Bears Crack Near-Term Support Levels

May 7, 2019 By: Todd Mitchell

U.S. markets opened Monday’s session with substantial losses following a weekend tweet from President Trump that trade talks with China are moving too slowly and that he plans on raising tariffs to 25% this Friday. The unexpected news hit the major indexes with losses well north of 1% before a quick rebound recovered half the losses roughly an hour later.​The rest of the session was mostly...

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Dow makes stunning comeback, recovering nearly all of 471-point plunge on hope trade deal not dead

May 6, 2019 By: Todd Mitchell

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With Trump threatening to tighten the trade screws, here’s a look at what tariffs have done so far

By: Todd Mitchell

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Bulls Battle Back but VIX Holds 15

By: Todd Mitchell

U.S. markets opened Monday’s session with substantial losses following a weekend tweet from President Trump that trade talks with China are moving too slowly and that he plans on raising tariffs to 25% this Friday. The unexpected news hit the major indexes with losses well north of 1% before a quick rebound recovered half the losses roughly an hour later.​The rest of the session was mostly...

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Analyst Claims the Bitcoin Bear Market is Likely Over as Bullish News Abounds

May 5, 2019 By: Todd Mitchell

After a relatively long period of choppy trading within the lower-$5,000 region, Bitcoin (BTC) has finally incurred another influx of buying pressure that has allowed it to surge higher, with the key resistance level of $6,000 looming just over the horizon. Now, one prominent analyst who has called previous Bitcoin crashes believes that the cryptocurrency is currently in the midst of a...

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Tesla could go even higher than our $4,000 price target, says fund manager Cathie Wood

By: Todd Mitchell

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