RoboStreet – December 17, 2020 Tech-Led Santa Claus Rally In Full Stride The big-cap tech sector has re-emerged as a torchbearer for the year-end rally that is underway as of this past Monday. Following a textbook set up the week the...
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Focus remains on the latest version of the government spending bill Markets traded to mixed results today, as the S&P and Nasdaq booked modest gains while the Dow closed 0.15% down. The latest decision from the Federal Open Market Committee was...
Read MoreQuick email today. Earlier today stocks hit intraday highs on news that Congress is getting close to an almost $900 billion dollar stimulus deal. More borrowed money, more Fed printing… And an even higher run-up in stocks. At this...
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Big cap tech stocks, especially those comprising FAANG — Facebook (FB) Amazon (AMZN) Apple (AAPL), Microsoft (MSFT) Netflix (NFLX), and Alphabet (GOOGL) — had been carrying the major indices for a majority of the past two years. Bears like to...
Read MoreWhile the market seems to grind higher every day, it can still be buffeted by coronavirus-spread headlines, the pace of economic recovery, and fiscal policy stale. This has made trading a bit herky-jerky, especially in options where the value’s...
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Positive news regarding the COVID vaccine support stocks With a U.S. vaccine rollout in sight, markets traded to mixed results to start the week as positive news regarding the COVID vaccine supported stocks while continued lack of progress...
Read MoreWe are just over 2 weeks away from ending 2020. How was the year for you? Obviously, it was a crazy year for society. A year many want to forget. Riots, the pandemic, the election insanity that is STILL going on… But how was the year...
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