Today traders were focused on tariffs (again). Traders had their fingers crossed early on, hoping for some positive trade news. But this optimism quickly faded after China threatened to turn down the recent offer by the U.S. to resume trade talks. China said they would not negotiate with a “gun pointed to its head.” — … Read more
Stocks were all over the place last week. The NASDAQ led the major indices and was also the most volatile – flip-flopping between wins and losses throughout the week. It was interesting to see that the major indices weren’t trading in harmony throughout the week (ending days mixed with both gains and losses). But the S&P looked pretty strong, closing higher … Read more
Earlier this week, the crypto market seemed to be initiating a strong corrective rally, as Bitcoin breezed past $6,500. However, in the past 24 hours, the crypto market demonstrated a slight decline in value from $204 billion to $198 billion, as small market cap cryptocurrencies and tokens struggled to maintain momentum. While the crypto market … Read more
Nobel laureate Robert Shiller thinks investors ought to ignore the recent burst in corporate profits and focus on longer-term valuation, which he says carries foreboding news for the stock market. At a time when earnings are rising 25 percent a quarter, Shilller said that’s not indicative of what longer-term results in the market will be. … Read more
Stocks finished higher today, with traders focused on trade talks and inflation. Yesterday the U.S. reached out to China in an effort to resume trade talks, and today traders were optimistic after China welcomed the idea. — TRENDING NOW— $330,000 per year trading part-time? Check Out This Video to Learn Jason’s 3 Simple Trading Patterns Looking … Read more
The crypto market has demonstrated a short-term corrective rally in the past 24 hours, after major assets like Ethereum showed strong oversold conditions. — RELATED— The Fastest Money You’ll Ever Make Step #1: Wait for the intersection of the 3 lines below Step #2: Place one simple trade Step #3: Get a chance to see … Read more
Lindsey Bell, an investment strategist with CFRA Research, told CNNMoney editor-at-large Richard Quest on “Markets Now” Wednesday that in the next 12 months, the S&P 500 will grow by 7%. That’s only a slightly smaller increase than this year, she noted. Investors won’t get a better deal anywhere else. The yield on the 10-year Treasury … Read more
Tron is enjoying the greens of over 9% while adding liquidity through various exchange listings and getting into partnerships. Moreover, Tron network and its founder and CEO Justin Sun are also achieving milestones. Tron (TRX) in green while adding liquidity From September beginning when its price was at $0.0266 before dropping down to the $0.0094 … Read more
Today it was all about Apple, trade talks with China, and Hurricane Florence. Stocks got off to a rocky start this morning with the major indices dropping right after the open. Then after a brief move sideways, stocks jumped on reports that the U.S. reached out to China in an effort to resume trade talks. The S&P rallied almost … Read more
Stocks fell on Wednesday as a fall in chipmaker shares and lingering trade concerns dampened investor sentiment. The Nasdaq Composite dropped 1 percent, led by sharp declines in semiconductor shares and weakness in other major tech companies. The Dow Jones Industrial Average fell 26 points as Intel shares lagged. The S&P 500 pulled back 0.3 … Read more