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Market Update – Tuesday 08/13/19 4:00 PM EDT

The on-again-off-again, on-again-off-again, on-again-off-again US-China trade war was off again, as the US announced a delay in imposing additional tariffs. The SkyNet BuyBots jumped all over the news, sending sending US stocks sharply higher shortly after  the open of trading on Wall Street. From there, stocks zigged and zagged and went a net nowhere. The DJIA ended higher by 372 points (1.4%) and the NASDAQ  jumped 153 points (1.9%).

Stay tuned as the battle of the SkyNet StockBots continues..

Market Update – Monday 08/12/19 4:00 PM EDT

The SkyNet SellBots took control in the overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street. The on-again-off-again, on-again-off-again, on-again-off-again fears of a US-China trade war were back on again. The BuyBots were nowhere in sight as stocks closed near their lows of the day. The DJIA plunged 390 points (1.5%) and the NASDAQ  tanked 95 points (1.2%).

Stay tuned as the battle of the SkyNet StockBots continues

Market Update – Friday 08/09/19 4:00 PM EDT

The SkyNet SellBots took control in the overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street. At precisely 11:30 AM ET (“funny” how that happens) the BuyBots kicked in to halt the decline and mount a respectable rebound. The SellBots reappeared and resumed the selling pressure into the close. The DJIA ended down 91 points (0.3%) and the NASDAQ  dropped 80 points (1.0%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 08/08/19 4:00 PM EDT

The SkyNet BuyBots took control in the overnight futures trading, and never looked back. The SellBots were nowhere in sight. (Maybe they were hanging out at the beach in The Hamptons). The DJIA soared 371 points (1.4%) and the NASDAQ  jumped 176 points (2.2%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Wednesday 08/07/19 4:00 PM EDT

It was a wild and woolly day on Wall Street, as the SkyNet BuyBots took control in the overnight futures trading, sending US stocks sharply lower at the open. But the BuyBots stepped right in and started a rally all the way into the close. The DJIA slipped 22 points (0.1%) and the NASDAQ made it back into the green by 30 points (0.4%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Monday 08/05/19 4:00 PM EDT

The SkyNet SellBots were out in full force all day as the US-China trade war escalated another couple of notches.

The BuyBots made a token appearance in the last hour of trading to cut into the day’s massive losses, but it was wasn’t much more than the proverbial Dead Cad Bounce. The DJIA ended down 767 points (2.9%) and the NASDAQ plunged 278 points (3.5%).

Stock Markets Take Another Hit As The Trade War With China Heats Up

There may be much more red ink tomorrow as the stock futures are down sharply again in overnight trading.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Friday 08/02/19 4:00 PM EDT

It was another wild roller coaster ride for US stocks, as the SkyNet SellBots kept up the recent pressure at the open of trading on Wall Street. At precisely 11:00 AM EDT (“funny” how that happens), the BuyBots stepped in to start a rally into the close and cut the day’s losses in half or more. The DJIA ended down 98 points (0.4%) and the NASDAQ tanked 107 points (1.3%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 08/01/19 4:00 PM EDT

It was a wild roller coaster ride on Wall Street today, as the SkyNet BuyBots mounted a strong rebound from yesterday’s Fed-induced drop. At precisely 1:15 PM EDT (“funny” how that happens), Donald Trump put an end to the rally by announcing new tariffs on China.

Trump says US adding more tariffs on China

The SellBots jumped on the news, sending US stocks sharply lower within minutes of the statement. The DJIA plunged 280 points (1.0%) and the NASDAQ tanked 64 points (0.8%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Wednesday 07/31/19 4:00 PM EDT

 The SkyNet StockBots held their ground until Fed Head Jerome Powell surprised the markets with a less than assuring statement about future interest rate cuts.

Fed Chairman Powell says rate move was a ‘midcycle adjustment,’

The SellBots jumped on the news, sending US stocks sharply lower within minutes of the statement. The DJIA plunged 334 points (1.2%) and the NASDAQ tanked 98 points (1.2%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Tuesday 07/30/19 4:00 PM EDT

The SkyNet SellBots had the advantage in the overnight futures session, sending US stocks lower at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher, to cut the day’s losses. The DJIA closed down 23 points (0.1%) and the NASDAQ dropped 20 points (0.2%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Monday 07/29/19 4:00 PM EDT

The SkyNet StockBots delivered a split performance, as US stocks zigged and zagged throughout the day. The DJIA gained 29 points (0.1%) but the NASDAQ dropped 37 points (0.4%).

Stay tuned as the battle of the SkyNet StockBots continues

Market Update – Friday 07/26/19 4:00 PM EDT

US stocks got a pop from the SkyNet BuyBots at the open of trading on Wall Street, and kept on going to close near the highs of the day. The DJIA gained 51 points (0.2%) and the NASDAQ jumped 91 points (1.1%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 07/25/19 4:00 PM EDT

The SkyNet SellBots ruled the day, sending US stock down sharply at the opening of trading. From there, stocks zigged and zagged to close near the lows of the day. The DJIA dropped 129 points (0.5%) and the NASDAQ tanked 83 points (1.0%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Wednesday 07/24/19 4:00 PM EDT

It was a split personality day for US stocks as the SkyNet StockBots hammered DJIA stock Boeing and bought just about everything else. The DJIA dropped 79 points (0.3%) but the NASDAQ jumped 70 points (0.8%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Tuesday 07/23/19 4:00 PM EDT

US stocks zigged and zagged their way lower from the open of trading on Wall Street. At precisely noon ET (“funny” how that happens) the SkyNet BuyBots took control, sending stocks sharply higher into the close. The DJIA jumped 177 points (0.6%) and the NASDAQ surged 47 points (0.6%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Monday 07/22/19 4:00 PM EDT

US stocks were under pressure from the SkyNet SellBots at open of trading on Wall Street, but it was all uphill from there as the BuyBots took control. The DJIA ended higher by 17 points (0.1%) and the NASDAQ recovered yesterday’s losses with a 58 points (0.7%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Friday 07/19/19 4:00 PM EDT

US stocks got a pop from the SkyNet BuyBots at open of trading on Wall Street, but it was all downhill from there as the SellBots took control. The DJIA dropped 69 points (0.3%) and the NASDAQ tanked 60 points (0.7%). Gold and silver pulled back from their recent strong rallies.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 07/18/19 4:00 PM EDT

US stocks were under pressure from the SkyNet SellBots from the open of trading on Wall Street until precisely 11:45 AM (“funny” how that happens) when the BuyBots kicked into gear and pushed stocks into the green by the close. The DJIA eked out a gain of 3 points (0.4%) and the NASDAQ advanced 22 points (0.2%). Gold and silver continued their recent strong rallies.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Wednesday 07/17/19 4:00 PM EDT

The SkyNet StockBots continued on summer vacation today, as US stocks zigged and zagged in quiet trading to close lower. The DJIA dropped 116 points (0.4%) and the NASDAQ lost 38 points (0.4%). Gold and silver continued their recent rallies.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Tuesday 07/16/19 4:00 PM EDT

The SkyNet StockBots continued on summer vacation today, as US stocks zigged and zagged in a narrow range to close slightly lower. The DJIA dipped 24 points (0.1%) and the NASDAQ dropped 35 points (0.4%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Monday 07/15/19 4:00 PM EDT

The SkyNet StockBots were on summer vacation today, as US stocks zigged and zagged in a narrow range to close slightly higher. The DJIA added another 27 points (0.1%) and the NASDAQ gained 14 points (0.2%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 07/11/19 4:00 PM EDT

 

For the fifth day in a row now, the SkyNet SellBots pushed the sell button at the open of trading on Wall Street.sending US stocks lower. From there, stocks zigged and zagged their way into a mixed close. The DJIA added another 227 points (0.8%) but the NASDAQ slipped 6 points (0.1%). Gold and Bitcoin backed off from their recent rallies.

Stay tuned as the battle of the SkyNet StockBots continues.