Category Archives for General

Bears Growl for 3rd-Straight Session

U.S. markets

U.S. markets showed weakness throughout Thursday’s session despite a pick-up in trade optimism. Specifically, China has invited U.S. negotiators to Beijing for additional talks, and the U.S. may delay the December 15th tariffs.The upbeat reports soothed worries of a breakdown in talks and President Trump’s threat to increase levies. However, the major indexes settled lower […]

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Bears Push Near-Term Support Levels

U.S. markets slumped on Tuesday following news China is threatening retaliation following the Senate’s passage of a bill expressing support for Hong Kong’s autonomy. The House will vote on the measure, which  weighed on market sentiment, and could complicate trade talks with China.Mixed numbers from the Retail sector was also a drag as the 3Q […]

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Nasdaq, S&P 500 Tap Another Round of Record Highs

trade negotiations

U.S. markets showed continued strength on Tuesday following reports the Trump administration granted an extension for U.S. companies to do business with blacklisted Chinese telecom companies. News that Japan passed a limited trade deal with the U.S. helped offset China trade concerns.President Trump threatened higher tariffs on Chinese goods if the country does not make […]

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Bulls Brush Off Trade Jitters

Stock Market

U.S. markets were choppy throughout Monday’s session following news China has become less optimistic about the prospects of reaching a trade deal with the U.S. Additionally, there is chatter China is also thinking about holding out until the 2020 elections, after President Trump declined to roll back tariffs.The news tempered sentiment as futures were showing […]

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Dow Clears 28,000

U.S. markets surged to fresh all-time and closing highs on Friday following optimistic comments from White House economic adviser Larry Kudlow. He said trade talks with China are coming down to the short strokes and that the U.S. is in communication with China every single day right now. The latest trade headlines continue to push the […]

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Another Lackluster but Bullish Session

U.S. markets were sluggish for the 6th-straight session after trading on both sides of the ledger following another update from Fed Chairman Jay Powell and other Fed heads. Powell once again talked up the economy while saying Fed policy is in a good place.The rhetoric wasn’t enough to lift the major indexes to fresh all-time […]

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Blue-Chips Tap Fresh All-Time High

U.S. markets opened lower to start Wednesday’s session as Wall Street prepared for the public impeachment inquiry proceedings and comments from Fed Chairman Jerome Powell. There was nothing surprising in Powell’s prepared remarks although the market rebounded off its lows and into positive territory while he was speaking.Weakness ensued afterwards on reports the U.S./ China […]

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Nasdaq, S&P 500 Tap Another Round of Record Highs

U.S. markets continued their assault on all-time highs ahead of President Trump’s speech on trade policy at the Economic Club of New York. There was no fresh news on the U.S./ China trade front as Trump continued to repeat rhetoric an initial Phase 1 deal is close to being completed.The major indexes faded off the […]

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Dow Tags 3rd-Straight Record Close

U.S. markets were sluggish throughout Monday’s session as trade tensions between the U.S. and China remained in focus. Over the weekend, President Trump said the U.S. would only make a deal with China if it was right for America while saying the reporting about U.S. willingness to lift tariffs had been exaggerated.Additionally, the U.S. bond […]

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Bulls Tap Another Round of Closing Highs

U.S. markets were sluggish on Friday’s open following disappointing economic news and ongoing trade developments on rolling back American tariffs on Chinese imports. President Trump said the U.S. hasn’t agreed to a rollback of tariffs on China as negotiations between the two continues.Trump added that while China wants a partial reversal of tariffs, he has […]

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