By Jon D. Markman On March 26, 202106:28 AM Eastern
Bears mounted a full-blown attack on Thursday at the open. The S&P 500 quickly lost almost 1%, falling through critical support at 3,870.
In theory, that weakness should have led to panic...
By Tony Sagami On March 26, 202106:00 AM Eastern
Wow! My Feb. 26 column about a conversation with one of my successful college buddies touched a lot of hot buttons.
If you haven’t read it, I recommend you do; here’s the setup:
“Tony,” he...
By Jon D. Markman On March 25, 202103:16 PM Eastern
Stocks are churning after Federal Reserve Chair Jerome Powell reportedly mentioned the possibility of tapering asset purchases if the economy rebounds strongly, while oil slumped as concern...
By Jon D. Markman On March 25, 202106:28 AM Eastern
Stocks started Wednesday with solid gains. The afternoon was a far different story.
Weakness for tech issues eventually pulled everything lower, with the Nasdaq plunging 2% to 12,961. The...
By Kelly Green On March 25, 202106:00 AM Eastern
Last week, the Internal Revenue Service (IRS) deposited around 90 million stimulus payments. So many people saw their stimulus deposit hit last Wednesday that the Wells Fargo & Co. (NYSE: WFC)...
By Jon D. Markman On March 24, 202103:05 PM Eastern
U.S. stocks were largely firmer in midday trade on Wednesday amid a calmer bond market while oil prices spiked after a huge container ship ran aground in the Suez Canal, blocking traffic in the...
By Sean Brodrick On March 24, 202101:40 PM Eastern
We were stopped out of MAG Silver Corp. (NYSE: MAG) this morning. Your active stop should already have been activated. If not, here’s what to do:
Sell ALL your shares of MAG Silver Corp....
By Jon D. Markman On March 24, 202106:28 AM Eastern
It has been difficult to be bearish for stocks. Despite all of the negativity about valuations and interest rates, equities have basically trended above rising support levels for a year. As long...
By Mike Larson On March 24, 202106:00 AM Eastern
What would Sen. Everett McKinley Dirksen say if he were alive today? Considering the size, scope and costs of the Biden administration’s spending plans, we can surely imagine.
Dirksen, of...
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By Sean Brodrick On March 23, 202104:58 PM Eastern
You’ve probably heard that the White House is putting together a massive $3 trillion package to boost the economy. This will begin with a giant infrastructure plan. The plan may be financed...