All three major U.S. indices lowered today behind poor global economic data while U.S. and China negotiations continue. Both sides are shifting focus toward drafting a formal deal that would predominantly address currency, intellectual property rights, cyber theft, tariffs and more. Global and U.S. economic data is in focus today along with a select number […]
RoboStreeet – February 21, 2019 Near Term Market Headwinds A Likely Scenario The S&P 500 is working on a nine-week rally and is butting up against its next big technical overhead test at 2,800. Positive momentum surrounding the US/China trade talks, a fairly dovish set of minutes from the most recent FOMC meeting and the […]
U.S. indices modestly rose in early morning trading ahead of today’s Federal Open Market Committee January-meeting minutes release. Global trade talks remain in the spotlight with developments in both China-U.S.and Brexit negotiations, ahead of their respective deadlines. Earnings season continues to wind down though several big-name companies are still scheduled to report. SPY support is […]
RoboStreet – February 14, 2019 The Perfect “Match” for the Week of Valentines Day Digital dating is how millions of people connect and find their future mates. The world of online subscription dating businesses is flourishing with broad services and those that are very specific in the audiences they target. One of the most successful […]
Major U.S. indices are mixed as China trade talks continue in Beijing while lawmakers in D.C. look to avoid another potential government shutdown before tomorrow’s deadline. Non-disruptive news from China and the bipartisan effort in Congress to keep the U.S. government open are supporting markets today while underwhelming economic data provides some pressure. Major earnings […]
Markets are on the move up today as political and global trade tensions ease with continued development on both ends sparking optimism. The U.S. partial government shutdown looks to be avoided as Congress drafts a bill that the President will need to sign by midnight Friday to keep the government open. Also supporting markets today […]
Today, markets are mixed with the Dow trading slightly lower while the Nasdaq and S&P are on track to record modest gains. All eyes are on the potential of another government shutdown this Friday when the current stopgap funding bill, which ended the longest government shutdown in U.S. history last month, is set to run […]
RoboStreet – February 7, 2019 Finding More Tech Diamonds in the Rough After seven weeks of steady gains, the stock market is taking a pause as overhead technical resistance provides an opportunity for investors and traders to book some gains. Many leading stocks are quite overbought so some consolidation is warranted and it will be […]
Markets are trading lower today as global unrest returns after unfavorable news from China-U.S. trade talks shows how far apart the two sides are from coming to an agreement. Elsewhere, corporate earnings continue to dominate financial headlines with a large number of before-market reports releasing today including T-Mobile, Philip Morris, Yum! Brands and more. Twitter […]
Major U.S. Indices are on track to close modestly lower today, snapping a multi-day streak for the S&P and Nasdaq. With most household names already reporting and a scaled-back number of reports scheduled in the days to come, corporate earnings season is winding down. Yesterday’s State of the Union address by President Trump touched on […]
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