Dow makes stunning comeback, recovering nearly all of 471-point plunge on hope trade deal not dead

May 6, 2019 By: adminbackup

...

Continue reading >>

With Trump threatening to tighten the trade screws, here’s a look at what tariffs have done so far

By: adminbackup

...

Continue reading >>

Bulls Battle Back but VIX Holds 15

By: adminbackup

U.S. markets opened Monday’s session with substantial losses following a weekend tweet from President Trump that trade talks with China are moving too slowly and that he plans on raising tariffs to 25% this Friday. The unexpected news hit the major indexes with losses well north of 1% before a quick rebound recovered half the losses roughly an hour later.​The rest of the session was mostly...

Continue reading >>

Analyst Claims the Bitcoin Bear Market is Likely Over as Bullish News Abounds

May 5, 2019 By: adminbackup

After a relatively long period of choppy trading within the lower-$5,000 region, Bitcoin (BTC) has finally incurred another influx of buying pressure that has allowed it to surge higher, with the key resistance level of $6,000 looming just over the horizon. Now, one prominent analyst who has called previous Bitcoin crashes believes that the cryptocurrency is currently in the midst of a...

Continue reading >>

Tesla could go even higher than our $4,000 price target, says fund manager Cathie Wood

By: adminbackup

...

Continue reading >>

Small-Caps Breakout Above the 1,600 Level

By: adminbackup

U.S. markets showed strength throughout Friday while closing near session highs following a surprisingly strong jobs report. The small-caps and Tech led the way higher while the Transports also had an especially strong day which was another positive sign for the market.The gains help offset two days of selling pressure with the major averages closing mostly higher for the week, excluding the...

Continue reading >>