Major U.S. indices pulled back today, along with markets worldwide, as continued signs of slowing global markets cast doubt on the state of the current global economy. Several factors likely influencing markets this week include Apple’s new streaming and news service, the conclusion of the Mueller probe, Friday’s inversion of the yield curve, and another […]

RoboStreet – March 21, 2019 Harvesting Pot Profits in a Hot ETF The first quarter of 2019 is off to a fantastic start with the major averages on the verge of vanquishing fourth-quarter losses. There are several factors contributing to the rally, the biggest being the now well-coined “pivot” by the Fed on their monetary […]

Major U.S. indices are on the move up today after yesterday’s FOMC concluded with no interest rate hike. Fed Chairman Powell came with a dovish tone and reiterated the “wait-and-see” approach previously stated. Likewise, it does not look like 2019 will feature any interest rate hikes while 2020 may. Powell’s comments provided some support for […]

U.S. Markets traded lower ahead of today’s FOMC but rebound following the meeting only to retreat before the close. Fed Chairman Powell met with the press following today’s conclusion of the two-day FOMC meeting. Rates were unchanged and patience was once more stressed for 2019. Other significant points of emphasis today include the emergency Brexit […]

Major U.S. indices are split today with the Nasdaq and S&P on track to close the day higher while the Dow continues to be held back by Boeing. Tomorrow, Federal Open Market Committee members will meet for a two-day meeting and decide on another short-term interest rate hike, look for Fed Chairman Powell press conference […]

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 […]