Major U.S. Indicies retreated today, closing in the red, with continued pressure from inflation and COVID economic-recovery concerns. Large-cap tech stocks were able provide some support as Apple and Amazon, as well as Tesla, traded higher on Wednesday. Treasury Yields pulled back also which helped limit drops across the market. Better than expected retail sales […]

After snapping impressive multi-day streaks last week, major U.S. indices were pressured by inflation concerns, closing in the red on Monday. Boeing supported the Dow Jones Industrial Average early in the session, as the symbol railed over 5%, boosting the blue-chip index only to still close in the red as market-wide inflation concerns continue to […]

RoboStreet – November 11, 2021 Hot Inflation Read Triggers Buy Signal For Silver  As the market has done a masterful job of shaking off almost every negative headline that has been thrown at it all year, yesterday’s white-hot release of the October CPI was something the market had to grapple with. The Covid-19 Delta variant, […]

Markets snapped their impressive streak on Tuesday and continued to trade lower today with all three major U.S. indices closing in the red. After riding strong earnings data and economic data, as well as expected action by the Fed, markets reached record territory. Consumer price inflation data presented a multi-year peak in its latest report […]

Last week markets reached record territory off strong employment and the latest Federal Open Market Committee meeting, which, as expected, announced no interest hike. A slow down of the Fed’s bond-buying program, as well as the expectation of maximum employment in the U.S. potentially peaking in the second half of 2022, were also noted in […]

RoboStreet – November 4, 2021  Tech Sector Melt Up Under Way  The key takeaway from the FOMC meeting this week was that of a more dovish fiscal policy pathway being embraced by the Fed. They will begin tapering the pace of its asset purchases later in November. On a monthly basis, the reduction will see […]

As expected, the Federal Reserve announced a slow down of their bond-buying program and no interest hike while additional info from the Fed signaled two quarter-point hikes in 2022. Following today’s Federal Open Market Committee conclusion U.S. markets headed further into record territory with all three major U.S. indices closing in the green. Yesterday, the […]

U.S. indices traded near record highs as all three major U.S. indices finished in the green, but off session highs. The Dow briefly topped the 36,000 level as strong earnings continue to support markets. This comes ahead of this week’s Federal Open Market Committee two-day meeting which is set to begin on Tuesday and Concludes […]

RoboStreet – October 28, 2021 Earnings Season Full Of High Profile Beats And Misses  Despite some big disappointments from several Wall Street blue blood companies, the market has traded to new all-time highs this week on the back of generally strong third-quarter results. Shares of IBM Corp. (IBM), Intel Corp. (INTC), Texas Instruments Inc. (TXN) […]

Markets traded to mixed results on Wednesday as another major batch of earnings was released with MSFT, GOOGL, and V reporting yesterday. Before today’s market open McDonald’s, Coca-Cola, and Boeing released Q3 data while Ford, Twilio, and eBay are due after market close. Key earnings announcements that can influence the market direction this week include […]