead of a busy earnings reporting week for mega-cap technology.
The Dow Jones Industrial Average rose by 0.1% to 34,071.76. The S&P 500 was higher by 0.2% to...