Dow set to fall 100 points at the open following Friday’s big losses

Dow Jones Industrial Average futures pointed to a negative start for Monday’s open after all three major U.S. indexes closed in correction territory for the first time since March 2016 in the prior trading session. Dow futures implied a slide of more than 100 points at the open on Monday, as of 8:30 a.m. ET. … Read more

Dow drops 450 points amid rising fears over global growth

Stocks fell sharply on Friday after weaker-than-expected data in China and Europe exacerbated concerns of a global economic slowdown. The Dow Jones Industrial Average fell 450 points, led lower by declines in Apple and Johnson & Johnson. The S&P 500 dropped 1.5 percent as the consumer staples and health care sectors lagged. The Nasdaq Composite … Read more

Stock Market Update Thursday, December 12th, 2018

Stocks were mixed today. News that China is buying U.S. soybeans helped stocks rally early on today. China has purchased 1.5 million metric tons of beans over the last 24 hours. But after the positive start, the major indices were choppy and pulled back throughout the day. In the end, the S&P was flat, the DOW was slightly higher, and the NASDAQ finished … Read more

Kyle Dennis Black Optics Webinar

2018 has been wild for the markets, and there’s no better way to cap it off than by introducing Black Optics, Kyle Dennis simple, bulletproof system that finds Clarity Amongst The Chaos. Honestly, all the news that affects the market is noise… Annoying noise, that if you’re not careful, can really hurt your trading account. You’re … Read more

Dow futures slightly higher amid growing hopes for a breakthrough in US-China trade war

U.S. stock index futures were slightly higher Thursday morning, amid signs of thawing trade tensions between the world’s two largest economies. At around 3:40 a.m. ET, Dow futures rose 70 points, indicating a positive open of more than 94 points. Futures on the S&P 500 and Nasdaq were also seen relatively upbeat. Market participants are … Read more

GE shares surge 9% after JP Morgan analyst who called their decline says the bottom is near

Longtime bearish analyst Stephen Tusa of J.P. Morgan upgraded shares of General Electric to neutral from underweight on Thursday and removed the stock from the firm’s short idea list, saying the embattled industrial giant now has a more “balanced risk reward at current levels.” “Key to the story, in our view, is the outcome of … Read more

Stock Market Update Wednesday, December 11th, 2018

Stocks rallied today but finished well off of session highs. The major indices were higher after President Trump said he would get involved with the Meng Wanzhou case if it would help advance trade negotiations with China. There was also news that China is considering replacing its “Made in China 2025” policy to provide more competition and … Read more

Mortgage applications rise 1.6% as interest rates drop to lowest level since September

December may be a slow month traditionally for the housing market, but mortgage lenders are suddenly getting busier. A sharp drop in interest rates drove mortgage application volume up 1.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 16 percent lower than a year ago. … Read more