Tag Archives: stock

“China Threatens Retaliation After US Senate Passes Hong Kong Bill; Stocks, Yuan Tumble”

“Update (2020ET): As expected, Chinese (and implicitly Hong Kong) officials are extremely unhappy at Washington’s interjection in their domestic policies by passing the bill supporting the protesters. Foreign Ministry Spokesperson Yan Shuang has issued a very strong statement: …In a … Continue reading

Rate this:

Posted in Economics, News | Tagged , , , , , , , , , , , , , | Leave a comment

“Every clothing store stock is down for the past month–Mitch Nolen”

“Every clothing store stock is down over the past month, led by a 73.2% decline at J.Jill Inc., notes retail expert Mitch Nolen. J.Jill JILL, -6.08%  stock plummeted 53.5% on Thursday after first-quarter profits and sales fell and the company gave weak guidance… … Continue reading

Rate this:

Posted in Economics, News | Tagged , , , , , , , , , | Leave a comment

Good News: “Dow’s 9-week winning streak is the longest in nearly 24 years”

“The Dow posted its ninth consecutive week of advances, its longest weekly winning streak in nearly 24 years, as investors continued to digest commentary surrounding progress toward a U.S.-China trade deal. The Dow (^DJI) closed at 26,031.81 points, having climbed … Continue reading

Rate this:

Posted in Economics, News | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crime: CBS $200 MILLION in insider trading

“On July 27, The New Yorker published an exposé that would rock CBS and eventually lead to the departure of its chief Leslie Moonves, accused by several women of unwanted sexual advances. That journalist Ronan Farrow was working on this … Continue reading

Rate this:

Posted in Economics, News | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Good News: “U.S. Stocks Post Best January in 30 Years”

“Banks and smaller companies propelled stocks to their best January in 30 years, a sign that investors are favoring sectors tied to the U.S. economy.” https://www.wsj.com/articles/resilient-u-s-economy-fuels-january-stock-market-recovery-11548939600 To me this seems like more evidence Trump should have kept the government shut … Continue reading

Rate this:

Posted in Economics, News | Tagged , , , , , , , , , , , , , | Leave a comment

“Trump administration moves to ban bump stocks”

“The Trump administration moved Tuesday to officially ban bump stocks, which allow semi-automatic weapons to fire rapidly like automatic firearms, and has made them illegal to possess beginning in late March…” https://apnews.com/6c1af80fb290472c89fb930e223505af Make no mistake this is a victory for … Continue reading

Rate this:

Posted in News | Tagged , , , , , , , , , , , | Leave a comment

“From ‘menace’ to assets: Soros now buying social media shares”

“Months after denouncing social media as a “menace to society,” controversial billionaire George Soros is again investing into Facebook, Twitter and streaming services Spotify and Pandora, while scaling back his Google holdings. With hedge funds filing their second-quarter statements with … Continue reading

Rate this:

Posted in News | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment