News regarding the U.S. pulling out of the Iran deal looks to be putting some volatility back into the market as investors take some risk off the table and try to make sense of the news. Should we be more on the defense as we look for a our top stock trades going into Wednesday … Read more
Bitcoin’s winter price peak and subsequent decline coincided with the introduction of bitcoin futures trading on the Chicago Mercantile Exchange. A team of researchers doesn’t think it was a coincidence. Galina Hale, Arvind Krishnamurthy, Marianna Kudlyak and Patrick Shultz — economic researchers writing for the Federal Reserve Bank of San Francisco — claim in a … Read more
After nearly a decade of underperformance, hedge funds are actually faring better than the stock market in 2018. Thanks to higher volatility, the rally in energy prices and some well-placed bets in fixed income, managers in the $3.2 trillion hedge fund industry posted a 0.38 percent gain in April that brings the total return for … Read more
The United States had a record 6.6 million job openings at the end of March. That’s the most since the Labor Department started keeping track in 2000. In addition, the number of new hires fell by 86,000 in March to 5.4 million, reflecting that businesses aren’t finding the right candidates for available jobs. Taken together, … Read more
Stocks were off to the races early on today. Apple (AAPL) was trading at record highs and the major indices were sitting on some nice gains at the open. But after the strong start, things quieted down, and the major indices were sideways until late afternoon. Stocks were finally moving again after President Trump tweeted that he will announce … Read more
With the Fed Statement on Wednesday and the Jobs Report on Friday, there was a lot of news to digest this past week. Looking back on the week, stocks started with a loss on Monday. On Tuesday, the major indices were down early but ended the day with small gains. On Wednesday, trading was sideways until the Fed Statement. There … Read more
Trading got off to a rough start today as a sell-off in the morning took the S&P below its 200-day moving average. After crossing this key technical support level, the S&P continued to slide and was down 1.5%. Just when it looked like it was only going to get worse, the S&P found support and a mid-day … Read more
All eyes were on Apple (AAPL) after yesterday’s impressive earnings report. During yesterday’s earnings release, Apple announced better than expected Q1 results, raised profit expectations, increased its stock buyback program and raised its dividend by 16%. Apple jumped at the open and eventually finished the day with a 4.4% gain. Although Apple was on the move this … Read more
Trading got off to a nice start today. The major indices were higher at the open and traded sideways for most of the morning. But after a sell-off midday and a slide into the close, stocks couldn’t recover. Although the major indices finished the day lower, they managed to cling to positive territory for the month. … Read more
Lately I’ve been telling you about how setting up your own Amazon business can help fund your trading account. Some people believe that if you want to be a successful Amazon seller, you have to live in the US, Canada, or the UK… That’s because these are the countries with the most technological and competitive … Read more