The SkyNet SellBots took control in the overnight futures session, sending US stocks lower at the open of trading on Wall Street.The BuyBots mounted a late-day rally, paring the day’s losses. The DJIA ended down 113 points (0.4%) and the NASDAQ dropped 44 points (0.5%).
Stay tuned as the battle of the SkyNet StockBots continues.
The SkyNet StockBots mostly stayed on the sidelines, as US stocks zigged and zagged their way to a mixed close. The DJIA dropped 102 points (0.4%) but the NASDAQ added 20 points (0.2%).
Stay tuned as the battle of the SkyNet StockBots continues.
The SkyNet StockBots mostly stayed on the sidelines, as US stocks zigged and zagged their way to a modestly higher close. The buying pressure continued right ion through to the close, sending stocks to new closing highs. The DJIA gained 31 points (0.1%) and the NASDAQ added 9 points (0.1%).
Stay tuned as the battle of the SkyNet StockBots continues.
Tad Rivelle, Chief Investment Officer of the Californian bond house TCW, doubts that the Central Banks can prevent the impending economic downturn. He spots increasing signs of stress in the credit sector and recommends holding safe assets to be prepared for turmoil in the financial markets. Read More.
The SkyNet BuyBots took control in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. The buying pressure continued right ion through to the close, sending stocks to new closing highs. The DJIA surged 222 points (0.8%) and the NASDAQ gained 61 points (0.7%).
Stay tuned as the battle of the SkyNet StockBots continues.
The SkyNet StockBots battled it out to a near draw as US stocks zigged and zagged into a slightly lower close. The DJIA lost a point (0.0%) and the NASDAQ slipped 3 points (0.1%).
Stay tuned as the battle of the SkyNet StockBots continues.
Is the world’s largest hedge fund central bank finally starting to appreciate the devastating consequences of its asset reflating ways? In some ways it is almost ludicrous to presume that a central bank which at the beginning of the year laughably “found” that its QE has reduced inequality in the eurozone… Read More.
The SkyNet SellBots took control in the overnight futures session, sending US stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged into a mixed close. The DJIA ended higher by 92 points (0.3%) and the NASDAQ slipped 4 points (0.1%).
Stay tuned as the battle of the SkyNet StockBots continues.
Update (2020ET): As expected, Chinese (and implicitly Hong Kong) officials are extremely unhappy at Washington’s interjection in their domestic policies by passing the bill supporting the protesters. Read More.
The SkyNet BuyBots took control in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. At precisely 11:15 AM EST (“funny” how that happens), the SellBots stepped in and reversed the market’s course, leading to a narrowly mixed close. In a statistical rarity, the DJIA ended exactly unchanged. The NASDAQ gained 21 points (0.2%).
Stay tuned as the battle of the SkyNet StockBots continues.
The SkyNet SellBots took control in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. From there, the BuyBots took over and mounted a rally into a modestly mixed close. The DJIA ended higher by 10 points (0.0%) and the NASDAQ slipped 11 points (0.1%).
Stay tuned as the battle of the SkyNet StockBots continues.
Financial writer and book author John Rubino says he can see the end of the economic expansion fueled by massive debt creation. Rubino explains, “Every sector of the U.S. economy is so over indebted I don’t see how we go on much longer… ” Read More.
Stay tuned as the battle of the SkyNet StockBots continues.
Well, they’ve done it again. By “they” I of course mean the US Federal Reserve and all the other central banks combined. Synchronized global easing it is called and the once again giant inflows of artificial liquidity are dominating the price action in markets irrespective what’s going on with earnings or growth. Read More.
Investment guru Peter Schiff says that people should ditch the dollar. And not just the dollar; all fiat currencies. Instead, he says people should be buying gold, a “real safe haven” asset. The real driver behind the rise of gold prices is the world’s central banks’ buying spree, says Peter Schiff of Euro Pacific Capital. Read More.
The Federal Reserve is now directly monetizing US federal debt. Sure, it’s not admitting to this. And it’s using several technical jinks and jives to offer a pretense that things are otherwise. But it’s not terribly difficult to predict what’s going to happen next: the Federal Reserve will drop the secrecy and start buying US debt openly. Read More.
The SkyNet BuyBots took control in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. From there, the buying continued until precisely noon EST (“funny” how that happens) when the SellBots stepped in and started a reversal. The DJIA ended higher by 182 points (0.6%) and the NASDAQ added 24 points (0.3%).
Stay tuned as the battle of the SkyNet StockBots continues.
Again the SkyNet StockBots were mostly quiet and stayed on the sidelines as US stocks zigged and zagged their way to a modestly mixed close. The DJIA broke even and the NASDAQ dropped 24 points (0.3%).
Stay tuned as the battle of the SkyNet StockBots continues.
Pessimism is spreading like wildfire on Wall Street, and this is particularly true among one very important group of investors. And considering how much money they have, it may be wise to listen to what they are telling us. According to a very alarming survey that was recently conducted by UBS Wealth Management, most wealthy investors now believe that there will be a “significant” stock market decline before the end of next year. Read More.
The SkyNet StockBots mostly stayed on the sidelines as US stocks eked out small gains. The DJIA gained 30 points (0.1%) and the NASDAQ slipped a point (0.0%)
Stay tuned as the battle of the SkyNet StockBots continues.
The SkyNet BuyBots kicked it in to high gear again, pushing US stocks to a record closing high. The DJIA gained 114 points (0.4%) and the NASDAQ added 47 points (0.5%).
Stay tuned as the battle of the SkyNet StockBots continues.
A synchronized global slowdown, with no end in sight, has spooked some of the wealthiest investors around the world, according to a new survey from UBS Wealth Management, seen by Bloomberg. UBS polled wealthy investors, who are preparing for a significant stock market correction by the end of next year.Read More.