Gold, silver rally, but stocks still mostly in the Monday doldrums
Gold and silver and their respective ETFs continued to rally Monday, adding some actual luster to their recent resurrection in value.
Business and Money
NASDAQ recovery continues? Surprise stock market rally, Day 2
The tech-heavy NASDAQ recovery continued Friday. That average closed up an impressive 2.32%, chalking up a whopping 304.99 point gain.
Permabulls, stock market dip-buyers mount surprise Thursday rally
What accounts for Wall Street's surprise Thursday rally remains elusive. What isn't elusive? The enthusiasm of permabulls and dip-buyers.
Biden Administration MIA? Stocks implode as disasters run amok
The Biden Administration continues to be MIA. Evidence? Mr Market’s all-encompassing, rolling disaster continued for a second day Wednesday.
Tech slaughter continues, stocks tank in wild Tuesday Wall Street action
Monday's late tech slaughter continued Tuesday. Tech stocks cratered, causing much of the market to tank along with them.
US to endorse waiving Covid vaccine patents. Pfizer, Moderna shares hit
Wednesday, Washington endorsed waiving the Covid vaccine patents (intellectual property) of Pfizer, Moderna and Johnson & Johnson.
Big bad bears take Mr Market to the Wall Street woodshed Tuesday
Mr Market cowered behind the woodshed Tuesday morning, as the street's big bad bears administered a seemingly nonstop beating.
Verizon finally dumps failed Yahoo and AOL holdings. Elsewhere, stocks soar
Monday's big story was the confirmation by Verizon (NYSE:VZ) that it decided to sell its boat-anchor investments in Yahoo and AOL.
Maskerade party finally over in the US? Wall Street yawns, stocks droop
The CDC announces the end (more or less) of America's useless ‘maskerade’ party. Stocks yawn, as current rally looks increasingly extended.
‘Stocks puke’: ZeroHedge. Why? ‘Biden’s Capital Gains Tax Reality Strikes’
Today's top ZeroHedge headline tells it all. "Stocks Puke As Biden's Capital Gains Tax Reality Strikes." Anyone miss Trump yet?
Confused US investors keep stock analysts and companies guessing
The ongoing bungee-jumping sentiment of confused US investors continues to keep stock analysts and corporate CFOs guessing.
US stocks get hammered Tuesday as WHO pushes new Covid terror tales
Tuesday afternoon investors watched US stocks get hammered as WHO's Covid terror report kicked economic recovery plans in the teeth.
Johnson and Johnson Covid-19 shot remains suspended by Feds
The administration of the Johnson and Johnson Covid-19 shot remains temporarily halted by the government pending further study.
Amazon efforts defeat Alabama union vote. Union to challenge results
The Amazon efforts in the Alabama union vote battle seem to have won it decisively, despite vigorous efforts by well-funded union organizers.
Dow, S&P 500 mount surreal pre-Easter rally Thursday, NASDAQ pops
All three major averages closed at or near 2021 highs during this week's late, pre-Easter rally. Even the troubled NASDAQ popped.
2021: Wall Street’s Year of the Swashbuckling Jackasses
2021, already notable for America’s first dementia-addled non-president, could become Wall Street’s Year of the Swashbuckling Jackasses.
US stocks sharply higher Friday, boosted by Suez Canal traffic jam
The Suez Canal traffic jam injected some new life into the wavering energy sector, helping drive US stocks higher Friday.
U.S. stocks rally, then tank Wednesday. Suez mishap influences oil shares
U.S. stocks tanked Wednesday, look wobbly Thursday. Meanwhile, a giant wedged-in container ship blocks the Suez canal, halting oil transport.
Fed SLR exemption to expire March 31, 2021. Mr Market has hissy fit
Washington confirmed that last spring's accommodative Fed SLR exemption would expire on schedule on March 31. Investors threw a fit.
March quadruple witching, interest rates haunt Thursday stock action
WASHINGTON – Thursday’s seemingly moderate market gloomfest promptly bumped Wednesday afternoon’s positive, post-FOMC party back to square one. One reason: Wednesday’s benign interest rate environment did an about face Thursday, kicking the 10-year Treasury quote up to current record levels. In addition, that always volatile March quarter quadruple witching phenomenon, happening tomorrow, also looms, threatening ...