Last week, stocks posted their best week in 46 years and assuming Friday’s rally holds are on pace to gain over 15% for the two-week spa, this would leave the “SPDR Trust (SPY)” a full 25% off the March low and just 16% below the all-time...
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U.S.Corona total cases has eclipsed 500,000 with 23,000 deaths Markets are trading lower to open the week after an impressive streak of gains for U.S. markets was contrasted with record unemployment last week. Although the S&P, Nasdaq, and Dow...
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Concern regarding the continued impact of the virus mounts Markets are seeing a sharp decline following two straight sessions of trading higher as global COVID cases top 2 million. Weaker than expected economic data and corporate earnings are also...
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RoboStreet – April 9, 2020 Fed Unleashes Fire Hose Stimulus Against a grim set of employment data, the FED responded with an all-out attempt to provide a massive infusion of liquidity to stressed sectors of the capital markets, like...
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The worst part of the selloff is behind us With the current market conditions in mind, we believe the market is still susceptible to a 10-20% selloff from current SPY levels. It appears the worst part of the selloff is behind us but investors should...
Read MoreEarnings season kicks off this week with the big banks such as “JPM Morgan (JPM)”, “Bank America (BAC)” and “Goldman Sachs (GS). The following week things shift into a higher gear as tech names start taking center stage with “Netflix...
Read MoreThe stock market continues to fluctuate wildly, and the VIX, a measure of implied volatility is sticking above the 40% level. That’s down from the recent high of 85% but still well above normal levels, but still ranks in the top 10% of all-time...
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