Did Wall Street Just Pick the Next President?

Did Wall Street Just Pick the Next President?

Our caution last week proved to be the right choice with stocks head-faking “buy on the dip” types. The markets fell sharply to close out trading last week. Wall Street chose a deep red to start the new week with...
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A Pair Of Insiders Fishing For Value May Have Caught A Keeper

A Pair Of Insiders Fishing For Value May Have Caught A Keeper

Insiders stepped up their buying after returning to work following Labor Day. Executives, directors, 10% owners and institutions spent a collective $6.2 billion buying stocks last week. That’s a healthy number. Despite parting with a pile of cash, we only...
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We Pick Patience Over Pain

We Pick Patience Over Pain

Stocks started the week on the right foot, that’s good. However, the NASDAQ is still hugging its 50-day moving average and needs some more liftoff for us to feel comfortable being on the bullish side of the market. As our...
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What the Hell Did this Insider just Do? It makes no sense, unless…

What the Hell Did this Insider just Do? It makes no sense, unless…

If you remember the kids TV show, Electric Company if memory serves, maybe it was Sesame Street, anyway, whichever used to have a regular skit about one of these things is not like the others. They’d show three apples and...
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Trump Or Biden: The S&P 500 Picks The Winner

Trump Or Biden: The S&P 500 Picks The Winner

It took a couple of days, but Wall Street reacted as we expected it to as the indexes were overbought. In case you missed it, this is what we wrote last week: “The stock market is primed for profit taking....
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Stocks Fell More Than 5% The Last Time This Happened…

Stocks Fell More Than 5% The Last Time This Happened…

This is going to be a relatively quick one. Sometimes there isn’t much to say as the storyline is straight forward. The stock market is primed for profit taking. It’s that simple. The DOW may have gotten the jump on...
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Is Tech On Tired Legs?

Is Tech On Tired Legs?

Be careful with market moves until after Labor Day. Don’t get us wrong, we’ll take an up day for stocks anytime. However, it could be easy come easy go for gains with losses reversed in a flash for the next...
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Why WWE Could Make You Feel Like A Champ In 2021

Why WWE Could Make You Feel Like A Champ In 2021

The NASDAQ popped to start the week; the S&P 500 managed a small gain and the DOW ended with a small loss. Despite mixed results, the three major indexes are essentially in the same position. Each is perched at the...
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This Stock Is headed For Outer Space

This Stock Is headed For Outer Space

Up, up…. And the DOW finished in the plus column for the seventh day in a row. The senior index was the top performer last week, which is not surprising as the DOW had a lot of catching up to...
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