Stocks finished mixed after a rough start this morning. The major indices began the day with small losses then continued to slide. About an hour into the day, the selling slowed and stocks traded sideways. After a choppy lunch, we saw a small rally early afternoon. This helped stocks recover some of the losses from the morning. At … Read more
Following a couple of days of inactivity when markets made very little movements in either direction the slow recovery has continued. Market capitalization is creeping back towards $240 billion, its highest level for almost a month. Bitcoin has made another 1.2% on the day to trade at $7,380 with one big green hourly candle last … Read more
Sudden, severe stock sell-offs sparked by lightning-fast machines. Unprecedented actions by central banks to shore up asset prices. Social unrest not seen in the U.S. in half a century. That’s how J.P. Morgan Chase’s head quant, Marko Kolanovic, envisions the next financial crisis. The forces that have transformed markets in the last decade, namely the … Read more
Stocks struggled during the first trading day of September. But things could have been worse. After a weak start and mid-day sell-off, stocks bounced back and erased most of the day’s early losses. Trade was in the spotlight again, after President Trump shared some negative comments about NAFTA over the weekend. The President tweeted that there’s … Read more
Stocks fell on Tuesday as trade tensions between the U.S. and key partners increased to start off the one of the toughest parts of the year for equity investors. The Dow Jones Industrial Average declined 150 points with Nike and Verizon underperforming. The S&P 500 pulled back 0.5 percent with telecom and tech lagging. The … Read more
The cryptocurrency industry has undoubtedly had its fair share of naysayers, with many critics of blockchain-based assets claiming that Bitcoin, Ethereum, and altcoins are nothing more than fads, which are set to fail in a few months time. And while critical onlookers bombard the cryptosphere with misbeliefs on a near-daily basis, many experts within the … Read more
A majority of mainland Chinese investors expect the battered local stock market to rise over the next 12 months, according to a J.P. Morgan Asset Management survey released Monday. The Shanghai composite is one of the worst performing stock indexes in the world this year. In June, the index fell 20 percent from a recent … Read more
It was quite a week last week! And it was all about trade. Although talks between the U.S. and China have hit a roadblock, things seem to be going well with Mexico and Canada. — TRENDING NOW— FREE STOCK TRADING WEBINAR Experienced Biotech stock investor, Kyle Dennis, will be showing you 3 easy-to-follow steps that … Read more
Today it was all about Apple and the Fed. Stocks kicked off the first trading day of August with gains, as Apple rallied on better than expected earnings. But after the strong start, the major indices pulled back ahead of the FOMC Statement. Released at 2pm ET, the Fed decided to keep rates unchanged. The Fed also … Read more
Stocks caught a break on the last trading day of July, snapping a 3-day losing streak. The major indices were slightly higher at the open, then worked their way higher after reports that the U.S. and China are working towards trade talks. Although the NASDAQ has had a tough time since making record highs last week, July ended up … Read more