RoboStreet – February 10, 2020 Stocks Rally On Improving Covid Trends  In the third wave of Covid-19, Omicron is showing rapid progress of winding down as caseload, hospitalizations, and fatalities numbers are dropping fast. Several related restrictions are being lifted, sending a strong message to the market and the reopening sectors that the third time […]

U.S. equities rose in afternoon trading Wednesday, as a bond selloff abated ahead of Thursday’s highly anticipated inflation report. Likewise, traders also absorbed and responded to another slew of earnings reports, primarily positive, as all three major U.S. indices finished in the green. Chipotle and Lyft saw shares boom after strong reports while CVS dropped […]

U.S. Markets primarily traded lower as the $VIX is presently trading at 22 levels. The S&P and Nasdaq finished in the red while the Dow Jones was able to close flat. During the first trading session of the week, major stock indexes fluctuated between modest gains and losses, following January’s unexpectedly large 467,000 increase in […]

RoboStreet – February 3, 2022 Bulls Proving Resilient Against Fed Headwinds  The abrupt change in Fed policy that triggered the market correction got to a point where valuations in the best-of-breed blue-chip stock got to levels that brought buyers off the sidelines. Many leading stocks of the past two years traded down to their respective […]

The upcoming ECB decision on Thursday, geo-political risks in Ukraine, the January unemployment numbers on Friday, and the latest major earnings can impact the next move in the market. Once again, all three major U.S. indices closed in the green with support from tech stocks and upbeat earnings, the three indices continued their 4-day streak. […]

We are keeping an eye on the crucial support levels in the SPY, which stand at $440 and $420 right now. Last week’s Federal Open Market Committee decision, the tension in Ukraine, and Q4 earnings can impact the next market move. The $VIX is trading higher, near $25-level, and the $QQQ short-term is overbought and […]

RoboStreet – January 27, 2022 Volatility Rules The Day  Wild swings for stocks are a daily event and do a real number of investor sentiment at what is historically a month for the market. This week’s Fed meeting revealed fiscal policy loaded with uncertainty and no backing off of the hawkish stance voiced back in […]

After the Federal Reserve maintained its policy unchanged, the Dow Jones Industrial Average and S&P 500 fell, while the Nasdaq booked a modest gain. As reported per Fed Chair Jerome Powell in the press conference following the two-day meeting, Fed policy will remain unchanged for now with a perspective hike coming in the mid-March meeting. […]

At the close of trading on Monday, all three major U.S. indices were able to, surprisingly, close in the green after some early and mid-day volatility. During the day, the Dow fell more than 1,100 points amid a stock market sell-off ahead of this week’s Federal Open Market Committee meeting. To close last week’s, stocks […]

RoboStreet – January 20, 2022 Emerging Markets Are Back In Fashion All eyes are on the moving averages for the Dow, S&P, and the Nasdaq 100, of which all three are holding above their respective 200-day moving averages. Bond yields made a sudden adjustment higher that incited a reset for growth stocks. There is a […]