Stock Market Update for Tuesday, February 27th, 2018

Stocks were hammered after Fed Chair Jerome Powell’s testimony today. The new Fed Chair delivered his first semiannual testimony in front of the House Financial Services Committee this morning. And stocks were higher in early trading as traders digested Powell’s prepared remarks. In his prepared comments, Powell said that he expects gradual rate increases. And an hour into … Read more

Market Weak on Fed Speak | Trading Concepts Daily News

U.S. markets pulled back on Tuesday after Fed chair Jerome Powell gave his semiannual monetary policy report. There were no major surprises as analysts digested the news throughout the session. However, the losses worsened into the closing bell with volatility spiking ahead of tomorrow and the last trading day for the month. The Russell 2000 stumbled 1.5% while closing … Read more

Bitcoin Price Leads $30 Billion Market Rally

The cryptocurrency market cap gained $30 billion on Tuesday, bolstered by a comprehensive advance that saw more than 80 of the 100 largest coins and tokens rise against the value of the US dollar. The Bitcoin price was the day’s headliner, soaring 10 percent to threaten the $11,000 threshold, but a number of other cryptocurrencies … Read more

Kyle Dennis Biotech Breakouts | February 27th FDA Insider Watch List

[Ed. Note: Kyle Dennis runs BiotechBreakouts.com. He is an event-based trader, who prefers low-priced and small-cap biotech stocks. To learn more JOIN THIS SPECIAL ONLINE EVENT: 3-Step Plan Kyle Used to Turn $15,253 into $2,855,475 and download his FREE “The $2.9 Million Biotech Trader Playbook here!] I’ll be taking a stab and building into some … Read more