The market closed lower on Friday, notching a third-straight weekly loss excluding the small-caps, amid uncertainty about a fresh round of fiscal stimulus from Washington. Weaker-than-expected economic news and concerns about tensions between the U.S. and China also weighed on sentiment. The choppy trading action also marked quadruple witching and happens on the third Friday of every March,...
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Continue reading >>The market closed lower Tuesday with the major averages pulling back for the first time in three sessions after trading in tight ranges. Continued good news from the housing market propelled the opening gains before nervousness ahead of the first presidential debate and the November election caused some nervousness.The event is not much of a market mover, however, as the average pullback for...
Continue reading >>The sports betting boom is well under way. Helping, investors say more than half of the country could offer legal sports betting, fueling an even bigger boom – and creating a multi-billion-dollar opportunity. One is DraftKings (DKNG), which we’ve highlighted in a Chart of Day. Another is Penn National Gaming (PENN), which we highlighted a well. A third way to trade the boom is with William...
Continue reading >>The market closed lower Tuesday with the major averages pulling back for the first time in three sessions after trading in tight ranges. Continued good news from the housing market propelled the opening gains before nervousness ahead of the first presidential debate and the November election caused some nervousness.The event is not much of a market mover, however, as the average pullback for...
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