Which Stocks Have Cyclical Price Patterns? Let’s get right to it! In this edition, we spotlight stocks that historically have risen by at least 4% over the next 4 weeks at least 80% of the time. Each stock has at least 5 years of trading history. USCR has risen by 7.61% over the next 4 […]
Fed chair warns against 'false start' as Trump eyes May reopening of economy
Federal Reserve Chair Jerome Powell warned Thursday against prematurely breaking from social distancing practices as President TrumpDonald John TrumpSenators demand more details from Trump on intel watchdog firing Overnight Health Care: Trump steps up attack on WHO | Fauci says deaths could be lower than first projected | House panel warns federal stockpile of medical […]
The Trump administration wants to re-open as much of the US economy as possible by the start of May, new report says
Drew Angerer/Getty Images The White House is reportedly seeking to reopen as much of the US economy it can get open by April 30, the deadline for the end of strict social distancing measures. Trump earlier suggested opening the economy back up on April 12, but pushed it back after public health officials urged him […]
Dow Jones Pops on Fed's Extraordinary Attempt to Prop Up the Economy
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning • April 9, 2020 The Dow Jones popped this morning after the U.S. Federal Reserve announced $2.3 trillion of loans to support small businesses and consumers. But investors fear this uptick might not have legs… Unemployment claims in the coronavirus lockdown have ballooned to 6.6 million. The […]
Trump to announce second coronavirus task force to focus on the economy
[unable to retrieve full-text content]The White House is expected to announce a second coronavirus task force to focus on economic recovery efforts. NBC’s Carol Lee has details.April 9, 2020 …
Column: Trump hates having too many voters because ‘it doesn’t work out well for Republicans’
On Wednesday, after Bernie Sanders dropped out of the race, he had nice things to say about the democratic socialist. (“Bernie and I agree on trade.”) And dark hints about Biden. “It does amaze me that President Obama hasn’t supported Sleepy Joe,” Trump mused. Maybe, he told reporters, Obama “knows something that you don’t know. […]
US economy unlikely to recover as rapidly as it collapsed
BALTIMORE — President Donald Trump has been telling voters that the U.S. economy will leap back to life “like a rocket,” stronger than ever after its bout with the coronavirus. But there is a reason economics is called the “dismal science.” There are emerging signs that any recovery will fail to match the speed and […]
Coronavirus US live: Trump reportedly planning second taskforce for economy
Senate Democrats are introducing their own coronavirus relief bill in an effort to get more funds for hospitals and state and local governments. In consultation with the Trump administration, Senate majority leader Mitch McConnell is trying to quickly pass a bill allocating an addition $250 billion to the small business loan program created by the […]
Obermeyer Wood Investment Counsel Positions for Long-Term Growth with RedBlack Advanced Rebalancing and Trading Solutions
ATLANTA, April 9, 2020 /PRNewswire/ — RedBlack Software LLC, a market leader for portfolio rebalancing and trading, today announced that Obermeyer Wood Investment Counsel, LLLP (Obermeyer Wood), an Aspen and Denver-based registered investment advisor with approximately $1.4 billion in assets under management, have entered into a long-term agreement to provide integrated trading, rebalancing, and order management […]
Innovation Will Continue to Push TSLA Stock Higher in the Long Term
Last week, Tesla (NASDAQ:TSLA) reported better-than-expected first-quarter deliveries. Since reporting those results, TSLA stock has gained 14%. Year to date through April 6, it is up 23.4%, significantly better than the 18.4% decline of the U.S. markets as a whole. Source: Sheila Fitzgerald / Shutterstock.com Who knew that Tesla could be a good hedge against […]
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