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By Mike Larson On April 29, 202005:00 PM Eastern
First, the junk bond market boomed.
Next, it went bust.
Then, the Federal Reserve bailed it out.
Finally, that sparked a new mini boom.
More than anything else in recent weeks, THAT...
By Jon D. Markman On April 29, 202003:00 PM Eastern
Stocks are ripping higher today as investors applaud upbeat data from a clinical trial of a potential COVID-19 treatment.
The Dow Jones Industrials shot up 560 points, or 2.4%, through 2:30 p.m....
Thanks to coronavirus lockdowns, the U.S. economy is contracting faster than at any time since the Great Depression of the 1930s.
Trying to soften the blow, the Federal Reserve has just printed...
By Jon D. Markman On April 29, 202006:28 AM Eastern
Stocks wandered around like dogs looking for a lost bone this Tuesday, scratching around the unchanged line, following a dismal decline in consumer confidence just as businesses around the country...
By Jon D. Markman On April 28, 202001:45 PM Eastern
Stocks are desperately seeking direction today, switching between gains and losses following a dismal decline in consumer confidence just as businesses around the country slowly restart operations...
By Sean Brodrick On April 28, 202012:22 PM Eastern
I have a couple of trading ideas for you today.
First, we are seeing gold and silver pull back today. This is countertrend to the big rally in metals. It may be due to profit taking, or perhaps...
By Sean Brodrick On April 28, 202011:18 AM Eastern
Last week, I recommended you bank three rounds of gains.
If you acted on my recommendation, you should have grabbed half gains on Kinross Gold Corp. (NYSE: KGC), Agnico Eagle Mines (NYSE: AEM)...
By Tony Sagami On April 27, 202004:16 PM Eastern
When your father is a farmer, you see very little of him during the spring and summer.
My mother solved this problem by gently insisting she and I ride with him on the three-times-per-week...
By Jon D. Markman On April 27, 202003:05 PM Eastern
Stocks are rising today as investors saw some local governments moving toward loosening restrictions put in place to slow the spread of COVID-19.
Through 2:30 p.m. Eastern, the Dow was up 315...
By Martin D. Weiss, Ph.D. On April 27, 202009:37 AM Eastern
The U.S. Congressional Budget Office (CBO) is one of the few institutions in Washington that’s still nonpartisan.
Its forecasts are objective and impartial.
But right now, they’re also...