We’ve reached a very interesting crossroads in the markets …
The averages have soared off the March lows thanks to aggressive Federal Reserve and Treasury Department activism:
Enormous...
By Jon D. Markman On May 1, 202006:28 AM Eastern
Stocks shoved into reverse on Thursday following a report about steeper U.S. job losses and a growing sense of doom about authorities’ efforts to control the spread of coronavirus.
The Dow...
By Jon D. Markman On April 30, 202003:25 PM Eastern
Stocks are retreating Thursday following another report about further job losses for Americans due to the COVID-19 pandemic.
Through 2:45 p.m. Eastern, the Dow was down 335 points, or 1.4%,...
By Sean Brodrick On April 30, 202012:12 PM Eastern
Earlier this week, I recommended two new trades — buying shares of First Majestic Silver (NYSE: AG) and September call options on Pfizer (NYSE: PFE).
You were filled on First Majestic, and the...
By Jon D. Markman On April 30, 202006:28 AM Eastern
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Note: I might not publish on Friday, so don’t be alarmed if the next letter arrives Monday morning.
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Stocks ripped higher again Wednesday as investors applauded upbeat data from a...
By Mike Larson On April 29, 202005:00 PM Eastern
First, the junk bond market boomed.
Next, it went bust.
Then, the Federal Reserve bailed it out.
Finally, that sparked a new mini boom.
More than anything else in recent weeks, THAT...
By Jon D. Markman On April 29, 202003:00 PM Eastern
Stocks are ripping higher today as investors applaud upbeat data from a clinical trial of a potential COVID-19 treatment.
The Dow Jones Industrials shot up 560 points, or 2.4%, through 2:30 p.m....
By Jon D. Markman On April 29, 202006:28 AM Eastern
Stocks wandered around like dogs looking for a lost bone this Tuesday, scratching around the unchanged line, following a dismal decline in consumer confidence just as businesses around the country...
By Jon D. Markman On April 28, 202001:45 PM Eastern
Stocks are desperately seeking direction today, switching between gains and losses following a dismal decline in consumer confidence just as businesses around the country slowly restart operations...
By Sean Brodrick On April 28, 202012:22 PM Eastern
I have a couple of trading ideas for you today.
First, we are seeing gold and silver pull back today. This is countertrend to the big rally in metals. It may be due to profit taking, or perhaps...