A dramatic confrontation between the White House and the Federal Reserve has been put off – for now. Come Tuesday, Trump said he has “no intention” of firing Powell before his term ends.
The proliferation of leveraged speculation ensures acute fragility. And, to be sure, faith in liquidity backstops and market bailouts is absolutely fundamental to market structure.
Stocks prices are down, yields on bonds are up, and the dollar is weakening. This is the type of behavior one expects from emerging markets falling into
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.
