Friday's employment report from the Department of Labor wasn't quite as ugly as expected, though it could be described as nothing less than disastrous all the same. The "loss" of 20.5 million jobs translated into an unemployment rate of 14.7%. Both were records. Yet, the bulk of those job losses weren't a case where there wasn't a job waiting for...
Friday's employment report from the Department of Labor wasn't quite as ugly as expected, though it could be described as nothing less than disastrous all the same. The "loss" of 20.5 million jobs translated into an unemployment rate of 14.7%. Both were records. Yet, the bulk of those job losses weren't a case where there wasn't a job waiting for...
Recently, we received a number of email messages and comments regarding our recent Bitcoin article and how we attempted to explain the market trend/technical analysis. It appears we were not making our interpretation very clear for our friends and followers. This article should help to clear up our interpretation of the major market trends and our advanced technical analysis tools...
Recently, we received a number of email messages and comments regarding our recent Bitcoin article and how we attempted to explain the market trend/technical analysis. It appears we were not making our interpretation very clear for our friends and followers. This article should help to clear up our interpretation of the major market trends and our advanced technical analysis tools...
Wednesday ended up being as wash, with the NASDAQ gaining ground while the S&P 500 lost it. But, all in all traders were likely glad to have a relatively tame (on balance) day that let them catch their breath. It's a chance to take a step back and look at the rally that's unfurled since the March 23rd low. It's...
Wednesday ended up being as wash, with the NASDAQ gaining ground while the S&P 500 lost it. But, all in all traders were likely glad to have a relatively tame (on balance) day that let them catch their breath. It's a chance to take a step back and look at the rally that's unfurled since the March 23rd low. It's...
What happens to the global markets when the US Fed begins to weaken stimulus activity and when the global markets must begin to function on their own? Are the global markets capable of sustaining current price levels without the Fed supporting them? A recent news article suggests the US Fed has drastically slashed stimulus activity over the past 5+ days. ...
What happens to the global markets when the US Fed begins to weaken stimulus activity and when the global markets must begin to function on their own? Are the global markets capable of sustaining current price levels without the Fed supporting them? A recent news article suggests the US Fed has drastically slashed stimulus activity over the past 5+ days. ...
Friday's stumble turned what would have been a winning week into a losing one, which was a disappointment to be sure. But, it's not a reason to panic yet. A little weakness now may ultimately be a good thing, letting stocks catch up with what's been relatively indiscriminate optimism. There's room for a little more selling, in fact, before stocks...
Friday's stumble turned what would have been a winning week into a losing one, which was a disappointment to be sure. But, it's not a reason to panic yet. A little weakness now may ultimately be a good thing, letting stocks catch up with what's been relatively indiscriminate optimism. There's room for a little more selling, in fact, before stocks...
