U.S. Markets finished with mixed results on Wednesday as comments from Fed Chair Jerome Powell shed light on the labor market recovery while easing inflation concerns. Likewise, the latest monthly inflation report offered promising data which, alongside strong earnings, boosted U.S. benchmarks to start the trading session. Twitter released earnings after market close on Tuesday […]

After one of the strongest weeks in recent memory, U.S. markets reached intraday records to open the second week of February. U.S. benchmarks saw impressive gains as all three major U.S. indices closed in the green behind strong earnings, improving COVID data, and optimism regarding the upcoming virus relief aid. Reports from D.C. show that […]

Positive unemployment data and strong corporate earnings are helping U.S. benchmarks reach record territory, with its fourth straight session of gains. The Dow, Nasdaq, S&P, and Russell all booked over 1% gains largely behind the promising economic reports as well as the anticipation of another stimulus package. While the official January unemployment report is due […]

RoboStreet – February 4, 2021 Buy The Dip Crowd Shows Up In Force In a normal market, extended rallies are historically reliable to deliver a garden variety correction of 10% every few months, depending on the recent advance. Going back to the beginning of last November, the SPY has rallied just over 20% with the […]

Following one of the worst trading weeks in recent memory, markets impressively rebounded on Monday with all three major U.S. indices closing in the green. Last week, the Dow, S&P, and Nasdaq finished 3% lower while today markets were able to book solid gains with the Nasdaq up 2.55%, the S&P up 1.6%, and the […]

RoboStreet – January 28, 2021 Shake Out Or Fake Out?  Wednesday’s steep sell-off followed by Thursday’s sharp rebound is a flashpoint for markets that have enjoyed a smooth ride to all-time highs. When volatility enters the fray, then it’s a sign that there might be a pause in the bullish action ahead that needs to […]

U.S. Markets slumped today following the latest comments from Fed Chair Jerome Powell as the Federal Open Market Committee decided to keep interest rates unchanged while Powell stressed the potential for a long economic recovery ahead. All three major U.S. indices closed with over 2% losses as Apple, Tesla, and Facebook traded lower ahead of […]

After major banks returned better than expected earnings results last week which helped U.S. benchmarks record weekly gains, U.S. markets are modestly trading higher today. The S&P and Nasdaq traded slightly higher to open the week while the Dow closed in the red. Tesla, Facebook, Apple, and Visa are set to report quarterly earnings later […]

RoboStreet – January 21, 2021 Markets Feeling Better About Vaccine Rollout  In light of a slow start out of the gate, vaccinations across the U.S. are picking up at rapid speed. As of yesterday, over 17 million people have been inoculated in the U.S. and over 54 million around the world. Both caseload and hospitalizations […]

U.S. Markets impressively rose today as Joe Biden was inaugurated to be the 46th U.S. President while corporate earnings continue to post impressive results. All three major U.S. indices closed in record territory with the Nasdaq leading the way, up 1.97%. Markets are responding positively to the inauguration as last week Biden unveiled his nearly […]