Bears Snag 3rd-Straight Weekly Win

Recession

U.S. markets settled higher to end the week and for the first time in 3 Friday sessions but closed lower for the 3rd-straight week as the continued gains weren’t enough to offset the midweek selloff. Momentum held throughout the session after President Trump said a call is planned with China’s President Xi, soon.The steepening in […]

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Small-Caps Tap Fresh Low

U.S. markets traded in a tighter range on Thursday and showed some strength following better-than-expected economic news ahead of and after the open. News that Presidents Xi and Trump are communicating by phones and letters provided some relief ongoing trade talks are continuing with China’s Foreign Ministry confirming hopes to resolve trade disputes via negotiations. The […]

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Monthly Lows in Focus on Yield Inversion Risk

U.S. markets reversed course on Wednesday after giving back the prior session gains as another sharp drop in yields sent investors back to the sidelines. Specifically, the 2-year and 10-year spread inverted for the first time since 2007 with inversions traditionally seen as indicators of impending recessions.Although it can be debated if the U.S. is […]

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Market Rebounds on Delayed Tariffs

U.S. markets were slightly weak to start Tuesday’s session but reversed course quickly after news broke that China said it will hold trade talks by phone with the U.S. in two weeks. Also, the United States Trade Representative office said tariffs on some goods will be delayed until December 15th from the original September 1st […]

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More Monday Blues

U.S. markets showed weakness for the 3rd-straight Monday as chatter over the trade war with China was back in the spotlight. President Trump again lowered hopes for a truce in the trade war with China, saying that he would be fine if trade talks scheduled for September do not happen.The Dow was down 1.5% after […]

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Bears Take Volatile Week

investors

U.S. markets were weak on Friday’s open following more uncertainty over trade developments with China. President Trump said the U.S. is not ready to strike a trade deal with China and that the U.S. government will no longer have any dealings with a major Chinese telecom company. The ongoing dispute led to another volatile session with […]

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Bulls Regain Momentum for the Week

U.S. markets showed continued follow thru following the turnaround off the previous session lows with the major indexes posting strong gains and recovering near-term resistance levels. The rebound in global bond yields helped sentiment as concerns over slowing economic growth slightly eased.The gains helped recover roughly half of Monday’s steep losses with the Nasdaq and […]

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Bulls Recover From Opening Blow

U.S. markets resumed their recent downtrend on Wednesday’s open following turmoil in the bond market and the 10-year treasury yield. The benchmark rate briefly dipped below 1.6% intraday to hit a 2016 low while pushing the major indexes towards near-term support levels.The rebound afterwards was impressive as higher highs than the previous session were made […]

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Bullish Rebound Unimpressive

U.S. markets

U.S. markets rebounded on Tuesday to close higher following the worst trading day of the year to start the week. The gains helped the major indexes snap multi-session losing streaks with near-term resistance levels holding into the closing bell.Aside from the Nasdaq, the major indexes posted an inside session, meaning higher highs and lower lows […]

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Bears Stay Aggressive

U.S. markets continued their descent to lower lows on further escalation of the U.S. / China tariff war. Specifically, China asked state purchasers to cut imports of U.S. agricultural imports by half while the yuan surged to over a decade low versus the dollar.The technical damage was severe as the 50/200-day major movings were breached […]

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