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Predictions, Opinions, & Comments, Stocks

PENNY STOCK WATCH: INPIXON (INPX) [PART 2]

Remember what I wrote yesterday? PENNY STOCK WATCH: INPIXON (INPX) I hope you guys were paying attention. That stock was 8 cents yesterday. It peaked at 12 cents just a few minuets ago. Needless to say my day is going… Continue Reading…

Economy

“Two-thirds of households preparing for recession, even as U.S. economy continues to grow”

“Some 69% of participants in a recent poll said they were taking steps to shore up their finances ahead of a possible downturn, including 44% who said they were spending less money. Some 10%, including 13% of college graduates, are looking for… Continue Reading…

Banking, Economy

“New York Fed Adds $82.7 Billion To Financial System in Latest Repo Transaction”

“The Federal Reserve Bank of New York added $82.7 billion to the financial system Friday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets. Banks asked for $21.15 billion in 6-day loans, all of… Continue Reading…

Personal Finance

More Than Half Of American Parents Went Over Their Summer Budgets

“A new survey from TD Ameritrade finds that 52% of parents with children under 18 spent more than they intended to this summer. The average summer debt for those parents is $1,960 this year. That compares with just $563 for… Continue Reading…

Banking, Economy

“Dollar hits 2-year high, threatens to reach another major milestone”

“The dollar hit a two-year high Tuesday as slowing global growth and more aggressive monetary easing overseas sent investors into the reserve currency. The U.S. Dollar index rose to a high of 99.37, its highest level since May 2017, when… Continue Reading…

Economy

“Economy grew at 2.0% in second quarter, revised data shows”

“The U.S. economy grew at a 2.0% annualized rate in the second quarter of 2019, the Bureau of Economic Analysis reported Thursday in a second estimate of gross domestic product. Thursday’s report revised the preliminary estimate of 2.1% growth released last month… Continue Reading…

Economy, Stocks

There’s Hope: “After the yield curve inverts — here’s how the stock market tends to perform since 1978”

“Wall Street’s most widely watched gauge of the yield curve’s slope, the spread between the 2-year Treasury note yield and the 10-year inverted Wednesday morning, flashing the clearest signal to date that the U.S. is set to face an economic… Continue Reading…

Economy, Investing, Personal Finance

2-Year Treasury Notes Are More Profitable Than 10-year [For The Time Being]

“The yield on U.S. 30-year bond also turned heads on Wall Street during Wednesday’s session as it fell to an all-time low, dropping past its prior record notched in summer 2016. The two historic moves coming in tandem show that… Continue Reading…

Economy, Personal Finance

“Americans say they can’t afford a vacation”

“A new Bankrate survey found 42 per cent of Americans decided not to take a vacation over the past year because of the cost. Nearly a third said they can afford a vacation less now than they could have five… Continue Reading…

Stocks

SINTX Reverse Stock Split Coming?!

“SINTX Technologies, Inc. (NASDAQ: SINT) today announced that its 2019 Annual Meeting of Stockholders (“Annual Meeting”), was adjourned with respect to Proposal 2 – Approval of Reverse Stock Split. While Proposal 2 has exceeded 68% approval based on votes cast to date,… Continue Reading…