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Pfizer (NYSE: PFE, Rated “C+”) dropped a bombshell on the markets — and frankly the world — this morning.
The pharmaceutical company announced its lead COVID-19 vaccine candidate was more than...
By Martin D. Weiss, Ph.D. On November 9, 202009:43 AM Eastern
The stock market is surging dramatically this morning, celebrating the U.S. election and an announcement by Pfizer that its COVID-19 vaccine is 90% effective.
But I don’t envy Joe Biden.
More...
By Jon D. Markman On November 9, 202006:28 AM Eastern
* Friday Recap
* Financial Media Insights on Election
* Notes on My Scorecard
* Bottom Line
* Why Presidents Don’t Matter to Wall Street
Stocks swirled around the unchanged line...
By Jessica Borg On November 8, 202012:48 PM Eastern
We just endured an election “season” like no other. And true to brand for 2020, even long after the last ballots were cast, drama and uncertainty persist.
The backdrop continues to be a...
By Juan M. Villaverde On November 6, 202004:15 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”) reached new yearly highs after crossing $15,000 for the first time since January 2018.
It was a trading week marked by election-related volatility, though...
Wealth Megatrends
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By Sean Brodrick On November 6, 202003:35 PM Eastern
As I write this, there’s still no clear winner in the election. This is something I’ve warned about in my recent Wealth Wave columns, including this one and this one. The uncertainty could drag on...
By Jon D. Markman On November 6, 202003:20 PM Eastern
Stocks are largely lower today as investors sift through new earnings releases and make sense of national election news.
Through 3 p.m. Eastern, the Dow was down 90 points, or 0.3%, while the...
What’s the message coming from Wall Street in the wake of Tuesday’s election? “Forget greed. Gridlock is good!”
And boy has it been! Stocks, bonds and precious metals have all rallied sharply...
By Sean Brodrick On November 6, 202011:42 AM Eastern
I’ll keep this as brief as I can. Gold and silver miners are rallying hard. In fact, gold miners as a group are back to outperforming gold itself.
Here’s a chart of the VanEck Vectors Gold...
By Jon D. Markman On November 6, 202010:25 AM Eastern
Given the explosive rally that started Nov. 4, it is fair to say most investors were caught off guard by the outcome of the presidential election.
I have been writing that the market will go up...