By Jessica Borg On May 2, 202109:00 AM Eastern
Crypto’s hot streak for making headlines continues!
This past week, JPMorgan Chase & Co. (NYSE: JPM) announced that it will launch a Bitcoin (BTC, Tech/Adoption Grade “A-”) fund and allow...
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By Sean Brodrick On April 30, 202104:20 PM Eastern
The U.S. economy is showing strong cyclical momentum. This is one of the factors powering up your portfolio to earnings beat after earnings beat, from Southern Copper Corp. (NYSE: SCCO), Altria...
By Jon D. Markman On April 30, 202103:25 PM Eastern
Stocks widened early losses in midday trading on Friday, but two key indexes are heading for their third straight monthly gains as the rebounding U.S. economy picked up steam, keeping the bond...
The “Money Flood” I’ve been talking about since late 2020 just keeps on coming!
First, on Wednesday afternoon, Federal Reserve Chair Jay Powell did exactly what I thought he’d do. He confirmed...
By Tony Sagami On April 30, 202107:00 AM Eastern
“There’s a real possibility that within the year, we’re going to be dealing with the most serious incipient inflation problem that we have faced in the last 40 years.” — Larry Summers, former...
By Jon D. Markman On April 30, 202106:28 AM Eastern
The S&P 500 closed on Thursday above 4,200 for the first time despite a tepid response to great financial results at Apple.
Bullish investors should be celebrating. The benchmark closed very...
By Jon D. Markman On April 29, 202103:41 PM Eastern
Stocks are mostly higher while government bond yields rose as President Joe Biden proposed another multi-trillion-dollar fiscal expansion program, and surging economic growth in the first quarter...
By Kelly Green On April 29, 202107:00 AM Eastern
Most people would describe this week as one of the most important investment weeks of the year. Roughly a third of the S&P 500 index will report first-quarter earnings this week. That includes...
By Jon D. Markman On April 29, 202106:58 AM Eastern
After the close on Wednesday, Facebook (Nasdaq: FB) and Apple (Nasdaq: AAPL) posted blowout financial results. It’s time for traders to come to grips with the fact that business at big tech is not...
By Jon D. Markman On April 29, 202106:28 AM Eastern
Stocks were modestly lower on Wednesday as traders waited on the Apple second-quarter financial results. The iPhone maker did not disappoint. Sales at the nation’s largest public company surged to...