All posts by Amy Noon

Fed Minutes Show No Surprises

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 […]

Continue reading

Bulls Push Resistance After Snapping 2-Session Slide

U.S. markets rebounded on Tuesday following two-days of losses to keep a 5-day mini trading range intact. The major indexes cleared near-term resistance levels and remain on track to clear and hold their 50-day moving averages on continued strength. Earnings from the Financial sector provided some strength despite the mixed results. Meanwhile, volatility eased but […]

Continue reading

VIX Pushes February Resistance as Small-Caps Tap 2-Year Lows

U.S. markets showed continued weakness and downside momentum on Thursday with the major indexes setting another round of fresh 52-week lows. Much of the negative sentiment came from a looming government shutdown and the continued fallout from the Fed’s latest interest rate hike. ​The market reached session lows late in the afternoon following news the […]

Continue reading

09-23-2018 Trade of the Day

Mixed Week on Tech Weakness MARKET SUMMARYThe market opened in positive territory on Friday as the Dow and S&P 500 both established fresh all-time highs. However, Tech and the small-caps weakened shortly afterwards while spending the rest of the session underwater.Some of the nervousness was compounded by index re-balancing as the S&P moved some internet […]

Continue reading

06-25-2018 Trade of the Day

VIX Surges 26% to April Peaks MARKET SUMMARYU.S. markets were slammed on Monday as renewed trade concerns caused a fresh wave of panic selling. The White House said it is crafting legislation to limit Chinese investment in U.S. technology companies more broadly, along with blocking tech exports.The rhetoric has heightened the trade debate as volatility […]

Continue reading

06-04-2018 Trade of the Day

Tech Triggers Fresh All-Time Highs MARKET SUMMARYU.S. markets opened sharply higher with momentum carrying over into the new trading week. There was some divergence shortly afterwards, as the major indexes traded in a very narrow range, with the small-caps dipping into negative territory. Global trade tensions were again in focus with volatility easing in the […]

Continue reading

06-03-2018 Trade of the Day

Bulls Hold Momentum Despite Choppiness MARKET SUMMARYU.S. markets opened sharply higher on Friday following a superb monthly jobs report and easing geopolitical concerns. The momentum lasted throughout the first half of action with the major indexes trading in a narrower range afterwards and into the closing bell. Volatility calmed and closed below a major level […]

Continue reading

05-28-2018 Trade of the Day

Bulls Keep May Momentum MARKET SUMMARYU.S. markets were weak for much of Friday’s session but showed some strength intraday before settling mixed. The Energy sector was the major news story following a report about higher output being planned from OPEC and Russia.There was little impact from earnings or economic news as the major indexes traded […]

Continue reading

03-26-2018 Trade of the Day

Dow Posts Biggest Point Gain in a Decade MARKET SUMMARYU.S. markets rebounded sharply on Monday following comments over the weekend that trade talks with China were progressing well. Treasury Secretary Mnuchin and U.S. trade representative Lighthizer are leading the negotiations with Chinese President Jinping’s top economic aid Liu He to improve U.S. access to Chinese […]

Continue reading

03-15-2018 Trade of the Day

S&P 500 Slips Below 50-Day MA MARKET SUMMARYU.S. markets settled mixed as the choppy trading throughout the week continues to back-and-fill last week’s gains. News that special counsel Robert Mueller subpoenaed the Trump Organization to turn over documents, including some related to Russia, caused some of the nervousness.The Dow gained 0.5% after trading to a […]

Continue reading
1 2 3