By Jon D. Markman On April 23, 202003:10 PM Eastern
Stocks are advancing again today after fewer Americans filed claims for unemployment benefits than anticipated, while oil prices continued to recover from their crash.
The Dow, the Standard &...
By Jon D. Markman On April 23, 202006:28 AM Eastern
Stocks swooshed higher Wednesday in sync with a crude oil rally as Congress inched closer to approving a multibillion-dollar stimulus package to help the country recover from covid-19 damage.
...
Right now, our long-term outlook in the crypto market is decisively bullish.
Why? Because we’re seeing a favorable risk/reward ratio ...
Because the Federal Reserve is creating a new surge in...
By Mike Larson On April 22, 202004:53 PM Eastern
This is the week the oil market imploded. And no, that isn’t hyperbole.
The benchmark price of a barrel of U.S. crude oil started trading in the high-teens early Monday. But before long, selling...
By Jon D. Markman On April 22, 202003:20 PM Eastern
Stocks are swooshing higher Wednesday as the country’s lawmakers moved closer to potentially approving billions of dollars more to help the world’s largest economy recover from the damage...
The hits just keep on coming in this volatile environment. The latest development? An absolute meltdown in the crude oil futures market.
The benchmark price of a barrel of U.S. crude oil started...
By Mike Larson On April 22, 202010:20 AM Eastern
The pattern of the last couple of bear markets is clear: Just when one market “fire” goes out, another crops up somewhere else. That causes a renewed bout of selling pressure and leads to a fresh...
By Jon D. Markman On April 22, 202006:28 AM Eastern
Stocks ran off the rails again this Tuesday as a slump in demand has crushed the market for crude oil and spooked investors across the board.
The Dow fell 500 points at the open, tried to get...
By Jon D. Markman On April 21, 202003:20 PM Eastern
Stocks are selling off this afternoon as a slump in demand has crushed the market for crude oil and other energy sources.
All sectors are down, led by a 3.2% slam in the Financial Select Sector...
By Sean Brodrick On April 21, 202012:03 PM Eastern
Gold is enjoying a great run. A further pullback wouldn’t surprise me too much. So, we’ll take HALF gains on a few positions. That way, you …
Take some money off the table. Lower your entry...