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 […]

The S&P and Nasdaq are tracking towards a fourth straight record after renewed optimism in trade relations with both Mexico and Canada for the U.S. surfaced due to the NAFTA renegotiations. With easing trade tensions U.S. assets continued to rise throughout most sectors, including the Dow which after opening to a slight dip rebounded to […]

U.S. indices continue breaking records to crack all-time high levels in the SPX. QQQ, and IWM today, after already notching new highs in the Nasdaq and S&P on Friday. With some analysts pointing to the seasonally thin volumes, I recommend investors consider hedging. The market’s rally today is fueled by U.S. trade renegotiation with Mexico. […]

RoboStreet  – August 23, 2018 Trade and Trump Hit a Big Bump Headlines of a plea bargain by President Donald Trump’s former personal lawyer, Michael Cohen, came as he stated he has “knowledge” about computer hacking and collusion that may interest Special Counsel Robert Mueller in his investigation into Russian interference in the 2016 election. […]

U.S. stocks continue rising today after reaching all-time highs yesterday amid strong earnings and renewed optimism in Chinese trade negotiations. The previously proposed U.S. tariffs on $16 billion of Chinese goods went into effect today, prompting China to retaliate with their own levies on American goods. With the back and forth tariff escalation continuing, as […]

Markets are at an all-time high with the S&P touching record highs yesterday among renewed optimism in trade negotiations with China. It is unclear what could make markets break overhead resistance but, in the meantime, investors should look to hedge their long positions. Developments in Trump’s legal issues saw both Manafort and Cohen cases reach […]