RoboStreet – December 19, 2019 Santa Claus Rally in Full Swing By definition, Wall Street labels a rising market the last two weeks of December as the infamous “Santa Claus rally,” and this year it looks as if Santa showed up with a fully...
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Another all time high for U.S. indices Major U.S. indices set new intraday highs as markets continue to maintain gains following last week’s U.S.-China agreement. Over in D.C., the House of Representatives have elected to impeach President Trump,...
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U.S. indices in the green for the sixth straight day Major U.S. indices are on track to close in the green for the sixth straight day as Friday’s “Phase One” U.S.-China deal continues to support markets. Impeachment proceedings in D.C. have...
Read MoreU.S stocks are enjoying an unprecedented outperformance over emerging markets. Can it continue, or is now the time to rotate money overseas? There is beginning to be the belief that if the trade tensions get resolved, and tariffs removed, it...
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U.S.-China deal keeps U.S. markets on all time highs Today, markets are maintaining their gains after nearing record highs on Friday following two key global developments: the completion of the U.S.-China “Phase One” deal and the U.K.’s...
Read MoreBack in 1992 when I was a market maker on the floor of the Chicago Board of Options Exchange (CBOE) and Board of Trade, a crazy event occurred; Lake Michigan started pouring into underground tunnels and flooding the city in what became known...
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Record highs for U.S. indeces Major U.S. indices neared record highs today off promising U.S.-China trade-deal news while also positively receiving the latest Fed policy update. Yesterday, the Federal Open Market Committee decided to keep rates...
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