By Jon D. Markman On April 8, 202006:28 AM Eastern
Stocks staged one of their ugliest reversals of the past decade on Tuesday, gapping way up at the open and then swerving lower into the red as if chased by the securities police.
It looked like...
By Jon D. Markman On April 7, 202002:55 PM Eastern
Stocks are back on the march Tuesday, as investors were buoyed by expectations for further help for American small businesses and shrugged off a grim update about New York’s battle against...
By Sean Brodrick On April 7, 202011:50 AM Eastern
I recommended Freeport McMoRan (NYSE: FCX) June puts with a strike price of $6 as a hedge last month. Those puts are falling in value as the gold market finds its footing again.
The position...
In fast-moving markets, rare things can sometimes happen.
So, just in case that up-and-down turbulence has affected you in a particular way, I wanted to make sure we clear it up. Specifically...
By Mike Larson On April 7, 202008:00 AM Eastern
Monday saw a wave of optimism on news of the tentative success of efforts to “flatten the curve” of COVID-19 infections.
I can’t say for certain whether that optimism was justified in terms of...
By Jon D. Markman On April 7, 202006:28 AM Eastern
Stocks ripped into runaway rally mode Monday as investors suddenly and collectively decided that deaths and mayhem stemming from the covid-19 pandemic were on course to peak and abate over the...
By Jon D. Markman On April 6, 202003:06 PM Eastern
Stocks are rallying Monday, with widespread gains sending the S&P 500, the Nasdaq Composite and the Dow Jones Industrial Average to their highest intraday levels so far in April, as deaths slowed...
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By Sean Brodrick On April 6, 202002:35 PM Eastern
Hey, gang, did you hear? The COVID-19 coronavirus crisis is licked! It’s clear skies ahead for the markets. The major indices are up 5% as I write this.
But to me, an “all clear” seems unlikely....
By Martin D. Weiss, Ph.D. On April 6, 202009:56 AM Eastern
Martin here with an urgent update.
I hope you’re sitting down.
Because Sunday night’s Wall Street Journal headline about the economy is the biggest shocker we’ve seen so far …
...
By Jon D. Markman On April 6, 202006:28 AM Eastern
Stocks fizzled on Friday, following news that the covid-19 crisis has worsened in the global epicenter of New York and the U.S. labor market ended a decade-long growth streak.
That view turned...