US stocks close with solid gains
<p>The major US stock indices are ending Friday with solid gains. For the week the Nasdaq is closing marginally higher for the 3rd week in a row but the S&P…
Read More »Dow and S&P 500 Breakout Collapses But Dollar Holds Onto Losses with Powell Ahead
At the open for trade this week, it seemed that the US indices would extend Friday’s rally to notch further technical breakouts; but conviction evaporated and we were left with…
Read More »S&P 500, Dow Jones, Nasdaq 100 Sink as Treasury Yields Climb, APAC Stocks at Risk
The S&P 500, Dow Jones and Nasdaq 100 sank on Monday as Treasury yields rallied, extending moves from last week. This is leaving APAC equities, like the Nikkei 225 and…
Read More »US Stocks start the day in red & Gold at year’s low
Treasuries continue their selloff and Wall Street has opened in the red, largely tracking Europe, though underperforming, as the markets continue to look to next week’s FOMC and an all-but-done…
Read More »Trader’s Greatest Power: Understand Stock Market Cycles
The stock market goes through different cycles. For example, the market went through a major bull run during the Covid-19 pandemic as the Fed supplied the US with trillions in…
Read More »Dow Jones Rebound May Lift Hang Seng Index. Crude Oil Fall, FOMC Meeting in Focus
Wall Street stocks climbed on Tuesday as falling crude oil prices alleviated inflation concerns. The Hang Seng Index may be positioned for a rebound after reaching a six-year low. The…
Read More »And just like that, the 3 major indices close higher on the week
The 3 major indices (Dow, S&P and Nasdaq) rode a wave of buying higher on the day, closed at the highs and just like that, erased the declines for the…
Read More »Omicron COVID Variant-Possible Strong Rally-INDU & TRAN
As we’ve been watching the markets recoil away from risks related to the new Omicron COVID variant and other factors, one simple thought keeps running through my head. What if the markets…
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