By Juan M. Villaverde On June 11, 202005:57 PM Eastern
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Markets Are Treading Water. But the Next Signal Could Come Anytime
Most cryptocurrencies — including Bitcoin —...
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By Jon D. Markman On June 11, 202002:55 PM Eastern
Stocks are down sharply today after the Federal Reserve signaled a potentially lengthy economic recovery from the COVID-19 pandemic and new data showed rising infections throughout the United...
Mike here with a quick update: Shares of Eli Lilly & Co. (NYSE: LLY, Rated “B”) and Clorox (NYSE: CLX, Rated “B”) have been mostly moving in your favor since we recommended you open put spreads on...
By Sean Brodrick On June 11, 202012:37 PM Eastern
If you followed my recommendation in yesterday’s issue, you grabbed gains on HALF your Lakeland Industries (Nasdaq: LAKE, Rated C) position and set an active stop on the second half at $19.00 per...
By Sean Brodrick On June 11, 202011:10 AM Eastern
There was a meeting of the Federal Reserve’s Open Market Committee (FOMC) yesterday. And my takeaway is that is was very bullish for gold.
First, the FOMC announced Wednesday that it would...
By Mike Larson On June 10, 202004:03 PM Eastern
How do you know when investors have completely lost their marbles?
J.C. Penney (OTC: JCPNQ, Rated “D”) jumped 96%.
Hertz Global Holdings (NYSE: HTZ, Rated “D-”) soared 114%.
And just for...
The vast majority of the 2,647 cryptocurrencies listed by CoinMarketCap.com trade on nothing more than hopes and dreams. Only a few have real world use cases.
And of those, almost none are as...
By Jon D. Markman On June 10, 202001:35 PM Eastern
Stocks are diverging again today as tech and growth stocks surge to new highs while value, financials and energy roll over to digest recent gains of their own. Investors are waiting for the...
By Sean Brodrick On June 10, 202010:36 AM Eastern
Lakeland Industries (Nasdaq: LAKE, Rated C) reported earnings late yesterday. They knocked it out of the park. What’s more, the company says it expects “prolonged” demand for its personal...
By Jon D. Markman On June 10, 202006:28 AM Eastern
Stocks scrambled in different directions Tuesday as investors took a break from banks, energy, and value and shifted their attention back to growth and technology.
The Dow Jones Industrial...