RoboStreet – November 29, 2019  Black Friday Brings Good Deals and Good Trades  As sure as Thanksgiving was a time of expressing gratitude and sharing time with family and friends, the following day is considered the official kickoff shopping season for Christmas. Black Friday brings all the discounts, bargains, and special “one-time” deals consumers are […]

Major U.S. indices are on track to close in the green today after reaching record highs yesterday. The Dow opened in the red this morning behind struggling Boeing and Caterpillar shares, as well as Deere earnings which released this morning and saw shares lower over 4%, only to rebound in the afternoon. U.S. markets will […]

Indices are trading up today following a weekend raft of positive corporate merger news and an upbeat tune to trade deal commentary from China and the United States. The S&P 500 rose 0.6% to 3,129 today, above its last closing high of 3,122.03 on 11/18. The Nasdaq also breached its last closing record (11/19) by […]

RoboStreet – November 21, 2019  All Things China are Ruling the Rally  There is no denying the pivotal force behind the daily stock market activity is the tone of the trade negotiations between the U.S. and China. The flow of headlines, some of which can be corroborated and some of which quote “a source close […]

Indices are trading lower at the outset today following weaker than expected labor market data and some unsure footing in the China/U.S trade deal. The U.S. Congress passed a bill in support of protests in Hong Kong, a move that was expected to have direct repercussions in the China/U.S. trade deal. A Chinese invitation to […]

All three major U.S. indices are on track to close in the red, following several record-days for the Nasdaq, as diminishing optimism regarding “phase one” of the U.S.-China trade weighs on stocks. With the first part of the deal likely being pushed back to next year, uncertainty regarding the mid-December tariffs remains as both sides […]

Indices are seeing mixed trading today as a China trade deal agreement hits a stall. A beleaguered Boeing Co. (BA) is seeing positive trading today after SunExpress ordered 10 737 Max8 aircraft, amounting to $1.2 billion. The HP/Xerox merger plan is in a stall today after Xerox’s $33.5 billion offer was rejected by Hewet Packard- […]

RoboStreet – November 14, 2019  China Deal or No Deal Scenario Stalls Rally  The trade war with China and the hope for a signed “Phase One” deal by year-end continue to dictate the current trading landscape. Getting a done deal is the single most important issue to large market participants and it shows when major […]

Today, U.S. stocks are modestly trading lower with all eyes on Fed Chair Powell’s second congressional appearance, as well as Walmart, Nvidia, and Viacom earnings. Doubt over the “phase one” U.S.-China deal has grown, and weighed on markets, in recent days with little new developments on either end, although the latest comments from the Chinese […]

Markets traded higher this morning with all three major U.S indices in the green, only to turn mixed in the afternoon with the Nasdaq slightly lower. Fed Chair Jerome Powell met with the Joint Economic Committee of Congress today to discuss the latest monetary policy updates and future plans for the Fed, signaling no further […]