By Tony Sagami On August 7, 202005:27 PM Eastern
My father, a vegetable farmer in western Washington, was permanently affected by the Great Depression. For millions of Americans during those tough times, my father really learned how to pinch a...
By Jon D. Markman On August 7, 202003:15 PM Eastern
Stocks are lower and trading is choppy as the mood is dampened by a lack of progress on a deal among lawmakers for another economic stimulus package.
The Dow Jones Industrial Average pulled...
The absolute best case for you as a put spread seller is you open the spread at a time when options prices are high. You rake in a nice chunk of income. The targeted stock goes up or moves...
By Jon D. Markman On August 7, 202009:58 AM Eastern
In recent days, I have been hoping for a correction to give us a low-risk entry point — to add to our long-term portfolio. But it has not yet materialized. So, my new recommendation today is for a...
By Jon D. Markman On August 7, 202006:28 AM Eastern
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Note: I might take one or two days off next week — possibly Tuesday and Thursday. Don’t be alarmed if there is no letter those days.
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Stocks trilled higher again Thursday for no...
By Jon D. Markman On August 6, 202003:15 PM Eastern
Stocks see-sawed Thursday, but in the afternoon bulls began to storm the Street as a deadline approached for U.S. lawmakers to reach a deal on providing more financial aid to support Americans...
By Martin D. Weiss, Ph.D. On August 6, 202002:44 PM Eastern
I don’t have to convince you that technology is the future.
That’s 100% clear by now. And if it wasn’t before, Coronavirus has certainly made it apparent.
I spend a lot of time these days...
By Jon D. Markman On August 6, 202006:28 AM Eastern
Stocks marched higher again Wednesday as investors sniffed out signs of progress in talks to pass a federal pandemic relief bill and there was some positive news on the vaccine front. Not that...
By Mike Larson On August 5, 202005:11 PM Eastern
Fifty-four companies defaulted on their debts in the second quarter of 2020. That was the most for any three-month period since 2009 in the wake of the Great Recession.
It gets worse. The...
By Jon D. Markman On August 5, 202003:05 PM Eastern
Stocks advanced Wednesday, with investors encouraged by progress among U.S. lawmakers over granting more funds to Americans struggling with the COVID-19 crisis, and as energy shares stepped higher...