RoboStreet – March 14, 2019 What 5G Technology Means for the Future As the business and consumer worlds embrace the Internet of Things, making billions of devices communicate with each other in a seamless, secure and efficient ways takes an elevated level of technology that is being rolled out around the globe. The term “5G” […]
U.S. stocks are struggling for direction with all three major indices exchanging slight losses for slight gains throughout the day, currently on track to close in the red. This comes after three straight days of gains behind better than expected economic reports and a lack of global-trade turmoil or fear, which bogged down stocks last […]
Major U.S. indices are on track to close higher for the third straight day. Market influencers today include Boeing’s crash aftermath, the continued rollout of delayed U.S. economic data, and another Brexit draft defeated in Parliament. Chief Trade negotiator Robert Lighthizer provided encouraging statements yesterday regarding progress in U.S.-China trade negotiations, stating “we are in […]
All three major indices are riding nice gains as sentiment around Friday’s low employment-data turns from troubling to promising. The low number of jobs added in February, coupled with rising wages, indicates a full workforce while this week’s release of retail and spending numbers will provide a good barometer of consumer market. Other news to […]
Major U.S. indices lowered in early morning trading and are holding on to moderate losses through the afternoon. Global trade is once more in focus with the Central European Bank showing slowing signs of growth while the China-U.S. trade deal has yet to be resolved. Though the China-U.S. trade deal has gained some momentum and […]
RoboStreet – March 7, 2019 Turning Marijuana Plants into Diamond Profits Before I get fully into what I think is likely the most compelling pot stock trade under $10, let’ take a quick view of the current trading landscape and the most likely investing landscape for the next few weeks. It’s pretty clear the market […]
Markets lowered in early morning trading ahead of today’s Federal Beige Book release, which serves as a good indicator of the current state of the U.S. economy. All three major U.S. indices are traded modestly lower while global markets did not fare better today with Asian and European markets closing to mixed results after trading […]
Major U.S. indices edged higher in early morning trading after news that a U.S.-China trade deal was on the horizon, sparking global optimism in trade and helping lift Asian and European markets before they closed. U.S. markets have since reversed course, touching multi-week low’s and currently on track to close the day in the red. […]
RoboStreet – February 28, 2019 Closing Out February on a Quiet Note Equities spent the better part of this week consolidating the torrid gains of the prior nine weeks. A pause that refreshes is constructive for the broad market and after a couple of attempts to take out resistance at 2,800-2,815 for the S&P 500, […]
Markets retreated in early morning trading after the abrupt end to the U.S.-North Korea summit in Vietnam but have since recouped losses behind better than expected GDP data. Several Fed official speeches are planned for today, along with the continuation of earnings, that will keep investors busy today. Labor and housing data is also in […]
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