Trading News
Latest trends and news in the trading world.
REUTERS: What did eight weeks and $3 trillion buy the U.S. in the fight against coronavirus?
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...
MARKETWATCH: The S&P 500 set to close above key Fibonacci retracement level
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...
MARKETWATCH: ‘Asset prices remain vulnerable to significant price declines should the pandemic take an unexpected course,’ says Fed
'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 financial markets in...
THESTREET: 12 Earnings Reports to Watch This Week
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...
BARRON’S: Justice Department, State Attorneys General Poised to Hit Google With Antitrust Lawsuits
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:...
BARRON’S: The S&P 500 Was Stopped in Its Tracks Last Week. Here’s Why Another Drop Could Be in the Offing.
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 Apple...
Fed Warns of Significant Hit to Asset Prices If Crisis Grows
finance.yahoo.com/news/fed-warns-significant-hit-asset-200000518.html
Fed Warns of Significant Hit to Asset Prices If Crisis Grows
finance.yahoo.com/news/fed-warns-significant-hit-asset-200000518.html
CNN BUSINESS: Prices are tumbling at an alarming rate
Prices are tumbling at an alarming ratePrices are tumbling in America as the coronavirus lockdown drags on and people spend less.Read in CNN Business: https://apple.news/Apgbar2vzRTuBLU1wS8wwMgShared from Apple News
BARRON’S: The Dow Can’t Hang On — and REITs Are Getting Crushed
The Dow Can’t Hang On — and REITs Are Getting Crushed“Seeing one or two sectors move in one direction while the others veer off course could be troublesome,” says one technical analyst.Read in Barron's: https://apple.news/AQvSUCbz4RkevfImaN-rspQShared from Apple...
CNN BUSINESS: Prices are tumbling at an alarming rate
Prices are tumbling at an alarming ratePrices are tumbling in America as the coronavirus lockdown drags on and people spend less.Read in CNN Business: https://apple.news/Apgbar2vzRTuBLU1wS8wwMgShared from Apple News
By Chris VermeulenStock Markets18 hours ago (May 10, 2020 12:07AM ET) 8 Chris Vermeulen Chris Vermeulen Articles (726) My Homepage Follow Many months ago, our research team suggested any future collapse in the global markets would likely prompt a global capital shift in how capital identifies and is deployed for ROI. We’ve continued to suggest that the more mature, global economies will become beneficiaries of any massive global collapse event and that capital will actively seek out security and safety while attempt to attain moderate returns. In 2019, we predicted a major Super-Cycle event would take place on or near August 19, 2019. We believed this event would prompt a major downside price rotation that would prompt a shift in how capital is deployed throughout the world’s financial markets. At that time, and still, we believe a long-term price cycle event is taking place which will prompt a deeper price bottom event that will likely complete near August or September 2020
https://www.investing.com/analysis/us-stock-prices-are-ignoring-the-economic-meltdown-wait-for-it-200524140