Wow, the market has been getting smashed since noon. I guess no one believed what Powell said in his talk today. Wall Street seems to have just lost confidence in the Fed. Still, even among the carnage, I sent out an alert at around...
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After a strong start to the week, U.S. benchmarks shed gains with all three major indices closing in the red. The Dow, S&P, and Nasdaq slipped for the second straight session with the tech sector seeing heavy selling pressure while U.S. Treasury...
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Bearish positions with my first two targets being Caterpillar and Deere Yesterday, I discussed how I was starting to seek out some bearish positions with my first two targets being Caterpillar (CAT) and Deere (DE). They both opened lower and I...
Read MoreWhile I’m not turning overtly bearish, I’m tempering my bullishness which has me searching for short candidates to help balance out my Options360 Service positions. Currently, Options360 has 9 open positions, and although I’m happy with them...
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Latest stimulus package passed On the first trading day of March, all three major U.S. indices booked gains today, with the Nasdaq leading at over 3% gain while the S&P records its biggest gain of 2021. After struggling last week, U.S...
Read MoreThe market is on fire today. I’ve been saying that I expect the bulls to reassert themselves, and it looks like they might have. Of course, we need more than one strong day to know if this is going to stick… But it is a good...
Read MoreIf you have been reading my emails very long, you know I have been in and around the markets all my life. From 12 years old running for my father’s brokerage summers to one of the youngest members of the American Stock Exchange to being a...
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