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...
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...
Continue reading >>Bears Stay Aggressive U.S. markets showed continued selling pressure on Thursday’s open before rebounding shortly afterwards and testing positive territory. However, sellers emerged in the second hour of trading and another selloff resumed.The major indexes are suffering through their worst week since March with at least 65% of the S&P 500 now in correction territory or worse. Volatility...
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