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The Dow Jones kicked off the week with an aggressive rally. Stock market bulls cheered the flattening of the coronavirus infection rate curve in Italy. Unfortunately, U.S. cases of COVID-19 surpassed 150,000 overnight. The Dow Jones Industrial Average (DJIA) clawed out an aggressive rally on Monday after Italy turned a corner in its battle with…
The U.S. stock market rose on Monday. Dow bulls pushed the index more than 100 points higher despite a rally in safe-haven assets. Nordea & Allianz both see a FOMO bubble forming from Fed intervention. The Dow Jones reversed early losses on Monday, grinding a step closer to 30,000 despite a spate of alarming coronavirus…
The Dow Jones rallied off its lows as the World Health Organization calmed fears about the Wuhan coronavirus in China. It was still a tough day for the Dow, which declined amid risk-off trading conditions. Further weighing on the stock market, Trump appears committed to starting a trade war with the European Union. It was…
Stocks rose on Friday as Boeing (NYSE: BA) helped lift the Dow Jones. Donald Trump may finally get his wish for a weaker U.S. dollar, as Bloomberg’s report points to a strong euro in 2020. Most of Wall Street expects smooth sailing for the Dow as Trump continues to de-escalate the trade war amid strong…
The Dow Jones Industrial Average builds off a positive pre-market session, gaining as much as 61 points. Nasdaq Composite is on pace for its eleventh consecutive daily gain. Santa Claus rally looks to return this year. The Dow and broader U.S. stock market advanced on Thursday, as the century old Santa Claus rally showed signs…
The bitcoin price rallied aggressively on Wednesday, and crypto analysts say BTC defended a 5-year-old “parabolic” support line. The bitcoin price surged back above $7,000 on Wednesday. Analysts say BTC defended a crucial support level. Today’s price action wasn’t enough to persuade the bears that the bottom is in. The bitcoin price rallied aggressively on…
The Dow Jones rallied 170 points on Wednesday as the stock market largely ignored the impeachment chaos in Washington. Donald Trump released the transcript of his call with Ukraine, and investors didn’t see anything that altered the view that the president will survive an inquiry. Dow Rally Shows Investors Aren’t Fazed by Impeachment The Dow…
