Bears Stay Aggressive

August 5, 2019 By: Todd Mitchell

U.S. markets showed continued weakness on Friday following the breakdown in trade talks with China and possible countermeasures if the U.S. was committed to putting more tariffs on Chinese goods. The overall pullback wrapped up the worst week of the year for the major indexes with mid-June support levels back in focus. Volatility also spiked to its highest level since early May but held a major...

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Market Suffers Worst Week of 2019

By: Todd Mitchell

U.S. markets showed continued weakness on Friday following the breakdown in trade talks with China and possible countermeasures if the U.S. was committed to putting more tariffs on Chinese goods. The overall pullback wrapped up the worst week of the year for the major indexes with mid-June support levels back in focus. Volatility also spiked to its highest level since early May but held a major...

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Futures point to Dow opening 320 points lower amid US-China trade turmoil

By: Todd Mitchell

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Top 5 Things to Know in the Market on Monday

By: Todd Mitchell

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More Tariff Talk Tanks Market

August 1, 2019 By: Todd Mitchell

U.S. markets tried to rebound on Thursday and were doing a great job of recovering much of the prior session’s losses following the disappointing policy stance from the Fed. The major indexes showed strength throughout the first half of action before breaking news President Trump would impose an additional 10% tariff on $300 billion of Chinese goods ruined the momentum.The push past major and...

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Oil drops sharply on Fed outlook, ample supply

By: Todd Mitchell

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