Our models are projecting the SPY to trade between $270-$330 level and it is our opinion the market remains overbought. We will continue monitoring VIX, as the market can overshoot support and resistance levels when VIX is trading near $30...
Read MoreOver the last few months, I have received countless emails with this question. People are understandably nervous about what the Fed is doing, and what it will mean for the market over the next few years. And with talking heads shouting...
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RoboStreet – June 25, 2020 Rising Virus Numbers Put Brakes on Rally The rally of the past two weeks came to a sudden halt Wednesday as reports that the U.S. tallied its highest count of new daily coronavirus cases yet. Following a broad...
Read MoreDear Readers, When I was a kid I started working summers as a runner on the commodities and stock exchange trading floor with my father. It was a great gig, and I had a lot of fun… But more importantly, I learned a LOT about investing and...
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U.S. indices book losses of at least 2% today Markets are continuing to trade lower this week as all three major U.S. indices booking losses of at least 2% today while all 11 S&P sectors finished lower. With notable surges throughout the U.S.,...
Read MoreDave Portnoy and his band of merry traders make a mockery of the market Much ink has been spilled over how Robinhood traders, which has become short-hand for Millennium age or younger, who’ve enjoyed their first rush into investing, or shall we...
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This week’s focus turns towards consumer spending, inflation, and housing data Tech-stocks are helping push markets higher as all three major U.S. indices closed in the green today. Last week, markets were assisted by positive payroll and retail...
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