Stock Market Update for Tuesday, July 24th, 2018

Stocks began the day strong with nice gains and a rally in the morning. But a pullback late morning and choppy afternoon resulted in the indices giving back some earlier profits. It was the DOW leading the way today with a 0.8% gain. The S&P was second in line with a0.5% gain. However, the NASDAQ struggled and finished the day flat, … Read more

Mastercard To Allow Bitcoin?

While Bitcoin is still down nearly 50% for the year, all signs are pointing to a big resurgence in the crypto market. On July 12, Bloomberg reported hedge fund manager Steve Cohen—who has one of the best track records of any hedge fund manager that’s ever lived—invested in Bitcoin for the very first time. David Solomon was just appointed as the new chief executive of Goldman Sachs. Last month … Read more

Stock Market Update for Monday, July 23rd, 2018

Stocks began the day with small losses after tensions between the U.S. and Iran made headlines. President Trump threatened Iran after Iran’s President said “don’t play with the lion’s tail, this would only lead to regret.” Trump’s Twitter response: “Never, ever threaten the United States again or you will suffer consequences the likes of which … Read more