Markets are down after the fourth interest rate hike of the year was introduced yesterday, raising rates from 2.25% to 2.5%, in the updated fed policy, which also indicated at two hikes for 2019. All three major U.S. indices are also trading lower over the fear of a partial government shutdown that could occur tomorrow […]
Stocks rose in early morning trading ahead of the final FOMC meeting of 2018. The policy update saw its fourth interest rate hike of the year and comments following the meeting from Chair Jerome Powell reverted market conditions in the afternoon into negative territory. Currently, all three major U.S. indices are down. Other key factors […]
Major U.S. indices are down today after recording big losses to end last week. General trade optimism lessened and economic reports from both the U.S. and China signaled at a more problematic recoupling for two of the world’s biggest economies. Industrial and retail data for China was lower than expected while U.S. manufacturing and service […]
RoboStreet – December 13, 2018 Picking the Next Hot Primo Pot Stock Merger! While the broad stock market struggles to find its year-end footing, big blue-chip consumer staples companies are wasting no time vaulting into the cannabis space with the announcement of multi-billion dollar M&A deals. The proverbial writing is on the wall and the […]
Markets are marginally mixed today behind continued efforts to improve China-U.S. trade relations. The Dow Jones rose in early morning trading while the S&P and Nasdaq were also on the move up before erasing gains in the afternoon. Before next week’s Federal Reserve meeting several economic reports, including labor, and a small batch of earnings […]
Markets are up today after encouraging statements from both Chinese and U.S. officials have reignited optimism in tariff de-escalation and easing trade tensions. Still, there is some cause for concern as talks of a U.S. government shutdown continue to intensify after yesterday’s meeting between President Trump and Democratic leaders Nancy Pelosi and Chuck Schumer. Overseas, […]
Markets are struggling for direction to start the week while Brexit, Nissan, Huawei, and Gilead Sciences lead financial-headlines today. All three major U.S. indices are currently down as growing global-trade pessimism, centered around the 90-day trade agreement reached by the U.S. and China during the G20 Summit, and mixed labor reports, released on Friday, have […]
RoboStreet – December 6, 2018 Money Makes a Move in Market Hedges The notion of the market completing what traders were hoping to label a “garden variety” correction was quashed this past Tuesday after the Dow skidded 800 points in a sharp sell-off tied to fears of slowing domestic and global growth. The trade war […]
Stocks are trading sharply lower for the second day in a row after markets resumed trading following the national day of mourning for President George H.W. Bush’s funeral. At its current state, the market is optimal, at a risk vs reward profile, for going long. Oil is trading lower, currently down 3%, as OPEC members […]
U.S. Stocks traded sharply lower yesterday as the optimism that came from the G20 trade agreements wore off and turned skeptical due to the escalation of the tariff rhetoric that followed. As long as SPY is above $263 level, I believe the market is oversold and presenting opportunities to buy on any corrections. Although the […]
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