VIX Holds 20 Ahead of G20 Summit U.S. markets traded in a tight range on Friday before showing late day strength while closing out the best week of the year with strong gains. Much of the early choppiness came on chatter from the G-20 summit on how things might be progressing in trade talks between the U.S. and China. The major indexes cleared the previous session highs and the action is...
Continue reading >>Bulls Keep Slight Momentum U.S. markets opened at sessions lows before battling back to finish mostly higher on Tuesday. Some of the nervousness comes ahead of the FOMC minutes and comments that were made from a couple of Fed officials. The indexes showed strength after Director of the National Economic Council, Larry Kudlow, said that President Trump sees a good possibility a deal can...
Continue reading >>Bulls Keep Slight Momentum U.S. markets opened at sessions lows before battling back to finish mostly higher on Tuesday. Some of the nervousness comes ahead of the FOMC minutes and comments that were made from a couple of Fed officials. The indexes showed strength after Director of the National Economic Council, Larry Kudlow, said that President Trump sees a good possibility a deal can...
Continue reading >>Bulls Keep Slight Momentum U.S. markets opened at sessions lows before battling back to finish mostly higher on Tuesday. Some of the nervousness comes ahead of the FOMC minutes and comments that were made from a couple of Fed officials. The indexes showed strength after Director of the National Economic Council, Larry Kudlow, said that President Trump sees a good possibility a deal can...
Continue reading >>Bulls Rebound/VIX Closes Below 20 U.S. markets bounced back after the holiday weekend, propelled higher by Italy relaxing its stance on the budget impasse with the EU, and hopes for a trade deal between the U.S. and China later this week at the G20 meeting. Oil prices rebounded to close near $52 a barrel following Friday’s plunge towards $50. Meanwhile, volatility closed...
Continue reading >>Bulls Make an Appearance but VIX Remains Above 20 U.S. markets rebounded on Thursday while closing higher for the first time this week and snapping multi-session losing streaks. News that the U.S. and China have intensified efforts to strike a truce at the G20 helped fuel momentum. The major indexes did set lower lows for the week and was a slight concern as trading was choppy before...
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