• 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.
  • Market Update Monday 03/09/20

    It was a day for the record books, as The Great Bear Market of 2020 accelerated in dramatic fashion. The feud between Saudi Arabia and Russia over oil production  added even more fuel to the coronavirus fire which sparked the sell-off  two weeks ago. The SkyNet SellBots set the stage in the overnight futures trading […]
  • Market Update Thursday 03/05/20

    The on-again off-again on-again off-again on-again off-again on-again off-again fears over Cornoavirus mania was definitely in on-again mode. The SkyNet SellBots regained control in overnight futures trading and kept right on going all the way into the close. The DJIA plunged 969 points (3.6%) and the NASDAQ surrendered 279 points (3.1%). US bonds continued to […]
  • Market Update Thursday 03/05/20

    The on-again off-again on-again off-again on-again off-again on-again off-again fears over Cornoavirus mania was definitely in on-again mode. The SkyNet SellBots regained control in overnight futures trading and kept right on going all the way into the close. The DJIA plunged 969 points (3.6%) and the NASDAQ surrendered 279 points (3.1%). US bonds continued to […]
  • Market Update Wednesday 03/04/20

    The on-again off-again on-again off-again on-again off-again on-again off-again fears over Cornoavirus mania was definitely in off-again mode. The SkyNet BuyBots regained control in overnight futures trading and kept right on going all the way into the close. The DJIA soared 1,173 points (4.5%) and the NASDAQ jumped 334 points (3.8%). US bonds continued to […]
  • Market Update Tuesday 03/03/20

    Following last week’s wild, woolly and hair-raising mini-crash and yesterday’s historic rebound, the SkyNet SellBots regained control as Fed Head Jerome Powell delivered a widely-expected but disappointing “surprise” 50 basis point interest rate cut. The SellBots erased some early morning gains and send US stocks sharply lower into the close. So much for the “Dead […]
  • Market Update Tuesday 03/03/20

    Following last week’s wild, woolly and hair-raising mini-crash and yesterday’s historic rebound, the SkyNet SellBots regained control as Fed Head Jerome Powell delivered a widely-expected but disappointing “surprise” 50 basis point interest rate cut. The SellBots erased some early morning gains and send US stocks sharply lower into the close. So much for the “Dead […]
  • Market Update Monday 03/02/20

    Following last week’s wild, woolly and hair-raising mini-crash on Wall Street, the SkyNet BuyBots said “Coronavirus be damned, enough is enough, full speed ahead” and mounted one of the largest rallies in US stock market history, The trillion dollar question is, was this merely a classic  “Dead Cat Bounce” or the beginning of the next […]
  • Market Update Friday 02/28/20

    The week ended with another wild, woolly and hair-raising day on Wall Street, as Cornoavirus mania spread around the world. The SkyNet SellBots took control of trading in overnight futures once again, sending US stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged until a last-hour rally […]
  • Market Update Thursday 02/27/20

    It was another wild, woolly and hair-raising day on Wall Street, as Cornoavirus mania spread around the world. The SkyNet SellBots took control of trading in overnight futures once again, sending US stocks sharply lower at the open of trading on Wall Street. Ar precisely 10:30 AM EST (“funny” how that happens), the SkyNet BuyBots […]
  • Market Update Wednesday 02/26/20

    The SkyNet BuyBots attempted a rally in overnight futures trading, sending US stocks higher at the open of trading on Wall Street. From there, stocks zigged and zagged into a mixed close. The DJIA ended down 124 points (0.5%) but the NASDAQ managed to hang on to a gain of 15 points (0.2%).  US bonds […]
  • 03/04/20 – Michael Lebowitz: A Black Swan In The Ointment

    In 2007, Nassim Taleb wrote a bestselling and highly impactful book titled The Black Swan: The Impact of the Highly Improbable. The book uses the analogy of a black swan to describe negative events that appear to be very rare and occur without warning. Since the book was published, the term black swan has been […]
  • Market Update Tuesday 02/25/20

    US stocks got bashed, trashed and smashed for the second straight day as China’s Coronavirus continued to spread into several new countries around the world. The SkyNet BuyBots attempted a meager rally in the overnight futures, but that was quickly overwhelmed by waves and waves of pressure from the SellBots. Stocks ended just a few […]
  • US stocks got bashed, trashed and smashed today as fears about the spreading of  China’s Coronavirus were definitely back in “on” mode. The SkyNet SellBots took control of trading in overnight futures, sending US stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged, closing near the lows […]
  • Market Update Friday 02/21/20

    The on-again off-again on-again off-again on-again off-again fears about the spreading of  China’s Coronavirus were definitely back in “on” mode today. The SkyNet SellBots took control of trading in overnight futures, sending US stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged into a lower close. The DJIA ended […]
  • Market Update Thursday 02/20/20

    The on-again off-again on-again off-again on-again off-again fears about the spreading of  China’s Coronavirus were back in “on” mode today. The SkyNet SellBots took control of trading at precisely 10:30 AM EST (“funny” how that happens), sending US stocks sharply lower until precisely 11:30 AM EST (“funny” how that happens), when the BuyBots sparked a rebound into […]
  • Market Update Wednesday 02/19/20

    The on-again off-again on-again off-again on-again off-again fears about the spreading of  China’s Coronavirus were back in “off” mode today, as the SkyNet BuyBots took control of trading in overnight futures, sending US stocks higher at the open of trading on Wall Street. From there, stocks wanderer into a higher close. The DJIA ended up 116 points […]
  • Market Update Monday 02/17/20

    US markets closed in observance of President’s Day. Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Friday 02/14/20

    The SkyNet StockBots slipped away early for the long holiday weekend as US stocks zigged and zagged their way to a modestly mixed close in relatively quiet trading. The DJIA slipped 25 points (0.1%) and the NASDAQ gained 19 points (0.2%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Thursday 02/13/20

    The on-again off-again on-again off-again on-again off-again fears about the spreading of  China’s Coronavirus were back in “on” mode today, as the SkyNet SellBots took control of trading in overnight futures, sending US stocks lower at the open of trading on Wall Street. From there, stocks zigged and zagged their way into the close. The DJIA dropped […]
  • Market Update Wednesday 02/12/20

    The buying panic resumed today as the Coronavirus is now seen as bullish, since the Federal Reserve and other central banks will flood the world with liquidity if the virus continues to spread. The SkyNet BuyBots took control of trading in overnight futures, sending US stocks higher at the open of trading on Wall Street. […]
  • Market Update Tuesday 02/11/20

    US stocks zigged and zagged all day long as the SkyNet StockBots battled it out to a near draw. The DJIA broke even and the NASDAQ added 10 points (0.1%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Monday 02/10/20

    The buying panic resumed today as the Coronavirus is now seen as bullish, since the Federal Reserve and other central banks will flood the world with liquidity if the virus continues to spread. The SkyNet BuyBots took control of trading in overnight futures, sending US stocks higher at the open of trading on Wall Street. […]
  • Market Update Friday 02/07/20

    The buying panic over the last few days finally subsided, as the SkyNet SellBots took control of trading in overnight futures, sending US stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged their way into the close. The DJIA plunged 277 points (0.9%) and the NASDAQ ended […]
  • Market Update Thursday 02/06/20

    The buying panic continued today as the SkyNet BuyBots took control of trading in overnight futures trading and launched a rally at the open of trading on Wall Street. From there, stocks zigged and zagged their way into the close. The DJIA ended higher by another 883 points (0.3%) and the NASDAQ added 63 points […]
  • Market Update Wednesday 02/05/20

    The buying panic continued today as the SkyNet BuyBots took control of trading in overnight futures trading and launched a massive rally at the open of trading on Wall Street. From there, stocks zigged and zagged their way into the close. The DJIA ended higher by another 483 points (1.6%) and the NASDAQ added 40 […]
  • Market Update Tuesday 02/04/20

    Coronavirus? What Coronavirus? Seems as if the SkyNet BuyBots are immune. They took control of trading in overnight futures trading and launched a massive rally at the open of trading on Wall Street. From there, stocks zigged and zagged their way into the close. The DJIA ended higher by 407 points (1.4%) and the NASDAQ […]
  • The SkyNet BuyBots took control of trading in overnight futures trading, sparking a respectable rebound from Friday’s Coronavirus-inspired major selloff. The open of trading on Wall Street marked the high of the day as stocks zigged and zagged their way into the close. The DJIA rebounded 144 points (0.5%) and the NASDAQ recovered much of […]
  • Market Update Friday 01/31/20

    US stocks ended the week on the month on a sharp down day, as the SkyNet SellBots ruled the day over expanding fears over the spreading of the Coronavirus. Dow falls 600 points, capping turbulent week for stocks as coronavirus fears escalate The DJIA plunged 603 points (2.1%) and the NASDAQ got smashed for 148 […]
  • Market Update Thursday 01/30/20

    US stocks zigged and zagged all over the place as the SkyNet StockBots tried to sort through the latest news on the Coronavirus. The DJIA ended higher by 125 points (0.4%) and the NASDAQ added 24 points (0.2%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Wednesday 01/29/20

    US stocks zigged and zagged in a relatively narrow range as the SkyNet StockBots shifted attention from the Coronavirus to the Federal Reserve, which held interest rate policy steady. The DJIA added 11 points (0.1%) and the NASDAQ edged higher by 5 points (0.1%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Tuesday 01/28/20

    As fears of the Chinese Coronavirus spreading around the world abated a bit, the SkyNet BuyBots dominated the day, sparking a large rebound in US stocks. The DJIA rallied 187 points (0.6%) and the NASDAQ surged 130 points (1.4%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Monday 01/27/20

    With all eyes still on the US Senate and the impeachment trial of Donald Trump as well as the developing story about the Chinese Coronavirus spreading to other locations, the SkyNet SellBots dominated the day again, sending US stocks sharply lower. The DJIA plunged 453 points (1.6%) and the NASDAQ tanked 175 points (1.9%). Stay […]
  • Market Update Friday 01/24/20

    With all eyes still on the US Senate and the impeachment trial of Donald Trump as well as the developing story about the Chinese Coronavirus spreading to other locations, the SkyNet SellBots dominated the day, sending US stocks sharply lower. The DJIA dropped 170 points (0.6%) and the NASDAQ tanked 88 points (0.9%). Stay tuned […]
  • Market Update Thursday 01/23/20

    With all eyes still on the US Senate and the impeachment trial of Donald Trump as well as the developing story about the Chinese Coronavirus spreading to other locations, US stocks zigged and zagged and closed narrowly mixed again. The DJIA slipped 26 points (0.1%) and the NASDAQ gained 18 points (0.2%). Stay tuned as […]
  • Market Update Wednesday 01/22/20

    With all eyes on the US Senate and the impeachment trial of Donald Trump, US stocks zigged and zagged and closed narrowly mixed. The DJIA slipped 9 points (0.1%) and the NASDAQ edged higher by 13 points (0.1%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Tuesday 01/21/20

    With all eyes on the US Senate and the impeachment trial of Donald Trump, the SkyNet SellBots controlled most of the action on Wall Street today. The DJIA dropped 152 points (0.5%) and the NASDAQ slipped 18 points (0.2%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Monday 01/20/20

    US financial markets closed in observance Martin Luther King Day.
  • Market Update Friday 01/17/20

    The buying frenzy resumed as the SkyNet BuyBots controlled most of the action on Wall Street today. The DJIA tacked on another 50 points (0.2%) and the NASDAQ surged 98 points (1.6%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Thursday 01/16/20

    The buying frenzy resumed as the SkyNet BuyBots controlled most of the action on Wall Street today. The DJIA jumped another 267 points (0.9%) and the NASDAQ added 32 points (0.3%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Wednesday 01/15/20

    The SkyNet StockBots mostly stayed on the sidelines as US stocks zigged and zagged into  a modestly higher close in relatively quiet trading. The DJIA gained 90 points (0.3%) and the NASDAQ added 7 points (0.1%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Tuesday 01/14/20

    The SkyNet StockBots mostly stayed on the sidelines as US stocks zigged and zagged into  a mixed close in relatively quiet trading. The DJIA gained 32 points (0.1%) and the NASDAQ slipped 22 points (1.2%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Monday 01/13/20

    The buying frenzy resumed as the SkyNet BuyBots controlled most of the action on Wall Street today. The DJIA gained 83 points (0.3%) and the NASDAQ surged 95 points (1.5%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Friday 01/10/20

    The buying frenzy finally subsided as the SkyNet SellBots controlled most of the action on Wall Street today. The DJIA dropped 133 points (0.3%) and the NASDAQ sank 25 points (0.3%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update Thursday 01/09/20

    The buying frenzy continued as the SkyNet BuyBots controlled most of the action on  Wall Street today. A brief appearance by the SellBots at mid-day could only make a temporary dent in the rally, as stocks rebounded and closed near the highs of the day. The DJIA jumped another 211 points (0.7%) and the NASDAQ […]
  • Market Update Wednesday 01/08/20

    With the overnight news of Iran’s missile attacks on US forces stationed in Iraq, the SkyNet SellBots went wild, sending US stock futures sharply lower and gold sharply higher. But with the US response muted and no immediate escalation of hostilities, the BuyBots stormed in and erased all of the overnight panic selling and then […]
  • Market Update -Tuesday 01/07/20

    The SkyNet StockBots took a breather after several days of intense trading, as US stocks zigged and zagged and then drifted lower into the close. The DJIA ended lower by 119 points (0.4%) and the NASDAQ slipped 2 points (0.0%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update -Friday 01/03/20

    Yesterday’s  party turned into a massive hangover headache today, as events in Syria put an end to the New Year’s celebration. 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 and ended close to where […]
  • Market Update -Thursday 01/02/20

    2020 started with some leftover fireworks as the SkyNet BuyBots gained the upper hand in the overnight futures session and kept right on going to the closing bell. The DJIA jumped  up 330 points (1.1%) and the NASDAQ soared 119 points (1.3%). Stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update -Wednesday 01/01/20

    Most world markets closed today for the New Year’s Holiday. To bears and bulls alike, we wish everyone a happy, healthy and prosperous new year. Happy New Year and stay tuned as the battle of the SkyNet StockBots continues.
  • Market Update – Tuesday 12/31/19 4:00 PM EST

    On the final trading day of the year, the SkyNet SellBots gained the upper hand in the overnight futures session. sending US stock lower at the open of trading o Wall Street. At precisely 12:30 PM EST (“funny” how that happens) the BuyBots kicked in and insured that the day closed solidly on the green. […]