By Jon D. Markman On July 20, 202006:28 AM Eastern
Stocks moseyed and meandered around the unchanged line on Friday as investors were flummoxed by an unexpected fall in consumer sentiment amid a surge in U.S. COVID-19 cases and deaths.
The Dow...
By Mike Larson On July 17, 202004:15 PM Eastern
“The sooner you realize that you’re a #$%@ commission salesman and not a #$%@ financial consultant, the sooner we’ll get along.”
That’s what I was told during one of the weekly sales meetings at...
By Jon D. Markman On July 17, 202002:10 PM Eastern
Stocks are chopping around the unchanged line today as investors were unnerved by decline in consumer sentiment underscored by worries among Americans about a flare-up in COVID-19 cases.
Through...
By Sean Brodrick On July 17, 202012:00 PM Eastern
What a wild first half of the year. From wildfires to a pandemic to murder hornets, it almost felt like living through a disaster movie. What will the second half of the year bring? Specifics are...
By Sean Brodrick On July 17, 202011:30 AM Eastern
Happy Friday! And what a happy Friday it is, as Ericsson (Nasdaq: ERIC, Rated C-) soared on excellent earnings news.
If you bought those October Ericsson calls with a strike price of $9.00...
One of the best things about selling options is that the odds are on your side. The likelihood of options expiring without value is high — which is bad news for buyers, but good news for investors...
By Jon D. Markman On July 16, 202001:40 PM Eastern
Stocks are retreating today after weekly jobless claims showed more people than expected sought help as they looked for work during the COVID-19 health crisis.
Through 1 p.m. Eastern, the Dow...
By Sean Brodrick On July 16, 202010:15 AM Eastern
If you acted on my recommendations on Tuesday, you placed some raised stops and banked a bunch of gains by selling HALF of four positions.
We track …
16.55% on K92 Mining (OTCQX: KNTNF, Rated...
By Jon D. Markman On July 16, 202006:28 AM Eastern
Stocks ripped higher Wednesday on positive news on two possible COVID-19 vaccines and as Goldman Sachs Group (GS) delivered blowout second-quarter results that one analyst described as “almost...
By Mike Larson On July 15, 202003:58 PM Eastern
With my apologies to Charles Dickens, this is the best of times, the season of light, and the spring of hope — for a select few stocks and sectors.
For everyone else, it’s the worst of times,...