By Jon D. Markman On January 28, 202103:00 PM Eastern
New data shows the U.S. economy contracted at its deepest pace since World War II in 2020 as the COVID-19 pandemic depressed consumer spending and business investment, pushing millions of...
By Sean Brodrick On January 28, 202111:35 AM Eastern
Sometimes, you know in your bones that you’re right … but the market insists on proving you wrong.
That’s the case with B2Gold Corp. (NYSE: BTG). The fundamentals for this gold miner are...
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...