July 20, 2021 @ 7:18 pm | Breaking News |
Today investors and traders ran to buy all the re-opening, post-vaccine recovery, cyclical stocks that they dumped yesterday. Macy’s (M) is up 4.29% as of 3:30 p.m. New York time after plunging 4.90% yesterday. Amusement park operator Cedar Fair (FUN) is up...
July 9, 2021 @ 7:14 pm | Breaking News |
Stocks rallied today and bond prices moved higher (sending bond yields lower) on news that China People’s Bank and the European Central Bank would both pursue monetary moves to bolster growth. The People’s bank reduced the amount of cash that banks have to...
June 21, 2021 @ 7:21 pm | Breaking News |
Remember way back at the beginning of last week? That is before the Federal Reserve signaled on Wednesday that more of the members of its Open Market Committee were thinking about raising interest rates sooner than previously expected. Re-opening stocks, value stocks,...
March 8, 2021 @ 7:44 pm | Breaking News |
Two indexes will tell you what you need to know about today’s stock market action. The Dow Jones Industrial Average, driven by cyclicals, vaccine recovery stocks, and consumer stocks rose to an intraday record high. After a slight retreat at the end of the...
November 18, 2020 @ 7:02 pm | Breaking News |
At 1 p.m. today, November 18, the Standard & Poor’s 500 was up 0.05% and the Dow Jones Industrial Average was ahead 0.06%. Supporting even these meagre gains was positive news from Pfizer (PFE) that it had concluded trials of its coronavirus vaccine and...
August 17, 2016 @ 8:34 pm | Breaking News, CMI, Dividend Income Portfolio, Jubak Top 50 Portfolio |
Update August 17, 2016. New rules proposed by the Obama administration that would require up to a 25% reduction in carbon emissions from heavy-duty trucks over the next 10 years are good news in the long run for Cummins (CMI.) The proposed rules are 10% tougher than...