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Stocks veered into deep early losses Tuesday, as leading tech stocks plummeted and the Dow Jones industrial average cut deep below the 25,000 mark. The Dow Jones industrial average undercut its 50-day line of support on Monday, ending the session flush at the 25,000 mark. A slip below that mark would leave the index ready […]
In an Investor Alert that was issued on November 8, 2018 (“Know What Triggers a Margin Call”), the Financial Industry Regulatory Authority (“FINRA”) warned investors that “volatility is back, and market swings can sometimes bring an uncomfortable surprise to investors – a margin call.” When an investor purchases stock on margin, the investor’s brokerage firm […]
With the recent plummeting of oil prices, the $64,000 question is asked again-is it a greater supply or a weakening of demand that has caused lower oil prices. As always, there are views to support both sides and most likely is a combination of an increase in supply and a diminish of demand. There are […]
October ended as one of the worst months since the 2008 financial crisis. The S&P 500 lost $1.91 trillion in October. Losses were spread widely across industry sectors. October was the worst month for the S&P 500 since September 2011. Federal Reserve Chairman Jerome Powell said the central bank is “a long way” from neutral […]
William Galvin, the Massachusetts secretary of state, has initiated a probe into the activities of broker-dealer firms who sold private placements sponsored by GPB Capital Holdings, according recently pubished news reports. The Massachusetts Securities Division has reportedly received information regarding the sales practice of a certain firm, and has requested information from a total of […]