RoboStreet – April 23, 2020 Selling On Earnings News Could Paint Tape First-quarter earnings season is in full swing and giving investors some clues as to what to expect over the next two to four weeks. Heading into the front end of the...
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Chairman Jerome Powell's speech on March 26th made a near 30% rally in the stock market When the Federal Reserve initially stepped into the breach on March 26th to stop the sickening stock slide, Chairman Jerome Powell stated he’ll, “never...
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Speech by Chair Powell on current economic issues move the markets down Today, markets traded lower as Fed Chair Jerome Powell provided uncertainty regarding the projected length of an economic recovery and stated additional government aid could be...
Read More“How do you square this circle?” by Andrew Ross Sorkin One of CNBC host and NY Times columnist Andrew Ross Sorkin’s favorite phrases for linking the sausage of thoughts while interviewing an evasive guest is, “how do you square this...
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SPY will trade between $270-$295 level in the next 2-3 weeks Based on our models, the SPY will trade between $270-$295 level in the next 2-3 weeks. Several sectors have already broken through their recent overhead resistance levels, eliminating the...
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RoboStreet – May 7, 2020 Bumping Up Against Resistance…Again Rising hopes of the economy getting back on good footing by mid-summer has the broad market making another attempt at challenging overhead resistance for the SPY at the $290-$295 level...
Read MoreIf the decade following the 2008 financial crisis was often referred to as the ‘most hated rally’ of all time, the past month has to be the most baffling bounce in history. We’ve just suffered through a self-inflicted global shutdown, which...
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