U.S. markets finished mostly higher on Thursday while showing overall strength for a fifth-straight session. The late session rally held despite the signing of the declaration of a 25% tariff on imported steel and a 10% tariff on imported aluminum. The market took it as a good sign as Canada and Mexico are being exempt, for now from … Read more
Stocks continue to move higher with an important jobs report coming out Friday morning. Watch the video tonight to be prepared for the next few weeks…
Suppose there was an exchange traded fund that focused on the single most important technology trend in the world today. You might think that I was smoking California’s largest export (it’s not grapes). But such a fund DOES exist. The Global X Robotics & Artificial Intelligence ETF (BOTZ) drops a golden opportunity into investors’ laps as a … Read more
Excellent trade so far on RIGL. The company reported earnings and everything was in line. They have data upcoming in April and an April 17thFDA approval date. Fantastic! I hopped in after an initial market selloff and the stock trudged higher all day long. I about three-fourths of the for about $2,500 in just a few hours … Read more
Trading got off to a rocky start after President Trump’s top economic advisor, Gary Cohn, resigned. Cohn was concerned over the possibility of a trade war and did not see eye-to-eye with Trump on his steel and aluminum tariff plan. The news hit last night and the S&P was down as much as 1.7% in overnight trading. This morning, the … Read more
U.S. markets mixed on Wednesday following the resignation of President Trump’s top economic adviser, Gary Cohn, but showed strength in the final hour of trading. The departure of Cohn elevated Wall Street’s concerns over the planned tariffs on aluminum and steel imports that could get signed as early as this week. Near-term support levels held while volatility eased … Read more
The roller coaster ride started last night as the economic adviser to the President stepped down. The sell off lasted until the opening bell this morning when there was a sharp reversal ending the day higher. In this important video update we look at how much risk the market is telling you is there. Whether … Read more
We certainly have gotten a crash course on the global steel industry over the past few days. I, on the other hand already knew the intricacies of this complex industry, as I was the Iron and Steel Correspondent for the Australian Financial Review during the 1970’s. I had to write an original news story about the … Read more
Today I added a starter position in CDTX. Data should be coming out there in the last week of March, per the company. This company is run by Jeffrey Stein, who was the former CEO of Trius Therapeutics, which got bought out a few years ago. Point being, I like the management team there and think … Read more
U.S. markets closed higher after reaching their best levels shortly after the open. The gains were attributed to easing concerns over the prospects of a global trade war and the possibility of talks between North and South Korea. The Russell 2000 rallied 1% after reaching 1,562 into the closing bell while clearing and holding its … Read more