By Mike Larson On June 30, 202008:00 AM Eastern
Happy Fourth of July week!
This is always one of my favorite holidays, right behind Thanksgiving.
It’s a time to celebrate America, shoot off some fireworks, consume copious amounts of grilled...
By Jon D. Markman On June 30, 202006:28 AM Eastern
Stocks swept higher on Monday as investors were heartened by a record jump in pending home sales in May and news that Boeing’s best-selling 737 Max underwent its first day of test flights aimed at...
By Jon D. Markman On June 29, 202003:25 PM Eastern
Stocks are rebounding today as upbeat news from the real estate market helps investors set aside concerns about mounting cases of COVID-19 in the U.S. and other parts of the world.
Through 2:30...
By Martin D. Weiss, Ph.D. On June 29, 202002:55 PM Eastern
The COVID-19 numbers were already bad. Now they’re getting a lot worse …
The number of confirmed COVID-19 cases globally surged beyond 10 million over the weekend. Now, there are another...
Last week’s sideways price action for crypto assets hid the fact that select mid-caps and small-caps continue to make interesting moves.
Indeed, some moves in the “Decentralized Finance” (DeFi)...
By Juan M. Villaverde On June 29, 202009:40 AM Eastern
The sideways grind has continued on Bitcoin since the last time I sent you an update. Then, early this morning, our Timing Model is warning that the prolonged stall may even lead to a selloff in...
By Jon D. Markman On June 29, 202006:28 AM Eastern
Equities tumbled Friday, driven down by announcements from Texas and Florida that the reopening of their economies will be rolled back due to rising COVID-19 infections and hospitalizations, and...
By Jon D. Markman On June 26, 202003:15 PM Eastern
Investors are driving stocks down Friday, with Wall Street lurching toward losses for the week after receiving a round of grim updates about the spread of COVID-19 in the United States.
Nearly...
By Juan M. Villaverde On June 26, 202002:39 PM Eastern
Last week was one of consolidation for crypto markets, as most sub-indexes moved sideways during the seven-day trading week ended Thursday, June 25.
That continues a pattern established in late...
By Tony Sagami On June 26, 202001:32 PM Eastern
Don’t worry about the silly pandemic (sarcasm alert), the monetary calvary — aka the Federal Reserve — has risen to the rescue. The Fed has spent trillions to prop up the stock market…and it has...