Today marks the end of Q3 and, boy has it been a wild one. I know we all want 2020 to be finished. On the bright side, things can always get worse. It would behoove us not to reflect on this unprecedented yet opportunistic time, as it’ll provide...
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Optimism for an additional economic relief continue to provide markets support All three major U.S. indices booked solid gains to start the week after finishing lower last week. Optimism for an additional economic relief bill and successful vaccine...
Read MoreAnd off we go to the moon again, maybe. As I write this the Dow is up over 500 points, the S&P is up 1.69%, and the NASDAQ is up a point and a half. We shall see if this keeps going or if it’s just a bear trap. I’m not prepared to...
Read MoreI’m sure you’ve seen Martin Scorsese’s movie “The Wolf of Wall Street.” In it, Leonard DiCaprio plays Jordan Belfort, a young stockbroker who became very rich by selling penny stocks to large investors… Something no one else had...
Read MoreCOVID-induced lockdown leave people with a lot of time The retail trading surge over the past few months has been well documented as a confluence of forces such as the COVID-induced lockdown leaving people with a lot of time. However, limited...
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RoboStreeet – September 24, 2020 Bulls Groping For A Bottom As Rough September Plays Out History has rarely been on the side of the bullish camp in regards to market performance, and 2020 has been a genuine page out of the history books. The...
Read More42 days where the SPY and QQQ have moved above 2% Within the first trading hour on Thursday, both the “SPDR S&P 500 (SPY – Get Rating)” and “Nasdaq 100 (QQQ – Get Rating)” dropped 1.1%, rallied 2%, then declined 1.3% before...
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