We are keeping an eye on the crucial support levels in the SPY, which stand at $440 and $420 right now. Last week’s Federal Open Market Committee decision, the tension in Ukraine, and Q4 earnings can impact the next market move. The $VIX is trading higher, near $25-level, and the $QQQ short-term is overbought and […]
RoboStreet – January 27, 2022 Volatility Rules The Day Wild swings for stocks are a daily event and do a real number of investor sentiment at what is historically a month for the market. This week’s Fed meeting revealed fiscal policy loaded with uncertainty and no backing off of the hawkish stance voiced back in […]
After the Federal Reserve maintained its policy unchanged, the Dow Jones Industrial Average and S&P 500 fell, while the Nasdaq booked a modest gain. As reported per Fed Chair Jerome Powell in the press conference following the two-day meeting, Fed policy will remain unchanged for now with a perspective hike coming in the mid-March meeting. […]
At the close of trading on Monday, all three major U.S. indices were able to, surprisingly, close in the green after some early and mid-day volatility. During the day, the Dow fell more than 1,100 points amid a stock market sell-off ahead of this week’s Federal Open Market Committee meeting. To close last week’s, stocks […]
RoboStreet – January 20, 2022 Emerging Markets Are Back In Fashion All eyes are on the moving averages for the Dow, S&P, and the Nasdaq 100, of which all three are holding above their respective 200-day moving averages. Bond yields made a sudden adjustment higher that incited a reset for growth stocks. There is a […]
Inflation anxiety continues to rattle the market as stocks sold off on Wall Street with all three major U.S. indices closing in the red. Leading the way was the Nasdaq Composite Index, down 1.15%, falling below its correction level of 14,451.69, triggering fear of extended selloffs as the market continues to grapple with worrisome inflation […]
RoboStreet – January 13, 2022 Weaker Dollar Triggers Rally In Emerging Markets The three-day rally for the Nasdaq off of its 200-day moving average ran out of steam yesterday after the second inflation data point was released, showing further upside pressure on prices at the wholesale level. Treasury yields are inching higher across the curve […]
After reading on inflation came in near a four-decade high, the Dow Jones Industrial Average and other key stock indexes closed with modest gains Wednesday. U.S. stocks rose Wednesday, relieved after the most recent reading on inflation didn’t turn out to be worse than expected. In December, the consumer-price index rose 0.5 percent on a […]
Markets traded to mixed results as the S&P 500 and Dow extend their losing streaks following market-wide sentiment of three additional Fed rate rises anticipated in 2022. The Nasdaq Composite Index rose slightly in the final minutes of trading on Monday, recovering after taking a beating earlier in the day, as investors reacted to concern […]
RoboStreet – January 6, 2022 Tsunami Wave Of Selling Hits Nasdaq As the year started with so much promise in what was textbook Santa Claus Rally, the rally was cut short by the release of the Fed’s December policy statement revealing a more hawkish action plan than had been communicated by Fed Chairman Jerome Powell […]
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