Nothing like an impeachment of the President to fuel the markets to new highs. Talking about counter intuitive, Tesla hit also all-time highs and closed out the week over $400, destroying short sellers who have lost billions in one of …
Equity markets blasted higher this week with virtually all global equities joining the party. Markets loved the good employment report in the US (unemployment levels at 3.5%) and of course a truce in the trade war with China. The excellent …
After a two-day correction back to its breakout level, the IWM vaulted to new 52-week highs on the back of an employment report that surprised even the most bullish analysts.
Last week’s price action revealed some very interesting shifts in …
US Equities once again shrugged off added geopolitical stress with several benchmark indexes hitting new highs this week.
This week new tensions appeared after Trump signed a bill supporting Hong Kong protestors. Henry Kissinger, 96, former secretary of State, relic/icon …
US Equities once again shrugged off the drama unfolding on the Congressional stage by closing down less than -.5%.for the week.
A possible trade deal with China offset the bad Juju of the impeachment hearings. That is good performance after …
US Equities shrugged off the political theater on Capitol Hill, the trade war with China, and assorted rebellions on multiple continents. Three out of the four key US equity indexes hit new all-time highs up another .75% on average, while …
This week’s Market Outlook is abbreviated due to our travel schedule. We taught a master class at TradersExpo in Las Vegas.
This week’s highlights are:
Equity markets globally blasted higher this week with Russia leading the pack of actively traded country funds up, +2.65%. As we highlighted last week, Russia has been strong and received added help from the energy market on Friday. Russia (RSX) …
As markets exit from the most dicey month of the year, it is interesting to note that key US equity benchmarks are still down a bit over the last three month rolling period despite the recent surge.
Don’t get me …
US equity markets were mostly flat this week except for small caps which led, up +1.59% playing catch up.
Looking under the hood showed that sector rotation was confusing.
Semis and, technology which are the leading hot speculative sectors, backed …