Bulls Win Volatile Session MARKET SUMMARY U.S. markets opened in negative territory with near-term support holding after trade pessimism crept back into global markets. While China remains the main focus of trade concerns, deals with Canada and Europe remain in play and helped sparked a rebound shortly afterwards.The major indexes reached their session highs by midday while holding solid...
Continue reading >>Bulls Show Strength but Resistance HoldsMARKET SUMMARYU.S. markets opened with solid gains to start the week despite the lack of any clear catalyst while finishing mostly higher. Trade tensions continue to be Wall Street’s main focus and have been providing a headwind for momentum.Some of the strength came after the U.S failed to impose new tariffs on China over the weekend. However, President...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
Continue reading >>VIX Flirts With 15 MARKET SUMMARY U.S. markets showed strength on Monday’s open but reversed course shortly afterwards following the ongoing economic crisis in Turkey, which has seen its currency slip against other world markets. Despite the weakness in the Turkish lira, the U.S. banking exposure remains small although Financials were weak for a 3rd-straight session.There was little else...
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