Small-Caps Slack in Shortened Week

U.S. markets showed strength throughout Thursday’s session while settling the week mostly higher. The small-caps struggled and closed on the opposite side of the action after testing a lower low to end the shortened week lower.Much of the news was dominated by the DOJ’s redacted version of the Mueller report with the market more focused […]

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S&P 500 Holds 2,900

U.S. markets traded in a tight range on Wednesday as Wall Street digested another round of mixed 1Q earnings. The slightly lower finish comes ahead of the release of the DOJ’s redacted version of the Mueller report on Thursday morning along with the market being closed for Good Friday.Volatility spiked to a fresh 2019 low […]

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Nasdaq Holds 8,000

U.S. markets rebounded on Tuesday to keep all-time highs in focus following strong 1Q earnings from a number of blue-chip companies. The major indexes held positive territory for much of the session before some late day selling pressure appeared but was turned away.The Nasdaq gained 0.3% after tapping a morning and fresh 2019 high of […]

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Bears Win Sluggish Session

U.S. markets were sluggish throughout Monday’s session following a mixed bag of 1Q earnings from the Financial sector. The slack action comes ahead of a shortened trading week and follows last Friday’s rally to higher highs.With the major indexes signaling slightly overbought levels, the chances of a continued backtest are high and would be a […]

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Bulls Get Weekly Win on Friday’s Rebound

Bulls Get Weekly Win on Friday’s ReboundU.S. markets posted a strong Friday while recovering losses from earlier in week to finish mostly higher overall. The strong session came after a solid start to the 1Q earnings with the Financial sector leading they way following better-than-expected numbers.The gains helped pushed the major indexes towards their all-times […]

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Bulls Hold Near-Term Support

U.S. markets showed some strength at the start of Thursday’s action following better than expected economic news ahead of the open. The slight momentum faded shortly afterwards with the major indexes turning south on Fedspeak while trading in tight ranges into the closing bell.The overall market pullback held near-term support levels with volatility easing to […]

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Bulls Push Prior Resistance Levels on Fedspeak

U.S. markets traded in a tight range and slightly mixed ahead of the release of the Fed minutes on Wednesday. There was no real surprises in the meeting minutes with the majority of the Fed members seeing no change in rates this year.The major averages were unaffected by the news and closed higher to keep […]

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Bears Stay Aggressive

major indexes

U.S. markets trended lower for a 2nd-straight session as Wall Street awaits Wednesday’s FOMC minutes and Friday’s official start to the 1Q earnings season. The major indexes held near-term support levels holding but closed at sessions low with volatility closing above a key level of support.The Russell 2000 sank 1.3% following the pullback to 1,558. […]

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S&P 500 Up 8-Straight Sessions

U.S. markets were sluggish throughout Monday’s action after spending much of the session underwater despite ongoing and encouraging trade talks with China. Top economic adviser of the White House, Larry Kudlow, said he expects a lot of teleconferencing to take place this week, with U.S. and China getting closer and closer to a trade deal.Kudlow […]

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Bulls Snag 2nd-Straight Weekly Win

major indexes

U.S. markets closed higher for the 2nd-straight week following a positive Friday and progressive trade talks with China along with a goldilocks jobs report. President Trump said the two sides were making swift progress in trade talks, adding we should know over the next 4 weeks if an agreement can be reached.Chinese Vice Premier Liu […]

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