U.S. markets showed strength throughout Thursday’s session while recovering losses over the last couple of sessions to keep fresh resistance and 2019 highs in play. Better-than-expected economic news helped overall sentiment but the weakness in the Financials remain a slight concern following the Fed news they weren’t going to raise rates this year.The Nasdaq jumped 1.4% after tapping a...
Continue reading >>
The bond market is edging closer to signaling a recession, but don’t panic yet. Stocks could have a lot more room to run even if the feared “yield curve” inverts, history shows. The yield on the 3-month Treasury bill and the 10-year note went into negative territory on Friday, the first time since 2007. The more widely watched part of the curve — the gap between yields on the 2-year...
Continue reading >>
...
Continue reading >>
U.S. markets showed strength throughout Thursday’s session while recovering losses over the last couple of sessions to keep fresh resistance and 2019 highs in play. Better-than-expected economic news helped overall sentiment but the weakness in the Financials remain a slight concern following the Fed news they weren’t going to raise rates this year.The Nasdaq jumped 1.4% after tapping a...
Continue reading >>
...
Continue reading >>
...
Continue reading >>