12-12-2018 Todd’s PM Market Update

VIX Trending Lower but Still Elevated ​U.S. markets showed momentum throughout much of Wednesday’s action as the major indexes held their gains after President Trump said trade talks with China by phone were moving along very well. While this remains a major headwind, the market responded well as it could be anticipating a deal sooner […]

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12-12-2018 Todd’s Market Update

Early Momentum Fades on Political Tussle U.S. markets showed strength on Tuesday’s open after China confirmed it was still in talks with the White House in an effort to broker a comprehensive trade agreement. China’s Ministry of Commerce, China’s Vice Premier Liu He, U.S. Treasury Secretary Mnuchin and trade representative Lighthizer spoke by phone on […]

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12-10-2018 Todd’s Market Update

VIX Tests 25 Again for Possible Near-Term    Double Top​ U.S. markets showed continued weakness on Monday’s open with June and February support levels coming into play. Some of the nervousness came after U.S. Trade Representative Robert Lighthizer called the 90-day truce with China a hard deadline over the weekend. While a hard or soft […]

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12-09-2018 Todd’s Market Update

Dow Gives Up YTD Gains​ U.S. markets showed strength on Friday’s open following a tame employment report but quickly gave back their gains while ending the session with heavy losses. The reversal came following a report that the Fed is considering a wait and see approach after the rate hike at the December meeting. Continued […]

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12-06-2018 Todd’s Market Update

Small-Caps Test February Lows​ U.S. markets showed continued weakness on Thursday as hopes of a trade dispute resolution with China took an unexpected back step. The prospects of a heightened tariff war was back in focus following the arrest of a major CFO from a Chinese Tech company. While the White House knew of the […]

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12-04-2018 Todd’s Market Update

Bears Return, VIX Clears 20​ U.S. markets opened lower with the losses accelerating into the second half of action as fears of an inverted yield curve spooked Wall Street. It also appears that the U.S.-Sino deal was an agreement to agree, following more trade rhetoric, with much of the heavy lifting on detail yet to […]

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12-03-2018 Todd’s Market Update

Blue-Chips Clear 50-Day Moving Average​ U.S. markets showed strong momentum on Monday’s open after the U.S. and China agreed to a truce in their trade war over the weekend, with President Donald Trump saying he would not raise tariffs at the start of the new year as he had previously threatened to do. The major […]

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12-02-2018 Todd’s Market Update

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 […]

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11-29-2018 Todd’s Market Update

Momentum Stalls on Trade Rhetoric U.S. markets opened in the red and reached their sessions lows shortly afterwards following more trade rhetoric ahead of the G20 summit this weekend. President Trump said there’s a long way to go on tariffs with China and that he is happy with where things are currently. The rebound to […]

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11-28-2018 Todd’s Market Update

Dow Regains 200-Day Moving Average U.S. markets opened higher and rallied throughout the session following soothing comments from Fed Head Jerome Powell. This comes after sharp criticism from President Trump who said in an interview he wasn’t too happy with Powell’s assault on interest rates. It is hard to argue that the Fed hasn’t been […]

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