RoboStreet – July 16, 2020 Rotation Into Value Looks Legit Without question or argument, mega-tech, biotech, and leading high-PE growth stocks have led the rally, taking the Nasdaq to a series of new all-time highs. Coming into the month of July...
Read MoreI have always been a voracious reader. Even as a teen, I used to love to read Kurt Vonnegut. He was an amazing writer, and the world lost a real treasure when he died. One of my favorite stories by Vonnegut was a short story he wrote in 1961. ...
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Our models are projecting the SPY to trade between $296-$330 level; we are raising our “worst-case” short-term scenario to $296 as sector leadership widens and China continues to break out from their recent trading channel. All three major U.S....
Read MoreStocks had a big reversal yesterday and swung wildly today. This comes just as we enter earnings season which not only will cause big moves in the individual names but heighten over volatility. This means it’s a good time to review just...
Read MoreI get a lot of questions about how I stay so calm and emotionless when I am finding and putting on trades. The simple truth is, I stay calm because I know that the worst that can happen in a trade isn’t nearly the worst that can happen in...
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Continued rise of reported Covid cases provided additional pressure on markets Markets started off the week with mixed results as the Nasdaq and S&P closed lower while the Dow held on to small gains. News of two vaccines receiving the “fast...
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RoboStreet – July 9, 2020 Alert! Golden Goose Lays Another Egg Cross-currents are forming within the market internals that have traders and investors are having to factor in and weigh out. Earnings season is just around the corner with...
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