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Market Update Thursday 01/07/21

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, stocks tacked on more gains as they zigged and zagged into the close. The DJIA surged 211 points (0.7%) but NASDAQ soared 327 points (2.6%).  Gold and silver were little changed. Bitcoin zoomed to another record high above $38,000.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Wednesday 01/06/21

With all eye on Washington DC and not Wall Street, US stocks zigged and zagged and diverged widely and wildly. The SkyNet BuyBots bought the Blue Chips while The SellBots sold technology. The DJIA surged 437 points (1.4%) but NASDAQ sank 78 points (0.6%). Gold and silver reversed recent gains.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Tuesday 01/05/21

US stocks recovered from yesterday’s opening day drubbing. The SkyNet BuyBots took control in the overnight futures session, sending stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged their way to a higher close. The DJIA ended higher by 167 points (0.52%) and the NASDAQ rallied 120 points (0.9%). Gold and silver continued to rally.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Monday 01/04/21

US stocks opened the year with a thud. The SkyNet BuyBots took control in the overnight futures session, but things quickly reversed as soon as trading opened on Wall Street. The SellBots drove stocks sharply lower until precisely noon EST (“funny” how that happens) when the BuyBots came back and launched a rally into the close to cut the day’s losses. The DJIA ended down 382 points (1.2%) and the NASDAQ got smacked for 190 points (1.5%). Gold and silver soared as the US dollar plunged in foreign exchange trading.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Thursday 12/31/20

US stocks closed the day, week, month and year to the upside to finish at record highs. US stocks opened lower, zigged and zagged into a late day rally then pushed stocks higher into the close. The DJIA gained 196 points (0.6%) and the NASDAQ added 18 points (0.1%). Gold and silver were narrowly mixed.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Wednesday 12/30/20

It was another relatively quiet day of trading on Wall Street as traders anticipated the end of a tumultuous 2020 and arrival of 2021. US stocks zigged and zagged into a modestly higher close. The DJIA gained 156 points (0.5%) and the NASDAQ added 19 points (0.2%). Gold and silver were little changed as well.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Tuesday 12/29/20

It was a relatively quiet day of trading on Wall Street as US stocks zigged and zagged into a modestly lower close. The DJIA slipped 68 points (0.2%) and the NASDAQ dropped 49 points (0.4%). Gold and silver were little changed as well.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Monday 12/28/20

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, stocks zigged and zagged to a higher close. The DJIA jumped 204 points (0.7%) and the NASDAQ surged 95 points (0.7%). Gold and silver were mixed.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Thursday 12/24/20

US stocks zigged and zagged to a modestly higher close on Wall Street in an abbreviated trading session. The DJIA ended higher by 70 points (0.2%) and the NASDAQ gained 33 points (0.3%). Gold and silver were quiet.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Wednesday 12/23/20

It was another widely mixed performance on Wall Street in quiet trading, but this time the SkyNet SellBots sold tech and the BuyBots bought the blue chips. The DJIA ended higher by 114 points (0.4%) and the NASDAQ dropped 37 points (0.3%). Gold and silver were mixed as well.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Tuesday 12/22/20

It was another widely mixed performance on Wall Street, as the SkyNet SellBots sold the Blue Chips and the BuyBots bought tech. The DJIA ended lower 201 points (0.7%) and the NASDAQ gained 65 points (0.5%). Silver lead the way lower, giving back yesterday’s gains and more.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Monday 12/21/20

The SkyNet SellBots took control in the overnight futures session, sending US stocks sharply lower, at the open of trading on Wall Street. The SkyNet BuyBots came to the rescue at 10:15 AM EST, mounting a steady recovery leading to a mixed close. The DJIA ended higher by 37 points (0.1%) and the NASDAQ slipped 13 points (0.1%). Silver lead the way higher in the precious metals sector.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Friday 12/18/20

The SkyNet SellBots took control in the overnight futures session, sending US stocks lower at the open of trading on Wall Street. A last minute appearance by the SkyNet BuyBots cut the day’s losses in the day. The DJIA ended down 124 points (0.4%) and the NASDAQ slipped 9 points (0.1%). Gold and silver slipped a notch.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Thursday 12/17/20

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, stocks held their ground and zigged and zagged into the close. The DJIA gained 149 points (0.5%) and the NASDAQ jumped another 106 points (0.8%). Gold and silver jumped again.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Wednesday 12/16/20

It was another split decision on Wall Street, as the SkyNet BuyBots pushed tech stocks higher and the SellBots pushed the Industrials lower. The DJIA dropped 45 points (0.2%) and the NASDAQ gained another 63 points (0.5%). Gold and silver jumped again.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Tuesday 12/15/20

Again, 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, stocks zigged and zagged and then rallied into the close. The DJIA surged 337 points (1.1%) and the NASDAQ gained 155 points (1.2%). Gold and silver jumped.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Monday 12/14/20

The SkyNet BuyBots took control in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. But the SellBots quickly moved in and put a damper on the rally. From there, stocks zigged and zagged into a mixed close. The DJIA dropped 185 points (0.6%) but the NASDAQ gained 62 points (0.5%). Gold and silver were mixed.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Friday 12/11/20

Again, the SkyNet SellBots took control in the overnight futures session, sending US stocks sharply lower at the open of trading on Wall Street. But the BuyBots bought right in and halted the decline. From there, stocks zigged and zagged into a mixed close.  The DJIA gained 47 points (0.1%) and the NASDAQ slipped 28 points (0.2%). Gold and silver edged higher.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Thursday 12/10/20

The SkyNet SellBots took control in the overnight futures session, sending US stocks sharply lower at the open of trading on Wall Street. But the BuyBots bought right in and halted the decline. The star of the day, the Airbnb IPO, took center stage and carried the NASDAQ with it.

Airbnb stock more than doubles after IPO, making it worth more than rival Booking

 The DJIA dropped 70 points (0.2%) and the NASDAQ rebounded 67 points (0.5%). Gold and silver stabilized.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Wednesday 12/09/20

US stocks got a bit of a bounce  out of the gate but things quickly turned south. At precisely 10:00 AM EDT (“funny ” how that happens), the SkyNet took control, sending stocks sharply lower into the close. The DJIA dropped 105 points (0.4%) and the NASDAQ plunged 244 points (1.9%). Gold and silver got whacked, smacked and jacked.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Tuesday 12/08/20

 

US stocks struggled a bit to get out of the gate but quickly gained traction and slowly but steadily rallied into the close. The DJIA gained 104 points (0.3%) and the NASDAQ gained 63 points (0.5%). Gold and silver gained more ground.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Friday 12/04/20

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, stocks zigged and zagged to close near the highs of the day. The DJIA gained 248 points (0.8%) and the NASDAQ gained 87 points (0.7%). Gold and silver held steady.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Thursday 12/03/20

It was a relatively quiet day of trading as US stocks opened flat and then zigged and zagged into a modestly higher close. The DJIA ended higher by 86 points (0.3%) and the NASDAQ tacked on 27 points (0.2%). Gold and silver rallied again.

Stay tuned as the battle of the SkyNet StockBots continues.