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Market Update – Friday 06/07/19 4:00 PM EDT

The SkyNet BuyBots’ buying spree continued today. The DJIA surged another 263 points (1.0%) and the NASDAQ tacked on another 128 points (1.6%). Despite the euphoria this week, US stocks have recovered only about 40% of their drop over the prior six weeks.

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Thursday 06/06/19 4:00 PM EDT

Anyone doubting the existence and domination of the SkyNet StockBots in US stock markets need only look at the last three days of trading. The SkyNet BuyBots extended this week’s big rally with another big push, sending US stocks sharply higher again. The DJIA surged another 181 points (0.7%) and the NASDAQ  tacked on another 40 points (0.5%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Wednesday 06/05/19 4:00 PM EDT

The SkyNet BuyBots extended yesterday’s big rally with another big push, sending US stocks sharply higher again. The DJIA jumped 207 points (0.8%) and the NASDAQ tacked on another 48 points (0.6%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Tuesday 06/04/19 4:00 PM EDT

Following six straight weeks of steady declines, US stocks got a lot of that back all in one day as the SkyNet BuyBots put the pedal to the metal all day. The DJIA jumped 512 points (2.0%) while the NASDAQ soared 194 points (2.6%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Monday 06/03/19 4:00 PM EDT

The SkyNet StockBots battled it out to a near draw in the blue chip DJIA, but the infamously “tech heavy” NASDAQ got whacked again. The DJIA gained 5 points (0.1%) while the NASDAQ plunged another 120 points (1.6%). The NASDAQ is now down 10% in the last month, marking entry into official “correction” territory.

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Friday 05/31/19 4:00 PM EDT

US stocks ended the week and the month with a decisive thumping by the SkyNet SellBots.

Dow drops more than 350 points after Trump threatens
new tariffs on Mexico, posts 6-week slide

The DJIA is now down 1,841 points (7.0%) from its high of 26,656 on April 23. This is now six weeks in a row to the downside for the DJIA.

The DJIA got whacked for 355 points (1.4%) and the NASDAQ plunged 115 points (1.5%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Thursday 05/30/19 4:00 PM EDT

The SkyNet BuyBots pushed US stocks slightly higher at the open of trading on Wall Street. From there, stocks zigged and zagged in a relatively narrow range and closed modestly higher. The DJIA gained 43 points (0.2%) and the NASDAQ added 20 points (0.3%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Wednesday 05/29/19 4:00 PM EDT

The SkyNet SellBots had the upper hand as trading opened on Wall Street, sending stocks sharply lower on persistent fears that the US-China trade dispute will not be resolved anytime soon.The BuyBots stepped in a couple of times to mitigate the damage, but to little avail. The DJIA tumbled another 221 points (0.9%) and the NASDAQ tanked 60 points (0.8%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Friday 05/24/19 4:00 PM EDT

The SkyNet BuyBots boosted market at the open of trading on Wall Street, but from there, stocks zigged and zagged and drifted quietly into the close ahead of the long Memorial Day weekend. The DJIA gained 95 points (0.4%) and the NASDAQ edged higher by 8 points (1.6%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Thursday 05/23/19 4:00 PM EDT

The SkyNet SellBots ruled the day, sending US stocks sharply lower on (surprise) new fears that the trade war with China might indeed become a reality. At precisely 3:00 PM EDT (funny how that happens), the SkyNet BuyBots stepped in and cut the day’s losses by about a quarter.  But still, the DJIA ended down 286 points (1.1%) and the NASDAQ tanked 123 points (1.6%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Wednesday 05/22/19 4:00 PM EDT

The SkyNet BuyBots ruled the day, sending US stocks higher on renewed hopes that the trade war with China will be averted. The DJIA jumped 197 points (0.8%) and the NASDAQ recovered 83 points (1.0%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Tuesday 05/21/19 4:00 PM EDT

The SkyNet SellBots bad the upper hand in overnight futures trading, leading to a sharp drop at the open of trading on Wall Street. From there, US stocks zigged and zagged their way to a modestly lower close. The DJIA dipped 79 points (0.3%) and the NASDAQ dropped 35 points (0.5%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Monday 05/20/19 4:00 PM EDT

The SkyNet SellBots bad the upper hand in overnight futures trading, leading to a sharp drop at the open of trading on Wall Street. From there, US stocks zigged and zagged their way to a lower close. The DJIA dipped 84 points (0.3%) and the NASDAQ took it on the chin for 114 points (1.5%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Friday 05/17/19 4:00 PM EDT

The SkyNet StockBots battled it out all day as US stocks zigged and zagged their way to a lower close. The DJIA dipped 99 points (0.4%) and the NASDAQ dropped 82 points (1.0%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Thursday 05/16/19 4:00 PM EDT

US stocks continued their recovery from Monday’s mini-crash, as the SkyNet BuyBots stepped in on continued hopes that the US trade war with China might not be so damaging to the world economy. The DJIA gained 215 points (0.8%) and the NASDAQ added 75 points (1.0%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Wednesday 05/15/19 4:00 PM EDT

US stocks continued their recovery from Monday’s mini-crash, as the SkyNet BuyBots stepped in on continued hopes that the US trade war with China might not be so damaging to the world economy. The DJIA gained 116 points (0.4%) and the NASDAQ bounced 87 points (1.1%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Tuesday 05/14/19 4:00 PM EDT

US stocks recovered from yesterday’s mini-crash, as the SkyNet BuyBots stepped in on hopes that the US trade war with China might not be so damaging to the world economy. The DJIA rebounded 207 points (0.8%) and the NASDAQ bounced 87 points (1.1%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Monday 05/13/19 4:00 PM EDT

Again, the on-again off-again trade dispute between Donal Trump and China took center stage as the SkyNet SellBots pounded stocks right off the bat and kept on going. The SkyNet BuyBots were nowhere in site to mount an afternoon rally, as they did often last week. The DJIA plunged 622 points (2.4%) and the NASDAQ got smashed for 275 points (3.5%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Friday 05/10/19 4:00 PM EDT

Again, the SkyNet SellBots pounded US stock this morning on continued fears that Donald Trump may impose a new round of tariffs on Chinese goods.And just like yesterday, the BuyBots jumped in just before noon when Trump tweeted an optimistic message on the trade situation. The DJIA, down 300 points early, rallied to close up 114 points (0.4%) and the NASDAQ ended higher by 6 points (0.1%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Thursday 05/09/19 4:00 PM EDT

The SkyNet SellBots pounded US stock this morning on continued fears that Donald Trump may impose a new round of tariffs on Chinese goods. The BuyBots cautiously stepped in just before noon when Trump tweeted an optimistic message on the trade situation. The DJIA, down 425 points early, closed down 139 points (0.5%) and the NASDAQ dropped 33 points (0.4%).

Stay tuned as the battle of the SkyNet StockBots continues!

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

Following the last two days of sharp losses, the SkyNet BuyBots were unable to mount much of a rally as US stocks ended narrowly mixed in relatively quiet trading. The DJIA edged higher by 2 points (0.0%) and the NASDAQ slipped another 20 points (0.3%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Tuesday 05/07/19 4:00 PM EDT

In a stunning  reversal of yesterday’s action, the SkyNet SellBots were out in full force, sending US stocks sharply lower on renewed fears that Donald Trump may impose a new round of tariffs on Chinese goods. Only a late-day rally prevented even sharper losses. The DJIA ended down 473 points (1.8%) and the NASDAQ got smashed by 160 points (2.0%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Monday 05/06/19 4:00 PM EDT

The SkyNet SellBots were out in full force in Sunday night futures trading, driving US stocks sharply lower at the open of trading on Wall Street on fears that Donald Trump may impose a new round of tariffs on Chinese goods. But that was all she wrote on teh downside, as the BuyButs immediately took over and mounted a fierce bounce, cutting the day’s losses. After opening down 485 points, the DJIA ended down just 66 points (0.3%) and the NASDAQ lost 41 points (0.5%).

Stay tuned as the battle of the SkyNet StockBots continues!