The 50 Day EMA sits right around the 19,500 level, but if we were to break above there, then we need to look at the 200 Day EMA, currently sitting just below the 20,000 region.
In this week's video, we'll review the latest charts and data to help us answer the question: the breadth thrusts nailed down on Thursday — do the charts overall align with the rare bullish signals or contradict them?
In this video lesson, I review last Friday's swing trade, the overall market in relation to my multi-time frame ports, sell rules, and the stocks in my weekly squeeze scan.
Wall Street's three-day rally came to a pause on Friday, with major indices hovering near the flatline by midday in New York as caution returned amid mixed signals on U.S.-China trade relations.
Trump also told Time Magazine that Chinese President Xi Jinping had called him to strike a tariff deal, but did not specify when the call was made or what the two leaders discussed.
The order will expedite the extraction of minerals such as nickel, copper, and rare earth elements from the ocean floor — resources crucial to the production of electric vehicle batteries, wind turbines, and other clean-energy technologies.
JPMorgan's equity strategy: China trade deal, tax cuts, and deregulation may ease tariff concerns, but caution still advised for investors. Buy SPY, QQQ, USMV for upside potential.
U.S. equity markets are coming off a three-day rally, but escalating trade tensions and increasing uncertainty between the US and China have capped momentum.
U.S. stock futures continued to rise on Friday, following a three-day back-to-back winning streak in the regular session, amid growing earnings optimism and the easing of trade tensions between the U.S. and China.
He stressed that investors are increasingly wary of U.S. Treasury bonds, traditionally viewed as safe-haven assets, due to the unpredictability introduced by the trade war.
Massive breakout higher today, wow! And the way this market is grinding higher tells me this Breakout Pullback is likely where the money is made on Friday!
Prominent investor Cathie Wood is sounding the alarm on President Donald Trump's tariff policies, warning they could hamper economic growth while simultaneously creating opportunities for innovative companies.
The S&P 500 and the Nasdaq Composite ended Thursday at their highest levels since early April 2, suggesting a return to the levels before the tariff announcement.
