By Tony Sagami On February 26, 202102:15 PM Eastern
Yes, fraternity friends and I should have drunk less beer and spent more time at the library during college; that’s true. It’s also true that everyone in my closest circle went on to become very...
By Jon D. Markman On February 26, 202101:45 PM Eastern
We are into the second week of the price correction for technology stocks. The Nasdaq Composite index skidded 3.5% Thursday, the worst day on record since last October.
Bearish investors point...
This market has a problem. An interest rate problem.
The modest and measured move higher in rates morphed into something more notable and aggressive over the past couple weeks. The yield on the...
By Sean Brodrick On February 26, 202110:57 AM Eastern
The markets are showing some weakness. It’s probably only for the short term. But since cannabis-leveraged stocks outperformed the market on the way up, they’re getting hurt worse on the way down....
By Jon D. Markman On February 26, 202106:28 AM Eastern
Stocks opened on Thursday lower and skidded all the way into the close. The S&P 500 tumbled 96 points to 3,828, down 2.4%, while the Dow lost 559 points, or 1.7% and the Nasdaq 100 shed 3.6%.
...
By Kelly Green On February 25, 202105:20 PM Eastern
In the grand scheme of things, 147 days doesn’t seem like a long time. It’s not even half of a year. But, when you think about this particular moment in time, where we are today is a lot different...
By Jon D. Markman On February 25, 202106:28 AM Eastern
Stocks were higher across the board on Wednesday, with the biggest gains in cyclical sectors such as hospitality, banking, energy, and semiconductors.
Sentiment is shifting among professionals....
By Jon D. Markman On February 25, 202103:15 AM Eastern
Stocks fell Thursday as government bond yields continued to rise and economists cast doubt over the surprise drop in initial weekly jobless claims.
The Dow Jones Industrial Average fell by 1%,...
By Mike Larson On February 24, 202104:16 PM Eastern
I’m not as young as I used to be — and, sometimes, my back reminds me of that fact.
I first hurt it several years ago, when we were moving into a new house. Now, every year or two, I seem to...
By Jon D. Markman On February 24, 202112:45 PM Eastern
Stocks reversed losses and turned positive this morning as Federal Reserve Chairman Jerome Powell reaffirmed his view that the economy needs support. Government bond yields jumped along with oil...