Bulls Get 2nd-Straight Win Despite Opening Selloff

June 15, 2020 By: adminbackup

The market showed overall strength for the 3rd-straight session following Wednesday’s breakout to fresh resistance levels on better-than-expected jobs reports. Specifically, ADP Employment Report revealed private payrolls declined -2,760,000 in May after dropping -19,557,000 in April. Expectations were for a loss of -9 million.The Russell 2000 reached an afternoon peak of 1,463 before settling...

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Bears Stay Aggressive

June 14, 2020 By: adminbackup

The market showed overall strength for the 3rd-straight session following Wednesday’s breakout to fresh resistance levels on better-than-expected jobs reports. Specifically, ADP Employment Report revealed private payrolls declined -2,760,000 in May after dropping -19,557,000 in April. Expectations were for a loss of -9 million.The Russell 2000 reached an afternoon peak of 1,463 before settling...

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Bankrupt Hertz granted approval to sell up to $1 billion in shares

June 13, 2020 By: adminbackup

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Dow futures rise more than 100 points as Wall Street tries to recover from its worst day since March

June 11, 2020 By: adminbackup

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Bears Get Aggressive

By: adminbackup

The market showed overall strength for the 3rd-straight session following Wednesday’s breakout to fresh resistance levels on better-than-expected jobs reports. Specifically, ADP Employment Report revealed private payrolls declined -2,760,000 in May after dropping -19,557,000 in April. Expectations were for a loss of -9 million.The Russell 2000 reached an afternoon peak of 1,463 before settling...

Continue reading >>

Fed Update Weighs on Market

June 10, 2020 By: adminbackup

The market showed overall strength for the 3rd-straight session following Wednesday’s breakout to fresh resistance levels on better-than-expected jobs reports. Specifically, ADP Employment Report revealed private payrolls declined -2,760,000 in May after dropping -19,557,000 in April. Expectations were for a loss of -9 million.The Russell 2000 reached an afternoon peak of 1,463 before settling...

Continue reading >>
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