Joe Biden the 46th U.S. President U.S. Markets impressively rose today as Joe Biden was inaugurated to be the 46th U.S. President while corporate earnings continue to post impressive results. All three major U.S. indices closed in record territory...
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RoboStreet – January 21, 2021 Markets Feeling Better About Vaccine Rollout In light of a slow start out of the gate, vaccinations across the U.S. are picking up at rapid speed. As of yesterday, over 17 million people inoculated in the U.S. and...
Read MoreThe markets aren’t moving much today, however, I still expect more upward momentum as I wrote on Friday of last week. In that email, I also warned about “irrational exuberance,” a term coined by Alan Greenspan in 1996. As a...
Read MoreClichés and sayings become such because they usually contain a kernel of truth, and they typically come packaged in a short and pithy easy-to-remember statement. The world of trading and investing is littered with such utterances. It often...
Read MoreFederal Reserve backstop for stock prices We all know that the Federal Reserve has been providing a sea of liquidity. It acts as a backstop for stock prices. You might have been cheering or decrying the Central Bank policies over the past few...
Read MoreDear Reader, First I want to recognize that today is Rev. Martin Luther King Jr Day. He was a great man, and PEACEFULLY pulled America towards a more untied and equal society. I suspect he would be very upset to see where we are today,...
Read MoreI got a lot of emails and questions this week about the stall in the market’s upward trend. As I write this on Friday afternoon, the market is down just over ½ of a point since last Friday’s close. That’s hardly a crash. I...
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