Jim Altucher’s Guide to Economic and Political Ism’s

Jim Altucher’s Guide to Economic and Political Ism’s

ZYTrade Editor: If I may add, one “ism” that’s missing here is Corporatism, in which society is controlled by large corporate interest groups.   People say this is an important election. I’ve never voted in a presidential election (the only two times I...
Will Biden’s Proposed Capital Gains Tax Increase Crash the Market?

Will Biden’s Proposed Capital Gains Tax Increase Crash the Market?

ZYTrade Editor: Joe Biden proposes he’ll raise capital gains tax up to 39.6% for the highest earners. Unsurprisingly, investors are worried there’s going to be a market crash should he win in November. There’s historical precedence to such an announcement (or similar...
JPMorgan Predicts a 10% Rise in the S&P 500, Names Leading Sectors

JPMorgan Predicts a 10% Rise in the S&P 500, Names Leading Sectors

ZYTrade Editor: It’s about sector rotation amid the pandemic-stricken economy. Which ones are likely to rise and which ones might fall? JPMorgan names the sectors they believe are going to lead this next round of rallies.    Industrial and construction material...
ZYTrade Technical Snapshot – Gold Futures (GC)

ZYTrade Technical Snapshot – Gold Futures (GC)

Gold broke out toward the downside of a descending triangle, also breaking below its 50-day exponential moving average. Bulls are attempting to resume the uptrend, slightly above gold’s 50% Fib retracement, and well above its 200-EMA line. With all the news reporting...