Dow Extends Winning Streak to 6-Straight Weeks

February 4, 2019 By: adminbackup

U.S. markets closed mostly higher on Friday following a strong jobs report and positive comments on trade by House National Economic Council director Larry Kudlow. He said President Trump is optimistic about the prospect of a trade agreement with China following the good vibe of trade talks. The Dow rose 0.3% after testing a high of 25,193. Fresh and lower resistance at 25,250-25,500 held on the...

Continue reading >>

5 Top Stocks to Own This February

February 1, 2019 By: adminbackup

...

Continue reading >>

Dow rises more than 150 points on the back of a booming jobs report

By: adminbackup

...

Continue reading >>

VIX Pushes 200-Day Moving Average

January 31, 2019 By: adminbackup

U.S. markets showed strength throughout Wednesday’s session following good corporate earnings and the Fed’s unanimous decision to stand pat on interest rates.The major indexes cleared major resistance levels while breaking out of a two-week trading range and getting the 200-day moving averages back in play.​ Meanwhile, volatility tested near-term support levels but remains trapped...

Continue reading >>

Blue-Chips Recover 25,000 Level

January 30, 2019 By: adminbackup

U.S. markets showed strength throughout Wednesday’s session following good corporate earnings and the Fed’s unanimous decision to stand pat on interest rates.The major indexes cleared major resistance levels while breaking out of a two-week trading range and getting the 200-day moving averages back in play.​ Meanwhile, volatility tested near-term support levels but remains trapped...

Continue reading >>

Fed holds rates stable, pledges ‘patient’ approach, expects ‘ample’ balance sheet

By: adminbackup

...

Continue reading >>