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By Jon D. Markman On March 17, 202103:02 PM Eastern
Stocks are higher in midday trade on Wednesday as the government debt market came under renewed pressure ahead of the Federal Reserve’s policy statement, sending bond yields to more than a year...
By Sean Brodrick On March 17, 202111:52 AM Eastern
The market is pulling back ahead of the Fed’s policy announcement today. This happens nearly every time and is (usually) followed by a relief rally. We’ll see what happens today.
In the...
By Jon D. Markman On March 17, 202106:28 AM Eastern
Tuesday began as expected. The tech-heavy Nasdaq continued to lead, rising almost 1% at its best level, while the S&P 500 was essentially flat.
Then in the middle afternoon the tech rally ran...
By Mike Larson On March 17, 202106:00 AM Eastern
As I sat down to write this piece, a segment about the launch of a new cruise line ran on television. Yes, a cruise line ...
Called Virgin Voyages and backed by British billionaire Richard...
By David Dittman On March 16, 202104:30 PM Eastern
Tyler Winklevoss made his fortune on Facebook, Inc. (Nasdaq: FB). He and his twin brother Cameron sued Mark Zuckerberg for stealing their idea for a social network. The rest is (cinematic)...
By Jon D. Markman On March 16, 202102:40 PM Eastern
Stocks are swirling today as oil futures dived after a decline in retail sales and industrial production in February missed forecasts and investors awaited the Federal Reserve’s latest views on...
By Sean Brodrick On March 16, 202112:02 PM Eastern
We grabbed a gain on the second half of the ProShares UltraShort Technology (NYSEARCA: REW) last week, and it’s good we did. Technology has been on a tear since then, and REW has slumped lower.
...
By Mike Larson On March 16, 202108:00 AM Eastern
It’s official. Another $1.9 TRILLION in federal money is starting to rain down on markets and the economy, courtesy of President Biden affixing his signature to the mega-stimulus bill last...
By Jon D. Markman On March 16, 202107:58 AM Eastern
It’s time to add Beyond Meat (Nasdaq: BYND) to the longer-term Weiss Technology portfolio. Let me explain.
The El Segundo, Calif.-based company was a hot initial public offering in May 2019....
By Jon D. Markman On March 16, 202106:28 AM Eastern
Stocks skipped higher on Monday as traders returned to the technology sector. The Nasdaq 100, which measures the big tech companies, led the major indexes with a gain of 1.05%.
I suspect that...