There are two types of trade adjustments, the fun and enjoyable type where you’re locking in gains, and the less enjoyable one where the actions are defensive and meant to minimize risk or potential loss. Today, I’ll address the latter as...
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All three major U.S. indices closed deep in the red, over 1.5% down but off session lows, as data showed COVID-19 cases continue to rise while stalled stimulus talks in D.C. also pressured stocks. Last week, all three indices finished lower for the...
Read MoreRight now, as I write this, the market is getting hammered. With the election up in the air, Covid seemingly starting a second wave in Europe, and earnings season in full swing…. We have a massive amount of uncertainty in the market. And...
Read MoreWow! When I sent Thursday’s email about the election I didn’t expect to have so much blowback from it. Almost as soon as I hit send, the emails started flying back at me…. And some of them were downright hostile! Most of the...
Read MoreMarket rally regardless of the election outcome The stock market has been herky-jerky over the past two weeks as it reacts to every bit of news regarding a new stimulus package and awaits election results. Although I doubt any stimulus will come to...
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I try to avoid making these kinds of predictions because making predictions is a losing proposition. Not to mention I have been doing this long enough to know that the market can do almost anything… And often will!. The only way to play...
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RoboStreet – October 22, 2020 Mail-In Election Poses Some Market Risks The latest tally of ballots having already been mailed in is over 50 million, which is more than three times that of the 2016 election. To think that the current systems in...
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