RoboStreet – April 28, 2022 Market Testing Key Technical Support Level  As much as investors would like to focus solely on how strong a particular company or sector’s fundamentals are, the market is just as dependent on the technical health of the tape and whether key levels are intact or vulnerable to being violated. This […]

As the earnings season continues, U.S. stocks held on to modest gains at the midweek point, with the Nasdaq, down 0.1%, the only major U.S. index closing in the red. The Dow Jones saw a 0.19% gain while the S&P was up 0.21% mostly off a mixed bag of earnings results from marquee names. Microsoft, […]

The final hour of trading today saw all three major US indices rebound as inflation, rate hikes, and geopolitical developments continue to impact market movement. China’s expanded COVID-19 lockdowns and Elon Musk’s purchase of Twitter are additional headlines impacting markets currently. Key earnings today include Activision Blizzard and Coca-Cola, while tomorrow Microsoft and Google are […]

RoboStreet – April 21, 2022 Inversion Of Yield Curve Caps Rally Earnings season is coming into full bloom and they are very mixed with some big winners and some colossal losers – Netflix Inc. (NFLX). The market was trying to put a good week together and still might, but Thursday’s session showed the bond market […]

With earnings season in full swing after major banks released quarterly reports, U.S. stocks mostly traded lower on Wednesday. After slumping to start the week and rebounding on Tuesday, major U.S. indices continued trading lower with the exemption of the Dow which was up 0.71%. Treasury yields retreated which provided some support, following the continued […]

Ahead of major earnings releases this week, U.S. markets sold off with all three major U.S. indices closing in the red, for the second straight session. Rising inflation continues to weigh on investor concerns while treasury yields, after retreating some last week, have risen today. Earnings take center stage this week with major banks continuing […]

RoboStreet – April 14, 2022 Market Sets Up For Volatile Earnings Season The few earnings reports marking the beginning of the first-quarter reporting season are indicating that investors need to be wary of how the market is going to treat good, neutral, and bad news. Companies that make their numbers, but don’t raise guidance, raise […]

Earnings season returns with major banks releasing data this week. Despite underwhelming results from Chase, the U.S. stock markets closed near session highs today, as bond yields dropped and inflation concerns slightly alleviated. Delta Air Lines, BlackRock, and Bed Bath & Beyond round out the marquee reports today while tomorrow additional reports from major banks […]

Looking at the current market conditions and how to prepare for the next market move, we are keeping an eye on the $VIX which is trading near the 24 level. Two factors that continue to inform market movement and potentially impact the next market move are the Geopolitical risks in Ukraine and CPI/PPI data. All […]

RoboStreet – April 7, 2022 Bond Market Has Priced In Rate Hikes The past two weeks have been dramatic in terms of movement in bond yields. The 10-yr Treasury has seen its yield spike from 1.73% to 2.65% as the Fed has telegraphed a more aggressive fiscal policy to bring inflation down. What the Fed […]