May 18, 2020
What did eight weeks and $3 trillion buy the U.S. in the fight against coronavirus?Unemployment checks are flowing, $490 billion has been shipped to small businesses, and the U.S. Federal Reserve has put about $2.5 trillion and counting behind domestic and global...
May 18, 2020
The S&P 500 set to close above key Fibonacci retracement levelThe S&P 500 is surging 3.3% in afternoon trading, and is headed for the highest close since March 6, which was before COVID-19 was declared a pandemic by the World Health Organization. More...
May 16, 2020
‘Asset prices remain vulnerable to significant price declines should the pandemic take an unexpected course,’ says FedThe markets are vulnerable to a pullback, said the Federal Reserve in the central bank’s most recent account of the health of the...
May 16, 2020
12 Earnings Reports to Watch This WeekEarnings for top companies are reporting their quarterly financials this week including Nvidia stock, Home Depot stock, Walmart stock, and Alibaba stock.Read in TheStreet: https://apple.news/A7iQbRY5wRyWyxSGEmWzrEwShared from...
May 16, 2020
Justice Department, State Attorneys General Poised to Hit Google With Antitrust LawsuitsAlphabet shares drop 2% in extended trading after report that antitrust charges are likely and could arrive as soon as summerRead in Barron’s:...
May 16, 2020
The S&P 500 Was Stopped in Its Tracks Last Week. Here’s Why Another Drop Could Be in the Offing.A new stimulus package is needed to help support the market. Here’s how far it could fall.Read in Barron’s: https://apple.news/Al3fUhFA6Q8mwjsnveZMSJgShared from...
