Markets are trading lower today following weak global economic data and the inversion of the U.S. yield curve. All three major indices are on track to close in the red, led by the banking sector which is trading sharply lower. U.S.-China trade tension remains at the forefront of market focus with the latest development coming […]

Global concerns continue to weigh on stocks as all three major U.S. indices are in the red today. U.S.-China trade tensions remain prominent following last week’s yuan manipulation which saw the Chinese currency weaken, just barely trading above the seven per dollar level. Additional tariffs and negotiations will resume in September. This week will feature […]

RoboStreet – August 8, 2019  The Luster of Gold in Volatile Markets  When the forces of expanding trade tariffs, manipulating currencies, intensifying quantitative easing, and the broadening impact of negative interest rates within developed countries converge, it’s a recipe for a bull market in gold. Mounting uncertainties about such issues and plunging interest rates are […]

Markets are continuing their impressive turnaround after sliding for most of Wednesday only to rebound before market close, with all three major U.S. indices in the green today. Fears of overt Chinese currency manipulation were cooled when China fixed the yuan at a higher level than expected, but still near multi-year lows. Strong earnings and […]

Major U.S. indices are on track to close in the red, erasing yesterday’s gains, following continued uncertainty and global reactions to U.S.-China trade conflict. Several global central banks have begun adopting easy-money policies, cutting interest rates in response to the growing tensions and increase of tariffs between two of the world’s top economies. Earnings season […]

U.S. stocks are trending down on Monday as earnings season slows down and trade uncertainty continues to grow. Last week, President Trump announced an additional 10% tariffs will be added on $300 billion worth of Chinese goods which sent markets sharply lower. This week look for Disney, Marriott, Kraft-Heinz, and Uber earnings as well as […]

RoboStreet – August 1, 2019 5G Rollout Has Long Runway of Future Stellar Growth  There’s a lot of buzz surrounding the advances of 5G technology and how it will provide blazing speed resulting in much smoother connectivity for streaming, downloading files, browsing, fostering data crunching for AI, boosting big data transfer, and connecting the billions […]

Following the FOMC decision yesterday to cut rates for the first time since 2008, markets lowered but have since rebounded today. All three major U.S. indices are on track to close in the green as earnings and the latest Fed moves continue to get factored into market sentiment. Verizon and General Motors reported before the […]

Stocks lowered following the conclusion of the two-day FOMC meeting which introduced an interest rate cut. The Federal Reserve decided to cut rates by a quarter percentage point and indicated more rate cuts could follow in the upcoming Federal Open Market Committee meetings. Fed Chair Powell met with the press following the policy update release, […]

Major U.S indices are trading to mixed results today as China and U.S. trade representatives meet in Shanghai for the first face to face since both Presidents met in Japan during the G20 summit. This comes in the midst of Q2 earnings season where stocks have reached record highs. Major earnings to monitor this week […]