Although fighting continued overseas, U.S. indices recorded sharp gains as oil prices retreated following an extended rise in oil futures and prices. A meeting between Ukrainian and Russian diplomats is set to take place once more while just yesterday the U.S. banned Russian oil. Positive U.S. labor data also provided some support today as the […]

Monday’s stock market declines were widespread, with the Dow Jones Industrial Average entering a correction, and the Nasdaq Composite Index finishing in a bear market, as investors weighed the Russia-Ukraine conflict and the potential U.S. ban on oil exports from Russia, which could boost price pressures. All three major U.S. indices closed in the red […]

RoboStreet – March 2, 2022 Oil Experiences Massive Breakout It was only a couple of years ago that America was energy independent, with the production fields of the U.S. oil fields and offshore drilling platforms having the U.S. in a net exporting nation with its energy needs more than satisfied where gas prices were under […]

The main stock indexes in the United States advanced on Wednesday and received a boost from Fed Chair Powell’s comments that the central bank’s rate increase will begin this month and continue through the year to combat inflation. Stocks rose to session highs following a statement from Federal Reserve Chairman Powell, who indicated that the […]

Stocks finished mixed on Monday as the Ukraine-Russia talks concluded without an agreement. Global markets were once again unsettled as talks to establish a cease-fire between Russia and Ukraine came to an end without one being reached, although some progress was noted. The Central Bank of Russia raised its key interest rate to 20% from […]

RoboStreet – February 24, 2022 Market Suffers Geopolitical Setback  Russian military forces have invaded Ukraine on several fronts in what is now a larger plan to overthrow the current democratically-elected, pro-western government and replace it with a ruling government subject to Russian oversight. Vladimir Putin’s strategy to reunite former Soviet bloc nations is playing out […]

The VIX is trading higher today, near the 30 mark as all three major U.S. indices closed in the red. The geopolitical risks in Ukraine, as well as this week’s earnings, could influence the market’s next move. The SPY’s crucial support levels are currently at $420 and then $400, which we’re keeping an eye on. […]

RoboStreet – February 17, 2022 Markets and Volatility  Unless short-term trading is your thing, the kind of extreme volatility being exacted on the stock market is not what most investors are at ease with. And that’s probably a big understatement. Lately, inflation, a few high-profile earnings misses and now the rising concern of a Russian […]

After Wednesday’s release of the Federal Reserve’s January meeting minutes, which reaffirmed support for a faster pace of interest rate hikes and a big drop in the central bank’s $9 trillion balance sheet, US stock benchmarks recouped losses. Although all three started the session in the red, the S&P was able to close in the […]

For the third consecutive trading day, all three major stock indexes fell on Monday as U.S. allies warned of an impending Russian military attack on Ukraine. The PPI report on Tuesday, geopolitical concerns in Ukraine, and earnings this week may have an impact on the market’s future movements. Key earnings to look out for this […]