Category Archives for Trade of the Day Newsletter

04-08-2018 Trade of the Day

Bears Get Weekly Win of Friday Pullback MARKET SUMMARYU.S. markets suffered steep losses on Friday to erase weekly gains following another round of tough tariff talk ahead of the open. President Trump is considering whether to add tariffs on another $100 billion worth of Chinese goods as punishment for China’s reciprocal tariffs on $50 billion […]

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04-05-2018 Trade of the Day

VIX Settles Below 20 MARKET SUMMARYU.S. markets were strong throughout the session as a possible relief rally continued with trade war rhetoric appearing to have cooled entering into a period of reflection and negotiation before implementation. President Trump’s economic advisor, Larry Kudlow, added to his soothing remarks from Wednesday, noting he expects a trade deal with […]

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04-04-2018 Trade of the Day

Bulls Hold February Lows on Massive Rebound MARKET SUMMARYU.S. markets suffered steep losses on the open but rebounded off the lows following another round of tough tariff talk. China‘s response on U.S. products worth about $50 billion renewed trade war concerns in retaliation for the U.S. tariffs on $50 billion worth of Chinese goods. Volatility […]

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04-03-2018 Trade of the Day

S&P 500 Reclaims 200-Day MA MARKET SUMMARYU.S. markets opened higher before giving up gains shortly afterwards as they were unable to establish any early momentum. However, buyers re-emerged late in the afternoon and pushed the market to its best levels just ahead of the closing bell. Volatility relaxed but remains slightly elevated ahead of Friday’s […]

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04-02-2018 Trade of the Day

S&P 500 Closes Below 200-Day MA MARKET SUMMARYU.S. markets suffered steep losses to start the week amid renewed trade worries after China ratcheted up tariffs on a variety of U.S. goods over the weekend. Volatility spiked on the possibility of an escalating trade war between the U.S. and China, which is not good for equities, […]

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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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