This was expected to be a crucial week for the markets as the highly anticipated Fed meeting was supposed to provide clarity on monetary policy. On Wednesday, Jerome Powell did give a 25 basis rate cut, the first over 10 years since the...
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by Christian Tharp, CMT SJM has formed a down-channel over the past 2-3 months. A channel is simply formed through the combination of a trend line support that runs parallel to a trend line resistance. ABOUT THE J. M. SMUCKER...
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TRADE UNCERTAINTY PUSH STOCKS LOWER Stocks are trending lower today behind underwhelming economic data and continued U.S.-China trade uncertainty. TRUMP’S COMMENTS ALARM INVESTORS Core CPI and inflation data returned mostly flat while...
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After the steep decline and rapid rebound, the stock market seems ready to settle into a range. Following such a period of big moves and high volatility, it wouldn’t be a surprise if it went nowhere for the next weeks. or until the next...
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Weed stocks are on a tear as comprehensive medical marijuana use has is now legal in 22 states. In addition 14 states restrict weed use to the controlled distribution of CBD only products. When added together, 47 of America’s 50 states allowing...
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What to Watch for During First-Quarter Earnings! It's a big week for first-quarter earnings! Markets modestly trade today ahead of the biggest week of earnings this quarter thus far, with over 500 reports set to release. Industry leaders...
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Ahead of earnings season, major U.S. indices surprised investors yesterday by closing higher following the release of the March FOMC meeting minutes, after trending down for most of the day. TODAY’S MARKETS SEEMED HAMPERED BY GLOBAL...
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