Since the last update we have seen significant technical improvement, even if the indices registered losses over the last couple of days.
The Treasury market continues to downgrade US inflation expectations, which suggests that the case is strengthening for a rate cut by the Federal Reserve.
Markets opened lower on Wednesday as earlier highs this month faded.
This looks like the beginning of the annual summertime sideways phase the market often experiences.
For the last six weeks or so, the “Cut Rates Now” Choir has been building toward some kind of roof-shaking crescendo.
Last week, I discussed the Fed’s recent comments suggesting they might be closer to cutting rates and restarting “QE” than not.
In the week ending June 8, the advance figure for seasonally adjusted initial claims was 222,000, an increase of 3,000 from the previous week’s revised level.
U.S. cannabis stocks have been in correction mode over the last few weeks, but their Canadian rivals have been holding their own. One of the best-performing Canadian cannabis stocks in 2019 has been Neptune Wellness Solutions Inc (NASDAQ:NEPT).
I see a similar dynamic in the mining sector … and it gives us the opportunity to buy mining companies that are more like the Nigerian soccer team: The ride is fun to watch, and the win is exciting.
Never mind that China is the talk of the world, right now, what with the U.S.-China trade war in full swing, I’ve talked a lot about China’s overbuilding bonanza since the 1980s… and especially since 2000 with total debt exploding 64 times since.
Regardless though of what the stock has done in the past, anyone considering investing in Tesla today should be cautious and try to limit their risk as much as possible.
Economic and political risks appear to be rising, but the global stock market remains resilient in terms of maintaining a strong year-to-date performance, based on an exchange-traded fund.
Markets got off to a positive start on Tuesday, with the Dow moving higher as it extended into its seventh-day winning streak.
Typically at this time of the year, first half of June, NASDAQ and Russell 2000 are often leading DJIA and S&P 500.
Is Coffee about to perk up and rally? An important breakout test in a downtrend is near!
In effect, the Fed has been trying to increase inflation, operating at the macro level. But what does inflation mean at the micro level — specifically to your household?
Investors ran for cover back in November when Asure Software Inc (NASDAQ:ASUR) announced mixed third-quarter financial results, notably increased net loss, and the company revised its full-year guidance lower.
Once again, Gold has rallied up to the wall of resistance in the $1350 to $1375 region.
The price of gold ran higher eight days in a row before today’s interventionist price smack.
Beyond Meat is the financial markets’ model of a true blockbuster stock – if they can keep it up.
Last week I promised to the reader who commented on the dollar index’s strength under my silver post, that I would write a separate piece about the king currency.
And that, simply put, is the key to what I call “The Big I” — innovation — which is the secret to picking the next superstar stock.
The growing retirement continues to be a major focus here at PeakProsperity.com.
Recent volatility in US economic indicators has trimmed the outlook for the upcoming second-quarter GDP report (due at the end of July), but the current estimates show a degree of stability after a period of downgrades.
Markets had a fantastic day on Monday on news that U.S. gave up plans to impose tariffs on Mexico, along with the hope that the U.S. and China will soon come to some resolution regarding tariffs.