After rising tensions in the Middle East caused markets to lower earlier this week, all three major U.S. indices rebounded nicely today. The latest from President Trump indicated both Iran and the U.S were refraining from any additional military activity in the area which eased market-fears. Although both sides are looking to de-escalate the current […]

Markets remain muted after last Friday’s selloff, triggered by unrest in the Middle East, which caused major U.S. indices the worst trading session in over a month. To start the day, all three major U.S. indices traded lower only to rebound in the afternoon and record slight gains. Heightened U.S.-Iran tensions have impacted oil as […]

RoboStreet – January 2, 2019 Santa Claus Rally Under Way  One of Wall Street’s maxims is the unfolding of what is called the “Santa Claus rally” a period of rising stock prices that occurs during the last five trading days of December and the first two days of January. Today will be the last day […]

Markets rose impressively on the first trading day of 2020 as both global and U.S. markets record gains to end the day. Both the Dow Jones and Nasdaq recorded gains of over 1% while the S&P rose by 10 points while European and Asian markets, apart from Japan, closed in the green. This week, President […]

On the second to last trading session of 2019, all three major U.S. indices closed in the red but remain on track to finish the year with full-year gains of over 20%. Today’s session was the worst of December but follows several record days for all three indices. On Saturday, a Chinese delegation will head […]

RoboStreet – December 26, 2019  Market Sets New Milestones as 2019 Comes to a Close  For the greater part of 2019, the stock market was beset with fear and trepidation over the potential economic impact the trade war between the U.S. and China would have on financial assets. Record amounts of cash rotated into fixed […]

With only a few trading sessions left in 2019, traders remain optimistic heading into 2020 as both Chinese and U.S. officials appear to be on track for a partial trade deal. President Trump declared the “deal is done” on Tuesday while Chinese officials shared similar comments stating “close communication” regarding the signing of the deal […]

After reaching record levels last week, markets continue to trade higher behind additional U.S.-China developments, easing of global tensions, and strong economic reports. The latest reports have China cutting tariffs on key goods in the tech and pharmaceutical sectors. With this latest development, progress and communication between China and the U.S. appear to be ongoing […]

RoboStreet – December 19, 2019 Santa Claus Rally in Full Swing  By definition, Wall Street labels a rising market the last two weeks of December as the infamous “Santa Claus rally,” and this year it looks as if Santa showed up with a fully loaded sleigh. The bullish trend that triggered a fresh upside breakout […]

Major U.S. indices set new intraday highs as markets continue to maintain gains following last week’s U.S.-China agreement. Over in D.C., the House of Representatives have elected to impeach President Trump, sending the decision for impeachment over to the Senate, and for the most part not affecting markets. The next vote on impeachment will take […]