I’ve seen some news reports and bloggers getting all excited because the market opened with the Dow a little over 150 pts down. And people are going crazy because BTC is down almost 20% from last week. If you are getting caught up in the...
Read MoreJust a short message for you today. I hope you’re having a wonderful weekend. We are just 1 week into 2021 and things on all fronts are interesting, to say the least. Oh for the good ol’ pre-covid days when the world didn’t seem...
Read MoreStocks continue moving higher as the market shrugs off economic events such as a Covid-related lockdown unemployment jump, or the politically-inspired Capitol terrorism. The main forces allowing Wall Street to ignore what’s transpiring on...
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RoboStreet – January 7, 2021 Market Volatility Looks To Be Dead Ahead Only one week into 2021 and already a blue sweep of the White House and Capitol Hill has been realized that likely means higher corporate and individual income taxes, more...
Read MoreTuesday we talked about the volatility of this market. Monday we had a 365-point drop in the Dow, and we closed off the lows for the day. We also saw a spike in the VIX to a 2-month high of 28. Tuesday was a pretty calm day in the...
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Taking in today’s headline news, U.S. benchmarks finished impressively higher, apart from the Nasdaq which started the day trading in the green but ultimately closed in the red. Most remarkably, the Dow closed in record territory surpassing...
Read MoreLast week, I spoke about how the market is presenting a unique situation for covered call positions, thanks to an unusual options pricing structure with traders paying higher-than-normal premiums for upside call options. Today, I’d like to...
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