The markets are behaving rising like they did in 1929. Then out of nowhere they fell.
A. Gary Shilling, longtime economist and president of A. Gary Shilling & Co has warned that the market may be due for a big drop. He drew parallels with the 1929 market rebound adding that the market could drop as much as 40% over the next year. Click here to read more.
Amazon reached record highs yesterday. The stock climbed 5.8% on Monday to a new all-time high of $3,057. At that price, Amazon’s market cap now exceeds $1.5 trillion. Click here to read more.
Tesla (NASDAQ: TSLA) is now in the business of setting market records. The stock rose by 13.5% to $1,371.58, at the close of Monday’s trading session. It is the fourth-straight record so far. Click here to read more.
Here are the biggest movers in pre-market trading
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