The Biden-McCarthy debt ceiling deal passed the Senate late last night and will move onto the President's desk, preventing what might have been a U.S. debt default. After a brief slowdown in the unstoppable, artificial intelligence-fueled advance of big tech, the sector is back in full force. Nvidia Corp. (NVDA) climbed roughly 5% on the […]
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Stock Market
The Market's Best Stocks to Buy (and How to Buy Them)
Whenever there's a strong rally, investors naturally fear that it's a bubble.
For the most part, Shah doesn't think it is, but he does see some froth in a red-hot sector right now.
He's not worried, though, because he'll show you how to easily avoid it.
Plus, he'll point to where he sees strength that far outweighs any bubble out there….
The Real Reason Robinhood Froze GME Buying - and Why It Matters
With GameStop shares sinking fast, the epic GME "Super Squeeze" is all very "last week."
Tell that to Congress and the regulators, though, who are making more noise than ever.
And that means we've still got some things to talk about, because Robinhood's role in all this and what could be coming in the aftermath have big implications for retail investors.
Shah explains why…
Brace for More Fear and Panic on Wall Street as Markets Tumble
Monday's stock market declines weren't unexpected, though the extent of losses was shocking.
Investors had been selling stocks for the previous two weeks on coronavirus fears, starting immediately after U.S. benchmark indexes made record highs on Feb. 12, 2020.
A "dead cat bounce" last week didn't fool seasoned traders, who saw huge inflows into U.S. Treasuries last week as a warning sign there was more equity selling to come.
As COVID-19 hotspots cropped up across the globe and infections rose along with fatalities in U.S. cities and states over the weekend, right on cue, sell orders flooded brokerages before markets even opened Monday morning.
So many sell orders in fact, markets couldn't open. Instantaneous and extraordinary selling knocked stocks "down limit," or 7%, at the open, triggering a "circuit breaker" halt to trading for 15 minutes.
After 15 minutes, exchanges let stocks trade again, and they fell another 1% before buyers, probably computer-driven algorithms, started buying beaten-down names like Microsoft and Amazon.
But buying volume was thin all day, and sellers more often overwhelmed attempts to lift stocks higher.
Stocks closed 144 points off their session lows of 2,158, ending down 2,013.76 points to 23,851.02. That's a 7.79% drop in one day and a 19.3% drop since Feb. 12.
Most evident in yesterday's carnage were the market's worst enemies: fear and panic. That tells me something about what I'm watching today… Full Story
3 Signs Point to a Potential Stock Market Crash Despite Record Highs
This year has been an absolute cash grab on Wall Street.
Since January, the Dow Jones Industrial Average has jumped nearly 19%.
Meanwhile, the S&P 500 is up 23% over the same period.
But there are still a few key signs that a stock market crash could be right around the corner.
After all, history's longest bull market is going on its 11th year – and it can only go so long.
Here's How the Markets Will React to a Trump Impeachment
Last week, congressional Democrats pulled the trigger on a formal Trump impeachment inquiry.
The two parties are on a collision course.
Investors all over the world are watching and wondering what a Trump impeachment means for their money.
Keith Fitz-Gerald is going to show you…
The Next Recession Is Already Here
If you were only to watch financial television, you would think that the U.S. economy is doing quite well.
But that’s not exactly true.
In fact, an essential sector of the economy is already in recession…
In fact, an essential sector of the economy is already in recession…
The Dow Jones Today Will Be Flat Ahead of Fed Chair Powell's Speech
The Dow Jones today is heading for a flat morning as traders wait to hear from Federal Reserve Chair Jerome Powell.
The head of the U.S. central bank is expected to discuss his outlook on the U.S. economy and the road ahead for interest rates.
Here's what else is moving markets today...
The Dow Jones Today Could Be in for a Rocky Ride After U.S. and Iran Narrowly Avoid War
The Dow Jones today will start in the red after President Trump aborted a missile strike against Iran.
Traders will be keeping a close eye on tensions with Iran, plus China continues to play hard ball on trade.
Brace for a Stock Market Crash as Politicians Sour on Share Buybacks
Threats to share buybacks are likely to trigger a stock market crash within the next two to three years.
Some candidates for the 2020 Democratic presidential nomination are even calling for an outright ban.
But few realize just how dependent the market has become on stock buybacks.
Much of the gains of the bull market are due to buybacks – and we have the proof.
These figures are nothing short of astonishing...