Category Archives for General

Bulls Take a Breather

U.S. markets showed opening strength on Tuesday before closing slightly lower following renewed tariff threats with China. President Trump continued his stance that immediate tariffs would be imposed on a further $300 billion of Chinese goods if President Xi does not attend this month’s G-20 meeting.The Nasdaq was lower by a half-point, or 0.01%, following […]

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Dow Holds 26,000 Level

U.S. markets showed continued momentum to start the week after Mexico reached a deal to avoid the implementation of tariffs that were set to start on Monday. Meanwhile, President Trump said he believes China will make a deal with the U.S. because they’re going to have to, adding the country is getting absolutely decimated by […]

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Bulls Post Best Week for 2019

major indexes

U.S. markets showed continued strength on Friday with the major indexes capping off their best week of the year despite an underwhelming jobs report. However, the lousy news helped support the case for the Fed to ease interest rates in the near future, on worries the U.S. economy is decelerating as trade tensions with Mexico […]

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Small-Caps Show Continued Weakness

U.S. markets were mostly higher on Thursday after making higher highs while trading in tighter ranges ahead of Friday’s Employment Report. Other economic news concerning jobs came in soft and led to the opening choppiness along with ongoing trade concerns with Mexico over the near-term.Mexican President Obrador believes a deal could be achieved with more […]

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Bulls Showing Continued Momentum

U.S. markets showed overall strength for the 3rd-straight session despite mixed economic news as trade rhetoric showed signs of improving. Reports that U.S. Treasury Secretary Steve Mnuchin will meet with his Chinese counterpart at the G20 gathering late this month helped market sentiment while offsetting a surprisingly weak jobs number.The S&P 500 rose 0.8% following […]

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Bulls Rebound With S&P 500 Clearing 200-Day MA

major indexes

U.S. markets showed strength on another turnaround Tuesday following hopeful signs from Mexico and China that a resolution might be on the horizon, although it is not clear it would be anytime soon. President Trump suggested that the June 10th tariffs on Mexico will be applied as threatened, though Mexico’s foreign minister thinks there is […]

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Small-Caps Show Strength, VIX Holds 20

major indexes

U.S. markets settled mixed on Monday following a fresh round of Fed speak on the economy and interest rates. The choppy action showed some strength in the morning but weakness in Tech throughout the session weight on sentiment along with ongoing tariff tiffs and chatter.The small-caps and blue-chips showed closed in positive territory but remain […]

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Bears Cap May with Fresh Lows

U.S. markets struggled throughout Friday’s session following fresh rhetoric from President Trump to impose a 5% tariff on all Mexican imports starting June 10th. Additionally, duties of up to 25% could be imposed in the coming months if Mexico doesn’t take action to reduce or eliminate the number of illegal aliens crossing into the country.The […]

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Bulls Rebound but Resistance Holds

U.S. markets showed strength throughout much of Thursday’s action following a goldilocks GDP report and a stable jobless claims number. Near-term resistance levels held ahead of the late day weakness that came in the final hour of trading.The major indexes held the majority of their gains with the small-caps being the weak link. Volatility relaxed […]

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Bears Push Fresh From May Lows

investors

U.S. markets were weak throughout Wednesday’s session following fresh threats on trade front war along with renewed political chatter on the possible impeachment of President Trump. Although much of the rhetoric can be and will be debated, one thing is certain, the market hates uncertainty.As far as the technical picture, fresh monthly lows were tapped […]

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