We see more evidence that the economy is not the stock market with the unemployment numbers from Thursday. The WSJ reports that new jobless claims were up this week to a seasonally-adjusted 1.1 million. That’s new claims – THIS...
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RoboStreet – August 20, 2020 Remote Economy Thrives Amidst Slow Progress On Pandemic While the weekly data on the coronavirus is incrementally improving, there was a much higher level of optimism just a couple of weeks ago about the ability...
Read MoreClichés and aphorisms become such because they usually contain a kernel of truth, and typically come packaged in a short and pithy easy-to-remember statement. The world of trading and investing are littered with such utterances. Often, it...
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Fed officials kept interest rates near zero All three major U.S. indices saw modest losses today following record highs reached by the Nasdaq and S&P on Tuesday. Mid-day trading saw U.S. stocks edge lower following the latest FOMC minutes...
Read MoreOK, let me start by telling you I am being a little sarcastic in the subject of this email. I just see so much fear-mongering going through the financial world. Podcasters, analysts, and other respected figures speculating on a dollar...
Read MoreStock splits re-entered the trading lexicon and grabbed the headlines when “Apple (AAPL),” and then “Tesla (TSLA),” announced they would be conducting a 4-for-1 and 5-for-1 stock split, respectively. Following the announcements, shares of...
Read MoreThere’s been a lot of news about gold over the last couple of weeks. First, we put in new highs, now we have a significant pullback… Even though gold is not my primary area of expertise, we’ve been getting a lot of questions about what I...
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