Category Archives for Trade of the Day Newsletter

03-29-2018 Trade of the Day

Nasdaq Posts Quarterly Gain MARKET SUMMARYU.S. markets showed strength to close out a shortened week while finishing higher over the four sessions and ahead of Good Friday. It also marked the last trading day for the month and quarter which most fund managers were probably glad to see.April is historically a bullish month for the […]

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03-28-2018 Trade of the Day

Choppy Trading as End of Quarter Nears MARKET SUMMARYU.S. markets closed lower for a second-straight session following another choppy session. There was little news to account for the volatility which stayed elevated, though portfolio managers may be positioning themselves ahead of the quarterly close. There could be continued market gyrations on lighter volume Thursday as […]

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03-27-2018 Trade of the Day

Volatility Spikes as Bears Regain Momentum MARKET SUMMARYU.S. markets showed strength on the open but were choppy throughout the first half of action before steadily declining into the closing bell. Volatility spiked with the market moving at least 1% for the 23rd time this year versus 10 times for all of 2017.​The Nasdaq tumbled 2.9% after […]

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03-26-2018 Trade of the Day

Dow Posts Biggest Point Gain in a Decade MARKET SUMMARYU.S. markets rebounded sharply on Monday following comments over the weekend that trade talks with China were progressing well. Treasury Secretary Mnuchin and U.S. trade representative Lighthizer are leading the negotiations with Chinese President Jinping’s top economic aid Liu He to improve U.S. access to Chinese […]

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03-25-2018 Trade of the Day

Friday’s round of losses MARKET SUMMARYU.S. markets were choppy into the final couple of hours of trading before finishing with another round of steep losses on Friday. After tweeting that he was considering a veto to the proposed omnibus spending bill, which was passed by Congress, President Trump announced the signing of the bill, noting […]

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03-22-2018 Trade of the Day

Bears Growl, Take a Bite Out of 2018 Gains MARKET SUMMARYU.S. markets were slammed with heavy losses on Thursday following President Donald Trump’s plans to propose trade duties on China imports. Worry over a $50 billion tariff on China high-tech exports along with other penalties to protect intellectual capital caused volatility to spike near its […]

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03-21-2018 Trade of the Day

Fed Hikes Rates, Bulls Give Up Gains MARKET SUMMARYU.S. markets ended the session broadly lower, giving up earlier gains following the Federal Reserve’s move to raise the benchmark interest rate. The choppy session was less volatile than the past two but the lack of leadership and sector rotation remains a concern.TThe Nasdaq gave back 0.3% after […]

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03-20-2018 Trade of the Day

Market Stabilizes Ahead of Fed Announcement MARKET SUMMARYU.S. markets showed strength throughout Tuesday’s session to close higher as the start of the FOMC meeting begins. Federal Reserve Chairman Jerome Powell will preside over his first official Federal Open Market Committee meeting with a sixth rate hike by the FOMC since it started to normalize rates […]

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03-19-2018 Trade of the Day

Bears Get Weekly Win MARKET SUMMARYU.S. markets were nervous to start the week as Wall Street prepares for a Fed announcement with a possible government shutdown looming by Friday if another spending agreement isn’t reached. The news cycle will likely keep volatility heightened with economic reports throughout the week also swaying market action.The Nasdaq tumbled […]

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03-18-2018 Trade of the Day

Bears Get Weekly Win MARKET SUMMARYU.S. markets finished higher on Friday but closed the week with losses as Wall Street prepares for this week’s two-day Federal Open Market Committee meeting that starts on Tuesday. The Fed is widely expected to deliver the first rate increase of 2018 under Fed Chairman Jerome Powell’s first as chairman […]

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