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...
By Jon D. Markman On March 25, 202003:13 PM Eastern
Stocks are pushing higher today as Congress prepares to vote on a $2 trillion deal to usher in financial aid to American workers and industries reeling from the COVID-19 pandemic.
Senators were...
By Mike Larson On March 25, 202003:00 PM Eastern
I’m going to keep this short given we’re on Day 2 of a sizable relief rally fueled by aggressive fiscal and monetary policy stimulus.
First, you should have been stopped out of both rounds of...
By Sean Brodrick On March 25, 202002:58 PM Eastern
The rally in the broad indices has been excellent this week. But do you know what’s rallying even more? Gold. And miners are outpacing both.
Here’s a performance chart of the past five days …
...
By Mike Larson On March 25, 202002:11 PM Eastern
We may be living in a “worst-case” scenario.
That’s exactly what it sounds like. The absolute worst outcome to any threat that an analyst, investor, policymaker or economist can dream up could...
By Sean Brodrick On March 25, 202012:52 PM Eastern
Yesterday, I sent out a flash alert. In that, I recommended you raise stops on your two bearish funds. ProShares Short S&P500 (NYSE: SH) saw its stop rise to $29.95. ProShares Short Dow30 (NYSE:...
By Sean Brodrick On March 25, 202012:17 PM Eastern
Yesterday, as the market soared, the raised protective stop at $36.00 on your ProShares UltraShort S&P500 (NYSE: SDS) position was hit.
That’s good for a 27.3% gain. And that comes on top of the...