RoboStreet – May 5, 2022 Investors Still Selling Into Strength  The post FOMC meeting rally Wednesday that scored the biggest gains of the year fizzled out Thursday as bond yields traded above 3.05%, the highest level seen since November 2018. It is a real disappointment for the bulls to see such a strong effort to […]

U.S. equities enjoyed a strong day on Wednesday as the Dow rose 900 points, following the conclusion of the Federal Open Market Committee meeting. Marking its best day since 2020, the Dow jumped 2.81% while the S&P rose 2.99% and the Nasdaq up 3.2%. Markets responded positively to the latest FOMC decision which was to […]

To start the week, U.S. indices closed in the green but fell throughout the day in response to the underwhelming April performance, which also saw indices close lower on Friday to end the month. Focus this week remains on earnings as well as the latest Federal Open Market Committee meeting, set to take place on […]

RoboStreet – April 28, 2022 Market Testing Key Technical Support Level  As much as investors would like to focus solely on how strong a particular company or sector’s fundamentals are, the market is just as dependent on the technical health of the tape and whether key levels are intact or vulnerable to being violated. This […]

As the earnings season continues, U.S. stocks held on to modest gains at the midweek point, with the Nasdaq, down 0.1%, the only major U.S. index closing in the red. The Dow Jones saw a 0.19% gain while the S&P was up 0.21% mostly off a mixed bag of earnings results from marquee names. Microsoft, […]

The final hour of trading today saw all three major US indices rebound as inflation, rate hikes, and geopolitical developments continue to impact market movement. China’s expanded COVID-19 lockdowns and Elon Musk’s purchase of Twitter are additional headlines impacting markets currently. Key earnings today include Activision Blizzard and Coca-Cola, while tomorrow Microsoft and Google are […]

RoboStreet – April 21, 2022 Inversion Of Yield Curve Caps Rally Earnings season is coming into full bloom and they are very mixed with some big winners and some colossal losers – Netflix Inc. (NFLX). The market was trying to put a good week together and still might, but Thursday’s session showed the bond market […]

With earnings season in full swing after major banks released quarterly reports, U.S. stocks mostly traded lower on Wednesday. After slumping to start the week and rebounding on Tuesday, major U.S. indices continued trading lower with the exemption of the Dow which was up 0.71%. Treasury yields retreated which provided some support, following the continued […]

Ahead of major earnings releases this week, U.S. markets sold off with all three major U.S. indices closing in the red, for the second straight session. Rising inflation continues to weigh on investor concerns while treasury yields, after retreating some last week, have risen today. Earnings take center stage this week with major banks continuing […]

RoboStreet – April 14, 2022 Market Sets Up For Volatile Earnings Season The few earnings reports marking the beginning of the first-quarter reporting season are indicating that investors need to be wary of how the market is going to treat good, neutral, and bad news. Companies that make their numbers, but don’t raise guidance, raise […]