I hope all of my readers in the US had an amazing Thanksgiving Day and Black Friday. Did you know that Black Friday is the day when most retailers “enter the black,” an accounting term meaning they become profitable. (A company in the...
Read MoreThe market got hammered on Friday! WOW! And this morning we saw a little bounceback, but I’m not convinced we are out of the woods yet. Overall this is an exciting time for us traders. There’s a lot of opportunity just waiting in the...
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RoboStreet – November 25, 2021 Overbought Dollar Is Buy Signal For Commodities What a wild week for the stock market. The Nasdaq rallied to a new all-time high early Monday, only to reverse sharply lower and take the tech-rich index down by 3.8%...
Read MoreFirst I want to take this moment to say that I am incredibly thankful for you and all my readers. While I am happy to trade my own money full time, I find a substantial amount of meaning in working with retail traders to help them find more...
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The holidays are coming up, and it’s always a trying time for investors. With the shortened trade week ahead of us, we have to face down the end of the year as well – but what will happen? The VIX has been on an upward trend lately, with the...
Read MoreThere’s a running narrative that inflationary is leading to a rise in interest rates, which in turn, is causing the sell-off in technology names. The fundamental reasons why higher rates would hurt high valuation names is simple and holds some...
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After hitting multiple highs last week and starting strong on Monday, the major indices such as PowerShares Nasdaq 100 (QQQ) and SPDR S&P 500 (SPY) sharply reversed lower — ending the day down by 1%-plus each with the selling continuing this...
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