Tag Archives: IYT

Ferocious Bears In Charge: Markets Get Mauled

[Chart courtesy of MarketWatch.com] Moving the markets There was simply no hope at all for the bulls today, as we headed south right after the opening bell. Not helping the anxiety among traders were news that Trump was reluctant to … Continue reading

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Fed Hikes And Bulls Strike, As Markets Tank—Again

[Chart courtesy of MarketWatch.com] Moving the markets The Fed did not cave to recent public pressure exerted by politicians and Wall Street traders but stayed the course and hiked rates ¼%, while also predicting another possible two increases next year … Continue reading

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Zig-Zagging To Nowhere

[Chart courtesy of MarketWatch.com] Moving the markets And the same story continues. An early rally ran into overhead resistance with markets fading the remainder of the session with neither bulls nor bears winning the tug-of-war as the “sell the rip” … Continue reading

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One-Two Punch Knocks Down Markets

[Chart courtesy of MarketWatch.com] Moving the markets As I pointed our yesterday, sudden up moves can be ephemeral in nature, and even more so when they are based on hope and hot air. This is what we saw today when … Continue reading

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Finding Positive Momentum

[Chart courtesy of MarketWatch.com] Moving the markets For a change, the major market indexes managed to move higher in sync with the Nasdaq (QQQ) successfully bouncing off its 4-month trend line to close solidly in the green. News reports that … Continue reading

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Easing EU Trade Tensions Propel Equities; International “Buy” generated

[Chart courtesy of MarketWatch.com] Moving the markets Trade tensions were on the front burner again, but this time not with China but with the EU, as President Trump and EU President Juncker met and hailed a new phase in trade … Continue reading

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