By Sean Brodrick On July 29, 202010:15 AM Eastern
We have two important things going on this week. We have the White House, Senate and Congress wrestling over the latest pandemic stimulus bill. And today, the Fed will release a statement after a...
By Jon D. Markman On July 29, 202006:28 AM Eastern
Stocks clunked and clanked lower Tuesday with all the grace of a broken lawnmower, pressured by some pathetic quarterly results from blue-chip names and concerns about the progress of a new round...
By David Dittman On July 28, 202004:41 PM Eastern
“It should be clear for all to see,” wrote Jon Markman in the July 24, 2020, issue of Jon Markman’s Pivotal Point, “that Microsoft (Nasdaq: MSFT, Rated “B+”) was a huge winner in the pandemic.”
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By Jon D. Markman On July 28, 202003:05 PM Eastern
Stocks are mostly flat to lower today, with the Dow pressured by weak earnings reports from 3M (MMM) and McDonald’s (MCD) and no signs of progress in D.C. talks about pandemic financial aid.
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By Sean Brodrick On July 28, 202011:23 AM Eastern
Wow! What a nice move in gold on Monday.
On the heels of last week’s big move — which saw gold rise 4.8% and test $1,900 an ounce — we got follow through on Monday as August gold rose to settle...
By Juan M. Villaverde On July 28, 202009:45 AM Eastern
When I sent you an alert to buy Litecoin (LTC, Tech/Adoption Grade “B”) yesterday, I said other assets wouldn’t be too far behind in breaking out.
Fast forward 24 hours, and we have none other...
By Mike Larson On July 28, 202008:00 AM Eastern
The U.S. Dollar is collapsing! The broad dollar index that tracks the greenback against six major world currencies hit its lowest level since June 2018.
Gold and silver are flying! Gold hit an...
By Jon D. Markman On July 28, 202006:28 AM Eastern
Equities rolled higher on Monday, just like old times, as Republican lawmakers appeared set to end their holdout and unveil a plan for more financial aid for Americans affected by the pandemic.
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Folks, the internet giveth, and the internet taketh away.
For Twitter, it’s that times a million.
Let’s start with the June 2020 issue of Weiss Ratings Crypto Investor, where we talked about a...
By Jon D. Markman On July 27, 202003:05 PM Eastern
Stocks are regaining lost ground Monday, beginning July’s final trading week with Republican lawmakers set to unveil their plan for further financial aid for Americans coping with the COVID-19...