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XJO to end the week on a high
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- October 4, 2019
Stimulus to cure coronavirus?
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- March 3, 2020
XJO to jump on open despite soft leads
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- October 25, 2019
Latest Articles
Powell for second Fed term
Bond yields jumped and US equities briefly broke into new highs as Jerome Powell remains in the top Fed spot for another term. US market broke the all-time high resistance to trade as high as 4,743 before completely reversing to close in the red. At this stage worries of further lockdown from the increasing covid
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Markets stall as Crude falls and Metals rise
Crude has fallen $10 US a barrel in the last 9 sessions and now sits at $75.67 and seen the energy sectors follow it down. Financial where also lower which is common in the US when crude falls. Tech stocks continued to advance which is helping to hold the US markets higher. World markets came
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SP500 tests all time highs after late rally
The US S&P500 closed higher after spending most of the day in the red testing the all-time high resistance. With only a few more days of reporting left in the US, it leaves everyone wondering if the US can see blue skies again? The alternative is that we see some profit-taking which is usually seen
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S&P500 closes lower after testing all-time highs
The US S&P500 once again tested the all-time high resistance but could not get through. With only a few more days of reporting left in the US, it leaves everyone wondering if the US can see blue skies again? The alternative is that we see some profit-taking which is usually seen around this time of
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SP500 tests all time highs after strong retail sales
The US SP500 closed on 4,700 overnight testing the all-time high resistance level. The move was led by Tech and Discretionary stocks. At this stage, the US still seems a little overbought. Last weeks pullback was weak compared to the 10% plus gains seen since early October. The jury is still out on whether we
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US markets close flat as Biden signs in Infrastructure bill
US markets closed flat overnight, and perhaps still look a bit overbought at current levels. Last weeks pullback was weak compared to the 10% plus gains seen since early October. So, the jury is still out on whether we will see another pullback or not in the coming weeks. This week we still have some
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