Fed Comments Stall Momentum The first clue the market needed to see this week that a possible near-term bottom could be forming is the easing in volatility. That has failed to materialize. We talked about the bulls likely needing multiple...
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JPMorgan (JPM) announced better-than-expected numbers to start the first-quarter earnings season and provided a much needed lift to the financial sector. The major indexes traded in tighter ranges on Thursday and Friday with key resistance...
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The whipsaw action this week has been incredible to watch (and trade) as the bears and bulls try to establish key support and resistance levels ahead of the first-quarter earnings season. Tariff news has been the center of attention but that...
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Wall Street ended the back half of the week in shock as Thursday’s overall 5% plunge in the stock market carried over into Friday’s action that resulted in another 6% pounding. The two-day losses over the tariff news pushed the major indexes...
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The stock market showed strength on Wednesday after trading on both sides of the ledger as Wall Street braced for a more specific update concerning tariffs. After the close, President Trump imposed a baseline tariff of 10% on countries that will...
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Wall Street had a nasty Friday as disappointing economic news weighed on sentiment and reversed the weekly gains into losses. Specifically, consumer sentiment missed forecasts while the personal consumption expenditures price index, a key Fed...
Read More 8:00am (EST) The stock market pulled back on Wednesday after trading in a tight range following news President Trump would be addressing auto tariffs. After the close, he revealed he would be imposing 25% tariffs on all cars that are not made in...
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