By Jon D. Markman On April 1, 202003:05 PM Eastern
Stocks slumped Wednesday as investors struggled at the start of the second quarter with a grim warning that U.S. deaths from COVID-19 are set to climb more than tenfold in coming months.
Through...
By Sean Brodrick On April 1, 202001:27 PM Eastern
Monday and Tuesday saw gold smacked down like a rented mule. This sometimes happens on the COMEX, as the market makers don’t want to pay up on call options at the end of the month.
We can rage...
By Sean Brodrick On April 1, 202010:40 AM Eastern
Yesterday, Vector Group Ltd. (NYSE: VGR) hit your protective stop. This is disappointing not only because of your recently banked gains, but because other cigarette companies are reporting booming...
By Sean Brodrick On April 1, 202010:05 AM Eastern
Yesterday, there was a snafu on the Abbott Laboratories (NYSE: ABT) call option recommendation. In my haste to get you a trade, I gave you the correct option symbol, but mixed in an Altria symbol...
By Mike Larson On April 1, 202009:38 AM Eastern
The last couple of days were dominated by end-of-quarter rebalancing activity.
In simple terms, large institutional investors had to sell Treasury bonds and buy stocks. Why? To adjust their...
By Jon D. Markman On April 1, 202006:28 AM Eastern
Stocks took another beating on Tuesday to wrap up a hellacious first quarter as investors worried about horrid new U.S. economic contraction estimates and the rapidly mounting number of covid-19...
By Mike Larson On April 1, 202002:39 AM Eastern
It’s official. We just closed out the worst quarter for stocks worldwide since the depths of the Great Financial Crisis.
We knew a bear market was bound to happen sooner or later. The...
By Jon D. Markman On March 31, 202003:15 PM Eastern
Stocks are beating a retreat Tuesday afternoon, with equities switching between gains and losses as investors prepared to wrap up Wall Street’s worst quarter since the global financial crisis...
By Sean Brodrick On March 31, 202010:46 AM Eastern
Today, we’re going to add more picks that should power up to fight the COVID-19 pandemic. I’m not going to spend a lot of time on each of these: Either you think the pandemic will get worse and...
By Jon D. Markman On March 31, 202006:28 AM Eastern
Stocks marched higher Monday after taking Friday off as investors appear relieved that the federal government is adding more time to its social distancing measures. These are expected to help curb...