Dow set for best day in 3 months as stocks try for rebound from trade-sparked rout

May 14, 2019 By: adminbackup

U.S. stocks closed higher Tuesday as the market regained some of its bullish form, a day after a sharp escalation in U.S.-China trade tensions triggered the worst session for major indexes since early January. How did the benchmark indexes fare? The Dow Jones Industrial Average DJIA, +0.82%  added 207.06 points, or 0.8%, to 25,532.05. The S&P 500 index SPX, +0.80%  rose 22.54 points,...

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Bulls Rebound off Slightly Oversold Levels

By: adminbackup

U.S. markets were choppy during the first half of Wednesday’s action before showing strength after a tweet from President Trump that confirmed China's Vice Premier is on the way to the U.S. to make a deal. Of course, the devil will be in the details if a deal is announced on Friday, or if there will be a delay in negotiations with another round of fresh tariffs.The slight momentum faded into...

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Uh Oh…VIX Closes Above 20

May 13, 2019 By: adminbackup

U.S. markets were choppy during the first half of Wednesday’s action before showing strength after a tweet from President Trump that confirmed China's Vice Premier is on the way to the U.S. to make a deal. Of course, the devil will be in the details if a deal is announced on Friday, or if there will be a delay in negotiations with another round of fresh tariffs.The slight momentum faded into...

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Dow drops more than 650 points as China trade war escalates

By: adminbackup

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China’s ‘self-destructive nuclear option’ in trade war: Selling US Treasury bonds

By: adminbackup

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Bulls End 4-Session Slide

May 12, 2019 By: adminbackup

U.S. markets were choppy during the first half of Wednesday’s action before showing strength after a tweet from President Trump that confirmed China's Vice Premier is on the way to the U.S. to make a deal. Of course, the devil will be in the details if a deal is announced on Friday, or if there will be a delay in negotiations with another round of fresh tariffs.The slight momentum faded into...

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