By Mike Larson On June 12, 202012:00 PM Eastern
The saga of 2020 has been an eventful one, with American cities burning, unemployment soaring, the COVID-19 crisis wreaking havoc, and markets struggling. So, where do we go from here? What is the...
By Sean Brodrick On June 12, 202009:47 AM Eastern
Thursday saw the market fall down like a dead donkey, with the S&P 500 collapsing more than 5%, and the Dow Jones Industrial Average tumbling 6.9%, or 1,861 points. It was brutal. A bloodbath. And...
By Jon D. Markman On June 12, 202006:28 AM Eastern
Stocks clanked off the rim on Thursday and bears ran them back across court for an easy dunk as the Federal Reserve’s warning of a slow recovery from the coronavirus pandemic combined with news of...
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By Jon D. Markman On June 11, 202002:55 PM Eastern
Stocks are down sharply today after the Federal Reserve signaled a potentially lengthy economic recovery from the COVID-19 pandemic and new data showed rising infections throughout the United...
Mike here with a quick update: Shares of Eli Lilly & Co. (NYSE: LLY, Rated “B”) and Clorox (NYSE: CLX, Rated “B”) have been mostly moving in your favor since we recommended you open put spreads on...
By Sean Brodrick On June 11, 202012:37 PM Eastern
If you followed my recommendation in yesterday’s issue, you grabbed gains on HALF your Lakeland Industries (Nasdaq: LAKE, Rated C) position and set an active stop on the second half at $19.00 per...
By Sean Brodrick On June 11, 202011:10 AM Eastern
There was a meeting of the Federal Reserve’s Open Market Committee (FOMC) yesterday. And my takeaway is that is was very bullish for gold.
First, the FOMC announced Wednesday that it would...
By Mike Larson On June 10, 202004:03 PM Eastern
How do you know when investors have completely lost their marbles?
J.C. Penney (OTC: JCPNQ, Rated “D”) jumped 96%.
Hertz Global Holdings (NYSE: HTZ, Rated “D-”) soared 114%.
And just for...
By Jon D. Markman On June 10, 202001:35 PM Eastern
Stocks are diverging again today as tech and growth stocks surge to new highs while value, financials and energy roll over to digest recent gains of their own. Investors are waiting for the...
By Sean Brodrick On June 10, 202010:36 AM Eastern
Lakeland Industries (Nasdaq: LAKE, Rated C) reported earnings late yesterday. They knocked it out of the park. What’s more, the company says it expects “prolonged” demand for its personal...