By Mike Larson On September 9, 202004:39 PM Eastern
I’m guessing Icarus enjoyed his flight over the Mediterranean Sea … for a while anyway. The view off the coast of Crete must’ve been nice the higher he flew.
But of course, it didn’t last....
By Jon D. Markman On September 9, 202003:00 PM Eastern
Stocks leapt Wednesday, buoyed by a clawback by technology shares after their slide into correction territory and by a better reading on monthly job openings in the U.S. than Wall Street had...
Previously, we showed you how to open accounts on Kraken and Coinbase, which are both major, widely-used American cryptocurrency exchanges.
But neither of them accommodate the small,...
By Mike Larson On September 9, 202008:00 AM Eastern
Momentum is great. Until it isn’t.
That’s a lesson many investors painfully learned in the dot-com bubble and bust of 1999-2003. And it’s a lesson the market is teaching a new generation of...
By Jon D. Markman On September 9, 202006:28 AM Eastern
* * *
Note: I may take one or two days off again midweek.
* * *
Stocks blitzed lower on Tuesday in sync with news that the White House is considering a “decoupling” of the U.S. and Chinese...
By Jon D. Markman On September 8, 202003:10 PM Eastern
Stocks are sinking again Tuesday, with investors continuing to knock down high-flying technology shares as they assess economic recovery prospects amid the pandemic.
Investors returned from the...
By David Dittman On September 8, 202002:27 PM Eastern
It struck me early this morning as I was reading a book about the grand, grotesque Reconstruction Era in the United States ...
This scene in question was merely a subplot in A. J. Langguth’s...
By Sean Brodrick On September 8, 202012:47 PM Eastern
Devon Energy Corp. (NYSE: DVN) traded down through our stop. You should be out already.
It’s a shame because I like the stock. But I was too early on calling a bottom in oil, which is getting...
By Jon D. Markman On September 8, 202012:18 PM Eastern
Technology stocks are finally falling back to earth. From a long-term perspective, that is a good thing because it means buying opportunities are shaping up.
The technology heavy Nasdaq closed...
By Juan M. Villaverde On September 8, 202010:55 AM Eastern
After the crypto market correction deepened over the weekend, our Timing Model finally issued an exit signal late Friday.
Accordingly here’s the action I recommend today:
Sell all your...