The “Nasdaq 100 (QQQ)” has been on fire with one of the hottest sectors being digital payment platforms. Shares of “Square (SQ)” and “Paypal (PYPL) are up 92% and 87%, respectively, since their March lows. While they still have a bright...
Read MoreIt was a long time ago. I was working for my father’s firm running trades for the brokers. I had saved my money from college and working. I decided that it was time to put on a trade for myself. I searched the financial press, studied charts,...
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Until the market reaches $320 level for SPY, aggressive traders can consider adding to their positions. Our models are projecting the SPY to trade between $285-$330 level. We are raising our “worse case” short-term scenario to $285 with China...
Read MoreLast quarter’s earnings season was a riddle, wrapped in an enigma, in which investors were essentially willing to throw away the results and accept the lack of forward guidance from companies as the economy was shut down due to the Covid-19...
Read MoreAssuming today’s gains hold, the “Nasdaq 100 (QQQ)” will have posted gains on six consecutive days — up 15 out of the last 16 and now up 51% from the March lows and registering a 23% for the year-to-date. Zowie! We’ve spilled much ink...
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All three major U.S. indices trading significantly higher After the holiday weekend, markets held onto their gains with all three major U.S. indices trading significantly higher. Tech and finance shares booked sharp gains while global markets also...
Read MoreBefore we get started, let me differentiate between investing and trading. I’m going to speak in very broad strokes for the purposes of this article, so if you want to nitpick you can. But, it still won’t change the point I am making which...
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