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 […]
Markets are approaching record highs today ahead of this week’s signing of the U.S.-China partial trade deal and the start of fourth-quarter corporate earnings season. Chinese Vice Premier Liu He is expected in D.C. on Wednesday to sign the “phase one” deal while plans for continued talks are also expected to be announced during the […]
RoboStreeet – January 10, 2020 Rally Extends Following De-Escalation of Iran Crisis Buyers used the short-lived market correction to eagerly commit capital to leading-stocks and sectors resulting in the Dow, S&P, and Nasdaq trading to new all-time highs in broad rally making for a good start to 2020. President Trump has initiated tougher sanctions on Iran […]
Major U.S. indices are setting new intraday highs behind easing tension in the Middle East and anticipation of next week’s signing of the partial U.S.-China trade deal. Yesterday’s comments from President Trump eased fears of further military action which has shifted investor focus to next week’s U.S.-China four day meeting. Vice Premier Liu He will […]
After rising tensions in the Middle East caused markets to lower earlier this week, all three major U.S. indices rebounded nicely today. The latest from President Trump indicated both Iran and the U.S were refraining from any additional military activity in the area which eased market-fears. Although both sides are looking to de-escalate the current […]
Markets remain muted after last Friday’s selloff, triggered by unrest in the Middle East, which caused major U.S. indices the worst trading session in over a month. To start the day, all three major U.S. indices traded lower only to rebound in the afternoon and record slight gains. Heightened U.S.-Iran tensions have impacted oil as […]
RoboStreet – January 2, 2019 Santa Claus Rally Under Way One of Wall Street’s maxims is the unfolding of what is called the “Santa Claus rally” a period of rising stock prices that occurs during the last five trading days of December and the first two days of January. Today will be the last day […]
Markets rose impressively on the first trading day of 2020 as both global and U.S. markets record gains to end the day. Both the Dow Jones and Nasdaq recorded gains of over 1% while the S&P rose by 10 points while European and Asian markets, apart from Japan, closed in the green. This week, President […]
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