RoboStreet – June 20, 2019 Market Melt-Up Feeding IPO Frenzy Yesterday’s trading session saw the S&P 500 hit a new all-time intraday high of 2,956 fueled by a very dovish Fed policy statement and optimism about progress on trade with China at the upcoming G20 Summit slated for late next week. Strong earnings from Adobe […]

Markets are extending their gains following yesterday’s no rate-change decision, notching four straight days major U.S. indices are in the green. Gold and oil remain on the rise while treasury notes are in the red today. Other than keeping rates unchanged, the biggest news from yesterday’s FOMC came in the form of Powell’s post-meeting presser […]

Major U.S. indices moved higher ahead of today’s Fed decision which held rates at unchanged. Following the meeting markets remained in the green as Jerome Powell met with the press and expanded on policy update, leading many to believe rates will be held until 2020. Yesterday, the market rose impressively behind the news that President […]

U.S. Markets are on the move up today ahead of this week’s Fed decision. The Federal Open Market Committee is scheduled to begin their two-day meeting tomorrow where a rate decision will be made, also due for a rate decision this week are U.K. and Japan markets. While some analysts predict a rate cut to […]

RoboStreet – June 13, 2019 Selective Stock Picking at a Premium This past week, seeing the S&P pivot off its 200-day moving average at 2,775 and rally a full 200 points higher was about as impressive of a move as anyone can remember in recent history. Fueled by the Fed all but guaranteeing one or […]

After trading lower Tuesday and Wednesday, major U.S. indices are in the green today. Weekly labor report showed a slight gain in the number of Americans applying for unemployment, further adding to the speculation the Fed will cut rates this year. Oil futures rose after an incident in the Gulf of Oman while energy is […]

Stocks are trending lower today behind underwhelming economic data and continued U.S.-China trade uncertainty. Core CPI and inflation data returned mostly flat while yesterday’s comments from President Trump regarding a U.S.-China trade deal have alarmed investors. Look for May’s Federal Budget report to release today while weekly jobless claims and import price index data is […]

U.S. Stocks, indices, and futures are on the move up today following Friday’s announcement by President Trump that the U.S. will not move forward with proposed tariffs on Mexico. Global equities were also able to rise off of the news, clearing the way for the U.S.-Mexico-Canada trade agreement to be finalized. China-U.S. trade tension remains […]

RoboStreet – June 6, 2019 Embracing the Oncoming CBD Profit Wave The advent of the secular cannabis trend, now in its second year in which investors can buy publicly traded pot companies; there are several avenues by which the industry is rapidly growing to address various aspects of the marketplace. Strategic partnerships are being formed […]

After a two-day policy meeting in Lithuania, the European Central Bank is putting out some mixed signals in terms of what steps may be taken if economic conditions deteriorate in the Eurozone. ECB President Mario Draghi indicated that interest rates will be left as they are through the first half of 2020, which is an […]