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Weekly Bot Brief Newsletter on Robotics 2/19/2021

POSTED 02/22/2021

"There is no force on earth more powerful than an idea whose time has come."  -Victor Hugo

Bots in The News:Bot Index vs. S & P 500, 2-19-2021

There was little progress by either the bots or the larger caps in last week’s trading. The Bot Index fell 1.60% while the S & P 500 declined only seventy-two basis points. The only notable news that was associated with the best and worst performers involved Faro’s increase by 17% due to good sales in the fourth quarter and Tesla on the other end of the spectrum who fell 4.26%. Tesla’s decline was attributed to management’s pulling of its Y-SR+ model and a report from J D Power that its dependability is among the worst in the U.S.

Member: American Economic Association, Society of Professional Journalists, United States Press Association. Institute of Chartered Financial Analysts, Robotic Industries Association, Member IEEE.

The Bot Brief is a weekly newsletter designed for economists, investment specialists, journalists, and academicians. It receives no remuneration from any companies that may from time to time be featured in the brief and its commentaries, analysis, opinions, and research represent the subjective views of Balcones Investment Research, LLC. Due to the complex and rapidly changing nature of the subject matter, the company makes no assurances as to the absolute accuracy of material presented.