Signal stock

Chart of the Day: S&P 500 Technicals, Stock Reversal of the Ahead Yield Curve Signal

After posting a new all-time high on Tuesday, the price fell on Wednesday, losing 0.5%. The move coincided with a as the note, representing shorter-term bets, soared while the longer-term benchmark bond moved with much less momentum. Usually, longer-term bonds offer a higher yield to compensate for the longer wait that an investor has to […]

Signal stock

Maximum investor leverage could signal stock market weakness going forward as traders begin to reduce risk, BofA says

Johannes Eisele / AFP via Getty Images A potential spike in margin debt could pave the way for a bearish stock market, according to BofA. FINRA’s margin debt fell 4% to $ 844 billion in July, even as stocks rose 2.3%. “While peaks in margin debt don’t always coincide with highs in the S&P 500, […]

Signal stock

‘Signal’ stock jumps 438% after Elon Musk’s tweet

Talk about mixed signals! The share price of an obscure medical device company jumped more than 400% after Elon Musk approved a messaging app of the same name – only to collapse on Tuesday as the confusion was dispelled. The bizarre rally began after billionaire Tesla’s boss told his 42 million followers on Twitter to […]

Signal stock

Report the confusion of actions? Did Elon Musk’s tweet attract investors to SIGL stocks?

An unfortunate misunderstanding yesterday caused investors to pile up Signal advance (OTCMKTS:LMIS) stock after a misunderstood Tweet from You’re here (NASDAQ:TSLA) CEO Elon Musk. Source: pathdoc / Shutterstock.com A Musk’s Tweet early Thursday morning just said ‘Use the signal’. His endorsement of the crypto-messaging service saw avid investors leap into profit on SIGL shares. There […]