By Sean Brodrick On April 16, 202112:00 PM Eastern
In the mid-month update, we discussed positions that should do well after President Joe Biden gets his $2.25 trillion infrastructure bill through Congress. To be sure, Biden’s plan is just a plan...
By Jon D. Markman On April 16, 202106:58 AM Eastern
Stocks surged on Thursday to record closing levels across the board. There is a theme at work: We are in a runaway bull market and all pullbacks are being bought.
There are still plenty of...
By Jon D. Markman On April 16, 202106:28 AM Eastern
Stocks stormed Thursday to fresh record highs. The Dow Jones topped 34000 for the first time and the S&P 500 jumped to 4,170, a gain of 1.1%.
As we expected, tech stocks paced the rally, an...
By Tony Sagami On April 16, 202106:00 AM Eastern
Everybody knows what an initial public offering (IPO) is. Heck, you may have bought a few IPOs yourself. Perhaps you even hit a home run with one. The appeal of an IPO has been the ability to...
By Jon D. Markman On April 15, 202102:50 PM Eastern
Stocks rose while government bond yields declined after a stronger-than-expected jump in retail sales in March coincided with a drop in jobless claims to the lowest in a year and as first-quarter...
By Jon D. Markman On April 15, 202106:28 AM Eastern
Stocks soared and swirled and swooned and basically made a hodgepodge Wednesday. Cyclical sectors like banks, industrials, metals, and energy pushed higher, while technology stocks were mostly...
By Kelly Green On April 15, 202106:00 AM Eastern
Hot-shot tech stocks may have been Wall Street darlings recently … but energy still makes the world go round.
And although the landscape of how we source that energy is changing, we’re not...
By Jon D. Markman On April 14, 202102:40 PM Eastern
Stocks came off early highs in midday trading on Wednesday as top banks kicked off quarterly reports with rising profits on the back of a recovering U.S. economy.
The Dow Jones Industrial...
By Sean Brodrick On April 14, 202112:11 PM Eastern
Let’s grab two quick rounds of gains, then add a new pick in cybersecurity.
First, it’s time to sell Sociedad Química y Minera de Chile S.A. (NYSE: SQM). This lithium mining stock is trending...
By Jon D. Markman On April 14, 202106:28 AM Eastern
Stocks largely scrambled higher on Tuesday as technology issues continued to soar. It is worth noting that the Invesco QQQ Trust, an exchange traded fund that mirrors the largest tech companies by...