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07/08/2020

Hot Momentum Stocks to Trade Today

It’s hard to trade stocks when they are at (or near) their all time highs. Sometimes it’s hard to see stocks continuing to rise into unseen levels. But, if you had that mindset three weeks ago, you would’ve missed out on some serious gains.
07/08/2020

Will Optimism Undermine the Economic Recovery?

Global markets are conflicted this morning as concerns over the pandemic rise, exhausting almost all the buying enthusiasm that’s recently pushed prices higher.
07/08/2020

Market Update: Wednesday, July 8, 2020

U.S. markets were sluggish throughout the first half of action on Wednesday as the major indexes traded on both sides of the ledger and in tight ranges. News that President Trump said Americans can look forward to another round of stimulus checks before the end of the year was offset by the continuing rise in coronavirus cases.
07/07/2020

Are You Prepared for a Recession?

Right now, the U.S. economy is teetering between being able to support itself and taking a major dip. With all the madness going on in the world (and markets), I keep hearing friends and colleagues ask themselves if they’re prepared for a recession.
07/07/2020

How to Play China Stock Market Surge

Cases of the virus have been continuing to increase and the economic forecasts outlook has been revised lower by the banks again…
07/07/2020

If You’re Trading the Nasdaq… Watch Out

Despite an overnight rally in tech shares and the Nasdaq hitting another all-time high, global markets slipped this morning as the pandemic dimmed hopes for a worldwide recovery.
07/07/2020

Market Update: Tuesday, July 7, 2020

U.S. markets opened lower to start Tuesday’s session as persistent concern over rising coronavirus cases and a retrenchment in reopenings weighed on sentiment. Optimism over the growth outlook was back under renewed pressure, as the surge in infections continues to hamper reopenings with California, Florida and Texas pulling back on their opening processes.
07/06/2020

Stocks Rise Despite Climbing Virus Cases

Global markets and U.S. shares are on the rise this morning as investors disregard the surge in new virus cases in heavily populated areas around the world, choosing instead to set their sights on an economic recovery.
07/06/2020

Market Update: Monday, July 6, 2020

U.S. markets closed higher on Monday following a 3-day weekend as Wall Street prepares for a light opening to 2Q earnings and the official start coming next week with the Financial sector. Better-than expected economic news and merger & acquisition headlines helped pushed the major indexes towards early and mid-June resistance levels.
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