RoboStreet – July 22, 2021 Radical Sector Rotation At Work When the stock market can’t make up its mind as to what is a tailwind or a headwind, then volatility spikes. That’s exactly the case for the current investing landscape. The...
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Dear Reader, A few weeks ago I expressed concern over the possibility of the inflation we are seeing seeping into wages. At the time I said that if we see wage inflation we could see sustained high levels of price inflation in the...
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Following Monday’s selloff, the Dow Jones rallied impressively as the benchmark rose over 280 points. The Nasdaq and S&P were also able to close in the green as U.S. benchmarks rebounded impressively on Wednesday. On Tuesday, Netflix and Unite...
Read MoreOver the past two weeks I’ve been writing how I've turned cautious on the market with my main concern being the deterioration of market breadth. That is even as the indices were moving higher fewer and fewer stocks were participating in the rally....
Read MoreStocks are enjoying a big bounce today, recouping most of yesterday’s losses. I view this as a reflex rally and remain cautious. I’m unconvinced the selling is over. As noted yesterday, I closed bearing positions in the Invesco Power Shares...
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After closing lower last week, U.S. benchmarks continued the downward trend as all three major U.S. indices closed in the green, with the Dow seeing the biggest losses at 2%. Along with the rise in the delta variant of the COVID virus, tension with...
Read MoreDear Reader, I am writing this email a bit earlier than normal, but let’s face it… Today is going to be a big day one way or the other and I wanted to make sure I got this to you. Options360 Subscribers Hit Two Homeruns This...
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