Stock futures are pointing to a higher open this morning. And just like that, the market appears to be making another run to all-time highs. What a wild, choppy, news-driven market its been over the last month…making it a tough market to trade. As for me, I was finally able to string some good trades … Read more
Stocks are hoping to finish in the green for a 7th straight session, as the S&P 500 is approaching its highest levels since May. And as bleak as things looked just 2-3 weeks ago, it appears that this market is going to make another run at all-time highs… But to be fair, it doesn’t really … Read more
U.S. stock index futures rallied again early Tuesday morning despite comments from President Donald Trump on trade war with China. Around 5:50 a.m. ET, Dow futures indicated a positive open of more than 130 points. Futures of S&P and Nasdaq were also seen higher. President Donald Trump told CNBC on Monday that if Chinese President … Read more
Congress will begin its scrutiny of America’s tech giants on Tuesday amid growing discomfort in Washington over the power that the companies wield over the industry and public life. The House Judiciary Committee will hold its inaugural hearing Tuesday afternoon on anti-competitive practices among internet businesses, the first step in a broader investigation into dominance … Read more
Stocks are getting another boost today, as positive trade news dominate headlines. That said, the U.S. suspended plans to tariff Mexico over the weekend, which also gives hopes that a U.S.-China trade deal can be resolved soon. As for me, I don’t even bother that much with news except skim the headlines. Why? I don’t … Read more
If you don’t think politics and policy influence the market, then you’re sadly mistaken. A weak jobs number on Friday has virtually guaranteed that the Fed will be cutting rates this year, not once, not twice, but possibly three times. That said, the market reacted by posting its best weekly gains of 2019… the Dow … Read more
The stock market closed scorching hot on Friday…and finished with its best weekly gains of 2019. The S&P 500 surged by 4.4% and the Dow gained over 1300 points on the week. Thanks to a dovish Fed and some weak economic numbers. Now, I like to brag about how momentum stocks often trade on their … Read more
Stocks finished off Friday’s session in impressive fashion… and closing out the week with some of it’s best gains its had all year. A weak job numbers today pretty much sealed the deal that the Fed will be stepping in this year and cut rates… some Wall Street Analysts believe it will happen two or … Read more
Stocks are up this afternoon, as they look to close out strong, and post some of the best weekly gains we’ve seen all year. The catalyst: bad news. The jobs numbers were awful this morning… which helps the case for the Federal Reserve Bank cutting interest rates this year. As of now, the market is predicting … Read more
Who could have expected it? On Monday stocks were on the verge of collapse when it appeared that we would have a full out trade war… … and the government was rumored to be probing some of tech’s most prominent companies for possible antitrust violations…a move that nearly sunk the Nasdaq. However, hope was in … Read more