By Jon D. Markman On June 21, 202106:28 AM Eastern
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Schedule: We may take a day or two off this week if volatility is subdued.
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Trade began Friday sharply lower, and the trend never improved. By the close, the S&P 500 was off 1.3%...
By Sean Brodrick On June 21, 202106:00 AM Eastern
Many on Wall Street and in Washington D.C. breathed a sigh of relief this past week as crude oil prices pulled back from a recent peak.
Don’t be fooled! This is a short-term pullback in a bigger...
By Jessica Borg On June 20, 202106:00 AM Eastern
There’s no avoiding a certain word these days when it comes to stock market analysis: inflation.
“If you keep pumping money into the economy, eventually you’re going to see inflation ... Now we...
By Jon D. Markman On June 18, 202103:53 PM Eastern
A week ago, I was skeptical investors would completely abandon cyclical stocks. It’s now clear that the process is well underway, with a helping hand from the Federal Reserve.
The Fed met this...
By Sean Brodrick On June 18, 202112:00 PM Eastern
In last month’s issue, I laid out a strong case for inflation ramping up. Since then, that case has only gotten stronger. The Consumer Price Index (CPI) for May was up 5% on a year-over-year...
There’s a LOT going on in the market, and I’ll get to it in a minute. I’ll also tell you how those developments make now an ideal time to jump on our next Weekend Windfall recommendation!
But...
By Jon D. Markman On June 18, 202106:28 AM Eastern
The S&P 500 closed on Thursday with minimal losses, falling only 0.04% to 4,221. The marginal weakness does not begin to tell the true story.
Tech stocks found a bid early in the session and...
By Mike Larson On June 18, 202106:00 AM Eastern
I was a retail stockbroker at Merrill Lynch in the 1980s, and I’ll never forget one of the conversations I had with one of my wealthiest clients.
He said, “There’s nothing I like better than to...
By Jon D. Markman On June 17, 202103:00 PM Eastern
Stocks started the session modestly lower following yesterday’s rollercoaster ride.
Traders were reacting this morning to the latest data on jobless claims. The Department of Labor said new...
By Jon D. Markman On June 17, 202106:28 AM Eastern
Traders spent most of Wednesday waiting to hear what Federal Reserve members had to say about short-term interest rates, inflation, and the state of the economy. When the Fed released a statement...