• Market Update Friday 09/18/20

    This week’s selloff continued in the overnight futures session, as the SkyNet SellBots sent US stocks sharply lower at the open of trading on Wall Street. The selling continued until precisely 1:30 PM EDT (“funny” how that happens) when the BuyBots finally stepped in and rallied stocks to cut the day’s losses. The DJIA ended […]
  • Market Update Thursday 09/17/20

    Yesterday afternoon’s selloff continued in the overnight futures session, as the SkyNet SellBots sent US stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged their way into a solidly lower close. The DJIA ended down 130 points (0.5%) and the NASDAQ tanked 140 points (1.3%). Gold and […]
  • Market Update Wednesday 09/16/20

    Morning trading was quiet ahead of Fed Head Jerome Powell’s afternoon press  Following the Fed’s announcement that it will not even consider considering raising interest rates for years to come, surprisingly, stocks sold off. Fed sees interest rates near zero until end of 2023 The DJIA held on to a 37 point gain (0.1%) but […]
  • Market Update Tuesday 09/15/20

    In quiet trading ahead of tomorrow’s Federal Reserve meeting, US stocks opened a bit higher and then zigged and zagged into the close. The DJIA just about broke even and the NASDAQ added another 133 points (1.2%). Gold and silver were little changed. Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Monday 09/14/20

    Following last week’s drubbings, the SkyNet BuyBots took control in the overnight futures, sending US stocks sharply higher at the open of trading. From there, stocks zigged and zagged into the close. The DJIA jumped 327 points (1.2%) and the NASDAQ soared 203 points (1.9%). Gold and silver resumed their rallies. Stay tuned as the […]
  • Market Update Friday 09/11/20

    US stocks were back in split decision mode as the SkyNet Sell Bots took another whack at tech stocks.sending US stocks opened a bit higher and then zigged and zagged into a mixed close. The DJIA ended higher 131 points (0.5%) and the NASDAQ dropped 66 points (0.6%). Gold and silver continued to consolidate recent […]
  • Market Update Thursday 09/10/20

    The SkyNet BuyBots took control in the overnight futures, sending US stocks sharply higher at the open of trading. But it was all downhill from there into the close. Dow sheds more than 400 points, Nasdaq leads market selloff as tech rebound fades The DJIA ended down 220 points (0.8%) and the NASDAQ plunged 222  […]
  • Market Update Wednesday 09/09/20

    Following three straight where US stocks got smashed, bashed and trashed, the SkyNet BuyBots finally jumped in and  took control in the overnight futures, sending US stocks sharply higher at the open of trading. From there, stocks zigged and zagged to close a bit off the highs of the day. The DJIA recovered 439 points […]
  • Market Update Tuesday 09/08/20

    For the third day in a row, US stocks got smashed, bashed and trashed as the SkyNet SellBots took control in the overnight futures, sending US stocks sharply lower at the open of trading. From there, stocks zigged and zagged to close near the lows of the day. The DJIA plunged 632 points (2.5%) and […]
  • Market Update Monday 09/07/20

    US markets closed for the Labor Day holiday.
  • Market Update Friday 09/04/20

    US stocks got smashed, bashed and trashed again as the SkyNet SellBots took control in the overnight futures, sending US stocks sharply lower at the open of trading. The plunge continued until precisely 10:45 AM (“funny how that happens) when the BuyBots stepped in an sparked a rally into the close, cutting the day’s losses. […]
  • Market Update Thursday 09/03/20

    For the first time in four months, US stocks got smashed, bashed and trashed as the SkyNet SellBots kicked it into full reverse gear and unleashed a torrent of wave after wave of selling. Stocks plunge, with the Dow dropping more than 800 points The DJIA plunged 827 points (2.8%) and the NASDAQ gained 116 […]
  • Market Update Wednesday 09/02/20

    US stocks were back in “up, up  and away” mode, as the SkyNet BuyBots took control in the overnight futures session. sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher into the close. The DJIA jumped 455 points (1.5%) and the NASDAQ gained […]
  • Market Update Tuesday 09/01/20

    US stocks were back in “up, up  and away” mode, as the SkyNet BuyBots took control in the overnight futures session. sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher into the close. The DJIA gained 215 points (0.7%) and the NASDAQ jumped […]
  • 09/04/20 – April Joyner: 2016 all over again? Investors ready for big market moves as U.S. election nears

    Market volatility is back – and investors expect more wild swings in the coming weeks and months as the U.S. presidential election closes in. Regardless of who wins the Nov. 3 election, some market watchers say, markets are likely to grow more turbulent. Read More.
  • Market Update Monday 08/31/20

    US stocks were back in “up, up  and away” mode, as the SkyNet BuyBots took control in the overnight futures session. sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher into the close. The DJIA gained 161 points (0.6%) and the NASDAQ advanced […]
  • Market Update Friday 08/28/20

    It was another decidedly split decision on Wall Street as the SkyNet BuyBots shifted focused to te big tech stocks as the Wall Street pundits tinkered with the stocks inludded in the DJIA. As a result, the DJIA  dropped 224 points (0.8%) and the NASDAQ powered ahead 80 points (0.7%). Gold held steady as silver […]
  • Market Update Thursday 08/27/20

    It was another split decision on Wall Street as the SkyNet BuyBots shifted focused from the big tech stocks to the big industrial companies. The DJIA gained 160 points (0.6%) and the NASDAQ dropped 40 points (0.3%). Gold and silver continued to slip and consolidate recent gains. Stay tuned as the battle of the SkyNet […]
  • 09/03/20 – Tyler Clifford: ‘We could have another 10% fall, easily,’ El-Erian warns after big sell-off

    Wall Street could be headed for correction territory if there is a shift in investor attitude, Allianz’s chief economist Mohamed El-Erian said after the biggest market decline in months. Read More.
  • Market Update Wednesday 08/26/20

    US stocks were back in “up, up  and away” mode, as the SkyNet BuyBots took control in the overnight futures session. sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher into the close. The DJIA gained 83 points (0.3%) and the NASDAQ jumped […]
  • Market Update Tuesday 08/25/20

    It was another split decision on Wall Street as the SkyNet BuyBots continued to focus on the big tech stocks. The DJIA dropped 60 points (0.2%) and the NASDAQ gained 86 points (0.7%). Gold and silver continued to slip and consolidate recent gains. Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Monday 08/24/20

    It was another “up, up  and away” day as the SkyNet BuyBots took control in the overnight futures session. sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher into the close. The DJIA jumped 378 points (1.3%) and the NASDAQ gained 68 points […]
  • Market Update Friday 08/21/20

    It was another “up, up  and away” day as the SkyNet BuyBots took control in the overnight futures session. sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher into the close. The DJIA jumped 190 points (0.7%) and the NASDAQ gained 46 points […]
  • Market Update Thursday 08/20/20

    It was another “up, up  and away” day as the SkyNet BuyBots took control in the overnight futures session. sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher into the close. The DJIA gained 46 points (0.2%) and the NASDAQ jumped 118 points […]
  • Market Update Wednesday 08/19/20

    The SkyNet BuyBots took control in the overnight futures session, sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged until precisely 2:00 PM EDT (“funny” how that happens)when the SellBots jumped in and sent stocks lower into the close. The DJIA dropped 85 points (0.3%) but […]
  • Market Update Tuesday 08/18/20

    Yet again, it was a anther decidedly split decision on Wall Street, as US stocks zigged and zagged into a mixed close. The DJIA dropped 66 points (0.3%) but the NASDAQ gained 81 points (0.7%). Gold and silver zigged and zagged to close a bit higher. Stay tuned as the battle of the SkyNet StockBots […]
  • Market Update Monday 08/17/20

    Yet again, it was a anther decidedly split decision on Wall Street, as US stocks zigged and zagged into a narrowly mixed close. The DJIA dropped 86 points (0.3%) but the NASDAQ jumped 110 points (1.0%). Gold regained $45 following last week’s smash. Silver surged 6%. Stay tuned as the battle of the SkyNet StockBots […]
  • Market Update Friday 08/14/20

    It was a another decidedly split decision on Wall Street, as US stocks zigged and zagged into the mixed close. The DJIA dropped 86 points (0.3%) but the NASDAQ jumped 110 points (1.0%).  Gold jumped $45, recovering from last week’s smashing. Silver surged 6%. Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Thursday 08/13/20

    It was a anther decidedly split decision on Wall Street, as the SkyNet StockBots pretty much stayed on the sidelines. The DJIA dropped 80 points (0.3%) but the NASDAQ added 30 points (0.3%).  Gold and silver continued to bounce a bit following Tuesday’s drubbing. Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Wednesday 08/12/20

    It was another “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots took control in overnight futures trading and kept right on going into the close. The DJIA gained 289 points (1.0%) and the NASDAQ jumped 229 points (2.1%). Gold and silver stabilized after yesterday’s drubbing. Stay tuned as the battle of […]
  • Market Update Tuesday 08/11/20

    Seems as if everything on Wall Street got whacked today, as the SkyNet BuyBots unleashed a flood of selling across the board. The DJIA dropped 105 points (0.4%) and the NASDAQ tanked 186 (1.7%). Gold plunged more than $100 of its recent highs, and silver got smashed by $4.00. US Treasury paper also slumped badly. […]
  • Market Update Monday 08/10/20

    It was a anther decidedly split decision on Wall Street, as the SkyNet BuyBots focused on yet even more financial stimulus from the federal government and the SkyNet SellBots focused on the formerly high-flying tech stock. The DJIA jumped 257 points (1.3%) and the NASDAQ dropped 43 points (0.4%). Gold tacked on $10 and silver […]
  • Market Update Friday 08/07/20

    It was a decidedly split decision on Wall Street, as the SkyNet SellBots focused on the formerly high-flying tech stock. The DJIA gained 46 points (0.2%) and the NASDAQ dropped 97 points (0.9%). Gold and silver pulled back from recent rocket rallies. Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Thursday 08/06/20

    In a repeat of yesterday, it was another “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots took control in overnight futures trading based on optimistic reports of a COVID-19 vaccine, and kept right on going into the close. The DJIA gained 185 points (0.7%) and the NASDAQ added 109 points (1.0%). […]
  • Market Update Wednesday 08/05/20

    It was another “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots took control in overnight futures trading based on optimistic reports of a COVID-19 vaccine, and kept right on going into the close. The DJIA surged 373 points (1.4%) and the NASDAQ added 55 points (0.5%). Again, gold was the star […]
  • Market Update Tuesday 08/04/20

    It was a relatively quiet day of trading on Wall Street, as US stocks zigged and zagged their way to a modestly higher close. The DJIA gained 164 points (0.6%) and the NASDAQ tacked on 38 points (0.3%). Gold was the star of the day, closing at a new record high, above $2,000 for the […]
  • Market Update Monday 08/03/20

    It was another “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots took control in overnight futures trading, and kept right on going into the close. The DJIA surged 236 points (0.9%) and the NASDAQ jumped 157 points (1.5%). Gold jumped to $20 to a new month-end closing high of $1,976. Stay […]
  • Market Update Friday 07/31/20

    Trading on Wall Street was fairly quiet in the morning, as US stocks to modestly lower levels. At precisely 1:00 PM EDT (“funny” how that happens), the SkyNet BuyBots jumped in and rallied stocks into the close. The DJIA ended higher by 115 points (0.4%) and the NASDAQ jumped 157 points (1.5%). Gold jumped to […]
  • Market Update Thursday 07/30/20

    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, the BuyBots jumped in and reversed course, leading to a split decision at the close. The DJIA plunged 226 points (0.9%) but the NASDAQ gained 44 points (0.4%). Stay tuned as […]
  • Market Update Wednesday 07/29/20

    All eyes and ears were on hold today until Fed Head Jay Powell’s afternoon news conference, which turned out to be pretty much a non-event. US stocks zigged and zagged to close near the highs of the day. The DJIA advanced 160 points (0.6%) and the NASDAQ surged 140 points (1.3%). Gold zoomed to a […]
  • Market Update Tuesday 07/28/20

    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 to close at the lows of the day. The DJIA dropped 205 points (0.8%) and the NASDAQ tanked 134 points (1.3%). Gold zoomed to a new record […]
  • Market Update Monday 07/27/20

    Following last week’s massive sell-off, the SkyNet BuyBots stepped in and halted the decline with modest early gains. From there, stocks zigged and zagged to close near the highs of the day. The DJIA rebounded 115 points (0.4%) and the NASDAQ advanced 173 points (1.3%). Gold tacked on a few more bucks to a new […]
  • Market Update Friday 07/24/20

    In a continuation of yesterday’s sell-off, the SkyNet SellBots again 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 to close near the lows of the day.  The DJIA dropped another 182  points (0.7%) and the NASDAQ tanked […]
  • Market Update Thursday 07/23/20

    It was all downhill today as the SkyNet SellBots punished tech stocks for weak earnings reports. The DJIA plunged 353  points (1.3%) and the NASDAQ tanked 245 points (2.3%). Gold and silver pulled back a bit from their recent rallies. Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Wednesday 07/22/20

    It was a relatively quiet day of trading on Wall Street, as US stocks zigged and zagged their way to a modestly higher close. The DJIA gained 165 points (0.6%) and the NASDAQ added 25 points (0.2%). Gold continued to extend it run above $1,850, with eyes on the all-time high of $1,918. Silver zoomed […]
  • Market Update Tuesday 07/21/20

    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 their way lower into the close. The DJIA held onto a gain of 159 points (0.6%) but the NASDAQ dropped 87 points (0.8%). Stay tuned as […]
  • Market Update Monday 07/20/20

    “Up, Up and Away” returned on Wall Street, as the SkyNet BuyBots poured into the NASDAQ tech stocks. The rest of the market zigged and zagged into a modestly higher close. The DJIA edged higher by 9 points (0.0%) and the NASDAQ jumped 264 points (2.5%). Stay tuned as the battle 0of the SkyNet StockBots […]
  • Market Update Friday 07/17/20

    It was a relatively quiet day of trading on Wall Street, as the SkyNet SellBots applied a bit of pressure all day. Stocks zigged and zagged their way to a modestly mixed close. The DJIA gained 63 points (0.2%) and the NASDAQ added 29 points (0.2%). Stay tuned as the battle 0of the SkyNet StockBots […]
  • Market Update Thursday 07/16/20

    It was a relatively quiet day of trading on Wall Street, as the SkyNet SellBots applied a bit of pressure all day. Stocks zigged and zagged their way to a modestly lower close. The DJIA dropped 135 points (0.5%) and the NASDAQ fell on 77 points (0.7%). Stay tuned as the battle 0of the SkyNet […]
  • Market Update Tuesday 07/14/20

    “Up, Up and Away” returned on Wall Street, as the SkyNet BuyBots gained control in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. The rally continued with a vengeance all the way into the close, on renewed hopes of progress in the battle against Covid. The […]
  • Market Update Monday 07/13/20

    It looked like it was going to be yet another “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots gained control in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. The rally continued with a vengeance until precisely 1:30 PM EDT (“funny” how […]
  • Market Update Friday 07/10/20

    It was pretty much another “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots seized on the news of more positive developments in the search for a Covid-19 treatment. The DJIA jumped 369 points (1.4%) and the NASDAQ gained 69 points (0.6%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Thursday 07/09/20

    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 their way to close widely mixed. The DJIA sank 361 points (1.4%) but the NASDAQ gained 55 points (0.5%). Stay tuned as the battle 0of the […]
  • Market Update Tuesday 07/07/20

    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 their way to close near the lows of the day. The DJIA plunged 397 points (1.5%) and the NASDAQ sank 90 points (0.9%). Stay tuned as […]
  • Market Update Monday 07/06/20

    It was pretty much another “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots took control in the overnight futures leading to a sharply higher open of trading on Wall Street. From there, stocks went a net nowhere as they zigged and zagged into the close. The DJIA jumped 459 points (1.8%) […]
  • Market Update Friday 07/03/20

    US markets closed in observance of Independence Day.
  • Market Update Thursday 07/02/20

    The SkyNet BuyBots took control shortly before trading on Wall Street opened, as a  strong employment report. From there, stocks zigged and zagged their way into the close, holding onto most of the early gains. The DJIA advanced 92 points (0.3%) and the NASDAQ tacked on another 53 points (0.5%). Stay tuned as the battle […]
  • Market Update Wednesday 07/01/20

    The SkyNet StockBots seem to have headed for the (mostly closed) beaches ahead of Independence Day holiday, as US stocks delivered a split decision in quiet trading. The DJIA dropped 78 points (0.3%) and the NASDAQ gained another 96 points (0.9%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Tuesday 06/30/20

    It was pretty much another “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots made sure US stocks closed solidly in the green on the last tasding day of the month and the quarter. The DJIA gained 217 points (0.8%) and the NASDAQ jumped 184 points (1.8%). Stay tuned as the battle […]
  • Market Update Monday 06/29/20

    As with last Monday, it was pretty much an “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots applied steady pressure from open the close. The DJIA jumped 580 points (2.3%) and the NASDAQ surged 117 points (1.2%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Friday 06/26/20

      The on-again off-again, on-again off-again, on-again- off-again fears about a spike in further cases of the Covid virus were in full on-again mode today. The SkyNet StockBots were in full control sending US stocks lower from open to close. Dow drops 700 points as coronavirus spike raises concern over the economy The DJIA plunged […]
  • Market Update Wednesday 06/24/20

    The SkyNet SellBots took control in the overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street. Newfound fears focusing on additional expansion of the Covid virus infection took center stage all day. Yes Dave Portnoy, stocks do go down at least occasionally. The DJIA plunged 710 points (2.7%) and […]
  • Market Update Tuesday 06/23/20

    The SkyNet BuyBots took control in the overnight futures trading, sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged and went a net nowhere, closing close to where they opened the day. The DJIA gained 131 points (0.5%) and the NASDAQ surged 75 points (0.7%). Stay […]
  • Market Update Monday 06/22/20

    It was pretty much an “Up, Up and Away” day on Wall Street, as the SkyNet BuyBots applied steady pressure from open the close. The DJIA ended higher by 153 points (0.6%) and the NASDAQ jumped 110 points (1.1%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Friday 06/19/20

    Trading was a bit more volatile than seen in the past few days, but it was the same end result as US stocks zigged and zagged into a mixed close. The DJIA ended down 208 points (0.8%) and the NASDAQ held on to a gain of 3 points (0.0%). Stay tuned as the battle 0of […]
  • Market Update Thursday 06/18/20

    It was another relatively quiet day of  trading as US stocks zigged and zagged into a mixed close. The DJIA ended down 39 points (0.1%) and the NASDAQ edged higher by 32 points (0.3%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Wednesday 06/17/20

    It was a relatively quiet day of  trading as US stocks zigged and zagged a bit to the upside, until precisely 1:30 PM (“funny” how that happens) as the SkyNet SellBots stepped in and  sent stocks lower into the close. The DJIA ended down 170 points (0.6%) and the NASDAQ held on to a gain […]
  • Market Update Tuesday 06/16/20

    It was another wild day of trading, as the SkyNet BuyBots gained control in the overnight futures session, leading to a jump drop at the open of trading on Wall Street. From there, stocks zigged and zagged all over the place but ended pretty much where they stated the day. The DJIA ended higher by […]
  • Market Update Monday 06/15/20

    It was a wild day of trading to start the week following last Thursday’s dramatic drop. The SkyNet SellBots gained control in the overnight futures session, leading to a sharp drop at the open of trading on Wall Street. From there, the BuyBots jumped right in on news that the Federal Reserve will take the […]
  • Market Update Thursday 06/11/20

    The SkyNet SellBots took total control in overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street. The selling intensified all day, on fears of a second wave of the Covid virus  as well as continued reaction to Fed Head Powell’s bearish assessment of the economy. Dow plunges 7%, […]
  • Market Update Wednesday 06/10/20

    The SkyNet StockBots stayed on the sidelines for most of the day as US stocks zigged and zagged their way to another widely diverging mixed close. The StockBots came to life following Fed Head Jerome Powell’s afternoon press conference. Fed sees interest rates staying near zero through 2022, GDP bouncing to 5% next year The […]
  • Market Update Tuesday 06/09/20

    After the buying frenzy over the last week, the SkyNet StockBots finally took a breather as US stocks zigged and zagged their way to a mixed close. The DJIA dropped 300 points (1.0%) and the NASDAQ tacked on another 29 points (0.2%) to a fresh closing high. Stay tuned as the battle 0of the SkyNet […]
  • Market Update Monday 06/08/20

    The buying frenzy continued unabated as the SkyNet BuyBots put the pedal to the medal all day, right into the close. The DJIA jumped another 461 points (1.7%) and the NASDAQ surged 111 points (1.1%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Friday 06/05/20

    Following yesterday’ relatively quiet day on Wall Street yesterday, the buying frenzy resumed today, based on an almost too good to be true employment data report that surprised even “the experts.” Dow closes 800 points higher after jobs report shows surprise jump in payrolls The DJIA jumped 829 points (3.1%) and the NASDAQ surged 198 […]
  • Market Update Thursday 06/04/20

    It was a relatively quiet day on Wall Street, as the buying frenzy of the past few days finally subsided. US stocks zigged and zagged their way to a mixed close. The DJIA advanced 12 points (0.1%) and the NASDAQ dropped 67 points (0.7%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Wednesday 06/03/20

    The buying frenzy on Wall Street continued again today, as the SkyNet BuyBots continued to say “Riots? What riots? Lootings? What lootings? Property destruction? What destruction?” US stocks jumped at the open of trading on Wall Street, and continued right into the close. The DJIA jumped 527 points (2.0%) and the NASDAQ tacked on 74 […]
  • Market Update Tuesday 06/02/20

    Nationwide riots? What riots? Lootings? What lootings? Property destruction? Chaos? The SkyNet BuyBots say “bring it on!”  US stocks zigged and zagged their way to another solid gain. The DJIA jumped 267 points (1.0%) and the NASDAQ tacked on 55 points (0.6%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Monday 06/01/20

    Despite or possibly counter-intuitively because of the protests, violence and destruction in many cities across the US,  US stocks rallied slowly and steadily from open to close. The DJIA gained 91 points (0.3%) and the NASDAQ surged 62 points (0.7%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Friday 05/29/20

    The SkyNet SellBots gained the upper hand in the overnight futures session, as fears over the US-China trade escalated. US stocks traded sharply lower until precisely 11:00 AM EDT when the BuyBots stepped in and slowly but steadily rallied the market into a mixed close. The DJIA fell 17 points (0.1%) and the NASDAQ surged […]
  • Market Update Thursday 05/28/20

    It was yet another Ground Hog Day at the start of trading on Wall Street, as stocks continued the strong action of the last few days. All was well until precisely 3:00 PM EDT (“funny” how that happens) and the SkyNet SellBots jumped in and slammed the rally into reverse. Seems the Bots took notice […]
  • Market Update Wednesday 05/27/20

    The SkyNet BuyBots went bananas again, on optimism that the US economy is continuing to re-open successfully. US stocks jumped at the open of trading on Wall Street. From there it was a mixed bag as stocks zigged and zagged into the close. Dow closes 550 points higher, as investors look past dismal economic data […]
  • Market Update Tuesday 05/26/20

    The SkyNet BuyBots went bananas in the overnight futures session on news of another potential Covid vaccine under development, as well as optimism that the US economy is continuing to re-open successfully. US stocks jumped at the open of trading on Wall Street. From there it was a mixed bag as stocks zigged and zagged […]
  • Market Update Monday 05/25/20

    US financial markets closed in observance of Memorial Day.a
  • Market Update Friday 05/22/20

    It was a another relatively quiet day on Wall Street, as the SkyNet StockBots mostly stayed on the sidelines. Stocks zigged and zagged their way to a modestly mixed close. The DJIA ended down by 9 points (0.1%) and the NASDAQ gained 39 points (0.4%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Thursday 05/21/20

    It was a relatively quiet day of trading on Wall Street as US stocks zigged and zagged their way into a modestly lower close. The DJIA dropped 102 points (0.4%) and the NASDAQ fell 90 points (1.0%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Thursday 05/21/20

    It was a relatively quiet day of trading on Wall Street as US stocks zigged and zagged their way into a modestly lower close. The DJIA dropped 102 points (0.4%) and the NASDAQ fell 90 points (1.0%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Wednesday 05/20/20

    The SkyNet BuyBots gained the upper hand in overnight futures trading,sending US stocks sharply higher at the open of trading on Wall Street.From there, stocks zigged and zagged their way into a solidly higher close. The DJIA jumped 369 points (1.5%) and the NASDAQ surged 191 points (2.0%). Stay tuned as the battle 0of the SkyNet […]
  • Market Update Tuesday 05/19/20

    It was a relatively quiet day of trading until precisely 2:45 PM EDT (“funny” how that happens) when the SkyNet SellBots jumped on news that yesterday’s reports about a promising Covid-19 vaccine were premature. Stocks tumbled into the close. The DJIA plunged 390 points (1.6%) and the NASDAQ dropped 50 points (0.5%). Stay tuned as […]
  • Market Update Monday 05/18/20

    The SkyNet BuyBots were all over it today, starting with the overnight futures, on news of positive developments on the Covid-19 vaccine front. Wall Street opened sharply higher and it kept right on going into the close. Dow surges more than 900 points in best day since early April amid hope for  vaccine Stocks zigged […]
  • Market Update Thursday 05/14/20

    The SkyNet SellBots picked right up where they left off yesterday, sending US stocks sharply lower in early trading on Wall Street. At precisely 10:00 AM EDT (“funny” how that happens), the SkyNet BuyBots said “enough is enough” and started a buying stampede that reversed the opening losses and sent stocks straight up into the […]
  • Market Update Wednesday 05/13/20

    The SkyNet SellBots picked right up where they left off yesterday, boosted by renewed statements by FedHead Jerome Powell that he does not anticipate negative interest rates. The DJIA plunged another 517 points (2.2%), bringing its two-day loss to nearly 1,000 points. The NASDAQ got smashed again, by 135 points (1.9%). Stay tuned as the […]
  • US stocks opened narrowly mixed but after a few early morning zigs and zags, it was all downhill into the close. The SkyNet SellBots were boosted by renewed fears that the US economy might not “reopen for business” as quickly as previously hoped. The DJIA plunged 457 points (1.9%) and the NASDAQ got smashed by […]
  • Market Update Monday 05/11/20

    It was another split decision in relatively quiet trading on Wall Street today as the tech stocks continued to lead the way higher. The DJIA dropped 109 points (0.5%) and the NASDAQ gained 71 points (0.7%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Friday 05/08/20

    Despite, or perhaps because of, the historic economic news, Shaking off the worst U.S. unemployment rate since the Great Depression the Sky Net BuyBots gained control in the overnight futures session, and never looked back. The DJIA jumped 455 points (1.9%) and the NASDAQ surged 141 points (1.5%). Stay tuned as the battle 0of the […]
  • Market Update Thursday 05/07/20

    The SkyNet BuyBots, boosted by renewed reports of progress with US-China trade talks,   gained control in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. The rally continued until precisely 2:00 PM EDT (“funny” how that happens) when the SellBots stepped in and started chipping away […]
  • Market Update Tuesday 05/05/20

    The SkyNet BuyBots gained 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 until precisely 3:00 PM EDT (“funny” how that happens) when the SellBots stepped in and cut the rally in half by the close. The DJIA ended […]
  • Market Update Monday 05/04/20

    The SkyNet SellBots picked up right where they left off Friday, sending US stocks sharply lower at the open of trading on Wall Street. But it was all uphill from there as the BuyBots stepped in and mounted a strong rebound into the close. The DJIA ended higher by 26 points (0.1%) and the NASDAQ […]
  • Market Update Friday 05/01/20

    The SkyNet SellBots picked up right where they left off yesterday, sending US stocks sharply lower at the open of trading on Wall Street. From there, president Trump’s talk of renewed tariffs and sanctions against China kept the selling pressure going all day, right into the close. The DJIA plunged 622  points (2.6%) and the NASDAQ […]
  • Market Update Thursday 04/30/20

    The SkyNet SellBots controlled the day’s action, starting with the overnight futures trading, leading to a sharply lower opening on Wall Street. From there, stock zigged and zagged and went a net nowhere. The DJIA dropped 288 points (1.7%) and the NASDAQ lost 25 points (0.3%). Stay tuned as the battle 0of the SkyNet StockBots […]
  • Market Update Wednesday 04/29/20

    Sparked by new reports of a possible new treatment for coronavirus. the SkyNet BuyBots controlled the day’s action, starting with the overnight futures trading, leading to a sharply higher opening on Wall Street. From there, stock extended gains into the close, on Fed Head Jerome Powell’s comments that the Fed will “do whatever it takes […]