Trump-China Syndrome, increasingly blatant and frantic Deep State efforts to remove President Trump from office, and the Fed’s pathological fear of inflation were just too much for this market. Bear market warning flags now fly all over commonly followed stock charts, indexes and averages.
Hopefully, the younger set has now gotten that kind of nonsense out of their investing systems. Yeah, “smart” arrogant millennials like SNAP CEO and co-founder Evan Spiegel can make dumb mistakes too.
As we conclude this piece, the NASDAQ is once again attempting to rise from the dead. But we'll believe in tech again when it can continue to rise for several trading days in a row. So far we're still waiting.
Like many startup industries – take personal computers, for example – publicly traded cannabis-based companies and ETFs alike are inherently high risk.
Markets ignored the past week's stream of generally much-improved earnings reports. They’ve chosen instead to fixate on the inevitable breaching of the dreaded 3 percent yield on the U.S. ten year bond, something that’s just occurred.
Gaetano Donizetti’s tragic opera Lucia di Lammermoor is one of the greatest achievements in the genre. The Virginia Opera’s excellent production of this masterwork, recently staged at George Mason University’s Center for the Arts, proved that point again.
American administrations allowed the Marshall Plan Ghost to color this country’s relatively passive approach to China’s current economic predations. A casual glance at today’s China clearly indicates that this growing economic, political and military giant no longer needs our largess.
But amid the endless hype extolling the virtues of autonomous vehicles (that don't yet exist), a more important question might be: Who the hell wants, needs or might even consider buying one?
Your official Income tax filing day this year, aka Tax Day 2018, is April 17, 2018. But don't thank us. Thank the District of Columbia's official Emancipation Day holiday.
Both the open borders problem and the illegal alien issue returned this month to brutalize U.S. stock averages.
Serious saber rattling by President Trump denouncing the latest Syrian chemical warfare outrage, put the kibosh stocks in Wednesday trading action.
Instead of following through on Monday’s disheartening late-inning fizzle by tanking at the opening bell, stocks chose to rocket ahead Tuesday, igniting another massive rally. The reason? Chinese President-for-life Xi says he’ll “open” China wider to international business.
Traders and investors alike were shell-shocked at Friday’s closing bell on Wall Street. The Dow plunged nearly 3 percent on the day, and the S&P 500 and NASDAQ got pounded almost as badly.
Today’s latest stock market plunge is already being attributed to Trump’s latest threat to impose even more tariffs against the Chi-coms.
Clearly, nearly any stock small investors buy in this kind of environment could turn against them within minutes after purchase confirmation.
All three major market averages are off over 2 percent during the Monday massacre thus far, while the NASDAQ, suffering from an ongoing, waterfall decline in techs, is off close to 3 percent at the moment.
Today’s know-all, see-all MSM poseurs merely pretend to know everything about Christianity and the Resurrection. Yet they know nothing at all. Behind the scenes in real life, they regard Christianity as a silly, malleable mythology that’s confined to “bitter clingers” and “deplorables.”
Logically, we now turn to the crucial matter of making stock portfolio repairs. If we're successful, we should be able to profitably ride out the slings and arrows of a volatile Q2 2018.
Many of our brilliant trading moves in 2017 suddenly turned to ashes in February 2018. Whether we come out as bullish or bearish, as our Southern friends like to say, our portfolios sure need fixed in either case.
No one is totally sure why the Good Friday trading halt became the tradition it is today. But most who’ve looked into its history at least a little sense it’s due in part to the confluence of the Christian Easter holiday seasons and the Jewish Passover. Both occur at roughly the same time each year.