Indiana’s new state budget will expand eligibility for its private school voucher program to higher earners and speed up planned income tax rate cuts under a deal announced Wednesday by…
Environmental groups criticized the Biden administration after it recently signaled support for a natural gas pipeline project that Sen. Joe Manchin, D-W.Va., has aggressively pushed. Energy Secretary Jennifer Granholm penned…
We decided that it was time to come up with a name for Silver Cross Index and Golden Cross Index crossovers their signal lines. We’ve noticed that Silver Cross Index…
In this week’s edition of Trading Simplified, Dave shows his methodology in action by walking through the ups and downs of a recent trade and why you must follow your trading…
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Don’t believe an extended decline is…
Charles Schwab (SCHW)’s month-long freefall that started on March 9 was quite a spectacle. It took place amid the Silicon Valley Bank collapse, which triggered a shockwave that impacted the…
What Are Options? Options are contracts that allow an investor the option to purchase or sell stock at a particular price anytime before it expires. An option contract…
Weak earnings and even worse conference calls drove UPS (UPS) and First Republic Bank (FRC) down right from the open, then even lower as the day unfolded. Between these stocks,…
First Republic bank says deposits tumbled 40% to $104.5 billion in the first quarter
Troubled regional bank First Republic said Monday that its deposits fell 40.8% to $104.5 billion in the first quarter, which saw the collapse of two other mid-sized banks and sparked fear from…
Thousands of SVB staffers to receive $25 million in payroll stuck in stock purchase program
About 4,000 employees of Silicon Valley Bank are set to receive $25 million that has been trapped for weeks in an employee stock purchase program, according to the Federal Deposit…