After reaching record territory last week, U.S. benchmarks closed in the red to start the week. The growing rate of COVID cases and possible fallout from last week’s Capitol Hill events have hindered market sentiment as we approach mid-January. This week, earnings season is due to kick off with major banks reporting while next week […]

RoboStreet – January 7, 2021 Market Volatility Looks To Be Dead Ahead  Only one week into 2021 and already a blue sweep of the White House and Capitol Hill has been realized that likely means higher corporate and individual income taxes, more stringent regulatory oversight, and massive deficit spending. The market’s reaction was pretty counter-intuitive, […]

Taking in today’s headline news, U.S. benchmarks finished impressively higher, apart from the Nasdaq which started the day trading in the green but ultimately closed in the red. Most remarkably, the Dow closed in record territory surpassing 30,829 while the small-cap Russell 2000 recorded a 3.98% gain. Yesterday’s Georgia runoff election results appear to be […]

Major U.S. indices ended 2020 in record territory as the S&P saw a 16% gain for the year while the Dow was up over 7%; the Nasdaq led indices with over 43% gain which marks its largest one-year gain in over 10 years. To start off 2021, however, markets dipped with all three major U.S. […]

RoboStreet – December 31, 2020  A Banner Year For Our AI-Driven Investing As we look back on the year, 2020 will easily go down as one of the most intriguing, challenging, and exciting years of stock market investing. The pandemic led to the bifurcation of winners and losers and also how the wealthy got much […]

After finishing slightly lower on Tuesday, U.S. benchmarks once again neared record territory as all three U.S. indices closed in the green. As volume continues to wind down with the year wrapping up, not many events are currently impacting markets. Most likely, yesterday’s blockage of an increase on aid payments from $600 to $2000 by […]

Following an initial standoff with Congress, President Trump signed the second economic stimulus package of 2020, sending all three major U.S. indices significantly higher. The legislation will also include $1.4 trillion to fund the government through September 2021 and extend COVID-related economic relief efforts. The Dow, S&P, and Nasdaq are all trading near record highs […]

Although markets opened the shortened trade week to mixed results, all three major U.S. indices are trading slightly higher today. To start the week, Congress passed the second economic stimulus package of the year as well as the latest Federal spending bill. Both bills improved market sentiment and provided optimism heading into the new year […]

Markets are starting the shortened trading week with mixed results after initially seeing major U.S. indices lower due to fear of an additional COVID strain but have rebounded in the afternoon as optimism regarding the latest economic relief package made waves. Late Sunday, Congress agreed on a $900 billion virus aid deal which will continue […]

RoboStreet – December 17, 2020 Tech-Led Santa Claus Rally In Full Stride The big-cap tech sector has re-emerged as a torchbearer for the year-end rally that is underway as of this past Monday. Following a textbook set up the week the second week of December, FAANG, MAGA, semis, and SasS stocks have asserted themselves as the holiday […]