Early Momentum Fades on Political Tussle U.S. markets showed strength on Tuesday’s open after China confirmed it was still in talks with the White House in an effort to broker a comprehensive trade agreement. China's Ministry of Commerce, China's Vice Premier Liu He, U.S. Treasury Secretary Mnuchin and trade representative Lighthizer spoke by phone on the timetable and road map of future trade...
Continue reading >>Small-Caps Test February Lows U.S. markets showed continued weakness on Thursday as hopes of a trade dispute resolution with China took an unexpected back step. The prospects of a heightened tariff war was back in focus following the arrest of a major CFO from a Chinese Tech company. While the White House knew of the arrest over the weekend, it caught the market by surprise with heavy...
Continue reading >>Small-Caps Test February Lows U.S. markets showed continued weakness on Thursday as hopes of a trade dispute resolution with China took an unexpected back step. The prospects of a heightened tariff war was back in focus following the arrest of a major CFO from a Chinese Tech company. While the White House knew of the arrest over the weekend, it caught the market by surprise with heavy...
Continue reading >>Small-Caps Test February LowsU.S. markets showed continued weakness on Thursday as hopes of a trade dispute resolution with China took an unexpected back step. The prospects of a heightened tariff war was back in focus following the arrest of a major CFO from a Chinese Tech company. While the White House knew of the arrest over the weekend, it caught the market by surprise with heavy selling...
Continue reading >>Bears Return, VIX Clears 20 U.S. markets opened lower with the losses accelerating into the second half of action as fears of an inverted yield curve spooked Wall Street. It also appears that the U.S.-Sino deal was an agreement to agree, following more trade rhetoric, with much of the heavy lifting on detail yet to be done in the first three months of the year. The Bush memorial ahead of...
Continue reading >>Blue-Chips Clear 50-Day Moving Average U.S. markets showed strong momentum on Monday’s open after the U.S. and China agreed to a truce in their trade war over the weekend, with President Donald Trump saying he would not raise tariffs at the start of the new year as he had previously threatened to do. The major indexes backed off their highs after Treasury Secretary Mnuchin confirmed...
Continue reading >>