Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX Market Summary: This long Bull Run still looks look strong, and here is why: Stocks bypassed a soft open Thursday and gapped North. Small and mid-caps joined the large-caps in achieving strong breaks higher. The economic data showed renewed promise. Options expiration Friday came and went. A long weekend came […]

Freddie and Fannie Spike on Good News From Treasury

Freddie and Fannie Spike on Good News From Treasury

$FMCC, $FMNA Fannie Mae and Freddie Mac spiked on good news for investors. US Treasury Secretary Steven Mnuchin said he will soon reach a deal to allow the 2 mortgage giants to retain earnings and a legal victory that gave shareholders renewed hope of getting their hands on some of the companies billions of dollars […]