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By Jon D. Markman On June 26, 202003:15 PM Eastern
Investors are driving stocks down Friday, with Wall Street lurching toward losses for the week after receiving a round of grim updates about the spread of COVID-19 in the United States.
Nearly...
By Juan M. Villaverde On June 26, 202002:39 PM Eastern
Last week was one of consolidation for crypto markets, as most sub-indexes moved sideways during the seven-day trading week ended Thursday, June 25.
That continues a pattern established in late...
By Tony Sagami On June 26, 202001:32 PM Eastern
Don’t worry about the silly pandemic (sarcasm alert), the monetary calvary — aka the Federal Reserve — has risen to the rescue. The Fed has spent trillions to prop up the stock market…and it has...
Fascination with Bitcoin is running red-hot, and it’s not hard to see why. Between the pandemic panic and the Fed’s response, investors are flocking to tradition safe haven assets – like...
Which would you rather do: Bet on a stock that’s popular and “sexy,” but that loses you money? Or target one that may be “boring”, but that makes you a nice chunk of income?
I thought so! That’s...
By Jon D. Markman On June 26, 202006:28 AM Eastern
Stocks swarmed broadly higher on Thursday, driven by financial stocks after regulators eased some rules on banks that were put into place after the global financial crisis.
The Dow opened...
By Juan M. Villaverde On June 25, 202004:50 PM Eastern
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Crypto Connection
to Social Unrest
20-Day Cycle Disappoints
It’s been a bit of a disappointing week in...
By Jon D. Markman On June 25, 202003:11 PM Eastern
Stocks are swirling around the unchanged line today after weekly jobless claims came in higher than anticipated and as COVID-19 infections continued to climb, with the choppy session suggesting...
By Jon D. Markman On June 25, 202006:28 AM Eastern
Stocks plunged Wednesday as surging new COVID-19 cases sparked concerns over new government shutdowns just as measures meant to curb the spread of the respiratory disease were being eased.
The...
By Jon D. Markman On June 24, 202003:01 PM Eastern
A selloff in U.S. stocks accelerated today after three states on the east coast said they are imposing restrictions on out-of-state travelers as COVID-19 cases continue to rise throughout the...