RoboStreet – January 21, 2021 Markets Feeling Better About Vaccine Rollout In light of a slow start out of the gate, vaccinations across the U.S. are picking up at rapid speed. As of yesterday, over 17 million people have been inoculated in the U.S. and over 54 million around the world. Both caseload and hospitalizations […]
U.S. Markets impressively rose today as Joe Biden was inaugurated to be the 46th U.S. President while corporate earnings continue to post impressive results. All three major U.S. indices closed in record territory with the Nasdaq leading the way, up 1.97%. Markets are responding positively to the inauguration as last week Biden unveiled his nearly […]
RoboStreet – January 14, 2021 The Reflationary Trade Is On The investing landscape for 2021 is rapidly shaping up to favor the domestic and international reflation-related sectors. Several positive factors argue well for this thesis in that so many areas that have lagged or been hampered by deflationary forces are back in play and have […]
U.S. Stocks largely finished in the green today after struggling for direction on Tuesday, with the S&P and Nasdaq closing in the green while the Dow closed 0.03% lower on Wednesday. Once again, the House of Representatives voted to impeach Trump while Senate Majority Leader McConnell stated the Senate would not move forward with impeachment […]
After reaching record territory last week, U.S. benchmarks closed in the red to start the week. The growing rate of COVID cases and possible fallout from last week’s Capitol Hill events have hindered market sentiment as we approach mid-January. This week, earnings season is due to kick off with major banks reporting while next week […]
RoboStreet – January 7, 2021 Market Volatility Looks To Be Dead Ahead Only one week into 2021 and already a blue sweep of the White House and Capitol Hill has been realized that likely means higher corporate and individual income taxes, more stringent regulatory oversight, and massive deficit spending. The market’s reaction was pretty counter-intuitive, […]
Taking in today’s headline news, U.S. benchmarks finished impressively higher, apart from the Nasdaq which started the day trading in the green but ultimately closed in the red. Most remarkably, the Dow closed in record territory surpassing 30,829 while the small-cap Russell 2000 recorded a 3.98% gain. Yesterday’s Georgia runoff election results appear to be […]
Major U.S. indices ended 2020 in record territory as the S&P saw a 16% gain for the year while the Dow was up over 7%; the Nasdaq led indices with over 43% gain which marks its largest one-year gain in over 10 years. To start off 2021, however, markets dipped with all three major U.S. […]
RoboStreet – December 31, 2020 A Banner Year For Our AI-Driven Investing As we look back on the year, 2020 will easily go down as one of the most intriguing, challenging, and exciting years of stock market investing. The pandemic led to the bifurcation of winners and losers and also how the wealthy got much […]
After finishing slightly lower on Tuesday, U.S. benchmarks once again neared record territory as all three U.S. indices closed in the green. As volume continues to wind down with the year wrapping up, not many events are currently impacting markets. Most likely, yesterday’s blockage of an increase on aid payments from $600 to $2000 by […]
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