Small-Caps Test February Lows U.S. markets showed continued weakness on Thursday as hopes of a trade dispute resolution with China took an unexpected back step. The prospects of a heightened tariff war was back in focus following the arrest of a major CFO from a Chinese Tech company. While the White House knew of the arrest over the weekend, it caught the market by surprise with heavy...
Continue reading >>Small-Caps Test February LowsU.S. markets showed continued weakness on Thursday as hopes of a trade dispute resolution with China took an unexpected back step. The prospects of a heightened tariff war was back in focus following the arrest of a major CFO from a Chinese Tech company. While the White House knew of the arrest over the weekend, it caught the market by surprise with heavy selling...
Continue reading >>Bears Return, VIX Clears 20 U.S. markets opened lower with the losses accelerating into the second half of action as fears of an inverted yield curve spooked Wall Street. It also appears that the U.S.-Sino deal was an agreement to agree, following more trade rhetoric, with much of the heavy lifting on detail yet to be done in the first three months of the year. The Bush memorial ahead of...
Continue reading >>Blue-Chips Clear 50-Day Moving Average U.S. markets showed strong momentum on Monday’s open after the U.S. and China agreed to a truce in their trade war over the weekend, with President Donald Trump saying he would not raise tariffs at the start of the new year as he had previously threatened to do. The major indexes backed off their highs after Treasury Secretary Mnuchin confirmed...
Continue reading >>VIX Holds 20 Ahead of G20 Summit U.S. markets traded in a tight range on Friday before showing late day strength while closing out the best week of the year with strong gains. Much of the early choppiness came on chatter from the G-20 summit on how things might be progressing in trade talks between the U.S. and China. The major indexes cleared the previous session highs and the action is...
Continue reading >>Bulls Keep Slight Momentum U.S. markets opened at sessions lows before battling back to finish mostly higher on Tuesday. Some of the nervousness comes ahead of the FOMC minutes and comments that were made from a couple of Fed officials. The indexes showed strength after Director of the National Economic Council, Larry Kudlow, said that President Trump sees a good possibility a deal can...
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