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 […]

Markets were holding on to modest gains this afternoon after two straight sessions of lowering caused by continued and growing Coronavirus fears. As the virus spreads into Europe and additional parts of Asia, global pandemic concerns continue to mount as containment and vaccine efforts are yet to make progress. With a growing death toll, COVID-19 cases […]

With the current selloff, we expect the markets to trade in the range of $320-$335 for the next 2-3 weeks. The top is currently set at $340 and we encourage readers to consider going long near $320, short near $335. All thee major indices are trading significantly lower today and the Dow is set for […]

RoboStreet – February 20, 2020 Stocks Levitating to New Highs as Virus Fears Subside While the spread of Coronavirus still very much a threat, the pace of newly reported cases is falling by the day and investors are sensing the worst for this outbreak has already occurred. Assuming this is a reliable scenario, it would […]

One day after the release of last month’s FOMC minutes pushed major U.S. indices to close near all-time highs, markets are seeing pressure from growing global Coronavirus concerns, causing shares to lower. Reported infections in South Korea, Iran, and Japan are causing added pressure to global markets as containment efforts and production slowdowns continue. Viacom […]

All three major U.S. indices closed in the green today after seeing mixed results on Tuesday. Growing Coronvirus concerns continue to pressure global markets, with over 2,000 confirmed deaths, while U.S. markets are seeing support from strong economic reports and the tail end of earnings season. Today, minutes from last month’s FOMC will be released […]