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Market Update – Monday 10/14/19 4:00 PM EDT

The SkyNet StockBots took the Columbus Day holiday off, as US stocks zigged and zagged their way to a modestly lower close on light volume. The DJIA dipped 29 points (1.1%) and NASDAQ slipped 8 points (0.1%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Friday 10/11/19 4:00 PM EDT

US stocks zigged and zagged their way to a sharply higher close, as the on-again off-again on-again off-again on-again off-again on-again off-again on-again off-again on-again off-again trade war between the US and China was back in “off” mode. The DJIA ended higher by 320 points (1.2%) and NASDAQ surged 106 points (1.3%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 10/10/19 4:00 PM EDT

The SkyNet BuyBots took control in the overnight futures again, sending US stocks higher at the open of trading on Wall Street. At precisely 11:15 AM ET (“funny” how that happens), the SellBots stepped in and cut into the day’s gains. The DJIA ended higher by 151 points (0.6%) and NASDAQ surged 47 points (0.6%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Wednesday 10/09/19 4:00 PM EDT

The SkyNet BuyBots took control in the overnight futures, sending US stocks sharply higher at the open of trading on Wall Street. From there, stocks zigged and zagged and went a net nowhere. The DJIA gained 181 points (0.7%) and NASDAQ surged 80 points (1.0%).

Stay tuned as the battle of the SkyNet StockBots continues.

The SkyNet SellBots took control in the overnight futures, sending US stocks sharply lower at the open of trading on Wall Street. From there, the BuyBots stepped in and mounted a respectable rally. All was well until Fed Head Jerome Powell announced “non-QE QE,”which sent stocks back down the roller coaster.

The DJIA plunged 314 points (1.2%) and NASDAQ surrendered 133 points (1.7%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Monday 10/07/19 4:00 PM EDT

US stocks zigged and zagged their way to a lower close, as the on-again off-again on-again off-again on-again off-again on-again off-again on-again off-again on-again off-again trade war between the US and China was back in “on” mode. The DJIA dropped 96 points (0.4%) and NASDAQ fell 26 points (0.4%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 10/03/19 4:00 PM EDT

The SkyNet SellBots continued their strong pressure of late, pushing US stocks down again following the open of trading on Wall Street. At precisely 10:00 AM EDT (funny how that happens), the BuyBots woke up off the floor and started a recovery to push stocks solidly in the green by the close. The DJIA ended higher by 122 points (0.5%) and the NASDAQ advanced 87 points (1.1%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Monday 09/30/19 4:00 PM EDT

The SkyNet SellBots ruled the day, as president Donald Trump ratcheted up the trade war with China by threatening to de-list Chinese stocks traded in the US. The BuyBots stepped in in the final hour of trading to cut the day’s losses. The DJIA ended down 71 points (0.3%) and the NASDAQ surrendered 91 points (1.1%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Friday 09/27/19 4:00 PM EDT

The SkyNet BuyBots ruled the day, as all things were quiet on the on-again-off-again on-again-off-again on-again-off-again on-again-off-again on-again-off-again US trade war with China front. The DJIA ended higher by 98 points (0.3%) and the NASDAQ gained 60 points (0.7%).

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 09/26/19 4:00 PM EDT

With “all eyes” still on Washington DC and the growing calls for the impeachment of president Donald Trump, the SkyNet SellBots pushed US stock a bit lower in a choppy session. The DJIA dropped 80 points (0.3%) and the NASDAQ surrendered 47 points (0.6%). Gold and US bonds stabilized.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Wednesday 09/25/19 4:00 PM EDT

With “all eyes” supposedly on Washington DC and the growing calls for the impeachment of president Donald Trump, the SkyNet StockBots sided with Alfred E. Newman: “What Me Worry?” The DJIA recovered a bit more than yesterday’s loss, gaining 162 points (0.6%) and the NASDAQ rebounded 83 points (1.0%). Gold and US bonds got whacked.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Tuesday 09/24/19 4:00 PM EDT

The SkyNet BuyBots rallied US stocks in the overnight futures, leading to a positive open of trading on Wall Street. But it was all downhill form there, as the on-again off-again trade US-China trade war was back in off-again mode. The DJIA dropped 142 points (0.5%) and the NASDAQ plunged 119 points (1.5%). Gold and US bonds resumed their rallies.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Monday 09/23/19 4:00 PM EDT

The SkyNet StockBots took the day off as US stocks zigged and zagged in a narrow range into a mixed close. The DJIA gained 14 points (0.1%) but the NASDAQ slipped 5 points (0.1%). Gold and US bonds resumed their rallies.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Friday 09/06/19 4:00 PM EDT

The SkyNet StockBots took the day off as US stocks zigged and zagged in a narrow range into a mixed close.

The DJIA gained 69 points (0.3%) but the NASDAQ slipped 13 points (0.2%). Gold and US bonds continued to pull back from their recent sharp gains.

Stay tuned as the battle of the SkyNet StockBots continues.

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

The on-again off-again trade war with China was back in off-again mode today as the SkyNet BuyBots ignited a monster rally in the overnight futures trading, sending US stocks sharply higher at the open of trading on Wall Street. From there, stocks zigged and zagged and added a bit more ground into the close. The DJIA jumped 372 points (1.4%) and the NASDAQ surged 140 points (1.7%). Gold and US bonds finally pulled back from their recent sharp gains.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Wednesday 09/04/19 4:00 PM EDT

US stocks recovered from yesterday’s steep losses as the on-again off-again trade war with China was back in off-again mode. The SkyNet BuyBots gained the upper hand in the overnight futures trading, sending US stocks sharply higher at the open of trading on Wall Street.From there, stocks zigged and zagged their way a bit higher into the close. The DJIA gained 237 points (0.9%) and the NASDAQ jumped 102 points (1.3%). Yet again gold and US bonds extended their recent moves higher.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Tuesday 09/03/19 4:00 PM EDT

The SkyNet SellBots gained the upper hand in the overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street.From there, stocks zigged and zagged their way with little direction into the close. The DJIA plunged 285 points (1.0%) and the NASDAQ tanked 88 points (1.0%). Gold and US bonds extended their recent moves higher.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Friday 08/30/19 4:00 PM EDT

The SkyNet StockBots took off early for the long holiday weekend as US stocks zigged and zagged their way to a narrowly mixed close. The DJIA gained 41 points (0.1%) but the NASDAQ slipped 10 points (0.1%). Gold and US bonds dropped a bit following their recent moves higher.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Thursday 08/29/19 4:00 PM EDT

The SkyNet BuyBots gained the upper hand in the overnight futures trading, sending US stocks sharply higher at the open of trading on Wall Street. From there, stocks went a net nowhere and closed near the opening highs. The DJIA jumped 326 points (1.2%) and the NASDAQ surged 116 points (1.5%). Gold and US bonds dropped a bit following their recent moves higher.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Wednesday 08/28/19 4:00 PM EDT

The SkyNet SellBots gained the upper hand in the overnight futures trading, sending US stocks lower at the open of trading on Wall Street. From there, the BuyBots immediately stepped and sent stock higher almost all day long. The DJIA jumped 258 points (1.0%) and the NASDAQ added 30 points (0.4%). Gold and US bonds paused after their recent moves higher.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update – Tuesday 08/27/19 4:00 PM EDT

The SkyNet BuyBots gained the upper hand in the overnight futures trading, sending US stocks higher at the open of trading on Wall Street. From there, it was mostly downhill into  the close. The DJIA dropped 121 points (0.5%) and the NASDAQ gave back 27 points (0.3%). Gold and US bonds continued their moves higher.

Stay tuned as the battle of the SkyNet StockBots continues.