Search Results for: stock

The US Stock Market Could Crash Soon…

Tom Patriot

Biden has set the inflation time bomb with his trillion-dollar policies and agenda. Wall Street economists predict a significant burst of inflation… and it’s all thanks to his irrational actions with federal funds. The US stock market is also expected to crash if Biden’s massive spending budget passes. The mainstream media tells us that Biden is “saving the economy.” But in reality, the Biden Administration are the ones ruining it. Our inflation rate grew by 5% in just one month last June; it’s the sharpest increase our economy has seen…

Technology Stocks Lead the Entrepreneur Index™ to New Highs

Tom Patriot

Don’t worry investors, the Fed has your back. That appears to be the signal Federal Reserve Chairman Jerome Powell is sending to the market as it continues its longest bull run on record. In Congressional testimony this week, the Fed Chairman expressed continuing concerns about international trade and global economic growth despite an unexpectedly strong June jobs report and slightly higher inflation than expected for the month. The Fed is still expected to cut interest rates at the end of the month. The major stock indexes all set new highs…

Oil Tanker Attacks Lift Energy Stocks as Market Ends Two-Day Slide

Tom Patriot

Energy stocks jumped after two oil tankers were attacked in the Gulf of Oman near the busiest shipping lane for tankers in the world. The attacks, along with data showing that OPEC production in May fell to its lowest level in five years, sent the price of oil up 2.2 percent. Shares in oil and gas producer Hess Corp. rose 2.82 percent, the biggest gain on the Entrepreneur Index™ today. Overall stock prices ended a two-day skid and the indexes posted decent gains. The Dow and S&P 500 indexes were up 0.39 percent and…

Stocks Bounce Back After President Trump Calls Off Mexican Tariffs

Tom Patriot

The stock market might be warming up to the President’s non-traditional trade policies. Stocks tanked after President Trump threatened Mexico with a 5 percent tariff on all exports to the U.S. a number of weeks back. They have recuperated substantially because the President called it off last Friday and declared triumph with a deal to manage prohibited migrants at the southern border. Today, the President said he would slap additional tariffs on China if it didn’t go to the G-20 Summit conference in Japan at the end of the month.…

Tesla Shares Jump as Stock Market Rises for Third Consecutive Day

Tom Patriot

The stock market posted its third consecutive day of gains, after reports that the U.S. may delay imposing tariffs on Mexican goods next week. An afternoon rally left the three major stock indexes up moderately. The Entrepreneur Index™ closed the day up 0.61 percent, with Tesla leading the way. The electric vehicle-maker has put a convincing brake on the plunge in its share price through most of last month. It was up 4.76 percent today after the company reported May vehicle sales increased 73 percent compared to last year. The stock is up more…