Near-Term Resistance Levels Hold U.S. markets opened higher but quickly gave back gains within the first hour of action. Tech and the small-caps held up well, but the broader market gained downside momentum while bottoming at midday lows.The mixed finish comes ahead of a busy week for earnings as nearly a third of the S&P 500 and Dow components are set to report. Volatility stayed slightly...
Continue reading >>Bulls Make Statement U.S. markets had their best trading since March following strong economic news on continued strength in the labor market. Solid numbers to start 3Q earnings season also helped sentiment with the major indexes showing strength throughout the session.Fresh resistance and prior support levels are back in play following the strong gains. Meanwhile, volatility closed below...
Continue reading >>Bulls Make Statement U.S. markets had their best trading since March following strong economic news on continued strength in the labor market. Solid numbers to start 3Q earnings season also helped sentiment with the major indexes showing strength throughout the session.Fresh resistance and prior support levels are back in play following the strong gains. Meanwhile, volatility closed below...
Continue reading >>Bulls Make Statement U.S. markets had their best trading since March following strong economic news on continued strength in the labor market. Solid numbers to start 3Q earnings season also helped sentiment with the major indexes showing strength throughout the session.Fresh resistance and prior support levels are back in play following the strong gains. Meanwhile, volatility closed below...
Continue reading >>Bulls Make Statement U.S. markets had their best trading since March following strong economic news on continued strength in the labor market. Solid numbers to start 3Q earnings season also helped sentiment with the major indexes showing strength throughout the session.Fresh resistance and prior support levels are back in play following the strong gains. Meanwhile, volatility closed below...
Continue reading >>Bulls Rebound/ Bears Get Weekly Win U.S. markets rebounded on Friday’s open but had a roller coaster ride to cap a volatile week. The major indexes opened sharply higher following two days of massive selling pressure but lost momentum by midday with the blue-chips and the small-caps fading back into negative territory.Both the Dow and the Russell 2000 regrouped to close higher, with the...
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