Category Archives for Trade of the Day Newsletter

Bears Return for Weekly Win

U.S. markets showed strength to start Friday’s action as low level trade talks with China resumed in hopes of setting a bigger stage for negotiations in October. However, comments from President Trump saying he’s not looking for a partial deal, he’s looking for a complete deal, and that China buying agriculture products would not be […]

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Another Mixed Session for the Market

U.S. markets showed strength throughout Thursday’s action but traded in tight ranges as better-than-expected economic news kept a bid under the major indexes. Late day weakness dragged down the blue-chips and the small-caps with the overall market basically flat for the session.Volatility is giving a neutral reading as the market will now focus on ongoing […]

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Fed Cuts Rates, Market Mixed

U.S. markets showed slight weakness throughout the first half of Wednesday’s action as Wall Street awaited the Fed’s update on interest rates. The announcement of a quarter-point rate cut was widely anticipated but was no help for the bulls as fresh lows were tapped afterwards as the Fed gave no clear signal on further rate […]

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Bulls Show Strength Ahead of Fed Update

U.S. markets were choppy throughout Tuesday’s session after trading on both sides of the ledger as Wall Street awaits Wednesday’s update from the Fed and a possible rate cut. The pullback in oil removed some market uncertainty following reports Saudi output is close to restoring 70% of the 5.7 million barrels per day of production […]

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Small-Caps Show Strength Despite Spike in Oil

U.S. markets were choppy throughout Monday’s action following drone strikes on an oil facility in Saudi Arabia over the weekend. The attacks, which the U.S. has blamed on Iran, hit key Saudi facilities, disrupting 5% of the global daily oil production.Despite the heightened geopolitical risks and the spike in oil, the major indexes held near-term […]

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Small-Caps Led Bulls to 3rd-Straight Weekly Gain

U.S. markets

U.S. markets traded in a tight range on Friday while showing strength as chatter toward a trade deal with China continued to improve. President Trump fueled optimism after saying he is open to considering an interim deal, though it would not be preferred. Meanwhile, China added soybeans and pork to the list of tariff exemptions.Despite […]

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Bulls Fall Just Shy of All-Time Highs

U.S. markets

U.S. markets continued their assault on prior all-time highs on Thursday after President Trump announced a 2-week delay to the increased tariffs on $250 billion worth of Chinese imports expected on October 1st to the 15th.The good faith gesture renewed hoped of resolving a more than yearlong international trade dispute and comes ahead of next […]

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Bulls Stay Strong as Volatility Eases to Multi-Month Lows

U.S. markets showed strength throughout Wednesday’s session after China exempted some U.S. imports from tariffs with reports that talks are progressing ahead of plan for trade talks in early October.The small-caps led the way higher for the 3rd-straight session after clearing major resistance while the major indexes closes within 1%-2% of all-time highs. Volatility continued […]

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Small-Caps Clear 50-Day Moving Average

U.S. markets were sluggish throughout the 1st half of Tuesday’s action before showing some midday strength on news China may offer to buy more U.S. goods in trade talks. According to reports, China is expected to agree to purchase more U.S. agricultural goods in hopes of reaching a better trade agreement as the two sides […]

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Small-Caps Shining, Blue-Chips Maintain Momentum

U.S. markets opened with slight gains on Monday after Treasury Secretary Steven Mnuchin said he takes it as a sign of good faith by China that officials will restart trade talks in early October and that his objective is getting a good deal for American workers and companies.Mnuchin also reiterated President Trump is willing to […]

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