Bulls Show Strength but Resistance HoldsMARKET SUMMARYU.S. markets opened with solid gains to start the week despite the lack of any clear catalyst while finishing mostly higher. Trade tensions continue to be Wall Street’s main focus and have been providing a headwind for momentum.Some of the strength came after the U.S failed to impose new tariffs on China over the weekend. However, President...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
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