Markets are trading slightly higher today ahead of the New Year holiday when markets will be closed for the day. After a seesaw week that had the market hit historic lows and rallies, careful optimism in China-U.S. trade relations behind sustained progress has U.S. indices marginally trading up today. The partial government shutdown has slowed […]
RoboStreet – December 27, 2018 Taking a Position is the Market’s Most Coveted Company The Market’s Most Coveted Company is Taking Position The S&P 500 rallied 5% on Wednesday from what many believed to be extremely oversold conditions on a short-term basis. Rebounding oil prices, strong holiday sales, strong insider buying, and some short covering […]
After yesterday’s historic rally, markets lowered today but set new lows at $230-233 for the SPY before rallying in the afternoon. Key support in the short term is $240 as the market continues to trade in the range of $233 and $253. All three major U.S. indices recorded gains of 5% yesterday but are lowering […]
Returning from the Christmas holiday, markets lowered in early morning trading only to rally in the afternoon behind strong retail, energy, and tech information sectors. All three major U.S. indices are up today after sharp declines on Monday added to a historically bad December. The partial government shutdown continues to linger over the market as […]
U.S. stocks and indices are trading sharply lower today after unsuccessful attempts to avoid a government shutdown last week were dead on arrival in both the Senate and the House. Markets will close early today for the Christmas holiday and will be completely closed tomorrow. As long as the market remains below $253 it is […]
RoboStreeet – December 20, 2018 Profiting Big From the Stock Market Correction The S&P 500 has extended Wednesday’s Fed-induced sell-off. Worries about a monetary policy mistake being made, in conjunction with ongoing concerns over trade, economic growth, possible and politics, have held back buying interest so far. Fear and volatility are rising fast with each and […]
Markets are down after the fourth interest rate hike of the year was introduced yesterday, raising rates from 2.25% to 2.5%, in the updated fed policy, which also indicated at two hikes for 2019. All three major U.S. indices are also trading lower over the fear of a partial government shutdown that could occur tomorrow […]
Stocks rose in early morning trading ahead of the final FOMC meeting of 2018. The policy update saw its fourth interest rate hike of the year and comments following the meeting from Chair Jerome Powell reverted market conditions in the afternoon into negative territory. Currently, all three major U.S. indices are down. Other key factors […]
Major U.S. indices are down today after recording big losses to end last week. General trade optimism lessened and economic reports from both the U.S. and China signaled at a more problematic recoupling for two of the world’s biggest economies. Industrial and retail data for China was lower than expected while U.S. manufacturing and service […]
RoboStreet – December 13, 2018 Picking the Next Hot Primo Pot Stock Merger! While the broad stock market struggles to find its year-end footing, big blue-chip consumer staples companies are wasting no time vaulting into the cannabis space with the announcement of multi-billion dollar M&A deals. The proverbial writing is on the wall and the […]
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