By David Dittman On August 4, 202004:49 PM Eastern
Of course, it’s never just one thing.
But when the President of the United States, in the midst of a pandemic that continues to ravage the economy and challenge his leadership, suggests the...
By Jon D. Markman On August 4, 202003:12 PM Eastern
Wow, these markets are moving fast!
Specifically, Virgin Galactic Holdings, Inc. (SPCE) shares are down 12% following news overnight that the space tourism company will raise about $460 million...
By Jon D. Markman On August 4, 202003:11 PM Eastern
Stocks are modestly higher in a choppy session as investors await news of a financial aid package for workers undercut by the pandemic. House Speaker Nancy Pelosi told colleagues she doesn’t...
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By Sean Brodrick On August 4, 202003:00 PM Eastern
Boom! Gold prices jumped right through overhead resistance at $2,000 today, hitting a new record. Silver prices are also sharply up and are poised to close at a seven-year high.
Driving the move...
By Jon D. Markman On August 4, 202011:30 AM Eastern
Welcome to the first edition of the Weiss Technology Portfolio, an upgrade and improvement of our already successful Tech Trend Trader. I thought now would be a good time to write about what I’m...
By Jon D. Markman On August 4, 202006:28 AM Eastern
Stocks ripped higher on Monday with tech shares at the tip of the spear amid buoyant merger news, positive developments on the hunt for a COVID-19 vaccine, and better data on manufacturing.
The...
By Jon D. Markman On August 3, 202003:00 PM Eastern
Stocks advanced Monday, as Microsoft (MSFT) shares helped draw the tech sector higher and data showed improvement in the manufacturing industry even as the pandemic rages.
Through 2:30 p.m....
By Martin D. Weiss, Ph.D. On August 3, 202002:03 PM Eastern
U.S. consumer spending, which accounts of two-thirds of the economy, plunged at an annual rate of 34.6% in the second quarter.
It was, by far, the worst in history.
U.S. auto sales are also...
By Jon D. Markman On August 3, 202006:28 AM Eastern
Equities flung themselves higher at the last minute on Friday as surging technology shares more than offset falling energy issues, while federal lawmakers failed to agree on a new package of...
By Tony Sagami On July 31, 202006:03 PM Eastern
A “V”-shaped recovery? That’s what Wall Street keeps telling us is coming.
So how come governments around the world keep coming up with multi-trillion-currency stimulus plans?
Last week, the...