By Martin D. Weiss, Ph.D. On August 3, 202002:03 PM Eastern
U.S. consumer spending, which accounts of two-thirds of the economy, plunged at an annual rate of 34.6% in the second quarter.
It was, by far, the worst in history.
U.S. auto sales are also...
By Jon D. Markman On August 3, 202006:28 AM Eastern
Equities flung themselves higher at the last minute on Friday as surging technology shares more than offset falling energy issues, while federal lawmakers failed to agree on a new package of...
By Tony Sagami On July 31, 202006:03 PM Eastern
A “V”-shaped recovery? That’s what Wall Street keeps telling us is coming.
So how come governments around the world keep coming up with multi-trillion-currency stimulus plans?
Last week, the...
By Juan M. Villaverde On July 31, 202003:39 PM Eastern
This week was one of the most bullish in all of 2020 for crypto assets.
It was great follow-through from last week, when I noted that Ethereum (ETH, Tech/Adoption Grade “A”) seemed isolated in...
By Jon D. Markman On July 31, 202002:15 PM Eastern
Technology shares are outpacing the broader equity market on Friday, as investors close July with strong financial results from top Nasdaq 100 companies and no pandemic relief package from the...
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By Sean Brodrick On July 31, 202012:00 PM Eastern
The past couple weeks have seen gold and silver rally, with gold reaching record highs near $2,000 an ounce and silver reaching multi-year highs near $26 an ounce.
No sooner do they touch those...
In your last issue, I recommended you lock down income on your August McDonald’s Corp. (NYSE: MCD, Rated “C+”) put spread. Guess what? You should have been able to exit that trade at a net cost of...
By Sean Brodrick On July 31, 202009:50 AM Eastern
Gold miners took it on the chin yesterday, and your October AngloGold calls with a strike of $40, which we just added this week, traded down to your protective stop.
You should be out of the...
By Jon D. Markman On July 31, 202006:28 AM Eastern
Stocks scrambled all over the yard Thursday as investors felt pressured by data showing the U.S. posted a record contraction in the second quarter amid the pandemic, while more Americans signed up...
By Juan M. Villaverde On July 30, 202006:15 PM Eastern
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