All three major U.S. indices are on the move up today and are looking to record their fourth straight day of gains. The market has broken out of $254 resistance level which is now support for the SPY. With earnings season approaching, the market is...
Read MoreLast week, I made the case that investors who had fled into bonds would soon regret that decision. Well, it’s not even a week later and people are now fleeing that safe haven. I think this quick about-face is just the...
Read MoreEarnings season officially kicks off next week with some of the big banks such as JP Morgan (JPM) and Bank America (BAC) set to report on Tuesday and the first of FAANG, Netflix...
Read MoreStocks stumbled and fell badly at the end of 2018. But, solid fundamentals suggest they should regain their footing in 2019. The 2018 numbers are in the books and they aren’t pretty; the nine-year win streak was broken as most major indices...
Read MoreA year ago, several VIX or volatility related products imploded and were forced to shut down. It now appears the popular Barclay’s iPath S&P 500 VIX Short-Term (VXX) exchange-traded note will cease to trade at the end of...
Read MoreU.S. Treasury bonds have surged over the past few days, sending yield on the 10-Year note to its lowest level since last February. The flight into bonds is indicative of investors dour outlook for the economy, and by extension stocks. But,...
Read MoreWith the winter holidays and New Year’s break just around the corner, this is the perfect time to brush up on your options knowledge. Not that I wouldn’t reach for the latest Jack Reacher novel, object to the suggestion of...
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