Markets
Stocks Hold a Key Level Again as the Economy Reopens

Stocks Hold a Key Level Again as the Economy Reopens

Stocks fell last week but held a key level. Attention will now focus on the economy reopening for Memorial Day. The S&P 500 initially tried to rally, only to fall on bearish comments from Dr. Anthony Fauci and Federal Reserve Chair Jerome Powell. At one point it...

Bitcoin Plunges and Recovers Amid Halving

Bitcoin Plunges and Recovers Amid Halving

Summary Bitcoin (BTC) sank 20% as the halving approached, then quickly recovered.BTC price rebounded as investors saw the halving as having a limited impact on the mining network. Market Trends This Week Bitcoin (BTC) completed the much-anticipated halving event on...

Tech Keeps Beating Estimates as Lockdown Drives Growth: Earnings This Week

Tech Keeps Beating Estimates as Lockdown Drives Growth: Earnings This Week

Technology stocks continue to lead a small group of companies doing well amid the coronavirus lockdown. Cisco Systems (CSCO), Square (SQ), Logitech (LOGI) and Datadog (DDOG) all reported strong quarterly results over the last week. Several are direct beneficiaries of...

Worried About a Pullback? Here Are Three Go-To Options Strategies

Worried About a Pullback? Here Are Three Go-To Options Strategies

Sentiment has turned more negative this week as investors worry the economy will keep struggling with coronavirus. Let's consider some ways to protect your investments with options. Managing Risk with Collars The first strategy is known as a collar. Say you purchased...

Why Interest Rates and Treasury Bonds Could Be the Next Big Things to Watch

Why Interest Rates and Treasury Bonds Could Be the Next Big Things to Watch

Interest rates crashed to record lows because of coronavirus. But will they stay there? The U.S. Treasury Department is preparing to flood the market with new bonds as it pays for trillions of dollars in stimulus. Several economic reports this week could also have an...

Stocks Rally on Strong Breadth, Hopes for Lockdown Ending

Stocks Rally on Strong Breadth, Hopes for Lockdown Ending

Stocks rallied last week on signs of the coronavirus crisis winding down. The S&P 500 began on a weak footing but held a key level from last summer. The index then turned higher and ended up 3.5 percent, its first positive week in the last three. More than...

Bitcoin Maintains Strong Bid as Halving Looms

Bitcoin Maintains Strong Bid as Halving Looms

Summary Bitcoin (BTC) soared 15% on the week as the BTC halving approaches.BTC investors will be watching the psychologically important $10,000 level. Market Trends This Week Bitcoin (BTC) took on a glass-half-full view this week as cryptocurrency investors await the...

Three Big Things to Watch After the Market’s Historic April Surge

Three Big Things to Watch After the Market’s Historic April Surge

Stocks declined again last week as three big questions plagued the market. The S&P 500 slipped 0.2 percent between Friday, April 24, and Friday May 1. Despite dropping for the second straight week, the index still rose 12.7 percent in April. It was the biggest...