Crucial Support Levels HoldingU.S. markets struggled throughout Monday’s action despite bond markets being closed for the Columbus Day holiday. Wall Street was looking for a rebound and got some nice pin action in the final hour of trading but the weakness was once again being blamed on the recent rise in bond yields.Global markets were slammed and also contributed to the tone along with the...
Continue reading >>Small-Caps Rebound, Lead Momentum U.S. markets closed higher across the board for the first time this week with the small-caps leading momentum. The blue-chips continued their record setting run while the other major indexes remain in striking distance of fresh lifetime peaks.Economic news was mostly positive along with Fedspeak that dominated headlines throughout the day. Volatility closed at...
Continue reading >>Small-Caps Rebound, Lead Momentum U.S. markets closed higher across the board for the first time this week with the small-caps leading momentum. The blue-chips continued their record setting run while the other major indexes remain in striking distance of fresh lifetime peaks.Economic news was mostly positive along with Fedspeak that dominated headlines throughout the day. Volatility closed at...
Continue reading >>Small-Caps Rebound, Lead MomentumU.S. markets closed higher across the board for the first time this week with the small-caps leading momentum. The blue-chips continued their record setting run while the other major indexes remain in striking distance of fresh lifetime peaks.Economic news was mostly positive along with Fedspeak that dominated headlines throughout the day. Volatility closed at its...
Continue reading >>Market Mixed on New Trade Agreement U.S. markets opened strong after American and Canadian representatives agreed to a new trade deal late Sunday night, known as the U.S.-Mexico-Canada Agreement or USMCA. The trade optimism overshadowed a bit of weak economic data that stalled momentum with the small-caps slacking for much of the session after an opening pop.Fed speak was heavy but mostly...
Continue reading >>Market Mixed on New Trade Agreement U.S. markets opened strong after American and Canadian representatives agreed to a new trade deal late Sunday night, known as the U.S.-Mexico-Canada Agreement or USMCA. The trade optimism overshadowed a bit of weak economic data that stalled momentum with the small-caps slacking for much of the session after an opening pop.Fed speak was heavy but mostly...
Continue reading >>