U.S. Stocks are slightly down today after posting five straight sessions of gains behind renewed global optimism on the recently escalating trade tensions between the U.S. and its trade partners. Last week’s good sentiment does not look to spill into today as the normally low-volume month of September is susceptible to volatility and slower action. […]
RoboStreet– September 13, 2018 The Underlying Perma-Bid for U.S. Stocks Finds New Catalyst Time and time again, the financial media and market historians conclude that the longest rally on record is about to end abruptly when in fact the best upside move for the market is taking place. Money never sleeps and this is why […]
U.S. Stocks are up today and are looking to extend and unlikely streak after a few up and down days that ultimately ended in gains, all behind a surprising boom in the tech sector which has had a troublesome and underperforming start to the month. Although September is usually a slow month for trading, today’s […]
Low volume and continued trade tension are holding markets to modest gains today after a Tuesday rally that saw energy and telecommunications lead U.S indices into nice gains. September is usually a low volume month that harbors sizeable volatility and with more tariffs on the horizon action looks to be slow today. The U.S. recently […]
U.S. Markets are on the rebound today after four straight losses for the S&P and Nasdaq to end last week. The slide last week was fueled by recoil in trade-related optimism that fueled stocks to all-time highs the week before only to slump strongly after escalating Chinese trade tension returns and a lack of a […]
RoboStreet – September 6, 2018 Trap Door Sell Off in Tech Sector Catches Investors by Surprise The summer stock market rally has been led by the heavily weighted IT sector which accounts for 26% of the S&P 500. Investors that have their portfolios heavy into the big-cap tech stocks are enjoying a good year of […]
After a strong week which saw many record highs broken, U.S. stocks have strung together a string of losses this week, making it one of the worst weeks in 2018. Nasdaq is currently on track for its worst week since March and the S&P is on its third straight day trending down. Causing the selloff […]
U.S. Stocks mostly fell today behind slumping tech stocks as Google, Facebook, and Twitter met with the Senate Intelligence Committee on Capitol Hill. A large sell-off in the tech sector followed as Microsoft, Netflix, and Amazon, along with the three companies mentioned above, saw significant losses for the day. Key support for SPY is at […]
U.S. assets slowed their growth today after a strong week powered by the optimism behind U.S. trade negotiations with Canada and Mexico. Wise-investors will continue monitoring the $2900 psychological level that the SPY has been floating around. Below, my SPY seasonal chart is forecasting support and resistance levels and probabilities for the next 20-50 days, […]
RoboStreet – August 30, 2018 Upbeat Trade Talk Fuels Historic August Rally Euphoria is running high after this week’s big gains for the U.S. stock market, now considered the only game in town relative to global investing. All the right things to keep the an uninterrupted rally running are falling into place, and that’s caught […]
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