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TGA Could Turn a Small Buyback Into a Market Mover

The Treasury General Account (TGA) is Treasury’s cash balance held at the Federal Reserve. Its balance is the net of cash inflows like tax receipts and outflows to pay the government’s bills. On Monday, we learned that …

FTSE 100 today: Stocks edge higher as bitcoin extends surge

SELLAS Life Sciences Group, Inc. NASDAQ:SLS shares built on Friday’s 15.37% surge in premarket trade Monday, rising a further 1.62% to $15.71 at 08:40 EDT. The stock was 1.1% shy of its 52-week peak at $15.88.

Semiconductor Stocks Pressure the S&P 500

The S&P 500 finished the day lower, with semiconductor stocks leading the way. The SMH ETF bounced off the put wall today, which had moved down to $545. I just do not know how long that level will hold. There appears to…