After a relatively calm 2017, stock market investors had to buckle their seat belts this year. Since the end of January, the S&P 500, Nasdaq and Dow Jones industrial average have all taken investors on a roller coaster ride. The wild swings bring with them a variety of “get rich quick” stock picks and many … Read more
A record valuation and increasingly bullish predictions from Wall Street have made Nvidia Corp.’s earnings report on Thursday one of the most anticipated of the season. Nvidia has added almost $20 billion to its market value over the past six sessions with a steady climb that left shares trading at their highest in the company’s … Read more
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Trading got off to a nice start after today’s 8:30am ET report showed that U.S. consumer prices rose less than expected in April. CPI was up 0.2% vs. a 0.3% forecast, and Core CPI was up 0.1% vs. a 0.2% forecast. The major indices traded higher at the open and continued to rally throughout the morning. There was a sharp rise … Read more
FREE DOWNLOAD – The Rebel’s Guide to Trading Options – How to Protect & Profit in any Market Stocks continue to head higher breaking the expected move for the week once again. Watch tonight’s video update for the strategy that is working right now…
The S&P 500 and Nasdaq burst to 1% gains on Wednesday, helping to snap a number of stocks out of their recent downtrends. There are hopes that the rally will continue and worries that it will — again — come to an abrupt halt. Until then though, we have to trade what’s in front of … Read more
Bitcoin bull Michael Novogratz thinks every investor should buy cryptocurrencies. “It’s almost essential for every investor to have at least 1% to 2% of their portfolio” in crypto, Novogratz, the CEO and Founder of Galaxy Digital Capital Management, told Maggie Lake on “Markets Now” on Wednesday. Galaxy and Bloomberg launched the Bloomberg Galaxy Crypto Index … Read more
If your 401(k) is a little cheaper these days, make sure you thank your former co-workers. A recent report from the Center for Retirement Research at Boston College found that a rash of lawsuits against employers in recent years is causing companies to rethink their fund offerings and push for lower fees. “These lawsuits aren’t … Read more
[Ed. Note: Jim Rickards’ latest New York Times bestseller, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis, is out now. Learn how to get your free copy – HERE. This vital book transcends rhetoric from the Fed and any threat of a bitcoin bubble to prepare you for what you should … Read more
Stocks were on the move early today. The major indices were up nicely at the open, then traded sideways this morning. But by lunch the major indices were on the move again, led by a surge in energy stocks. Traders were still digesting President Trump’s decision to back out of the Iran nuclear deal today. Sanctions against Iran will … Read more