RoboStreet – October 25, 2018 Bottom Forming or Just a Big Bounce Yesterday’s rebound gave investors the bounce in equities that might have signaled a bottom to the three-week correction that has seen the S&P decline 9.9%- and the Nasdaq 12.2%- from the recent high to Wednesday’s low. If so, it would qualify as a […]

Major indices are attempting a slight pullback today after selling off late Wednesday due to another round of investor concerns- including rate hikes, the pace of the broader global economy and a more tepid round of earnings than expected. Wednesday marked five straight weeks of losing for the Dow, the longest streak since July 2008. […]

Major U.S. stocks are down today after a volatile morning that edged indices higher off of positive earnings but ultimately saw stocks fall in afternoon trading, on track for another losing session. The S&P is on track for its sixth straight session of trading lower while all three major U.S. indices are in the negative […]

U.S. Stocks continue to look for direction with modest movement today after an up and down week for all three major U.S. indices. Utilities and consumer staples outperformed the market and indicate the late stages of a bull market that should run until the end of this year and possibly through first quarter 2019. Elections […]

RoboStreet – October 17, 2018 Earnings Season a Counter Lever to Global Jitters With the market on the verge of a meaningful shift in investor sentiment, earnings season arrived right on time with early indications that key support levels will hold and the bull trend will continue on. Since the market is dominated by program […]

U.S. Stocks continue to decline as Dow, Nasdaq, and the S&P are down over 1% for the day. The double-day decline comes in the midst of a generally positive third-quarter earnings season, which has helped assets rebound selloffs this week and the last. VIX seems to have settled and the bottoming process continues. Investors should […]

Today, U.S. indices continued to waver from slight gains to slight losses as volatility began to settle. WIth $VIX under $19, a bottoming process is likely on the way. One can expect another retest of recent lows in the next two weeks with the lack of volume and technical indicators. Investors should consider hedging and […]

Market volatility has reached $30 level for the VIX. Historically, this is the level that points to the end of a selloff if one were to occur. Expect volatility to continue as long as the market stays above $20 level for the VIX. Consider hedging if SPY reaches $280 level. Friday’s sizable rally behind big-bank […]

RoboStreet – October 11, 2018 Trap Door Sell Off Catches Wall Street by Total Surprise The current selloff in the stock market is about to make it six straight sessions as of Thursday if bulls can’t gin up the buying power to turn the outgoing tide of risk-on capital. Leading the way lower are the […]

Today’s action had stocks continuing to selloff but not at their previous rate which saw substantial drops throughout most sectors. With the initial selloff likely ignited by the recent FOMC interest rate hike, it looks like the downward movement is nearing an end with earnings in front of us and the SPY reaching its, likely, […]