Small-Caps Rebound, Lead Momentum U.S. markets closed higher across the board for the first time this week with the small-caps leading momentum. The blue-chips continued their record setting run while the other major indexes remain in striking distance of fresh lifetime peaks.Economic news was mostly positive along with Fedspeak that dominated headlines throughout the day. Volatility closed at...
Continue reading >>Small-Caps Rebound, Lead MomentumU.S. markets closed higher across the board for the first time this week with the small-caps leading momentum. The blue-chips continued their record setting run while the other major indexes remain in striking distance of fresh lifetime peaks.Economic news was mostly positive along with Fedspeak that dominated headlines throughout the day. Volatility closed at its...
Continue reading >>Market Mixed on New Trade Agreement U.S. markets opened strong after American and Canadian representatives agreed to a new trade deal late Sunday night, known as the U.S.-Mexico-Canada Agreement or USMCA. The trade optimism overshadowed a bit of weak economic data that stalled momentum with the small-caps slacking for much of the session after an opening pop.Fed speak was heavy but mostly...
Continue reading >>Market Mixed on New Trade Agreement U.S. markets opened strong after American and Canadian representatives agreed to a new trade deal late Sunday night, known as the U.S.-Mexico-Canada Agreement or USMCA. The trade optimism overshadowed a bit of weak economic data that stalled momentum with the small-caps slacking for much of the session after an opening pop.Fed speak was heavy but mostly...
Continue reading >>Bears Get Weekly Win, Bulls Take the Quarter U.S. markets were mixed on Friday while closing mostly lower for the week following slightly disappointing economic news. Concerns over Italy also caused some tentativeness as the major indexes were choppy throughout the session.President Trump signed a spending bill that will avert a government shutdown and will keep the U.S. government open...
Continue reading >>Bulls Win Volatile Session MARKET SUMMARY U.S. markets opened in negative territory with near-term support holding after trade pessimism crept back into global markets. While China remains the main focus of trade concerns, deals with Canada and Europe remain in play and helped sparked a rebound shortly afterwards.The major indexes reached their session highs by midday while holding solid...
Continue reading >>