|Day Low/High||111.12 / 129.55|
|52 Wk Low/High||45.00 / 239.71|
* Gold and stocks are having their best week of the year * Positioning, machines/algos and more dovish Fed speak were likely the most important factors contributing to the strength in several asset classes * A regime of heightened volatility provide...
As of now, the schedule of tariffs on Mexico that would begin at 5% this Monday has not changed.
Zoom Video Communications is soaring Friday morning after reporting a very bullish book of business in its first ever public earnings release.
Here's the problem I see from 10,000 feet.
Lower your exposure to equities here and completely discard stocks of companies that are not earning their cost of capital.
There can be no doubt that the trade war was put a hurting on Tesla. Still, China is the world's largest market for automobiles.
The change is meant to protect against volatility 'in light of the current trading environment'.
Leave this market? Damned if you do and damned if you don't.
We must hope this is a pause that refreshes, or we have to expect a rate cut sometime soon.
The best way to navigate the market in the shorter term is to treat it like a glorified game.
On day three, the sellers forget why they sold and the buyers remember why they like stocks.
Shortseller Andrew Left says Jumia's post IPO stock jump is built on fraud.
Do the charts reflect the positive fundamentals? Let's check.
I wish that Uber could shelve its offering because of the trade deadline. That, however, is not going to happen.
But better prices, I believe, lay ahead. Why not be ready for them with some fresh cash to do some buying?