When the stock market is hobbling along, trying to determine whether the recent jobs and manufacturing data are good or bad for the economy, it’s easy to miss some of…
Editor's Pick
How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market
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It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the artificial intelligence revolution — and which this…
Economy
‘Not a conspiracy theorist’: Harris fundraiser floats idea Trump colluding with Putin, Israel to win election
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A member of Vice President Kamala Harris’ national finance committee says that her social media posts questioning if former President Donald Trump is colluding with Israel, Russia and Saudi Arabia…
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a very valuable phenomena for the study and practice of trading. When…
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Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
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Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight. In the U.S., chipmaker Nvidia plunged more than 9% in regular trading,…
In early 2024, MicroStrategy (MSTR) became a meme stock favorite thanks to its close ties to Bitcoin. If you rode the hype to its peak in March, hopefully you cashed…
Polling is a useful tool in politics, if somewhat blunt and slow, and this weekend Democrats were taking no small comfort in a ABC/Ipsos survey showing Kamala Harris leading Donald…
Economy
I worked for Ronald Reagan and I love how liberal critics are upset about the new movie
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With regard to the new movie ‘REAGAN,’ I fully admit to a very large and enduring bias in favor of the former president. I worked as a writer in the…
Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL season, according to projections from the American Gaming Association. That…
Editor's Pick
Volkswagen braces for showdown with unions after warning of possible German plant closures
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German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90-year…