Cannabis stocks were all the rage in 2016-2017 as legalization and medical applications started to gain approval. New companies sprouted up in the green fields, the high growth industry with many coming public to massive valuations and enjoying big...
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RoboInvestor – June 18, 2020 Market Hits Pause As Virus Numbers Rise Certain states are seeing COVID-19 caseload and hospitalization numbers rise as a byproduct of the reopening of economic activity. While it was fully expected that this would...
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Continued coronavirus fears are once more impacting markets After trading higher for several sessions, including earlier today, U.S. stocks traded lower to close the day. Both the Dow and S&P saw gains turn red in the final hour of trading...
Read MoreIf I had a nickel for every time someone told me they love covered calls for their conservative income generation but would never sell a naked put because that’s too risky, I could retire from trading. The fact is a covered call is exactly...
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All three major U.S. indices traded higher today Our models are projecting the SPY to trade between $270-$330 level in the next 2-3 weeks while the market is unlikely to retest $260 SPY level at this time. All three major U.S. indices traded higher...
Read MoreAfter a record two-month run, the “SPDR 500 (SPY)” suffered it’s 5th largest one day decline on Thursday. Yesterday we asked whether this was the start of a larger correction. Today, I want to discuss how the nature and structure of the...
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RoboStreet – June 12, 2020 Good Time To Hedge With Gold Big losses from fresh fears of new spikes in COVID-19 cases and hospitalizations triggered a widespread equities sell-off in what was already grossly overbought market. Traders just...
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