By Mike Larson On May 23, 201807:55 AM Eastern
It’s been raining for days here in South Florida. Many, many days. Heck, I half expect to wake up and see an ark floating past our house soon. So, maybe it’s not surprising I’m thinking of rot....
By Jon D. Markman On May 23, 201805:00 AM Eastern
Stocks opened the Tuesday session with a happy skip in their step, but as the day wore on, the field was swarmed by determined, daring bears who would have none of that.
The close was ugly and...
By Jon D. Markman On May 22, 201802:51 PM Eastern
Stocks were trading out of sync again on Tuesday, with the mega-cap companies in the Dow Jones Industrials and the small-caps in the Russell 2000 lower while the Nasdaq 100 was on the move higher...
By Sean Brodrick On May 22, 201802:27 PM Eastern
Your positions in Devon Energy (NYSE: DVN) and Gulfport Energy Corp. (Nasdaq: GPOR) continue to do well. We’re going to aim for a trifecta by adding a third oil-leveraged position today.
First,...
The Federal Reserve and other U.S. banking regulators are getting ready to water down the Volcker Rule.
Reason: They want to make it easier for megabanks to take big risks with other people’s...
By Jon D. Markman On May 22, 201805:12 AM Eastern
Stocks broke higher on Monday, sending the Dow Jones Industrial Average above the 25,000 level for the first time since March. The Russell 2000 hit a new record for the fourth straight day, thanks...
By Jon D. Markman On May 21, 201803:26 PM Eastern
Stocks jumped on Monday, led by industrials, as threat of a trade war with China ebbed. The Dow Jones Industrial Average jumped 314 points, or 1.3%, ripping above 25,000 for the first time since...
By Tony Sagami On May 21, 201808:55 AM Eastern
If you were working for one of the most profitable investment banks in the world and got a big fat raise, you’d probably be jumping for joy.
Not Chris Matta, a freshly appointed vice president...
By Martin D. Weiss, Ph.D. On May 21, 201807:55 AM Eastern
Some people think banking crises are purely a thing of the past. Others fear the next crisis will be like the last one — a repeat of 2008. We envision a third, very different scenario, which...
By Jon D. Markman On May 21, 201806:25 AM Eastern
Stocks were range-bound last Friday, as big caps drifted around the unchanged line, while small caps continued their recent bout of out-performance, rising to their third consecutive record...