Today’s action had stocks continuing to selloff but not at their previous rate which saw substantial drops throughout most sectors. With the initial selloff likely ignited by the recent FOMC interest rate hike, it looks like the downward...
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RoboStreet – October 11, 2018 Trap Door Sell Off Catches Wall Street by Total Surprise The current selloff in the stock market is about to make it six straight sessions as of Thursday if bulls can’t gin up the buying power to turn the...
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Major U.S. Indexes are down today after the recent interest rate hike weighed on stocks heavily throughout last week. Banks will announce earnings on Friday which will hopefully help settle markets. Interest-sensitive sectors are on the move as...
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Major U.S. indexes are down today continuing a bad streak that followed last week’s interest rate hike. The S&P is on track to finish below its 50-day moving average for the fourth straight session while both Nasdaq and Dow are seeing...
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U.S. Stocks rally behind the recently announced U.S.- Canada trade agreement, ostensibly replacing NAFTA with a new North American trade deal between U.S., Mexico, and Canada. The new deal, USMCA for short, is intended for sixteen years and will be...
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RoboStreet– September 13, 2018 The Underlying Perma-Bid for U.S. Stocks Finds New Catalyst Time and time again, the financial media and market historians conclude that the longest rally on record is about to end abruptly when in fact the...
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U.S. Stocks continue to rally behind the recently reworked North American Trade Agreement, USMCA, as the Dow is on track for its fifth straight day of gains, while the Nasdaq and S&P are also making sizeable gains. Still, it is best not to chase...
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