Global pandemic concerns continue to mount Markets were holding on to modest gains this afternoon after two straight sessions of lowering caused by continued and growing Coronavirus fears. As the virus spreads into Europe and additional parts of...
Read MoreConcerns that the Corona Virus is threatening to send the global economy into a recession has started a flight into the safety of bonds. The yield on the U.S. 10Year note has now dropped below 1.4%, — it’s lowest level in over two years,...
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SPY in the range of $320-$235 for the next 2-3 weeks With the current selloff, we expect the markets to trade in the range of $320-$235 for the next 2-3 weeks. The top is currently set at $340 and we encourage readers to consider going long near...
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U.S. markets are seeing support from strong economic reports and the tail end of earnings season All three major U.S. indices closed in the green today after seeing mixed results on Tuesday. Growing Coronvirus concerns continue to pressure global...
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Growing global Coronavirus concerns push shares down One day after the release of last month’s FOMC minutes pushed major U.S. indices to close near all-time highs, markets are seeing pressure from growing global Coronavirus concerns, causing...
Read MoreThe stock market is hitting all-time highs and investors are torn between the possibility of an economic downturn or entering a new leg of the bull market. Stocks shrug off every macro headwind virus to tariffs Last week’s article noted that...
Read MoreThe stock market continues to power to consecutive new highs; as measured by the “SPDR 500 ETF (SPY)” already up some 6.5% for the first six weeks of the year. And, despite a variety of events, from the Iran/Iraq missile issue to the current...
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