August 2, 2024
“…So what gives? Should investors be worried? In short, probably not. Stocks naturally retreat after big gains. It’s to be expected; in fact, it’s healthy. Yes, 18% is a lot, many stocks move less over the course of a year,… Continue Reading…
April 17, 2024
“Boeing stock continues to be weak for a litany of reasons. Boeing stock has been under pressure all year following an emergency door plug blowout on a 737 MAX 9 jet operated by Alaska Air Group on Jan 5. The… Continue Reading…
April 2, 2024
“…Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday… Reddit shares started off the week… Continue Reading…
March 5, 2024
“The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days. The nation’s debt permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark… Continue Reading…
February 5, 2024
https://www.wsj.com/business/earnings/ups-to-cut-12-000-jobs-as-delivery-business-slows-d832f1d2?siteid=yhoof2 The article is behind a paywall so I’ll just speak about the title. It seems like UPS isn’t doing to well. The order to return to offices is because of commercial real estate offices they rented. It’s a waste… Continue Reading…
November 28, 2023
“…A gallon of gasoline now costs $3.25 on average in the US, more than 60 cents below the year’s peak in mid-September and about 30 cents cheaper than this time last year, according to data from the American Automobile Association.… Continue Reading…
June 15, 2022
“Hedge funds tracked by Goldman Sachs Group Inc. offloaded US equities for a seventh straight day Monday, with the dollar amount of selling over the last two sessions exploding to levels not seen since the firm’s prime broker began tracking… Continue Reading…
May 10, 2022
“The world’s largest technology companies have shed over $1 trillion in value in just three trading sessions. Stocks at large have sold off since the Federal Reserve raised its benchmark interest rate on Wednesday, but technology has endured more pain than other… Continue Reading…
Business
“THREE Boeing crashes in two days: Terrified passengers scramble to escape burning jet in Senegal and tyre explodes on 737 landing in Turkey – 24 hours after nose gear failure caused 767 to slam into runway” [Commentary]
May 13, 2024
https://www.dailymail.co.uk/news/article-13399941/THREE-Boeing-crash-landings-two-days-Terrified-passengers-scramble-escape-burning-jet-Senegal-tyre-explodes-737-landing-Turkey-24-hours-nose-gear-failure-caused-767-slam-runway.html The headline basically tells the story. While these events are tragic this volatility is great for day trading. Day traders might want to take advantage while they can.
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