RoboStreet – November 29, 2018 Three Leading Rebound Stocks Investors got what they were hoping for coming into the final month of 2018 – a statement from Fed Chairman Jerome Powell that shed some positive light on interest rates and, more importantly, future hikes on short-term rates. To use a common phrase, “it’s what the […]
U.S. Stocks started the day trading slightly lower, losing steam from the Black Friday/Cyber Monday retail-push that helped stocks to a three-day rally, before recouping losses in the late afternoon. It looks like the market has formed the bottom after this week’s impressive rally and investors should consider buying on any corrections. Also assisting stocks […]
U.S. stocks are on the rise for the third straight day behind strong retail and financial sectors to start the week and renewed optimism for Chinese tariff negotiations. Chinese and U.S. officials, along with other world leaders, will meet later this week at the G20 summit in Argentina and will discuss trade, as well as […]
After the Thanksgiving holiday, markets have rebounded to start the week following one of the worst Thanksgiving weeks in recent history. The market looks to be oversold and several newsworthy events are planned for the week including speeches from both Fed Reserve Chairman and Vice Chairman as well as the G20 Summit in Argentina to […]
RoboStreet – November 23, 2018 Tis The Season for a Stock Market Rally America’s consumers have a special penchant for Black Friday. Following Thanksgiving Day, tens of millions of holiday shoppers are eager to hit the malls, go online, and scour for the best deals that merchants are putting out. I anticipate that this year […]
U.S. stocks are up today after large losses this week negated yearly gains for all three major indices. As it stands, the market continues to be oversold. Consider adding to your long positions and look towards December, typically a strong month for equities. Today’s rally has all three major U.S. indices in the green just […]
After closing the week lower in all three major U.S. indices, U.S. stocks are once again down today. Investors should expect short-term volatility to continue and should not chase the market. Continue buying into the dips as we approach December, which is usually a very bullish time of year. Geopolitical concerns continue to weigh on […]
RoboStreet – November 15, 2018 The One Pot Stock with Low Hype and Big Prospects Since the mid-term elections and the full legalization of weed in Canada, shortages have persisted, as producers try to widen their capacity to make more weed. Additionally, what’s to come in the U.S. for the cannabis movement is looking more […]
Stocks retreated in early morning action before rebounding during the midday, muting most movement and returning major indices to today’s open or just slightly above. Important news to note today includes the pound plummeting after turmoil began to brew following recent Brexit developments and renewed optimism in global trade as Chinese officials outline steps to […]
Major U.S. indices are all down today after the Dow flirted with early morning gains before reverting back into negative territory. At its current state, investors should avoid chasing the market but continue looking for good opportunities to buy into the dips. With volatility lingering, major support is at $270 while resistance is at $282. […]
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