Development
By Jon D. Markman On August 8, 201912:57 PM Eastern
Stocks moved higher this morning after China’s central bank set the yuan at a firmer rate against the dollar, easing concerns that a brewing trade spat between the two countries was about to move...
By Jon D. Markman On August 8, 201906:28 AM Eastern
Stocks collapsed like a sack of potatoes to start the Wednesday session, but bulls clawed most of the way back as fear of trade war escalation becomes part of the scenery rather than a fresh...
By Jon D. Markman On August 7, 201903:00 PM Eastern
If you’re bearish, today’s action hurts. Everytime it looks as though stocks are finally going to collapse, they find strong bids.
This does not mean the market can’t decline in the near term....
Crypto markets got a long-overdue correction in the new bull market, giving us a big buying opportunity! Juan Villaverde has three moves to make in your crypto portfolio. And for U.S. investors...
By Jon D. Markman On August 7, 201911:41 AM Eastern
You know when the market is getting killed and you think, gee, if only it was a bit worse, that would be good.
That’s where we’re at. Ideally, the SPDR S&P 500 (SPY) would test the 200-day...
By Jon D. Markman On August 7, 201910:05 AM Eastern
The session was set to begin about 250 points lower for the Dow, but like yesterday, that is a ways off the overnight lows.
The catalyst for the decline is a much weaker-than-expected earnings...
By Sean Brodrick On August 7, 201909:30 AM Eastern
It’s time to exit Tallgrass Energy (NYSE: TGE). You’ve held it long enough to collect the 54 cents-per-share cash dividend that it’s going to pay on Aug. 14. But even its dividend hike couldn’t...
By Jon D. Markman On August 7, 201906:28 AM Eastern
Stocks recouped some of their losses on a classic Turnaround Tuesday after China’s central bank signaled it wouldn’t let the yuan fall much further – it calmed investors who’ve been slammed by...
By Jon D. Markman On August 6, 201903:50 PM Eastern
Stocks recouped some of their losses today after China’s central bank signaled it wouldn’t let the yuan fall much further — calming investors who’ve been slammed by escalating trade tensions.
By...
By Jon D. Markman On August 6, 201912:32 PM Eastern
p>We are getting the pullback I wrote about a little while ago. The Dow just went negative. Let’s use this opportunity to add a call.
Home Depot (HD) should be able to rally to at least $211...