Stocks are looking at a modest open this morning after a brutal sell-off in large-cap tech stocks on Monday… Tech giants like Amazon (-4.6%), Alphabet (-6.1%) and Facebook (-7.5%) all took a hit after it was reported that the government might be looking into these companies, their business practices, and if they’re in any violation … Read more
Futures are pointing to a higher open… after a difficult day of trading yesterday… which saw tech stocks roll over from fears of the trade war and possible antitrust investigations (Apple, Google. And Facebook)… Furthermore, the Nasdaq fell into correction territory… but is showing some nice bounce here. But you know what? Nearly none of … Read more
Microsoft co-founder Bill Gates, Uber co-founder Travis Kalanick’s 101100 fund and current Uber CEO Dara Khosrowshahi have invested in Luminous, a small start-up building an artificial intelligence chip. The investment shows key figures in the technology industry believe there is still an opportunity for a new standard to emerge when it comes to hardware for … Read more
U.S. stock index futures rallied Tuesday morning, following a volatile session on Wall Street. Investors were hopeful that lawmakers may step in and block the Trump administration’s plan to impose tariffs on Mexico. Republican lawmakers reportedly are discussing whether they may have to vote to stop President Donald Trump’s planned new tariffs on Mexico, according … Read more
Tech stocks were down big today, after news that the government is looking into anti-competitive behavior in big tech names like Facebook, Amazon, Google, and Apple. Stocks opened the day lower and went on a roller coaster ride. During the day, the E-Mini S&P experienced 9 swings of 0.5% or more! The final swing was … Read more
Stocks opened mixed this morning… which is somewhat surprising considering how much bad news came out over the weekend regarding trade talks and fears of a global economic slowdown. It feels like the market is setting up for another leg down. However, it’s a great time to stay patient because many stocks are whipping around … Read more
If you want to know how to cash in on cannabis stocks today… and not wait ’til recreational pot goes legal…then you have to watch Teeka Tiwari’s new presentation as soon as it goes live. Walk into your local supermarket or drug store today, and odds are you won’t see any cannabis on the shelves. … Read more
On Wednesday, the Death Line in the S&P 500 was breached, and since then stocks have been tumbling fast and hard. For example, the Dow Jones Industrials is going through its worst losing streak in 8 years (six straight weeks of closing in the red). As for me, I started the week up $7K but found a … Read more
By Kim Iskyan – Publisher, Stansberry Pacific Research To create wealth, you need three things: Some cash to start with (though less than you might think!), time and a positive rate of return. It’s easy to get caught up thinking that, to achieve this, you need your stocks and other investments to power through the … Read more
Despite a short trading week (4 days), there was plenty of damage done to stocks by Friday’s close. That said, the S&P 500 posted its first monthly loss of the year, and the Dow Industrial’s has now declined for six straight weeks. We went from having fears of a trade war into being in one. … Read more