Earnings ramp up with reports from Apple, Facebook, Microsoft, Google, Tesla, and Amazon this week. The new strand of the COVID virus continues to impact worldwide markets, the VIX currently trades at the18 level. Vaccine and infection rates will continue to impact markets in the coming weeks as well as the start of the latest […]

RoboStreet – July 22, 2021  Radical Sector Rotation At Work  When the stock market can’t make up its mind as to what is a tailwind or a headwind, then volatility spikes. That’s exactly the case for the current investing landscape. The plunge in bond yields, which seems correlated to the spread and fear of the […]

Following Monday’s selloff, the Dow Jones rallied impressively as the benchmark rose over 280 points. The Nasdaq and S&P were also able to close in the green as U.S. benchmarks rebounded impressively on Wednesday. On Tuesday, Netflix and Unite Airlines headlined earnings while today Johnson & Johnson, Coca-Cola, and Verizon release their quarterly reports. While […]

After closing lower last week, U.S. benchmarks continued the downward trend as all three major U.S. indices closed in the green, with the Dow seeing the biggest losses at 2%. Along with the rise in the delta variant of the COVID virus, tension with China is once more impacting markets as U.S. Democrats look to […]

RoboStreet – July 15, 2021  Inflation Hawks Fighting The Fed  To the extent the spike in inflation data is temporary is the biggest question being asked by investors today. The goal of the Fed is full employment and managing inflation with a target of 2%. How much stimulus is too much is also being widely […]

As always, earnings season started with major banks releasing quarterly reports this week with JPMorgan Chase and Goldman Sachs reporting on Tuesday. U.S. benchmarks saw muted activity with the S&P and Dow Jones trading marginally higher while the Nasdaq closed slightly in the red. PepsiCo released their earnings on Tuesday as well while the next […]

After producing a nice recovery to end last week, U.S. indices are continuing to trade higher with all three major benchmarks trading higher. Both the S&P and Nasdaq hit all-time intraday highs as the Nasdaq hit $14,761 while the S&P touched $4,381. Earnings season will be the biggest factor for market movement in the next […]

RoboStreet – July 8, 2021 Stock Rally Takes A Breather  News out of Washington that the Biden administration wants to increase regulation in the transportation industry as well as further laying out the tax proposals that will materially increase corporate taxes has the market retreating from record highs for a second straight day. The Delta […]

Markets traded impressively higher today with the S&P reaching its intraday record high at 4,361.71 while the Nasdaq and Dow Jones also traded in the green. Today’s release of the last month’s Federal Open Market Committee minutes supported U.S. indices with continued support for slowing the central bank’s asset purchasing program while also potentially moving […]

RoboStreet – July 1, 2021  Plenty Of Fireworks To Move The Market In July Following a solid close to June and the first half of the year, the stock market has some wondering if the best gains are priced in, or whether there is more to go. That’s a bit of a jump ball at […]