By David Dittman On October 20, 202004:28 PM Eastern
I thought I’d strike a “price of everything, value of nothing” pose about Senate Majority Leader Mitch McConnell vis-a-vis Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin and the...
By Jon D. Markman On October 20, 202003:10 PM Eastern
Stocks are rising Tuesday as investors appear optimistic that officials in Washington will reach a deal on new fiscal stimulus as a deadline approached.
The big three equity benchmarks on Wall...
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By Sean Brodrick On October 20, 202003:00 PM Eastern
Gold is holding its breath today — pretty much flat-lined as I write this — as Treasury Secretary Steven Mnuchin and Speaker Nancy Pelosi hold make-or-break talks on the latest stimulus deal. Gold...
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By Jon D. Markman On October 20, 202012:10 PM Eastern
On Monday, International Business Machines Corp. (NYSE: IBM) reported third-quarter financial results. They were terrible, again. The continued travails of Big Blue should be a lesson for...
By Mike Larson On October 20, 202008:00 AM Eastern
Kinross Gold (NYSE: KGC, Rated “B”), B2Gold (AMEX: BTG, Rated “B”), Wesdome Gold LTD (TSX: WDO.TO, Rated “B”) and Kirkland Lake Gold (TSX: KL.TO, Rated “B”) are all “B”-rated according to the...
By Jon D. Markman On October 20, 202006:28 AM Eastern
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Note: I may take a day off midweek.
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Stocks spiraled lower on Monday after a promising start as investors grew more pessimistic that a new package of pandemic relief measures will...
By Jon D. Markman On October 19, 202002:45 PM Eastern
Stocks are turning lower Monday as doubt creeps in among investors over whether U.S. officials will come up with a fiscal stimulus plan ahead of the country’s upcoming presidential election.
All...
Three weeks ago, we talked about the “central bank digital currency” (CBDC) concept and what it means in the context of a broader movement defined by “decentralization.”
Raoul Pal made some...
By now you should be on board with our newest windfall income trade: A Nov. 20, 2020 XLU put option with a strike price of $60 (XLU201120P00060000). Good for you! The utilities sector is holding...
By Sean Brodrick On October 19, 202012:32 PM Eastern
It’s time to get back into Square, Inc. (NYSE: SQ). You may recall that we opened a Square Inc. position back in 2019, and you banked nearly 24% in less than two months. This time, we’ll aim for...