Stocks finish mixed after another back and forth session. The major indices kicked the day off with losses, following a spike in Treasury yields where the 10-year Note hit a 7-year high. With the lower start, the S&P tested its 50-day moving average. A rally late morning brought the major indices to session highs. But the rally … Read more
Stocks went on a roller-coaster ride today! After a small dip in the morning, stocks bounced back and were flat. But an hour into trading, sellers took over again, and the S&P dropped for an hour straight. Stocks traded sideways after the slide. But after going nowhere for 2 hours, stocks took off, this time to the … Read more
Ron Paul believes the bond trading pits are giving investors a dire message about the state of the nation’s economy. According to the former Republican congressman from Texas, the recent jump in Treasury bond yields suggest the U.S. is barreling toward a potential recession and market meltdown at a faster and faster pace. And, he … Read more
Stocks got off to a decent start last week, after news that Canada would be joining Mexico and the U.S. in a trade deal known as the United States-Mexico-Canada Agreement (USMCA). After a win on Monday, the DOW made back-to-back record highs on Tuesday and Wednesday. It looked like the S&P was about to make a run at new records as … Read more
Interest rates were the focus again, with bond yields continuing to rise. Higher interest rates are generally bad for stocks since investors will put money in secure interest-bearing investments instead of stocks when interest rates are higher. — TRENDING NOW— FREE STOCK TRADING WEBINAR Experienced Biotech stock investor, Kyle Dennis, will be showing you 3 … Read more
Stocks rallied this morning, then gave up early gains. After a higher start and morning rally, stocks traded sideways for most of the afternoon. But a sell off in the last 90 minutes of the day brought stocks to session lows. The major indices still managed to end the day with gains, but it just wasn’t … Read more
Stocks finished mixed after a choppy trading session. There was some good news on trade after the U.S. reached an agreement with Mexico and Canada. The new trade agreement will be called the U.S.-Mexico-Canada Agreement (USMCA) and is expected to go before Congress for approval in November. But there are still concerns over trade with China after … Read more
The Dow Jones Industrial Average hit a record high on Tuesday as it rallied for a second day, boosted by gains in Intel and optimism around global trade. The 30-stock index traded 151 points higher as Intel climbed more than 4 percent. Boeing shares also hit a record to lift the Dow. The Dow also … Read more
Stocks finished the week mixed. After opening lower on Monday, the major indices had a tough time gaining any traction. The S&P finished lower 4 out of 5 days last week. The DOW was lower 3 out of 5 days but suffered the biggest loss with a 1.1% drop. While the S&P and DOW struggled, the NASDAQ made a bit of a comeback. The NASDAQ finished higher … Read more
With the Fed Statement behind us, stocks finished higher and the S&P and DOW snapped a 2-day losing streak. It was actually the first time this week that the major indices all ended the session with gains. The NASDAQ led the way with a 0.7% win. But it could have been better. Stocks gave up early gains in the afternoon, erasing … Read more