Markets

David Capablanca tries to profit from the falling price of a stock by short selling. He looks for gaps between price and VWAP, volatility halts, and second breakouts. He also reviews stocks’ historical charts to determine where their resistance lines could be.  When a trader looks at a chart, they see the same candles, lines,… Continue reading A short seller with an over 90% win ratio shares the 4 chart signals that indicate a good stock to short

The mountain of US debt is growing out of control, BlackRock’s Larry Fink said.  The national debt just topped $32 trillion for the first time in June. But GDP growth of 3% or more could solve that problem, Fink told CNBC on Friday. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading BlackRock chief Larry Fink says US debt is ‘out of control’ – but an accelerating economy can solve that problem

Jamie Dimon flagged a long list of threats facing the US economy on Friday. He’s worried about consumer spending, inflation, quantitative tightening, fiscal deficits, and war. The JPMorgan CEO said economic conditions are pretty good for now, but that could change. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading JPMorgan’s Jamie Dimon reels off a list of dangers to the US economy – and warns they could inflict serious damage

Stocks and other risk assets are “on fire,” Bank of America strategists said on Friday.  Investors poured $12 billion into stocks in the last week as the disinflation narrative deepened.  Markets are expecting the Fed to soon pull back on rate hikes, which would be a positive for equities. Loading Something is loading. Thanks for… Continue reading Risky assets like stocks are on fire as investors pile into the market amid tumbling inflation, Bank of America says

Animal spirits have returned to the stock market as investors again pile into high-risk names.Carvana, for example, has soared nearly 700% year-to-date even as it navigates a precarious financial position.”Meme-type stocks have been catching a bid of late, which paints a bullish picture of general market conditions,” DataTrek Research said. Loading Something is loading. Thanks… Continue reading Investors are once again chasing some of the most speculative names in the stock market

Foreclosures jumped 13% year-over-year in the first half of 2023, real estate data firm ATTOM reported.  Foreclosures are ticking higher after being paused for much of the pandemic.  However, foreclosure activity in the second quarter was still 65% below pre-recessionary averages. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Home foreclosures jumped 13% in the first half of 2023 to the highest level since before the pandemic

Consumer inflation data strongly indicates the US is on its way to a soft landing, Paul Krugman said. That means the economy could see normal levels of inflation without a spike in unemployment. On Wednesday, CPI data showed prices rose 3% in June from a year ago, down from 2022’s peak of 9%. Loading Something… Continue reading Paul Krugman says a soft landing now looks ‘amazingly within reach’ after inflation report

XRP soared as much as 61% on Thursday after a US judge said certain aspects of the sale of the token did not break federal securities laws.The SEC had sued Ripple for the sale of its XRP token in 2020 for the failure to register XRP as a security.Crypto related stocks like Coinbase and Riot… Continue reading XRP soars 61% after a judge says the cryptocurrency is not a security in a big win over the SEC