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Continue reading >>U.S. markets were tentative throughout the first half of action as Wall Street awaited the release of the minutes from January’s FOMC meeting. The minutes were mostly in-line with expectations, with no concrete news on the balance sheet, and a patient approach to rate policy. The major indexes reached session peaks ahead of, and just after the Fed minutes, with Tech lagging to session lows...
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Continue reading >>U.S. markets were slightly sluggish to start the shortened week as trade talks with China continued in Washington on Tuesday, with higher level negotiations starting later in the week. The tight trading ranges expanded in the second half and the higher closes were bullish signals as the week after February options expiration is typically bearish. Volatility stayed slightly elevated after...
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