Tag Archives: Falcon Penny Stocks Picks

Stocks Flat To Close Losing Week

FRIDAY – Stocks were flat on Friday and the market headed for a losing week as investors braced for tighter monetary policy from the Federal Reserve.

Despite a small rebound Thursday and Friday’s early gains, the major averages were headed for weekly declines. The S&P 500 and Nasdaq were down 1% and 2.6%, respectively, for the week through Thursday’s close. The Dow was down 0.7% week to date. Those losses would mark the first weekly losses for the S&P 500 and Nasdaq in four weeks. Meanwhile, the Dow is headed for back-to-back weekly declines.

The losses have been driven by a change of tone by the Federal Reserve, signaling it will be even more aggressive to fight inflation. On Wednesday, the central bank disclosed its March meeting minutes, revealing that policymakers plan to reduce their bond holdings by a consensus amount of about $95 billion a month. The minutes also indicated potential interest rate hikes of 50 basis points in future meetings. A basis point equals 0.01%.

Investors are also looking ahead to earnings season kicking off next week with reports from five big banks.

The Dow bounced back on Thursday after two straight days of losses, ending the day up 0.25% after dropping as much as 300 points earlier in the session. The S&P 500 and Nasdaq also closed higher for the day.

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Nasdaq Hits New Highs

WEDNESDAY – Stocks rose on Wednesday, boosted by dealmaking activity and potentially improving trade relations between the U.S. and the European Union.

The Nasdaq composite rose 1 percent and hit an all-time high, led by Facebook and Netflix, which also reached record levels. The S&P 500 gained 0.4 percent, with technology stocks outperforming.

The Dow Jones industrial average, meanwhile, rose 10 points as it tired to snap its longest losing streak since March 2017.

Disney raised its bid for Twenty-First Century Fox assets to $38 per share, or $71.3 billion, surpassing an offer made by rival and NBCUniversal parent Comcast. Last week, Comcast bid $65 billion in cash for Fox assets which include FX, Star TV and stakes in Sky.

The bid sent Fox shares higher by 7.3 percent.

Stocks fell on Tuesday as trade tensions between the U.S. and China intensified. The Dow led the way lower, sliding nearly 300 points and erasing its gains for 2018.

Small cap and penny stock index Russell 2000 also jumped higher Wednesday.

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Free Penny Stock Pick Websites – How They Scam You

At least 99% of free penny stock picks websites are making money off of you, hand over fist. They make many times what legitimate penny stock websites like ours can ever do. At the same time, they deceive, publish misinformation and pretend to have researched the penny stocks they pick.

The fact is, they are not researchers, they don’t care if the company is even real.

The dirty secret they don’t want you to know?
Free Penny Stock Picks
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The Super-Investor You’ve Never Heard of is Buying Again (FalconStocks’ Article)

Falcon's Penny Stocks

The FalconStocks Founders

Excerpt:   While the financial markets hang on Warren Buffett’s every word and traders and arbitrage players follow Carl Icahn religiously, there is one super-investor that is relatively unknown. It is quite astonishing how little known this stock picking guru is considering his most impressive track record over the past dozen years. Our mild mannered and all but invisible investing superhero is Kevin Douglas. Stealthily flying under everyone’s radar, he has garnered one of the most impressive stock picking track records, placing him at the top of our list of gurus to follow.

See what he’s buying and the stocks he’s bought and seen rocket higher in the past.

Continue to the article on SeekingAlpha

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