Trading News
Latest trends and news in the trading world.
MarketWatch: The U.S. stock market melt-up has room to move higher, MKM says
The U.S. stock market melt-up has room to move higher, MKM saysU.S. stocks climbed to record highs on Friday on rising hopes of a trade agreement between the U.S. and China — but the records could keep coming.Read in MarketWatch:...
MarketWatch: U.S. stock market at record but farm bankruptcies at highest since 2011
U.S. stock market at record but farm bankruptcies at highest since 2011While U.S. stock market is soaring to new records, with the Dow Jones Industrial Average hitting 28,000 on Friday, farmers are having trouble paying their bills in the heart of America’s...
All news is good news when the market keeps ripping higher – The Wall Street Journal
All news is good news when the market keeps ripping higherThe Wall Street JournalThe inexorable logic of a late-stage bull market means future returns will be lower than in past, even if a recession can be avoided for now. Read the full storyShared from Apple News
Hong Kong confirms economy fell into recession amid protests, trade war – Reuters
Hong Kong confirms economy fell into recession amid protests, trade warReutersHong Kong sank into recession for the first time in a decade in the third quarter, government data confirmed on Friday, weighed down by increasingly violent anti-government protests and the...
Quick Thoughts On Volatility, Repo Market, Trade, Slowing Economy And New Highs
Quick Thoughts On Volatility, Repo Market, Trade, Slowing Economy And New Highs seekingalpha.com/article/4306746
70% of Americans say they are struggling financially – CBS News
70% of Americans say they are struggling financiallyCBS News"Income is not keeping pace with expenses," expert says in noting the prevalence of financial hardships Read the full storyShared from Apple News
About 55% of Wealthy Investors Are Bracing for a ‘Significant Drop’ in Stocks Before the End of 2020 – Barron’s
About 55% of Wealthy Investors Are Bracing for a ‘Significant Drop’ in Stocks Before the End of 2020Barron'sAccording to a recent survey produced by UBS Wealth Management of 3,400 high-net-worth investors with at least $1 million in assets. Read the full storyShared...
Walmart earnings beat estimates, shares rise on higher outlook ahead of holidays – CNBC
Walmart earnings beat estimates, shares rise on higher outlook ahead of holidaysCNBCA strong grocery business helped Walmart's online sales grow 41% in the third quarter, fueling an earnings beat. Read the full storyShared from Apple News
Tech Shares Lead Markets Lower – The Wall Street Journal
Tech Shares Lead Markets LowerThe Wall Street JournalU.S. stocks bobbed around the flat line, putting the market’s rally on hold, after a disappointing forecast from Cisco Systems pulled some other technology stocks lower. Read the full storyShared from Apple News
Fed Chair Powell: Negative interest rates “would certainly not be appropriate” – Yahoo Finance
Fed Chair Powell: Negative interest rates "would certainly not be appropriate"Yahoo FinanceA day after President Donald Trump bashed the Federal Reserve for not pushing interest rates negative, Fed Chairman Jerome Powell told Congress that "would certainly not be...
Powell speaks, inflation gauge, Cisco earnings: 3 things to watch for in the markets on Wednesday – CNBC
Powell speaks, inflation gauge, Cisco earnings: 3 things to watch for in the markets on WednesdayCNBCWe'll get a speech from Federal Reserve Chair Jerome Powell, October's Consumer Price Index data and Cisco earnings on Wednesday. Read the full storyShared from Apple...
MarketWatch: Trump’s agenda may be a double-edged sword for the U.S. and world economies
Trump’s agenda may be a double-edged sword for the U.S. and world economiesDonald Trump on Tuesday emphasized the successes of his economic agenda in speech in New York, that provided few insights on the status of U.S. - China trade talks, but the president’s approach...