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Economy

“It’s Make-Or-Break Time For Retailers: Black Friday Update”

“Early November results bode well: Comparable-store retail sales gained 1.3% in the first two weeks of the month, according to Fiserv, a major U.S. processor of credit-card transactions. Cooler weather likely spurred apparel growth for warmer, seasonal clothing, particularly at… Continue Reading…

Economy, Stocks

Stock Market: “This is now the best bull market ever”

“The current market boom, which started March 9, 2009, has enjoyed a whopping 468% gain for the S&P 500 through the first day of November, making this record-long bull run also the best-performing one since World War II, according to… Continue Reading…

Economy, Stocks

“Dow closes at record high as Disney pops more than 7%”

“The Dow Jones Industrial Average hit an all-time high on Wednesday as Disney shares popped while investors digested testimony from the top-ranking Federal Reserve official.  The 30-stock average closed 92.10 points higher, or 0.3% at 27,783.59, notching intraday and closing records. Disney jumped 7.4%… Continue Reading…

Stocks

“Dow, S&P 500 end at record highs…”

” The Dow and S&P 500 closed at fresh records Thursday… The Dow Jones Industrial Average DJIA, -0.18%  rose 182.24 points, or 0.66%, to a record 27,674.80, while the S&P 500 index SPX, -0.15% gained 8.4 points, or 0.27%, to an all-time high of 3,085.18. The… Continue Reading…

Cryptocurrencies, Investing

“P2P Bitcoin Trading Volume in India Explodes Past All-Time High”

“Peer-to-peer Bitcoin trading platform Paxful recently recorded a record for BTC/INR. This past week, 53M INR was traded against BTC on the platform. The spike is a culmination of a clear uptrend since the beginning of this year — but… Continue Reading…

Economy

“Federal Income Taxes and Federal Spending Both Set Records in FY19”

“The amount of money the federal government collected in individual income taxes and the total amount of money the federal government spent both set records in fiscal 2019, according to the Monthly Treasury Statement released Friday afternoon. …the federal government… Continue Reading…

Banking, Economy

“Fed to Cut Three More Times as Economy Is Rolling Over: Chandler”

“Marc Chandler, chief market strategist at Bannockburn, discusses his expectation for three more interest rate cuts by the Federal Reserve and the state of the U.S. dollar. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)…” https://www.bloomberg.com/news/videos/2019-10-28/fed-to-cut-three-more-times-as-economy-is-rolling-over-chandler-video If you click the link… Continue Reading…

Stocks

Stock: Guardion Health Sciences Up Big Time: 47% Increase

“…GHSI flaunted 46.78% to reach at $0.69 during previous trading session. GHSI Inc. has a total market value of 14.49M at the time of writing – representing $30.82M outstanding shares….  The USA listed company saw a recent price trade of… Continue Reading…

Investing

“Number of Investors Hedging Against Market Collapse Hits Record Levels”

“As market volatility appears to be reaching extreme levels once again, similar to what we saw toward the end of 2018, a large number of investors worth a collective $588 Billion are now hedging their portfolios. A Bank of America… Continue Reading…

Investing, Predictions, Opinions, & Comments, Stocks

Stock Tip: One Of The Absolute Best Times To Enter The Stock Market

Maybe people say it’s impossible to “time the market.” I think this is a half truth. I’m speaking from experience when I say this because I have timed the market before. Now truth be told it could be luck, but… Continue Reading…