Hi traders, the S&P500 gained another 1.4% last week. The uptrend is expected to continue as long as the market believes in Trump’s plan to lower taxes and regulation, and this should last until the end of the year. Failing to deliver results by November or...
New All-Time High: Will Amazon Break Past $1,000?! The S&P 500 and the NASDAQ scaled to new highs yesterday, the market propped up by momentum in consumer cyclical stocks after solid reports from Best Buy (BBY) and other retail chains. The consumer cyclical sector...
All-Time High: Huge OPEC Deal on Horizon Stocks on Wall Street succeeded in stretching their winning streak to 5 on Wednesday with a close at an all-time high, while the minutes from the last Federal Reserve meeting projected unanimity about the plan to cut the...
Fourth Straight Day of Gains! Stocks on Wall Street recorded gains yesterday, stretching their winning streak to 4 after the White House released its 2018 budget proposal. Despite the weak economic figures released on Tuesday, investors breathed a sigh of relief that...
Smooth Trip Gives Market Smooth Ride Stocks on Wall Street rose in yesterday’s drama-free trading, the calm being well received after the strong volatility last week. The rat-a-tat of local political headlines has slowed with Trump continuing his first...
Hi Trader, the S&P500 lost 0.3% last week, only a minor pullback after a 2% crash on Wednesday. The Wednesday Trump – Russian incident, reminds us that the last 15% hike is all due to Trump’s tax cut and deregulation promises. Last week we saw how fast the market...
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