In just 3 and a half weeks this crazy year will finally come to an end… But there’s no reason to believe that the craziness will end. We are looking at renewed calls for shutdowns, only this time people are refusing to comply. Some...
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After closing at an all-time high on Friday due to stimulus confidence, U.S. markets traded to mixed results on Monday with the S&P and Dow trading slightly lower while Nasdaq booked small gains. On Capitol Hill, both President Trump and Senate...
Read MoreThis bull market isn’t like most of the markets we’ve seen in the past. Yes, stocks are going up, and riding the bull to higher gains makes a lot of sense. However, this bull market can gore you as quickly as it makes you a hero. Let me...
Read MoreEver since I started working as a financial journalist and newsletter editor I have always told the truth about the markets, even if it wasn’t a popular thing to say. It has almost cost me a job in some cases… And I almost got “punched...
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RoboStreet – December 3, 2020 Hot Sector Sets Up For Bigger Move News that a compromise stimulus bill is getting traction on Capitol Hill is helping to fuel the uptrend for the market, that in many respects is technically extended. However,...
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Stocks posted their second-best month in over 20 years as the SPDR 500 (SPY), Nasdaq 100 (QQQ), and Russell 2000 (IWM) gained 12%, 14%, and 18%, respectively. The only month a blend of these major indices performed better was this past April with...
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Until an additional breakout is sustained, our models are projecting the SPY to trade between the $340-$360 levels. With growing momentum regarding additional fiscal stimuli, as a bipartisan effort makes its way through Congress, major U.S. indices...
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