The coronavirus’s massive effect on the economy has shaken up the stock market. And tremors were felt all the way into the crypto sphere! Juan Villaverde explains why the steep drop in crypto was...
3.28 million…yes, three point two eight million.
That’s how many Americans filed for unemployment benefits in the most recent week. We knew the numbers were going to be bad, but these eclipsed...
By Mike Larson On March 27, 202009:40 AM Eastern
You should have had no trouble yesterday buying a 2.5% position in the ProShares UltraShort Financials (SKF, Rated “D+”) for your Dynamic Income Portfolio. You also entered a second limit order to...
By Jon D. Markman On March 27, 202006:28 AM Eastern
Stocks screamed higher again Thursday after an incredibly sharp jump in claims for unemployment benefits drove speculation that lawmakers will need to enact more stimulus measures as the covid-19...
By Tony Sagami On March 27, 202003:00 AM Eastern
“Slow down,” I said to my panicked friend on the phone. “What’s the problem?” I asked.
“I was all set to retire in May, but my 401k has lost more than $1 million dollars,” he cried, “and now I...
By Juan M. Villaverde On March 26, 202004:55 PM Eastern
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These Forces Drove Bitcoin from 1 Cent to $20,000. Now They’re Back for a Second Round
Of course, you can’t expect to make...
By Jon D. Markman On March 26, 202003:10 PM Eastern
Stocks extended their advance Thursday after an incredibly sharp jump in claims for unemployment benefits drove speculation that lawmakers will need to enact more stimulus measures as the COVID-19...
By Mike Larson On March 26, 202012:00 PM Eastern
Yesterday, I recommended you take advantage of the post-stimulus rally in markets to sell your remaining shares of Enbridge (ENB, Rated “C”). You should now be out of that stock, further reducing...
By Jon D. Markman On March 26, 202006:28 AM Eastern
Stocks barreled higher Wednesday as Congress prepared to vote on a $2 trillion deal to usher in financial aid to American workers and industries reeling from the covid-19 pandemic.
It was the...
By Juan M. Villaverde On March 25, 202003:30 PM Eastern
Last week, while Bitcoin (BTC, Rated “B+”) jumped 30%, the Dow plunged nearly 19%.
Yesterday, while Bitcoin was up only modestly, the Dow staged its biggest rally since 1933.
Today, the two...