By Jon D. Markman On March 20, 202002:55 PM Eastern
Stocks turned mostly weaker in afternoon trading Friday as states widened their restrictions on residents to stem the spread of COVID-19.
Consumer staples shares are down 3.5%, leading losses on...
By Jon D. Markman On March 20, 202001:00 PM Eastern
Social distancing is pushing thousands of enterprise employees out of office towers and into makeshift home offices. It’s a big trend that may last several quarters as the battle to contain the...
By Sean Brodrick On March 20, 202012:00 PM Eastern
Between the sudden demand and supply shock, liquidity crunch AND the global pandemic, it might feel like the time to panic. But panic will get you nowhere, fast. I’ve broken down what’s going on...
To say this is a volatile market would be the understatement of the century. And there’s little reason to expect that to change anytime soon.
I’ll explain exactly why in this issue. But first,...
By Juan M. Villaverde On March 20, 202009:47 AM Eastern
As I stressed in yesterday’s issue, the crypto bull market is still alive and well.
But right now, Bitcoin is in a neutral zone and you can expect some random choppiness in altcoins as well.
...
By Sean Brodrick On March 20, 202009:37 AM Eastern
The broad market is rallying this morning. As of last night, we tracked open gains of more than 12% on ProShares UltraShort Financials (NYSE: SKF). It’s time to grab those gains off the table.
...
By Jon D. Markman On March 20, 202006:28 AM Eastern
Stocks chopped in a huge range around the unchanged line Thursday, as a morning plunge was rescued midday by news that the federal drug regulators will assess an anti-malaria drug as a potential...