RoboStreet – January 30, 2020 Tech Sector Is A Buy On Pull Backs The stock market has hit a headwind of resistance tied to the uncertainty surrounding the spread of Coronavirus. SPY traded to a new all-time high of $332.95 and has shed 2.7% since hitting that mark. Volatility is up and will likely persist […]

Spread of the Chinese coronavirus continues to impact global markets as stocks lowered in early morning trading. Containment efforts in China are in progress while Chinese stock markets will be closed until Monday. Both European and Asian markets finished lower while all three major U.S. indices are on track to close in the red. Several […]

For the second straight day, markets are trading higher behind strong earnings ahead of the latest FOMC decision. With markets initially trading lower to start the week due to the viral outbreak in China, notable earnings and economic reports, as well as additional preventative measures from China, have helped all three major U.S. indices rebound. […]

To start off the busy week, markets are trading lower with all three major U.S. indices on track to close in the red. This week we will see key earnings from Apple, Amazon, Facebook, Microsoft, Visa, and MasterCard, as well as the first Federal Open Market Committee meeting of 2020. On Wednesday, the latest monetary […]

RoboStreet – January 23, 2020 Coronavirus Triggers Long Awaited Market Pull Back Leading up to this week, the greater investing-community was wondering what if anything could compel some selling of stocks to enter the trading landscape. With just about everything a bull market could ask for – trade deals, low inflation, low bond yields, proactive […]

Markets are modestly trading today with the Dow on track to close in the red while the S&P and Nasdaq are recording slight gains. After an initial scare in China regarding a coronavirus outbreak, global concerns eased as Chinese officials restricted travel and began containing the coronavirus. Focus turns to earnings and the European Central […]

Markets traded higher today behind strong earnings and cooling fears over the Chinese coronavirus. Chinese officials reported heightened measures to counter the spread of the virus which eased global concerns and returned financial-focus to earnings season. Johnson & Johnson, Abbott Laboratories, and Fifth Third Bank reported earnings before the market open today while Texas Instruments […]

RoboStreet – January 16, 2020 Liquidity Driven Rally Keeps Firm Bid Under Stocks The first two weeks of January have produced new all-time highs for the Dow, S&P, and Nasdaq with the Russell 2000 on the verge of taking out its record high. The rally has moved from being fundamentally driven to momentum-driven fueled by […]

Markets are maintaining gains and reaching new highs off yesterday’s signing of the “phase one” U.S.-China trade deal as well as strong economic data in the form of earnings and the latest Beige Book. Nearly $200 billion worth of U.S. goods, from agricultural to energy products, are due to be bought in the next two […]

Major U.S. indices set intraday record highs following today’s signing of the partial U.S.-China trade agreement and a strong start to Q4 earnings season. Chinese delegation in D.C. is due to sign the deal along with President Trump which will include an increase of Chinese purchased of U.S. manufacturing, agricultural, and energy products as well […]