Unemployment continues to rise in the U.S. amid a government-mandated shutdown of the economy. Initial jobless claims for the week came in at 4.4 million Thursday, pushing the total above 26 million and producing an estimated 15% unemployment rate. The question I’m being asked most is: “Who is buying this stock
For investors trying to navigate this stock market, not enough is known about the coronavirus. There is a divergence of opinions on almost all points. The result is an environment in the market that is creating both perils and opportunities. Many important pieces of data that affect the stock market
Bills pending in Congress would provide free rent and mortgage payments during the coronavirus emergency, and a monthly check of $2,000 for those over age 16 and $5,500 for a family with three children. My heart goes out to those who have been adversely affected by the coronavirus. This is,
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally if the coronavirus were vanquished. President Trump has said that, due to pent-up demand, the economy will eventually “pop back like nobody’s ever seen before.” Regardless of your political views, it’s
What are the effects of the coronavirus on life in the U.S.? Lost lives, lost jobs, trauma, shutdowns and trillions in borrowing and money printing. What does Wall Street say? The coronavirus doesn’t matter to the stock market. Wall Street wants you to believe it’s safe to buy. What happened
The force that has propelled the stock market rally is about to exhaust itself this week. That force is related to a short-squeeze. Let’s explore with the help of a chart. Please click here for an annotated chart of Dow Jones Industrial Average ETF DIA, which tracks the Dow Jones Industrial Average DJIA. Note the
This post was just published on ZYX Buy Change Alert. Buy zones are very powerful for stock market investors. You buy when the stocks dip into the buy zones. For example, Apple (AAPL) stock dipped into the buy zone trading as low as $212.61 and has now rebounded to $267.99. The Model
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
While most Americans are concerned about the coronavirus, a group of investors is placing bold bets on the leading sector in the stock market, technology stocks. For the prudent investor, this is not a good setup. Let’s explore with the help of two charts. Please click here for an annotated chart of