Teeka Tiwari here with an exciting announcement… Today, I’m putting on a cryptocurrency AMA (“Ask Me Anything”)… And I want you to join me. Bitcoin has more than doubled this year, but is the “crypto winter” really over? Our office inbox has been flooded with this question and many more. So I’m headed to our … Read more
Stocks are under pressure today… But this isn’t one of those buy the dip moments… You see, last night, the Death Line in the S&P 500 was breached… a sign that bears may have taken control for good. Now, markets consist of both buyers and sellers. When stocks get bid up, we say that the buyers are … Read more
U.S. stock index futures were sharply lower Wednesday morning, as bond yields fell again triggering concerns about the economic outlook. Increasing trade tensions in the China-U.S. trade fight also weighed on markets. Around 8:15 a.m. ET, Dow futures indicated a negative open of 174 points. Futures on the S&P and Nasdaq were also both pointing … Read more
The sniping began shortly after Apple unveiled its new credit card with Goldman Sachs. In an elaborate presentation in March, Apple CEO Tim Cook revealed the biggest yet mash-up between the worlds of big tech and big finance, a card that supposedly reimagines consumers’ relationship with plastic. Rivals of the investment bank wasted no time … Read more
Fiat Chrysler and Renault, two automakers looking to curb costs producing vehicles and pool resources for developing the next generation of automobiles, are planning a merger to create the world’s third largest automaker. According to a statement from Fiat Chrysler Automobiles, the combined business would be owned 50/50 between shareholders of FCA and Groupe Renault. … Read more
The yield on the benchmark 10-year Treasury note fell to a 19-month low Tuesday as Wall Street grew more certain that the U.S.-China trade war will last longer and afflict GDP growth more than first thought. At around 8:31 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was … Read more
U.S. stock futures indicated a flat open on Tuesday, with financial markets on edge as trade worries remain high on investors’ list of concerns. Dow Jones Industrial Average futures pointed to a gain of just 18 points at the open. Futures indicated the S&P 500 and Nasdaq 100 would open little changed. President Donald Trump … Read more
The markets are closed today in observance of Memorial Day. However, it should be an exciting start to the trading week tomorrow. Now, one thing I notice after a 3-day break like the one we just had… is that some traders sometimes come in too relaxed and not focused on enough risk management… … or they get too … Read more
Don’t look now… but almost 1 out of 3 S&P 500 stocks are in bear market territory. These stocks are 20% or more off their 52-week highs. (Note: If you haven’t watched my video series on cashing in on crashing stocks then watch this). As the U.S.-China trade war heats up… I’m chomping at the bit to trade … Read more
I’m not going to sugarcoat it for you… this is a tough market for swing trading. It seems like traders are reacting to every headline pertaining to trade talks that holding overnight positions has gotten riskier. It’s even more challenging if you primarily trade stocks on the long side. That said, nearly 32% of the … Read more