Major U.S indexes are inching toward their respective all-time highs which were met earlier this year. A strong round of corporate earnings reports could cement these gains by correlating with an equally strong investor sentiment. The dollar is strengthening today, following a punitive missile strike on a Syrian airbase ordered by U.S President Donald […]
U.S stocks have seen a boost today following an exceptional private sector jobs report. ADP reports that employers added 263,000 jobs in March, which is up from February’s revised figure of 245,000. Analysts tend to look at this report to gauge the results of the non-farm payroll report, which is due this Friday. Investors are […]
Major U.S stock indexes are slipping downward as investors will be waiting for earnings reports for verification on corporate growth and integrity. Although last week ended the first quarter with significant gains, analysts remain skeptical about valuations being somewhat overstretched. Although a strong earnings season is expected- particularly for tech, healthcare and financials- we can […]
Major U.S stock indexes are seeing a rebound from Monday’s slides, following positive gains at the close on Tuesday and a round of better-than-expected economic data. A report from the Conference Board showed its consumer confidence index reaching 125.6 in March- a 16-year high. The index had been at 116.1 in February. Although political turmoil […]
Last week, Republican lawmakers were unable to successfully rally behind the Trump administration’s new health care bill, and Speaker Paul Ryan pulled the bill from the floor. Investors are looking to this situation as a preview of President Trump’s ability to gather his party and reach across the aisle to pass future legislation. The current […]
On Tuesday, The Dow Jones Industrial Average and the Nasdaq-100 saw their biggest percentage drops since September of 2016. Many are attributing this to growing investor wariness over President Donald Trump’s ability to effectively produce substantial tax reforms and a massive infrastructure spending plan. Recent struggles within the Republican party to coherently move forward with […]
Although stocks have edged higher today, falling oil prices have an adverse effect on energy sectors, while financials pulled down as well. Investors are looking at U.S Treasury Secretary Steven Mnuchin’s comments at the G20 summit as a repositioning from traditional trade policies. The Trump administration’s “America First” policy theme came through as Secretary Mnuchin […]
Investors are anticipating the pending decision from this week’s Fed meeting. Interest rates are expected to be raised, turning attention away from slides in oil prices. The recent slump in the crude market has contributed to some pullbacks on major indexes- which seem to making back losses today. Investors are continuing to monitor today’s […]
Major index averages have pulled back as investors are turning attention to central banking activity. The Federal Reserve is expected to increase interest rates this week at the conclusion of their two-day meeting on Wednesday. In some asset markets considered to be over-saturated, analysts are concerned about a rapid sell off following a market-moving event […]
Market confidence is back up after ADP released a private-sector jobs reports which beat expectations. The report claims that the U.S. added 298,000 private-sector jobs in February. These figures are the highest since April 2014. The report also seems to suggest the Labor Department’s nonfarm payrolls report will beat expectations. These numbers are also significant […]
Tradespoon Tools make finding winning trades in minute as easy as 1-2-3.
Our simple 3 step approach has resulted in an average return of almost 20% per trade!