The market closed yesterday after notching its best quarter since 1987. The New York Stock Exchange (NYSE) showed remarkable resilience after enduring a historic sell-off triggered by the coronavirus. The Dow gained nearly 18% in…
Stock Market Shatters Another Record
Big tech stocks Amazon, Apple, Facebook, and Microsoft, all hit record highs by the time the New York Stock Exchange closed at 4:00 pm. The rally is the most definitive proof that tech stocks have…
Three Personal Finance Courses to Navigate the Coronavirus…
The coronavirus pandemic has shrouded the economy in a veil of uncertainty. A volatile market and an unemployment rate that's higher than since the Great Depression has left millions of Americans wondering how they can…
Stocks Surge Despite Historic News
Stocks rallied Friday, despite a historic low in the nation's labor force participation rate as positive news about the economic reopening and revival overshadowed unemployment numbers. (fox10phoenix.com) The Dow Jones Industrial Average gained 330 points,…
Investors Bet Big on Economy Reopening
U.S. stock futures jumped this morning as investors bet on the economy reopening. The news follows two positive sessions in stock exchanges throughout the world. (CNBC) Dow futures were up about 0.9% and indicated opening…
Bezos Urges Patience for Investors
Amazon CEO Jeff Bezos told investors in a conference call outlining his company's Q1 2020 earnings report that they may "want to take a seat." The advice isn't uncommon for shareholders who know Bezos stresses…
Trump Weighs China Investing Ban
President Trump is weighing his options for punishing the Chinese government for its handling of the 2019-2020 coronavirus pandemic. Among the possible retaliatory measures include punishing tariffs and an investing ban. (Forbes) The latest are…
Remember This When the Market Plays Dead
Former hedge fund manager and television personality Jim Cramer has some advice for investors in these unpredictable times: all things being equal, stock-picking trumps traditional index investing now. The host of CNBC's "Mad Money" elaborated…
Top Strategist Gives Markets an Upgrade
After taking a beating over the coronavirus, the worst may be over for the stock market, at least according to one top analyst. (CNBC) Ned Davis Research's Ed Clissold, who turned cautious on March 10,…