By Jon D. Markman On March 10, 202003:15 PM Eastern
Stocks zoomed higher at the open today, but have backed off later as investors questioned plans touted by the White House to secure fiscal aid for combating the coronavirus crisis.
The Dow Jones...
By Mike Larson On March 10, 202001:25 PM Eastern
We’ve been on a very solid run despite the market turmoil. We’ve grabbed gains on many positions, while managing downside risk through prudent use of stop losses and portfolio-trimming steps.
...
Even during the worst weeks of past market meltdowns, there were furious relief rallies. That’s what we were seeing earlier, though those gains have faded.
What’s driving this action? President...
By Sean Brodrick On March 10, 202011:30 AM Eastern
Trilogy Metals (NYSE: TMQ) closed below our stop yesterday. That’s a shame, because I like the company. We’ll revisit it later.
You probably already sold it this morning, but if you didn’t,...
By Mike Larson On March 10, 202008:00 AM Eastern
After bending for several weeks, markets finally broke on Monday …
Crude oil crashed more than 20% at the open after Saudi Arabia launched an “oil war” by slashing the price of its oil exports...
By Jon D. Markman On March 10, 202006:28 AM Eastern
Stocks crashed and burned on Monday as investors lit energy producers on fire and renewed coronavirus worries led to heavy selling in virtually everything else.
The Dow Jones Industrial Average...
By Jon D. Markman On March 9, 202003:15 PM Eastern
Stocks are selling off hard Monday, with energy stocks plunging as the combination of coronavirus worries and a price war in the oil markets take their toll.
Oil prices plunged after Saudi...
By Tony Sagami On March 9, 202003:03 PM Eastern
I travel a lot. This means I do a lot of my work in coffee shops. I just can’t stand working out of a hotel room.
A few months ago, I was working in a coffee shop in Oslo, Norway. When I pulled...
We’re seeing pressure on virtually all markets. Stocks are falling sharply, interest rates are plunging and oil prices are crashing.
The catalysts include more coronavirus news and an...
By Sean Brodrick On March 9, 202011:32 AM Eastern
I have two trades for you to make today.
The past week has seen gold go higher, but gold miners go lower. This is ticking me off.
In fact, you’re being stopped out of one of your positions...