By Sean Brodrick On March 12, 202010:15 AM Eastern
On Monday, Targa Resources Corp. (NYSE: TRGP) closed below its protective stop. You should have sold first thing Tuesday morning. In case you didn’t, do it now.
Sell all your shares of...
By Jon D. Markman On March 12, 202006:58 AM Eastern
Stocks resumed their historic slide Wednesday as indexes cratered after the World Health Organization declared the novel coronavirus a pandemic and government leaders failed in their mission to...
By Jon D. Markman On March 11, 202003:25 PM Eastern
The selloff in U.S. stocks persisted Wednesday afternoon, with broad-based losses sustained after the World Health Organization declared the novel coronavirus a pandemic. Meanwhile, investors...
By Jon D. Markman On March 11, 202008:43 AM Eastern
Stocks ripped higher Tuesday at the open, then collapsed mid-morning before reviving and gunning higher in the afternoon — investors didn’t know whether to laugh or cry at inept DC attempts to...
By Mike Larson On March 10, 202004:43 PM Eastern
One of my most memorable experiences during the Great Financial Crisis occurred when I was flying to Boston for a wedding in September 2008.
Lehman Brothers had just gone broke. Stocks were...
By Jon D. Markman On March 10, 202003:15 PM Eastern
Stocks zoomed higher at the open today, but have backed off later as investors questioned plans touted by the White House to secure fiscal aid for combating the coronavirus crisis.
The Dow Jones...
By Mike Larson On March 10, 202001:25 PM Eastern
We’ve been on a very solid run despite the market turmoil. We’ve grabbed gains on many positions, while managing downside risk through prudent use of stop losses and portfolio-trimming steps.
...
Even during the worst weeks of past market meltdowns, there were furious relief rallies. That’s what we were seeing earlier, though those gains have faded.
What’s driving this action? President...
By Sean Brodrick On March 10, 202011:30 AM Eastern
Trilogy Metals (NYSE: TMQ) closed below our stop yesterday. That’s a shame, because I like the company. We’ll revisit it later.
You probably already sold it this morning, but if you didn’t,...
By Mike Larson On March 10, 202008:00 AM Eastern
After bending for several weeks, markets finally broke on Monday …
Crude oil crashed more than 20% at the open after Saudi Arabia launched an “oil war” by slashing the price of its oil exports...