The VIX is trading higher today, near the 30 mark as all three major U.S. indices closed in the red. The geopolitical risks in Ukraine, as well as this week’s earnings, could influence the market’s next move. The SPY’s crucial support levels are currently at $420 and then $400, which we’re keeping an eye on. […]

RoboStreet – February 17, 2022 Markets and Volatility  Unless short-term trading is your thing, the kind of extreme volatility being exacted on the stock market is not what most investors are at ease with. And that’s probably a big understatement. Lately, inflation, a few high-profile earnings misses and now the rising concern of a Russian […]

After Wednesday’s release of the Federal Reserve’s January meeting minutes, which reaffirmed support for a faster pace of interest rate hikes and a big drop in the central bank’s $9 trillion balance sheet, US stock benchmarks recouped losses. Although all three started the session in the red, the S&P was able to close in the […]

For the third consecutive trading day, all three major stock indexes fell on Monday as U.S. allies warned of an impending Russian military attack on Ukraine. The PPI report on Tuesday, geopolitical concerns in Ukraine, and earnings this week may have an impact on the market’s future movements. Key earnings to look out for this […]

RoboStreet – February 10, 2020 Stocks Rally On Improving Covid Trends  In the third wave of Covid-19, Omicron is showing rapid progress of winding down as caseload, hospitalizations, and fatalities numbers are dropping fast. Several related restrictions are being lifted, sending a strong message to the market and the reopening sectors that the third time […]

U.S. equities rose in afternoon trading Wednesday, as a bond selloff abated ahead of Thursday’s highly anticipated inflation report. Likewise, traders also absorbed and responded to another slew of earnings reports, primarily positive, as all three major U.S. indices finished in the green. Chipotle and Lyft saw shares boom after strong reports while CVS dropped […]

U.S. Markets primarily traded lower as the $VIX is presently trading at 22 levels. The S&P and Nasdaq finished in the red while the Dow Jones was able to close flat. During the first trading session of the week, major stock indexes fluctuated between modest gains and losses, following January’s unexpectedly large 467,000 increase in […]

RoboStreet – February 3, 2022 Bulls Proving Resilient Against Fed Headwinds  The abrupt change in Fed policy that triggered the market correction got to a point where valuations in the best-of-breed blue-chip stock got to levels that brought buyers off the sidelines. Many leading stocks of the past two years traded down to their respective […]

The upcoming ECB decision on Thursday, geo-political risks in Ukraine, the January unemployment numbers on Friday, and the latest major earnings can impact the next move in the market. Once again, all three major U.S. indices closed in the green with support from tech stocks and upbeat earnings, the three indices continued their 4-day streak. […]

We are keeping an eye on the crucial support levels in the SPY, which stand at $440 and $420 right now. Last week’s Federal Open Market Committee decision, the tension in Ukraine, and Q4 earnings can impact the next market move. The $VIX is trading higher, near $25-level, and the $QQQ short-term is overbought and […]