U.S. stocks are up today after large losses this week negated yearly gains for all three major indices. As it stands, the market continues to be oversold. Consider adding to your long positions and look towards December, typically a strong month for equities. Today’s rally has all three major U.S. indices in the green just […]
After closing the week lower in all three major U.S. indices, U.S. stocks are once again down today. Investors should expect short-term volatility to continue and should not chase the market. Continue buying into the dips as we approach December, which is usually a very bullish time of year. Geopolitical concerns continue to weigh on […]
RoboStreet – November 15, 2018 The One Pot Stock with Low Hype and Big Prospects Since the mid-term elections and the full legalization of weed in Canada, shortages have persisted, as producers try to widen their capacity to make more weed. Additionally, what’s to come in the U.S. for the cannabis movement is looking more […]
Stocks retreated in early morning action before rebounding during the midday, muting most movement and returning major indices to today’s open or just slightly above. Important news to note today includes the pound plummeting after turmoil began to brew following recent Brexit developments and renewed optimism in global trade as Chinese officials outline steps to […]
Major U.S. indices are all down today after the Dow flirted with early morning gains before reverting back into negative territory. At its current state, investors should avoid chasing the market but continue looking for good opportunities to buy into the dips. With volatility lingering, major support is at $270 while resistance is at $282. […]
Bond markets are closed today for Veterans Day observance while major U.S. indices are open and down today. Although all three major U.S. indices ended the week in decline, all three actually made gains for the week that featured both midterm elections, which split Congress, and the Federal Reserve meeting, which did not increase interest […]
RoboStreet – November 8, 2018 Referendum on Pot Legalization Gains After Midterms Leading up to the post-election rally, earnings from high-profile companies dominated the attention of the financial media and investors alike with a tremendous amount of debate as to whether the third quarter represented an earnings peak for the current economic cycle. This topic […]
U.S. stocks are slightly down today and all eyes are on the conclusion of the two-day Fed meeting. There will be no press conference after the meeting but Chairman Powell has vowed to meet with the press after every FOMC in 2019 and on, raising the importance of the subsequent notes and minutes from today’s […]
U.S. stocks are up significantly today after yesterday’s midterm election that saw Republicans maintain control of the Senate while Democrats took control of the House. This comes after a positive Tuesday for all three indices and with elections over focus will shift to the tail end of earnings season and the two-day Federal Reserve meeting. […]
U.S indices inched in both directions as the Dow and S&P moved up while the Nasdaq moved down. Expect volatility to potentially retest $30 level. On Friday, all three indices closed lower after a short-lived rally on Thursday behind renewed optimism in China-U.S. trade relations and the continuation of great earnings. Friday’s falter did not […]
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