Longs: STX SRCL SODA Shorts: AMGN KORS MGM
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All Domestic equity markets closed with weekly losses. The S&P 500 closed under its 50-day moving average, and down -1.22%, right on its lows for the week. it’s the lowest close since mid-February. The deterioration of the Trump bump trade …
Stocks Covered SPY Longs RHT ADBE Shorts INTC GOOG NFLX
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We cover SPY REGN AMZN Longs Corn GLD SRCL Shorts FNSR SINA
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US equities markets bounced nicely last week after an awful -1.0 % gap down Monday morning. The S&P 500 ended Monday flat and the week positive +.80%. It fulfilled prophecies of more volatility ahead, the by-product of the recent 109-day …
Stocks Covered: SPY Longs: AAPL TSLA REGN Shorts: NVDA AMZN YUM
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Pyyrho -Greek Philosopher (The First Skeptic)
The S&P 500 did the unthinkable, it actually had a -1.2% down day last Tuesday.
This action broke the 109 day streak of S&P 500 trading without a correction of greater than 1%. The …
U.S. equities mostly inched their way forward this week, digesting another rate hike of .25% by the Federal Reserve. In fact, after the hike, rates dropped and equities rallied. The dollar dropped as well.
Metals, especially gold and copper, ended …
Stocks Covered SPY Longs DIS FISV CLDX Shorts GE GGP ROST
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Stocks Covered SPY Longs: REGN AAPL ADBE Shorts: INTC TPX SFM
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