Bears Stay Aggressive During October CorrectionU.S. markets wrapped up a volatile week with fresh monthly lows as corporate earnings and continued trade rhetoric weighed on sentiment. Larry Kudlow, head of President Trump's National Economic Council, accused China of refusing to engage on trade issues.Chinese officials are said to be bracing for a prolonged fight and are focusing on adapting to a...
Continue reading >>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 >>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 >>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 >>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 >>