By Jon D. Markman On April 3, 202002:40 PM Eastern
Stocks are unraveling again 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.
Through...
By Jon D. Markman On April 3, 202006:28 AM Eastern
Stocks swirled most of Thursday before jetting higher in the last hour as hopes for a truce in the oil price war boosted energy shares and optimism for a covid-19 therapy outpaced despair over a...
By Tony Sagami On April 3, 202004:45 AM Eastern
My sister loves “cruising.”
Me, not so much. The idea of lounging around the deck of ship all day sipping drinks with umbrellas in them isn’t my idea of fun. I prefer more active holidays.
I’m...
By Jon D. Markman On April 2, 202003:20 PM Eastern
Stocks are swirling Thursday as hopes for a truce in the oil market’s price war boosted energy shares but other equities are lower after the record jump in claims for unemployment benefits.
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By Sean Brodrick On April 2, 202002:22 PM Eastern
We saw gold jump this morning, and Barrick Gold (NYSE: GOLD) went up along with it. The late action faded the move, so to be safe, we’re going to grab a gain on one of your June Barrick Gold call...
Last Thursday, we learned that more than 3.3 million Americans filed for jobless benefits in a single week-long period. That’s more than FOUR TIMES the previous U.S. record.
We learned this...
By Jon D. Markman On April 2, 202006:28 AM Eastern
Stocks plunged again Wednesday – no fooling — as investors struggled at the start of the second quarter with a grim warning that U.S. deaths from covid-19 are on track to climb by an unfathomable...
By Jon D. Markman On April 1, 202003:05 PM Eastern
Stocks slumped Wednesday as investors struggled at the start of the second quarter with a grim warning that U.S. deaths from COVID-19 are set to climb more than tenfold in coming months.
Through...
By Sean Brodrick On April 1, 202001:27 PM Eastern
Monday and Tuesday saw gold smacked down like a rented mule. This sometimes happens on the COMEX, as the market makers don’t want to pay up on call options at the end of the month.
We can rage...
By Sean Brodrick On April 1, 202010:40 AM Eastern
Yesterday, Vector Group Ltd. (NYSE: VGR) hit your protective stop. This is disappointing not only because of your recently banked gains, but because other cigarette companies are reporting booming...