Bulls Tap Fresh Record Peaks

The stock market closed mostly lower on Thursday and ahead of President-elect Biden’s announcement after the close on his economic stimulus plans. The major indexes did tap fresh record highs, excluding the S&P 500, with the stimulus package expected to be around $2 trillion. However, the last hour of selling pressure erased much of the […]

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Extreme Option Profits Chart of Day…Plug Power (PLUG)

Plug Power (PLUG) is exploding to all-time highs. Over the last few weeks, the stock ran from a low of 15 to $66.    And it could run even higher.  All as demand for green hydrogen picks up momentum. Better, Goldman Sachs is already calling green hydrogen a “once in a lifetime opportunity,” says Barron’s.  […]

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Indexes Trade in Tight Ranges to End Mixed

The stock market closed mixed on Wednesday and ahead the House vote to impeach President Trump for the second time. The ongoing political drama comes ahead of President-elect Biden’s administration stimulus proposals and the promise of the vaccine to allow a return to normal activities in the second half of this year.   The Nasdaq […]

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Small-Caps Tag Fresh Record High

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 […]

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Extreme Option Profits Chart of Day…Global X Genomics and Biotechnology ETF (GNOM)

Gene-editing has become one of the top investing buzzwords. All as gene editing show progress in identifying and potentially curing diseases.  Plus, according to Ark Investment Management CEO Cathie Wood said, “I would have to say the biggest upside surprises are going to come from the genomic space. That’s because the convergence of DNA editing, […]

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Profit Taking Sends Market Lower

The stock market backed off from record levels to settle lower on Monday as investors locked in profits following last week’s strong rally and continued run towards all-time highs. News that House Speaker Pelosi is looking to impeach President Trump again if Vice President Pence doesn’t attempt to remove him weighed on sentiment.   The […]

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Market Stays Strong on Continued Stimulus Hope

The stock market tapped another round of record highs on Friday, excluding the blue-chips, as hopes of more stimulus were confirmed after President-elect Biden said his economic package will be in the trillions of dollars. This offset a disappointing jobs report that showed the economy lost jobs for the first time in eight months in […]

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Bulls Keep Ongoing Momentum

The stock market showed momentum for the third-straight session as Congress certified President-elect Joe Biden’s victory in the Electoral College early Thursday morning. The recognition by Congress, along with the Democratic capture of the two Georgia senate seats, fueled optimism with President Trump also promising an orderly transition on January 20th.   The Nasdaq tested […]

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Extreme Option Profits Chart of Day…Canopy Growth (CGC)

With the Democrats likely to sweep Congress, cannabis stocks are likely to push higher.  After all, according to analysts at Cowen, as quoted by Seeking Alpha, “A Democratic sweep makes Chuck Schumer the majority leader. That means there will be a vote on legalization.” Plus, remember Joe Biden just selected Xavier Becerra to serve as […]

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Bulls Stay Strong Despite Chaos in DC

The market was resilient throughout Wednesday’s session following the outcome of the Georgia senate elections and the late day chaos that played out in our nation’s capital. The capture of the second seat by the Democrats likely opened the door to a presumably sizable increase in fiscal spending as the incoming Biden administration’s agenda will […]

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