RoboStreet – January 26, 2023 Markets See Pressure Ahead of PCE and FOMC Markets experienced a downturn this week, as tech giants such as Microsoft reported disappointing earnings and offered a bleak outlook. Investors will be closely monitoring the first reading on the fourth-quarter Gross Domestic Product (GDP) on Thursday to gauge the economy’s growth. […]
Following an encouraging start to the week, markets have declined as tech companies backtrack. Yesterday’s biggest market mover was Microsoft, the second-most capitalized U.S. business, which dampened market enthusiasm following their earnings report with a bleak outlook statement and saw clear losses the next morning as a result. All three major U.S. indices traded lower […]
On Monday, stocks did not continue the rally from last Friday, as shares traded with mixed results. With U.S. inflation data just around the corner and fourth-quarter earnings season quickly approaching, this week will serve as a key indicator of Q1 performance, along with the Fed’s decision at next week’s Federal Open Market Committee meeting. […]
RoboStreet – January 19, 2023 Fed Remarks Plunge Markets, Earnings Provide Minor Support To kick off the week, markets dropped significantly in the first few days of trading after Federal Reserve officials made alarming, hawkish statements. This continued through the mid-week as stocks sold off on Thursday as well. Earnings remain in the spotlight while […]
On Wednesday, the S&P 500 encountered its worst dip of 2023 and the Dow plummeted over 600 points in response to hawkish declarations from Federal Reserve representatives. The Dow Jones Industrial Average finished 1.8% down, while the S&P 500 experienced an impressive 1.6% drop-off. Additionally, Nasdaq Composite’s seven-day streak ended with it trailing behind by […]
Tradespoon Journal Vol. 1 Our Trading Community Hey all and welcome to the Tradespoon Journal. Every week, I review various trading and market aspects in my weekly videos, which include Market Briefs, Strategy Roundtables, and daily Live Trading Rooms, as well as in my Market Commentary and RoboStreet articles. While there I strictly keep the […]
RoboStreet – January 12, 2023 Cooling Inflation Supports Markets Ahead of Earnings On Thursday, stocks rose following the release of the latest Consumer Price Index report that showed signs of slowing inflation and raised expectations for change in course from the Federal Reserve. All three major U.S. indices booked consecutive gains this week as the […]
On Wednesday, U.S. Stocks rose as traders expressed confidence ahead of the release of consumer price index data. Investors are increasingly optimistic that a crucial inflation report will demonstrate that deflationary pressures remain, thereby driving market prices higher today. Fed officials have recently generated some concerns that the economy could experience further pain, however, this […]
In anticipation of this week’s inflation statistics and corporate earnings reports, stocks surged to start Monday. Stocks saw a bit of pullback on Monday, reducing their prior rally from just Friday at the commencement of another trading week. All eyes this week will be on U.S. inflation data and fourth-quarter earnings season, officially kicking off […]
RoboStreet – January 5, 2023 FOMC Minutes and Employment Data Pressure Markets Thursday saw stocks plummet after the latest employment data revealed that the labor market is strong. As investors perceived this as a sign of the Federal Reserve having to proceed with rate hikes in order to limit rising inflation, triggering the selloff. The […]
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