As we have seen before the same pattern has resumed and the market rally could not be sustained. Cryptocurrencies have dumped again today wiping out all gains over the past few days. Total market capitalization has dropped back to just over $211 billion again, shedding over $15 billion in 24 hours. Bitcoin could not hold … Read more
Stocks retreated today after the U.S. added tariffs on another $200 billion worth of Chinese goods. The tariffs went into effect Sunday at midnight, and in retaliation, China responded by imposing tariffs on $60 billion worth of U.S. goods. —- IMPORTANT —- On October 24, 2018 Stansberry Research is hosting what could end up being one … Read more
It was a week for the record books. But it didn’t start off that way. On Monday, stocks were lower and it looked like trade concerns were going to pull the major indices lower. But stocks rallied on Tuesday, in spite of the news that President Trump announced another round of tariffs on $200 billion worth of Chinese … Read more
Over the past 24 hours, major cryptocurrencies in the global market including Bitcoin, Ethereum and EOS increased by 2 to 5 percent, as Ripple led the market with a solid 10 percent gain. — RELATED— The Fastest Money You’ll Ever Make Step #1: Wait for the intersection of the 3 lines below Step #2: Place … Read more
Traders of Micron Technology Inc. stock options are ready for a bigger-than-usual move in the stock, in either direction, after the memory chip company reports earnings after Thursday’s closing bell. The stock lost 0.6%, and has tumbled 14% just this month, while a popular chip maker index, the PHLX Semiconductor Index has slipped 2.2% in … Read more
Enter our call of the day from Tony Greer, founder of TG Macro, who has a bearish message for the Twitter and Facebook faithful, and a sector that has definitely had its ebbs and flows. — TRENDING NOW— $330,000 per year trading part-time? Check Out This Video to Learn Jason’s 3 Simple Trading Patterns “It’s … Read more
The masters of the corporate-bond world believe one of their few remaining preserves is slipping away. But they’re not letting it go without a fight. Credit traders at some of the world’s largest banks are convinced hedge funds and brokers have penetrated their members-only club. The claim — based on interviews with more than 16 … Read more
The number of people applying for unemployment benefits in mid-September fell to the lowest level since November 1969. The numbers: The number of Americans who applied for unemployment benefits in mid-September fell to a fresh 49-year low, partly because of Hurricane Florence but mostly owing to a surging economy. — TRENDING NOW— $330,000 per year … Read more
There wasn’t a whole lot to get excited about today. With traders were still digesting tariff news, and stocks went nowhere. The S&P was slightly higher the Nasdaq was lower. The DOW led the major indices with a 0.6% gain, getting some help from financial stocks like Goldman Sachs (GS) was higher by 2.9% and JP Morgan (JPM) finished with a 2.9% gain as well. —- … Read more
Tariffs? What tariffs!!! Stocks bounced right back today, in spite of yesterday’s announcement that the U.S. will impose another round of tariffs on Chinese goods. —- IMPORTANT —- On October 24, 2018 Stansberry Research is hosting what could end up being one of the largest online events of all time. It’s a night filled with money-making … Read more