RoboStreet- March 19, 2020 Looking For Any Signs Of Market Green Shoots Following the daily dose of Coronavirus news conferences by President Trump and his healthcare-crisis team, the is some fresh and more optimistic chatter about treatments and therapies that are on all-out fast forward development. At the same time, Congress has approved up to […]

Stocks and futures are seeing continued pressure as Coronavirus spread and concern grows. Overnight, futures hit the limit-down halt while stocks hit the 15-minute halt midday following a 7% drop by the S&P. Following the Fed’s decision to slash rates this weekend and re-open their crisis credit-facility, the White House signaled its intent to support […]

Markets hit the 7% circuit breaker this morning shortly after the opening bell only to continue trading lower following the 15-halt. All three major U.S. indices are down over 8% today with the global impact of the Coronavirus continuing to be felt. On Friday, markets saw decent gains as the Fed announced $700 billi0on in […]

RoboStreeet – March 12, 2020 Shock and Awe Hit Market on Virus Fears  Equity markets are feeling the full brunt of the latest developments surrounding the Coronavirus crisis. Last night President Trump announced a travel ban on European travelers with the exception of the U.K., Ireland, Croatia, Bulgaria, Cyprus, and Romania. Markets received this news […]

After recording solid gains yesterday, markets are trading lower with all three major U.S. indices on track to close with over 5% losses today. The growing number of Coronavirus cases world-wide, and the latest oil developments, continue to impact global markets as both Asian and European markets closed in the red. In Europe, the growing […]

Markets were briefly halted this morning as the 7% decline on the S&P triggered all stock-market trading to shut down for fifteen minutes before resuming. Prior to the halt, the Dow and Nasdaq also saw sizable drops that were caused by global market pressures including the Coronavirus spread and escalating Middle-East tensions. Over the weekend, […]

RoboStreet – March 5, 2020 Markets Find It Hard to Shake Off Virus  Wild market swings are now becoming the daily norm for what is a highly disruptive pattern that has yet shown any signs of abating. While the number of cases of Coronavirus is declining in China, the threat of further spreading of the […]

For the next 2-3 weeks, we expect markets to trade in the range of $285-$315 for the SPY. U.S. stocks lowered yesterday following the emergency rate-cut issued by the Federal Reserve but are trading impressively higher today with all three major U.S. indices on track for sizable gains. The half-a-percentage point rate cut, coupled with […]

After one of the worst weeks for the market in recent history, markets are rebounding with the Dow, Nasdaq, and S&P on track to close in the green today. Last week, all three major U.S. indices recorded drops of over 10% as the COVID-19 virus spread throughout Asia and Europe with a rapidly increasing death […]

RoboStreet – February 27, 2020 Feels Like Capitulation Selling Taking Over  Yesterday’s trading session had the look and feel of investors throwing in the towel on even the best of breed stocks to raise cash out of genuine fear. Sell programs triggered by negative headlines and forced-selling of stocks by index funds and mutual funds […]