S&P 500 Hits Record High on Lower Closes

January 26, 2021 By: Todd Mitchell

The stock market was tentative throughout Tuesday’s session before closing lower as investors braced for a number of high profile earnings after the close and the start of Fed’s two-day policy meeting. The S&P did manage to test a fresh intraday all-time high while volatility continues to hold a key level a resistance after also closing in the red. The Russell 2000 tested a midday low of...

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Extreme Option Profits Chart of Day…SunPower (SPWR)

By: Todd Mitchell

With Biden heading to the White House, cannabis stocks are picking up a good deal of momentum including Aurora Cannabis (ACB).  In addition, Biden’s pick for health and human services secretary, Xavier Becerra, who supports legalization. “Just as we allow alcohol to be sold, we’ve come into the 21st century and announced that it’s better to regulate MJ than criminalize it. The federal...

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Market Ends Mixed in Choppy Session

By: Todd Mitchell

busThe stock market tested fresh record highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president. Biden wasted little time turning the page on the Trump era, signing 15 executive actions in the afternoon on issues including the coronavirus pandemic, the economy, and climate change. Solid earnings results from the Financial and Tech sectors added to the bullish sentiment along with...

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AT&T earnings to kick off a defining year for telecom giant

January 23, 2021 By: Todd Mitchell

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Tech Taps Another Record Peak as Bulls Get Weekly Win

By: Todd Mitchell

The stock market traded on both sides of the ledger before closing higher on Tuesday and ahead of a congressional vote on a resolution that calls for Vice President Pence to invoke the 25th amendment and removing President Trump from office. The vaccine continues to be rolled out in the U.S. amid ongoing and rising coronavirus cases but the pace in some cities has been slower than anticipated...

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Hershey sees business opportunity in family movie nights, tight budgets as Covid pandemic drags on

January 22, 2021 By: Todd Mitchell

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