By Sean Brodrick On March 18, 202012:05 PM Eastern
We tried to use the bounce yesterday to add Wells Fargo (WFC) puts and buy ProShares UltraShort Financials (NYSE: SKF). Our puts didn’t fill, but the SKF hit our price target as the market...
By Sean Brodrick On March 18, 202011:37 AM Eastern
Iron Mountain (NYSE: IRM) hit your protective stop. You should have exited already.
But this news at least comes with a silver lining: You held IRM long enough to collect the next dividend of...
By Mike Larson On March 18, 202009:15 AM Eastern
You should have just grabbed 11.9% gains on HALF your position in SPDR Gold Trust (GLD, Rated “C”).
You should have also pocketed 12.5% gains on ALL your position in Wheaton Precious Metals...
By Mike Larson On March 18, 202008:24 AM Eastern
During the midst of the Great Financial Crisis ... in July 2008 ... then-Treasury Secretary Henry Paulson made a stunning declaration.
Speaking before Congress as the government-backed mortgage...
By Jon D. Markman On March 18, 202006:28 AM Eastern
Stocks firmed up and swung higher on Tuesday after government officials said they plan to move quickly on efforts to provide economic relief to workers and businesses hurt by the covid-19...
By Jon D. Markman On March 17, 202003:30 PM Eastern
Stocks firmed up and are swinging higher this afternoon after officials in Washington, D.C. said they are moving on efforts to provide economic relief to American workers and businesses being hurt...
By Sean Brodrick On March 17, 202012:55 PM Eastern
The White House is rolling out the big guns, passing down fiscal stimulus and actions to prevent the spread of the COVID-19.
Finally!
I applaud their actions. But even with this support, I...
By Sean Brodrick On March 17, 202012:21 PM Eastern
The White House and the Federal Reserve are throwing all sorts of stimuli at the market. I’m hoping this will lead to a big rally. But so far, the rallies the market has scraped together have been...
By Sean Brodrick On March 17, 202009:08 AM Eastern
Europe is now ground zero for the coronavirus pandemic.
Italy is locked down, with 24,747 active cases and 1,809 deaths as of Monday.
And airplanes on their way to the Iberian Peninsula...
