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By Jon D. Markman On March 26, 202006:28 AM Eastern
Stocks barreled higher Wednesday as Congress prepared to vote on a $2 trillion deal to usher in financial aid to American workers and industries reeling from the covid-19 pandemic.
It was the...
By Jon D. Markman On March 25, 202003:13 PM Eastern
Stocks are pushing higher today as Congress prepares to vote on a $2 trillion deal to usher in financial aid to American workers and industries reeling from the COVID-19 pandemic.
Senators were...
By Mike Larson On March 25, 202003:00 PM Eastern
I’m going to keep this short given we’re on Day 2 of a sizable relief rally fueled by aggressive fiscal and monetary policy stimulus.
First, you should have been stopped out of both rounds of...
By Sean Brodrick On March 25, 202002:58 PM Eastern
The rally in the broad indices has been excellent this week. But do you know what’s rallying even more? Gold. And miners are outpacing both.
Here’s a performance chart of the past five days …
...
By Mike Larson On March 25, 202002:11 PM Eastern
We may be living in a “worst-case” scenario.
That’s exactly what it sounds like. The absolute worst outcome to any threat that an analyst, investor, policymaker or economist can dream up could...
By Sean Brodrick On March 25, 202012:52 PM Eastern
Yesterday, I sent out a flash alert. In that, I recommended you raise stops on your two bearish funds. ProShares Short S&P500 (NYSE: SH) saw its stop rise to $29.95. ProShares Short Dow30 (NYSE:...
By Sean Brodrick On March 25, 202012:17 PM Eastern
Yesterday, as the market soared, the raised protective stop at $36.00 on your ProShares UltraShort S&P500 (NYSE: SDS) position was hit.
That’s good for a 27.3% gain. And that comes on top of the...
By Jon D. Markman On March 25, 202006:28 AM Eastern
Stocks ripped higher Tuesday in a classic bear market rally as investors hoped and prayed for a fiscal rescue package from Congress that could help millions of Americans out of work due to...
By Jon D. Markman On March 24, 202003:15 PM Eastern
Stocks are ripping higher today as investors prepared for a potential stimulus package from Congress that could help the millions of Americans out of work due to COVID-19 fears.
The Dow Jones...
By Mike Larson On March 24, 202012:25 PM Eastern
This has been a trying time for us all — not just as investors, but as Americans. And unfortunately, the worst may be yet to come.
Some of the worst-case numbers regarding COVID-19’s impact on...