by Dorian Holden | Aug 9, 2019 | Markets
Any hopes for a trade war resolution seem to be fading. New 10% tariffs on $800 billion worth of Chinese imports go into effect in just weeks. China stopped buying agricultural products from the U.S. Now comes word that President Trump is “not ready...
by Dorian Holden | Aug 9, 2019 | Markets
Without a doubt, this market has been one of the most bizarre on record. One day, we’re down 800 points. The next day we’re up 100 points. Then, we see another 500-point pullback the next with an intraday recovery. That’s all happening because of the...
by Dorian Holden | Aug 9, 2019 | Markets
After a sizable run in the U.S. Dollar, President Trump says he’s not “thrilled” with it. In fact, he tweeted that the dollar’s value makes it much harder for companies to compete. “As your President, one would think that I would be thrilled with our very...
by Jamie Johnson | Aug 8, 2019 | Markets
The company’s third-quarter earnings and revenue fell short of analyst expectations. Disney delivered its third-quarter earnings report on Tuesday and the company missed the mark on revenue and earnings. This caused the company’s shares to drop more than 3% in...
by Dorian Holden | Aug 7, 2019 | Markets
Panic has resumed in a big way. A day after a brief respite, the Dow Jones Industrial Average just plunged 500 points, forcing it below its 200-day moving average. And unless we see near-term calm, the Dow could easily test prior support at 24,680 – a nearly...
by Jamie Johnson | Aug 7, 2019 | Markets
The company’s shares are up 55% from a year earlier. Monday was a gloomy day for those following the stock market, as the Dow plunged more than 700 points. But the bright side came once Shake Shack released its second-quarter earnings report after market close. ...
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