Bulls Battle Back but VIX Holds 15

U.S. markets opened Monday’s session with substantial losses following a weekend tweet from President Trump that trade talks with China are moving too slowly and that he plans on raising tariffs to 25% this Friday. The unexpected news hit the major indexes with losses well north of 1% before a quick rebound recovered half the […]

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Small-Caps Breakout Above the 1,600 Level

U.S. markets showed strength throughout Friday while closing near session highs following a surprisingly strong jobs report. The small-caps and Tech led the way higher while the Transports also had an especially strong day which was another positive sign for the market.The gains help offset two days of selling pressure with the major averages closing […]

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Bears Stay Aggressive

U.S. markets showed overall weakness for the 2nd-straight session with the small-caps bucking the trend to close higher. Corporate earnings and economic news dominated the headlines once again with Friday’s jobs report now in focus.The Russell 2000 rose 0.4% following the morning pop to 1,587. Major resistance at 1,600 held for the 4th-straight session along […]

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Fed Stands Pat, Market Pulls Back

U.S. markets showed some strength on Wednesday’s open following a solid round of corporate earnings and decent economic news. The majority of the gains held into the Fed announcement with the small-caps slacking and dipping slightly in the red.Sentiment weakened after the Fed announced it was holding steady on interest rates with the other major […]

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S&P Closes at Another Record Peak

U.S. markets showed weakness throughout Tuesday’s session as the start of the Fed’s two-day policy meeting got underway and Wall Street looks towards the central bank’s plan for its balance sheet moving forward. Near-term and fresh support levels held intraday after House chief of staff Mick Mulvaney says the U.S. should know in the next […]

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Bulls Regaining Momentum

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​​U.S. markets showed continued strength on Monday to push 2019 and fresh all-time highs with the gains coming ahead of Wednesday’s Fed update on interest rates. New developments on the U.S. and China trade front also helped sentiment after Treasury Secretary Steven Mnuchin said that negotiations were in the final stages.A busy week of earnings […]

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Market on the Verge of a Breakout or Breakdown

​U.S. markets were weak to start Friday’s session despite a blowout GDP number as mixed corporate earnings weighed on the major indexes. The rebound off the lows in the second half of action held into the closing bell to give the bulls the overall weekly win.The blue-chips lagged for the week, and the small-caps remain […]

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Bulls Looking Tired on Mixed Close

U.S. markets settled mixed on Thursday as corporate earnings dictated the action for the major indexes. Tech helped the Nasdaq to another fresh all-time high while the Dow was hurt by some disappointing numbers from the Transports and Industrials sectors.Meanwhile, the small-caps struggled after trading in negative territory throughout the session. Volatility spiked to its […]

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Tech Taps Fresh All-Time High

U.S. markets were choppy on Wednesday after languishing in tight trading ranges while keeping fresh all-time highs in play. Corporate numbers were mixed but continue to dispel worries of an earnings recession Wall Street feared coming into the year.The 1Q earnings parade reaches its peak this week but will continue into early June and will […]

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S&P 500, Nasdaq Tap All-Time Closing Highs

​​U.S. markets showed strength throughout Tuesday’s session as better-than-expected earnings and mostly positive economic news helped fuel the rally. The gains propelled the S&P 500 and Nasdaq to fresh record closes as both indexes came within 5 points of setting all-time highs.The Russell 2000 showed the most strength after zooming 1.6% and testing a session […]

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