We’ve been talking about meme stocks a lot, on and off, for the last few months. Let’s face it, the topic is dominating financial headlines and you can’t be a financial journalist without talking about it. Get the full Options360...
Read More
RoboStreet – June 10, 2021 Bullish Biotech Breakout Equity markets are in flux, sensing tighter Fed policy will emerge later this year to stem growing evidence of inflationary pressures. There are signs of upward pricing pressures in just...
Read More
The Journal reported this morning that prices jumped in May by 5% year over year. Is this the result of an economic rebound and a healthy sign for the economy… Or is it a sign that money printing, generous unemployment benefits, and money...
Read More
All three major U.S. indices closed lower as a late-afternoon dip brought benchmarks into the red. The Dow is now going on its third losing session while long-term U.S. Treasury yields dipped to a multi-month low. Inflation remains at the forefront...
Read MoreAll the major indices, S&P 500 (SPY), Nasdaq 100 (QQQ) and the Russell 2000 (IWM) are within 1.5% of their all-time highs. Whatever theories you might have trying to dismantle the bulls’ never-ending rally, discard them. In my Optons360...
Read MoreThe meme game continues to be played with Wendy’s (WEN) being today’s anointed name; shares of the fast-food company jumped by 25% in early trading on nothing more than word r/WSB targeting it as the next stock to run. As I discussed in...
Read More
After passing its all-time high, the Dow closed with modest losses today while the Nasdaq and Russell 2000 were able to book small gains. Last week, May’s monthly employment report was released and showed a pickup in jobs from the previous...
Read More