Back in my day as a market maker on the floor of the Chicago Board of Options Exchange (CBOE), the third Friday of the month was known as ‘gamma day.’ That was prior to 2005 when weekly options were introduced—to show my age I was on the...
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U.S. indeces end a winning streak from last week Major U.S. indices retreated in early morning trading following last week’s impressive gains. The latest June employment reports produced impressive numbers and lowered investor-confidence for...
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S&P at fifth straight day in the green Markets remain on the move up this week with the S&P recorded its third straight day at an all-time high level and its fifth straight day in the green. Today’s trading session closed early All the...
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RoboStreet – July 4, 2019 Believe It Or Not – Bitcoin Is Back These are crazy times for stock market investors. The major averages are within a whisker of new all-time highs while global bond yields are plunging to new historic lows amid a...
Read MoreWith gold hitting a 5-year high, it’s time for me rethink the yellow and the role it plays it both the broad investment landscape and possibly my own portfolio. I’ve been a longtime skeptic of gold and remain stubbornly bearish regarding its...
Read MoreWith July 4th upon us, and the potentially world-changing events being negotiated as the U.S’s President Trump and China’s Xi pore though texts — both ancient and modern looking for the upper hand — now’s a good time for us mere plebes to...
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S&P hit an intraday record following positive news Markets are on the rise today following positive reports from the G20 summit where U.S.-China met to discuss trade. The S&P hit an intraday record behind the news both sides agreed to avoid...
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