RoboStreet May 30, 2019 A Great 5G Company to Buy on Market Weakness Much of what goes into investing is recognizing when secular- or multi year- trends are unfolding and drilling down to find which companies are going benefit from disruptive and transformational change. Typically, the transformational changes involve a major advancement in technology where […]
U.S. markets are reaching for a recovery session today as investors react to positive first-quarter GDP data for the U.S. economy. Those keen on keeping tabs on the ongoing trade dispute will get a reading on May’s purchasing manager’s index from China’s Federation of Logistics and Purchasing. As of now, other indicators available for analysis […]
Major U.S. indices traded lower at the onset of today’s trading session, and markets are particularly sensitive to headlines today, including a long-awaited official statement from special counsel Robert Mueller about the Russia investigation, an uptick in diplomatic intensitiy between the U.S. and Iran and maintainted tension in the U.S./China trade dispute. Capital inflows to […]
RoboStreet – May 23, 2019 Recreational Weed Rally About to Erupt The long-awaited legislative agenda to legalize recreational use of marijuana is now upon us. Several states have already moved to allow for the free use of pot in publicly designated café locations and places of distribution that have smoking lounges. In contrast, it’s a […]
All three major U.S. indices are in the red today behind continued U.S.-China trade uncertainty as well as the recent tariffs and tech bans. Preeminent tech and communication companies such as Google, Microsoft, and Intel continue to trade lower following the Huawei ban while European and Asian markets are also suffering, with both closing significantly […]
Markets trended lower ahead of today’s FOMC minutes release after all three major U.S. indices recorded slight gains yesterday. Besides minutes from the latest Fed policy meeting, look for further details on corporate earnings released this morning from Target and Lowe’s, as well as Kraft-Heinz. Best Buy, Hewlett Packard, and Nintendo report tomorrow. Significant economic […]
Major U.S. indices retreated on Monday as China-U.S. trade and tariff uncertainty grows. Several tech, chipmaker, and communication companies are facing sharp declines following the Huawei ban signed into effect by the White House last week. Both Sprint and T-Mobile saw shares rally following today’s statement the two are still moving forward with their merger. […]
RoboStreet – May 16, 2019 Recreational Marijuana Use In Legal Motion Despite the calls from a number of anti-drug interests, steady progress is being made to legalize recreational marijuana use. To date, 11 states have legalized weed altogether, which includes both medical and recreational use. Comprehensive medical marijuana use is now legal in 22 states […]
Major U.S. indices and futures are in the green today after a turbulent start to the week that featured tariff and global trade uncertainty. Today’s big-name earnings beat returned positive with Cisco and Walmart reporting before the market opened to better than expected results while U.S. housing and labor data also returned positively. Look for […]
Markets are experiencing a slight rebound following two days of trading lower behind tariff escalation and global trade uncertainty. All three major U.S. indices are currently trading higher following positive earnings beat from Macy’s and Alibaba, ahead of Cisco’s release today after market close and Walmart’s release tomorrow before the market opens. Retail data for […]
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