Dow to sink over 800 points at Monday open U.S. stock futures were pointing to an over 800-point or 2.8% decline at Wall Street’s open on Monday for the Dow Jones Industrial Average. European stocks were faring much worse, with Italian equities down 4% as Italy grapples with the largest coronavirus outbreak outside of Asia, with … Read more
U.S. stock futures pointed to sharp declines on Wall Street at the open on Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading. As of 6:35 a.m. ET, Dow Jones Industrial Average futures were down 750 points, indicating a drop of 743 … Read more
By Steve Sjuggerud, editor, True Wealth Systems I invest in a simple way… I’m willing to concede a few battles to win the war. This is a simple idea. Unfortunately, most investors can’t do it. It goes against our egos to simply admit that we might be wrong and move on. We think we need to … Read more
Markets expecting an interest rate cut are reacting to the coronavirus scare and likely will reverse once the fear starts to fade, St. Louis Fed President James Bullard said Friday. Central bank officials have indicated that they are content to keep policy on hold as they watch economic developments play out. — RECOMMENDED — Don’t … Read more
U.S. stock index futures fell on Friday after the number of new coronavirus cases escalated, fueling worries over a pronounced global economic slowdown. Around 8:34 a.m. ET, Dow Jones Industrial Average futures were down about 115 points, indicating a decline of more than 140 points. S&P 500 and Nasdaq 100 futures also declined. — RECOMMENDED — … Read more
Louis Navellier’s Breakthrough Stocks Special Streaming Event – Claim Your FREE Spot Here It’s been almost two years since Louis Navellier hosted his first Breakthrough Stocks Summit… And, trust me, this was one of the biggest, most talked about events in our industry’s history. That’s because this was the first and only time Louis shared … Read more
U.S. stock index futures are pointing to a slightly lower open on Wall Street Thursday morning after closing at fresh record highs, as investors continue to monitor the global economic impact of the coronavirus outbreak. Around 6:30 a.m. ET, Dow futures pointed to an implied decline of more than 30 points at the open, while … Read more
Everybody and their brother wants to know when the market will make the next major turn. Pick tops and bottoms is the holy grail of trading that no one seems to know ahead of time, but everyone claims they knew in hindsight. I found a few techniques over the years that identify possible tops in … Read more
Gilead Sciences could be the best positioned biotech stock here. That’s according to Mark Newton, founder of Newton Advisors, who says the biotech company looks technically attractive as it works toward a cure for the new coronavirus. — RECOMMENDED — FREE STOCK TRADING WEBINAR Experienced Biotech stock investor, Kyle Dennis, will be showing you 3 … Read more
U.S. stock index futures pointed to a higher open on Tuesday as Wall Street shrugged off concerns over the economic impact of the coronavirus outbreak. Around 7:45 a.m. ET, Dow Jones Industrial Average futures were up 87 points, indicating a gain of 100 points at the open. S&P 500 and Nasdaq 100 futures traded higher as well. … Read more