For US equity traders and investors these are worrying times, as the NQ emini continues to blast its way ever higher, and leaving its sister indices becalmed and lacking direction, with the ES emini a classic example.
US equity markets continued to wallow again yesterday, as risk on appetite wanes as global tensions continue to weigh on risk asset classes, bringing to a halt the strong bullish moves post Trump.
Game Plan for the week of April 10, we take a look at the following name, $RCL, $HD, $XLF, $SPY, $VIX, $PLD
It is safe to say that markets don’t like uncertainty but this is on another level. Fears that Donald Trump was going to win the election saw risk-sensitive assets drop faster than Hillary Clinton’s hopes of becoming the next US President overnight.
ECB’s inaction clearly disappointed a few people as European stock indices dropped when the policy statement was released.
Published on Aug 23, 2016 Rhino Trading Partners Chief Strategist Michael Block and FNC contributor David Webb on the state of U.S. markets.
Published on Jul 22, 2016 Rep. Louie Gohmert, (R-Texas), on the impact of Donald Trump’s acceptance speech.
As US equity markets continue to defy gravity and move inexorably higher, so the VIX slides ever lower as market complacency takes hold with risk on appetite continuing to remain firmly on the menu.
Like nervous students awaiting their end of year exams, so the major US indices are all approaching new high ground with equal trepitation, with the ES emini (SPY, quote) a classic example of the tension that is now building on the daily chart.
China registered its “strong dissatisfaction” with the United States on Wednesday for imposing import duties of 522 percent on Chinese cold-rolled flat steel.
