• 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 […]
  • Market Update Monday 04/27/20

    The SkyNet BuyBots picked up right where they left off on Friday, sending US stocks steadily higher all day all the way into the close. The DJIA jumped 359 points (1.5%) and the NASDAQ surged 95 points (1.1%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Friday 04/24/20

    US stocks opened slightly to the downside, but from there the SkyNet BuyBots took control, pushing stocks higher into the close. The DJIA gained 260 points (1.1%) and the NASDAQ surged 139 points (1.6%). Stay tuned as the battle 0of the SkyNet StockBots continues.
  • Market Update Thursday 04/23/20

    It was a relatively quiet day of trading after many volatile sessions. US stocks opened slightly to the upside, but from there, stocks zigged and zagged their way to close near the lows of the day. The DJIA ended 39 points higher (0.2%) and the NASDAQ slipped a point. Gold continued its march to a […]
  • Market Update Wednesday 04/22/20

    After two  sharp down days, the SkyNet BuyBots dominated the day, starting by rallying in the overnight futures session leading to a sharply higher open on Wall Street. From there, stocks zigged and zagged their way to close near the highs of the day. The DJIA recovered 456 points (2.0%) and the NASDAQ jumped 232 […]
  • Market Update Tuesday 04/21/20

    All eyes were on crude oil trading again as yesterday’s historic plunge continued in the new front month contract. June oil futures contract drops 43% Over in the relatively rational stock market, in a near-replay of yesterday’s trading,  the SkyNet SellBots dominated the day, starting by plunging in the overnight futures session leading to a […]
  • Market Update Monday 04/20/20 It was a day to remember in the financial markets as all eyes turned to crude oil for an historic day of trading. There was panic selling as the May futures approached expiration. With the world awash in crude due to drastic reductions in demand attributed to the Coronavirus outbreak and […]
  • Market Update Friday 04/17/20

    The SkyNet BuyBots dominated the day, starting by jumping in the overnight futures session on news that a new drug may be effective against the Coronavirus. US stocks opened sharply higher on Wall Street and from there they zigged and zagged until a last hour rally pushed stocks into the highs of the day at […]
  • Market Update Thursday 04/16/20

    US stocks had a relatively quiet day for a change, zigging and zagging their way to a higher close. The DJIA gained 33 points (0.1%) and the NASDAQ outperformed, jumping 139 points (1.5%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Wednesday 04/15/20

    In a reversal from yesterday, the SkyNet SellBots took control in the overnight futures trading on pessimism on reports of an increase in Coronavirus infections in the US. US stocks opened sharply lower on Wall Street and zigged and zagged to slight improvement into the close. The DJIA dropped 449 points (1.9%) and the NASDAQ […]
  • Market Update Tuesday 04/14/20

    The SkyNet BuyBots took control in the overnight futures trading on optimism that the worst of the Coronavirus is over. Us stocks opened sharply higher on Wall Street and zigged and zagged to additional gains into the close. The DJIA gained 559 points (2.4%) and the NASDAQ jumped 323 points (3.9%). Gold jumped to a […]
  • Market Update Monday 04/13/20

    It was a relatively quiet day on Wall Street, as US stocks zigged and zagged their way into a mixed close. The DJIA dropped 329 points (1.4%) but the NASDAQ gained 38 points (0.5%). Gold jumped to a fresh 7-year high. Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Friday 04/10/20

    US Markets closed in observance of Good Friday and Easter Sunday.
  • Market Update Thursday 04/09/20

    The Federal Reserve offered another $2.,300,000,000,000 in loans and assistance and the SkyNet BuyBots jumped all over the news, sending US stocks sharply higher at the open of trading on Wall Street. Fed Unveils New Bailout Program, Will Provide Up To $2.3 Trillion In Loans From there, stocks zigged and zagged their way to a […]
  • Market Update Thursday 04/09/20

    The Federal Reserve offered another $2.,300,000,000,000 in loans and assistance and the SkyNet BuyBots jumped all over the news, sending US stocks sharply higher at the open of trading on Wall Street. Fed Unveils New Bailout Program, Will Provide Up To $2.3 Trillion In Loans From there, stocks zigged and zagged their way to a […]
  • Market Update Wednesday 04/08/20

    The SkyNet BuyBots continued yesterday’s massive rally in the overnight futures session, sending US stocks a bit higher at the open of trading on Wall Street. From there, stocks continued to push higher all the way into the close. The DJIA jumped 779 points (3.4%) and the NASDAQ surged 203 points (2.6%). Stay tuned as […]
  • Market Update Tuesday 04/07/20

    The SkyNet BuyBots continued yesterday’s massive rally in the overnight futures session, sending US stocks sharply higher at the open of trading on Wall Street. From there, the SellBots stepped in and gradually erased all of the opening gains and a bit more. The DJIA closed down 26 points (0.1%) and the NASDAQ dropped 26 […]
  • Market Update Monday 04/06/20

    No doubt about it, the SkyNet BuyBots ruled the day, as fears over the Corona virus yielded to hopes and prayers that the pandemic was peaking and that the world’s governments and central banks have juiced the economies sufficient to forestall an historic depression. Trump says there’s light at the end of the tunnel with […]
  • Market Update Friday 04/03/20

    Yesterday, US stocks shrugged off the news of historic jump in unemployment claims and mounted a respectable rally. Today, that rally was almost completely reversed, as the SkyNet StockBots kept the pressure on most of the day. A late rebound reduced the day’s losses a bit. The DJIA dropped 361 points (1.7%) and the NASDAQ […]
  • Market Update Thursday 04/02/20

    US stocks shrugged off today’s news of historic jump in unemployment claims and mounted a respectable rally. Record 6.6 million Americans applied last week for unemployment The SkyNet BuyBots “bought the news,” sending stocks sharply higher at the open of trading on Wall Street. From there, the SellBots applied pressure, erasing the early gains. At […]
  • The Great Bear Market kicked it into high gear yet again as the SkyNet SellBots took control and pounded away on stock prices right through to the close. The DJIA plunged 974 points (4.4%) and the NASDAQ surrendered 340 points (4.4%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Tuesday 03/31/20

    US stocks got a nice pop out of the gate, recovering some of yesterday’s sharp sell-off. But the rebound was short-lived, as the SkyNet SellBots took control and pounded away on stock prices right through to the close. The DJIA declined 410 points (1.8%) and the NASDAQ dropped 74 points (0.9%). Stay tuned as the […]
  • Market Update Monday 03/30/20

    US stocks continued to consolidate recent action as the SkyNet BuyBots partially recovered from Friday’s sharp sell-off. It was pretty much “up, up and away” all day into a strong close. The DJIA recovered 690 points (3.2%) and the NASDAQ jumped 272 points (3.6%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Friday 03/27/20

    After three days of furious rally, the SkyNet SellBots took control in overnight future trading, sending stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged and closed near the lows of the day. The DJIA plunged 915 points (4.0) and the NASDAQ surrendered 295 points (3.8%). US […]
  • Market Update Thursday 03/26/20

    The rally off Monday’s lows continued for a third day, as the SkyNet BuyBots completely ignored the record news on the employment front. Jobless claims soar past 3 million to record high In early afternoon the SellBots mounted a weak defense, and could only slow down the rally which accelerated into the close. Dow rallies […]
  • Market Update Wednesday 03/25/20

    Yesterday’s monster rally continued at the open of trading on Wall Street, but the SkyNet SellBots quickly reversed the action, sending stocks sharply lower. Not to be outdone, the BuyBots countered and ignited another rally. A selloff in the last hour yielded a mixed close. The DJIA gained 249 points (2.4%) but NASDAQ dropped 34 […]
  • Market Update Tuesday 03/24/20

    The Federal Reserve and DC Swamp politicians finally threw enough stimulus, subsidies and spending at the financial markets, $8,000,000,000,000 at last count, to get the undivided attention of the SkyNet BuyBots. Dow posts 2,112 point gain biggest ever It was a rally of epic proportion, the first solid reaction to the Bear Market that started […]
  • Market Update Monday 03/23/20

    To quote the infamous yogi (Berra that is), “It’s deja vu all over again:” another Manic Monday. The SkyNet StockBots battled it out as stocks zigged and zagged their way into another solid down day. The US Federal Reserve threw even the kitchen sink into today’s efforts to stem the bloodbath in US stocks, to […]
  • Market Update Friday 03/20/20

    Following yesterday’s relatively calm trading, the SkyNet SellBots kicked things back in gear with another dramatic sell-off. A brief morning rally quickly turned into another waterfall decline. A last hour rally trimmed the day’s damage just a bit. Dow ends down over 900 points in wild action, as stocks book worst week since 2008. The […]
  • Market Update Thursday 03/19/20

    US stocks traded in a relatively narrow range for the first time in weeks. The SkyNet SellBots took control in the overnight futures trading, sending US stocks lower at the open of trading on Wall Street. From there, stocks zigged and zagged their way higher into the close. The DJIA recovered 188 points (0.9%) and […]
  • Market Update Wednesday 03/18/20

    It was another devastating day on Wall Street. US stocks mini-crashed again as the SkyNet SellBots took control in the overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street and triggering circuit breakers and a trading halt. The SellBots continued the unrelenting pressure and only a last hour […]
  • Market Update Tuesday 03/17/20

    After yesterday’s historic plunge, the SkyNet BuyBots took control in the overnight futures trading, sending US stocks sharply higher at the open of trading on Wall Street. But as soon as the bulls breathed a sigh of relief, the SellBots stepped right in and erased all of the early gains. But Donald Trump & Co. […]
  • Market Update Monday 03/16/20

    It was “Just Another Manic Monday,” as the SkyNet SellBots orchestrated yet another massive attack on US stocks. On Sunday, Fed Head Jerome Powell threw in the towel and cut the Fed’s interest rates essentially to zero. That financial bazooka backfired as the SkyNet StockBots interpreted that as a sign of desperation and panic. Panic […]
  • Market Update Friday 03/13/20

    Friday the 13th turned out to be a very lucky day for stock market bulls. The SkyNet BuyBots took control in the overnight futures trading, sending US stocks sharply higher at the open of trading on Wall Street. But as soon as the BuyBots breathed a sigh of relief, the SellBots stepped right in and […]
  • Market Update Wednesday 03/11/20

    The blood-letting continued today as the SkyNet SellBots set the stage in the overnight futures trading session and kept the pressure on all the way into the close. ,The DJIA plunged another 1,465 points (5.9%) and the NASDAQ shed another 411 points (4.9%). Stay tuned as the battle of the SkyNet StockBots continues.