The second-longest running soap opera As the World Turns lasted 54 years, but had to finally turn off its tacky lights in 2010 because of low ratings. In a similar fashion, the long-lasting 8-year leadership of US-based assets are flickering …
The very bullish NASDQ 100 (QQQ) continued to chew up both the bears and non-believers with its recently-polished set of FANGS. Meanwhile, retail stocks with a physical presence tanked, with AMZN picking up the slack. The Russell 2000 (IWM)— a …
This week, US equities markets put in a positive performance with the S & P 500 (SPY) +.69% for the week and closing at all-time highs but still lagging Eurozone equities by a whopping 5%. Eurozone equities soared, anticipating a …
Global Equities partied on this week. Mr. Market took a deep breath and exhaled a sigh of relief, convinced that France will remain in the Euro. After the weekend election, French stocks had its biggest one-day rally since 2012, up …
US equities rallied this week, with the S &P 500 up +.9% and the Russel 2000 (IWM) up +2.6%, regaining a bullish market phase. The Nasdaq 100 closed at all-time highs.
Several sectors gained ground including semiconductors which reasserted itself …
All Domestic equity markets closed with weekly losses. The S&P 500 closed under its 50-day moving average, and down -1.22%, right on its lows for the week. it’s the lowest close since mid-February. The deterioration of the Trump bump trade …
This week had its fair share of potential catalysts that could have begun the next major market move up or down.
However, not even an U.S initiated missile attack, nor a surprising employment report job was enough to break the …
US equities markets bounced nicely last week after an awful -1.0 % gap down Monday morning. The S&P 500 ended Monday flat and the week positive +.80%. It fulfilled prophecies of more volatility ahead, the by-product of the recent 109-day …
Pyyrho -Greek Philosopher (The First Skeptic)
The S&P 500 did the unthinkable, it actually had a -1.2% down day last Tuesday.
This action broke the 109 day streak of S&P 500 trading without a correction of greater than 1%. The …
U.S. equities mostly inched their way forward this week, digesting another rate hike of .25% by the Federal Reserve. In fact, after the hike, rates dropped and equities rallied. The dollar dropped as well.
Metals, especially gold and copper, ended …