Virtually all global equity markets rallied led by Mexico in the Americas, Korea and China in Asia, and Russia in Europe. The theme here is that weak performers and energy exporters found buyers. Also noteworthy is that speculative sectors and …
US equities bounced off some key support levels late last week. However, the S&P 500 still closed down for the month and It took all of August to digest a nasty sell-off that hit the first few days. Sector performance …
According to the Wall Street Journal’s (WSJ) front page “What’s News” left had column this weekend…
#1 spot: “Trump said he ‘hereby ordered’ U.S. companies doing business in China to explore relocating their operations… A1, A6”
#8 spot: “Powell gave …
In last week’s Market Outlook, I posed the question, “Did stocks just put in a significant bottom?”
Last week’s market action put that thought to the test.
The IWM and DIA made new swing lows, but the SPY and QQQ …
Will the bulls thank China for last week’s opportunity to buy stocks lower?
Last week began with a punch back from China in the trade war that escalated the concerns of the trade war to concerns of a potential currency …
U.S. Stock indexes gave up all the gains made in July in just a few days, led by the NASDAQ 100 which dropped -4.07% for the week.
There are several factors contributing to the sell-off that include an escalating trade …
US Stock indexes made impressive gains this week , +2% ( give or take) , as long as one ignored the Dow industrials which managed to stay positive. Boeing dragged the Dow down after it reported earnings as it struggles …
Despite the attention grabbing headlines of the S&P 500, NASDQ100, and the Dow industrials all hitting new all time highs early this week, stocks closed down by Friday and the Dow (DIA) had a bearish engulfing pattern. Geopolitical tension and …
US Equities markets continued its melt up +.75% on average , hitting new all time highs in three out of key benchmarks while interest rates sold off hard after a dismal bond auction.
Economic data points to a slowing global …
The performance of the US Equities markets was strong, up over +2% on average for the week. Meanwhile the IWM confirmed a bull phase on excellent volume. Gold (GLD) sold off Friday but held onto it’s breakaway gap put in …