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President Trump has said it's a 'big day for the stock market' after the Dow Jones Industrial Average rose more than 250 points and American Airlines announced stocks have doubled in the past month. The market saw a boost Friday when the government said that employers added 2.5 million jobs to their payrolls last month, when economists were expecting to see 8 million more lost. As more major cities in the US, such as New York and Las Vegas, began to reopen, the Dow was up 263 points, or 1%, at 27,374, as of 9.45am Eastern time on Monday.

given current uncertainties (in which one could include the potential for war with china over hk or tw), what should a prudent stock strategy be? givens: * recently invested in sp 500 index fund last december; currently hurting at -4.29%. perceived background: * lots of stimulus money sloshing around (?) where is all of that stimulus money ending up(?) * tensions with china and an apparent ongoing deep state aversion to trump's re-election asking for a friend

The U.S. Senate approved legislation Wednesday that would require companies listed on stock exchanges to certify they aren’t under the control of a foreign government.It specifically takes aim at companies based in China that could be working under the influence of the Communist government in Beijing.The news sent shares of Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) tumbling Wednesday. Shares were down another 3% through afternoon trading Thursday.Lawmakers have expressed concern that American money is funding Chinese efforts to dominate fields from artificial intelligence to internet data collection.“I do not want to get into a new Cold War,”...

Moderna's stock price skyrocketed as much as 30% on Monday after the biotech company announced promising early results for its coronavirus vaccine. As ordinary investors piled in, two insiders were quietly heading for the exits. Moderna's chief financial officer and chief medical officer executed options and sold nearly $30 million of shares combined on Monday and Tuesday, SEC filings reviewed by CNN Business show. The sales occurred after Moderna (MRNA) excited Wall Street before markets opened Monday by announcing encouraging vaccine trial results. Moderna's market value swelled to $29 billion -- even though the company has no marketed products. After...

The U.S. Senate has passed a bill boosting oversight of companies based in China and other nations that could lead to their removal from American stock exchanges. The vote on the measure, introduced more than a year ago by Sens. John Kennedy, R-La., and Chris Van Hollen, D-Md., comes as Congress and the Trump administration seek ways to punish Beijing for its initial handling of the COVID-19 pandemic. First identified in the Chinese province of Wuhan, the disease has infected 4.9 million people and killed more than 324,000. Efforts to curb its spread have halted global growth and sent unemployment...

Moncef Slaoui, a former Moderna executive who was recently appointed to co-chair the White House coronavirus vaccine project, will divest approximately $12.4 million worth of stock options he has in the pharmaceutical manufacturer, according to representatives from the company and the Department of Health and Human Services. Slaoui resigned from the board of Moderna last week, when President Donald Trump appointed him to lead Operation Warp Speed, a massive public-private effort often likened to the Manhattan Project, to develop a vaccine for the deadly coronavirus as soon as possible. Filings with the Securities and Exchange Commission showed that as of...

DOW futures up +748 at time of this post. Pretty steep rise.

U.S. Sen. Kelly Loeffler, R-Georgia, has turned over personal stock documents and other information to federal authorities amid scrutiny over transactions she allegedly made after attending a January government briefing on the coronavirus, Fox News confirmed Thursday. “Senator Loeffler has forwarded documents and information to DOJ, the SEC, and the Senate Ethics Committee establishing that she and her husband acted entirely appropriately and observed both the letter and the spirit of the law,” a Loeffler spokesperson told Fox, referring to the Justice Department and the Securities and Exchange Commission. “The documents and information demonstrated her and her husband’s lack of...

The Dow Jones Industrial Average Thursday midday was trading firmly higher, reversing a sharp drop that served as a gut-check to bullish investors amid the COVID-19 pandemic. The Dow DJIA, 1.46% was up 308 points, or 1.3%, at 23,562, following a skid that saw it lose as many as 458 points at its intraday nadir at 22,789.62. Gains were being driven by an advance in American Express Co. AXP, +7.42% and UnitedHealth Group Inc. UNH, +4.47%, which were helping to lead the charge. The S&P 500 index SPX, 0.99% was up 0.8% at 2,843, powered by a gain in the...

As Chairman of the Senate Intelligence Committee over the past three years, North Carolina RINO Senator Richard Burr coordinated efforts with the ranking minority member, Virginia Sen. Mark Warner, to run interference for the coup cabal’s efforts within the DOJ and FBI to take down the duly-elected President, Donald Trump. Today, he might be regretting his seditious actions. Last night, Burr was repaid for his troubles by the FBI with a raid on his home in a search for evidence related to allegations that he traded a huge amount of stocks in February based on insider information about the extent...

The North Carolina Republican is stepping down amid an investigation into stock trades he made as the coronavirus pandemic began North Carolina Republican Sen. Richard Burr on Thursday announced that he would be stepping down as the chairman of the Senate Intelligence committee. His resignation from the post comes as the FBI investigation into stock market trades he made at the outset of the coronavirus pandemic ramping up. "Senator Burr contacted me this morning to inform me of his decision to step aside as Chairman of the Intelligence Committee during the pendency of the investigation. We agreed that this decision...

The same day that Sen. Richard Burr, R-N.C., sold off at least $628,000 worth of stocks before the market crashed, his brother-in-law also dumped a significant amount of shares, according to a new report from ProPublica. The report, citing a public financial disclosure form from Burr's brother-in-law Gerald Fauth -- who serves on the National Mediation Board (NMB) -- reveals that Fauth sold between $97,000 and $280,000 worth of stocks in a total of six transactions on Feb. 13, 2020. Burr's sales that day, soon before the coronavirus panic tanked the market, reportedly led to the Securities and Exchange Commission...

Short sellers have revived their wagers against the stock market in recent weeks, taking their most aggressive positions in years. Bets against the SPDR S&P 500 Trust, the biggest exchange-traded fund tracking the broad index, rose to $68.1 billion last week, the highest level in data going back to January 2016, according to financial analytics company S3 Partners. That was up from $41.7 billion at the beginning of 2020 and $41.2 billion a year ago.

After recovering a chunk of the losses racked up during the worst of the coronavirus-induced selloff last month, the stock market finds itself at a crucial inflection point, writes Alan B Lancz. “The next 45 days may just become the most critical period in U.S. financial history,” he wrote in a newsletter published Wednesday. “While on average we may face a bear market every 10 years, this one is like no other,” he said. The contrarian money manager, who is a disciple of famed investor Sir John Templeton, said that the timing and execution of the reawakening of the U.S....

U.S. stock futures are signaling a strong start to Friday's session adding to the momentum seen on Thursday. The Dow Jones Industrial Average soared nearly 900 points or 3.8 percent while the S&P 500 was higher by over 3 percent and the Nasdaq Composite 2 percent plus as of 1:30 a.m. ET. Earlier in the evening, President Trump outlined the early-stage, phase approach as part of the “Opening Up America Again" coronavirus come back plan and there was also positive news on Gilead Sciences.

U.S. equity markets rallied Tuesday as some of the country’s biggest banks kicked off earnings season. The Dow Jones Industrial Average gained 596 points, or 2.6 percent, while the S&P 500 rose 2.5 percent. The Nasdaq Composite surged 2.9 percent, on track to leave its bear market and stretch its winning streak to four days, the longest since February. The index must close higher by at least 40.38 points to officially exit.

Is the U.S. stock market building a V-shaped recovery? History suggests investors shouldn’t count on it just yet, analysts said. Stocks were putting in an impressive rally this week, with gains tied to signs the COVID-19 pandemic may be peaking in Europe and, perhaps, in New York City, the new center of the outbreak. While investors have little comparable experience in dealing with the effects of a deadly disease outbreak, the stock market’s moves remain in keeping with past bear market rallies, meaning a retest of the March 23 lows remains an easily imaginable possibility, analysts said.

President Donald Trump reportedly owns a stake in a company that produces hydroxychloroquine, the anti-malaria drug he has repeatedly touted as a coronavirus treatment even though his experts say there’s no strong evidence it works. Trump “has a small personal financial interest” in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine, The New York Times reported Monday. In addition, Sanofi’s largest shareholders include a mutual fund company run by major Republican donor Ken Fisher, the paper said. Trump’s three family trusts, as of last year, each had investments in a mutual fund whose largest holding was...

U.S. equity futures are trading higher after the S&P 500 rose for a fourth session in the last five to begin the week. The major futures indexes are indicating a rise of 0.9 percent when trading begins on Tuesday. Asian shares traded mixed Tuesday after a rally in U.S. stocks.

Was having a conversation with my Father this morning and he raised a very interesting point about the stock market and “death stocks”. With the nonstop reports of doom and gloom from the media, one would think that companies that provide caskets, vaults and other death related items would be soaring. I decided to do some quick research and found the contrary. Two major companies in the “death business” are: Hillenbrand, Inc. (HI) > Interesting Fact: Sells 45% of caskets sold in the United States > # of Employees: 3,200 > Most Recent Quarter Revenue: $212 Million > Most Recent...