After topping the impressive $35,000 level, the Dow Jones retreated in the afternoon and finishing in the red, snapping a 5-day win streak for the index. Market-wide pressure was seen today as the tech sector tumbled while last Friday’s monthly...
Read MoreLast Thursday I mentioned a quote from BoA that predicted “transitory hyper-inflation.” Friday I followed up with a few more details. That got a lot of attention from you and your fellow readers, so I thought I would take a closer look at...
Read MoreI hope you are having a great weekend! I just wanted to share something fun today, but first I want to let you know that Options360 is still finding new and exciting trades every week, even in this crazy market… Back in March, I wrote about...
Read MoreThis morning’s disappointing jobs report creates more confusion as to the underlying strength of the economic recovery. Many believed that this would cause a correction, but the S&P 500 made an all-time high today. It’s a bit of a...
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RoboStreet – May 6, 2021 Market Landscape Taking Notably More Defensive Tone This week has seen an accelerated rotation out of high P/E growth stocks and growth stocks in general after Treasury Secretary Janet Yellen noted in a...
Read MoreIn the past few weeks, my mantra has been to “stay nimble.” In other words, being very selective on new trades and using strategies that could pay off within days. My reasoning for adjusting my approach is that I had hit a rough patch...
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Another record day for a U.S. index with the Dow Jones recording its latest record close fo 2021, finishing 0.3% higher at 34,230. Tech suffered another downward day with the Nasdaq on its fourth losing session, down 0.3%. Yesterday, both the Dow...
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