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....
Read MoreWithin 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 settling around midday while attempting to...
Read More
Latest top for the SPY is set at $360 After snapping a multi-day losing streak on Tuesday, major U.S. indices returned gains with the S&P and Nasdaq on track for over 1% losses while the Dow trades 0.90% lower. The latest top for the SPY is...
Read More“He’s lucky he isn’t paralyzed or dead.” That’s what the ER doctor told my parents. You see, when I was a kid I loved sports. I played tennis, basketball, and I especially loved swimming in lakes and the ocean primarily. One...
Read MoreBack in my youth, while I whiled away the days in the bond pit on the floor of the “Chicago Board of Options Exchange (CBOE)” there were several days marked on the calendar each month as “most important.” In other words, you better show up...
Read MoreOn Saturday the 13th, I sent an article that explained why I was looking for a steep market decline. This Sunday, I sent you an email with a link to the same article because I felt sure that it was a very timely message… And today seems to be...
Read More
U.S. fiscal stimulus stalling and global concern regarding COVID drag down markets in red Markets continue to slump after finishing lower last week as all three major U.S. indices are on track to book losses of 1.5% or more for the day. With the...
Read More