Markets are trading lower today as global unrest returns after unfavorable news from China-U.S. trade talks shows how far apart the two sides are from coming to an agreement. Elsewhere, corporate earnings continue to dominate financial headlines with a large number of before-market reports releasing today including T-Mobile, Philip Morris, Yum! Brands and more. Twitter […]

Major U.S. Indices are on track to close modestly lower today, snapping a multi-day streak for the S&P and Nasdaq. With most household names already reporting and a scaled-back number of reports scheduled in the days to come, corporate earnings season is winding down. Yesterday’s State of the Union address by President Trump touched on […]

U.S. indices are modestly up today with the Nasdaq, S&P, and Dow Jones on track to record slight gains today. Sentiment from the U.S.-China trade talks that took place in D.C. last week is upbeat but no deal was brokered. Google will report earnings after market close today and major earnings continue this week with […]

Big name earnings continue today with Amazon and GE reporting after close while yesterday saw strong earnings from Microsoft and Facebook. Major U.S. indices are currently split with S&P and Nasdaq in the green while the Dow is on track to close modestly lower. Key trade talks begin today in D.C. between the U.S. and […]

RoboStreet – January 31, 2019 Spec Money Is All In On Pot Stocks For weeks now, I’ve been highlighting the many aspects surrounding the cannabis craze that is starting to now rival the early days of the dot com era. While the numbers of weed-related companies claiming to be the next pot of gold are […]

All three major U.S. indices are on the move up today with early morning support from strong pre-market earnings and an afternoon boost from the first Fed Policy update of 2019. Interest rates were unmoved by the FOMC while pre-market earnings of Boeing and Alibaba beat expectations to help shares of each respective company, and subsequently […]

Markets are on the move down today with all three major indices lowering in early morning trading. This comes ahead of tomorrow’s two day Federal Open Market Committee meeting and following the temporary deal to reopen the government for three weeks, which was announced Friday. Earnings continue with Caterpillar and Nvidia reporting before open and […]

Following one of the strongest rebounds this century, we are keeping our strategy in place: avoid chasing rallies, buy when market sells off. The market was able to rebound from December lows but could revert to $254-$257 level for SPY in the next 2-3 weeks. Still, we do not see the market retesting the historic […]

RoboStreet – January 24, 2019 Pot Sector Unveils Another Potential Big Winner The market action this week has been net bullish for the most part as earnings season continues to unfold and deliver some pleasant surprises that have investors feeling better about the prospects for the economy going forward. Solid earnings from Dow components Goldman […]

Market has had one of the strongest rebounds going back 40 years during the first quarter of 2019, bouncing back from the historic lows of last December. Our strategy remains buying when the market sells off and not chasing the rallies. At this point, the market is overbought, based off most technical indicators, and we […]