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Federal Reserve policymakers don’t seem too concerned about inflation, even as Congress debates adding another $1.9 trillion in fiscal stimulus.Tom Barkin, President of the Richmond Fed, said in...
Stocks on Wall Street inched up on Friday, with the major averages ending at new all-time highs in anticipation of additional fiscal aid from Washington to help the U.S. economy recover.The NASDAQ...
With the majority of earning reports out of the way, investors are likely to now focus their attention on a possible Congressional deal on a new stimulus package.Analysts expect a bigger spending...
From energy to metals and agriculture, China is setting global commodity markets alight. Demand from the economy that is leading the world in beating the coronavirus is soaring. Topping the gains in...
The price of silver has been trading at multi-year highs. It is approximately $27 an ounce at the time of writing. Market volatility over the past year initially catapulted gold, an asset regarded as...
Almost a year ago, in mid-February 2020, broader markets stalled and went into freefall in a matter of weeks as COVID-19 became a global pandemic. Then came the rally that took many stocks to record...
Reflation trade unwinds following weak US CPI Twitter nears all-time high Oil takes a breather Key EventsUS contracts on the Dow, S&P, NASDAQ and Russell 2000 as well as global stocks crept...
Volatile weather forecasts are keeping natural gas traders on the edge as predicting storage draws for heating gets trickier by the week.Little about this winter has been normal, from the slow arrival...
Reports Q1 2021 earnings on Thursday, Feb. 11, after the close Revenue Expectation: $15.91B EPS Expectation: -$0.327 The Walt Disney Co. (NYSE:DIS) is forecast to report its third consecutive...
Bitcoin jumped over 20% on Monday after Tesla’s most recent SEC filings revealed the electric car maker had purchased $1.5 billion worth of the cryptocurrency. The Palo Alto-based EV...
“Covered calls on Apple (NASDAQ:AAPL)” was the theme we discussed in detail last week. In the earlier post, we noted that buying 100 shares of Apple would cost around $13,500, a...
Markets debate the likelihood of rising inflation Dollar rebounds from further losses Gold confirms resistance Key EventsGlobal equities extended their rally for an eighth straight session on...
Growth stocks have been one of the catalysts of the recent rally in global stock markets. A growth stock typically increases revenue and earnings at a faster rate than its peers. They tend to operate...
As this year’s best-performing edible commodity, corn has barely taken a break from its marathon gains since May 2020. While some consolidation over the past two weeks has longs wondering...
It seems as if oil supermajor ExxonMobil (NYSE:XOM) is winning back investor confidence in the wake of the devastating year that was 2020. Its stock has gained more than 50% during the past three...
Based on the chart, which showed a price surge of 22% in just three sessions, one might have thought the asset depicted was Bitcoin. Surprisingly, the spike—from the low on Jan. 28 to the high...
After record closes, US futures are trading lower Bitcoin surged on news Tesla purchased $1.5 billion of the cryptocurrency The dollar is falling for the third day, Key EventsFutures for the...