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Posted on November 20, 2019 by bhah2014
Major averages are -0.1% to -0.2% lower, which puts most slightly down on the narrow-ranged week thus far. There’s a defensive bias in bonds and sectors. Overall tone is cautious, just backing off a little with new uncertainty overhang after the Senate vote. 7 of 11 sectors are down the same as the averages. Consumer […]
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Posted on November 17, 2019 by bhah2014
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Posted on November 12, 2019 by bhah2014
The cash open looked nearly identical to the last two Fridays’ mark-up ramps run by professionals. Short squeezes were not a significant factor in this morning’s advance. The session began with all 11 S&P 500 sectors gaining ahead of President Trump’s lunchtime speech at the Economic Club of New York. Among many things, the president […]
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Posted on November 12, 2019 by bhah2014
The averages are giving back more of the morning’s ramp gains. The Dow just retraced all and went into the red column. S&P has narrowed the gain to +0.15%, NASDAQ +0.2% and Small Caps +0.1%. Dow’s local support resistance this week is at 27,680 just about where it sits now. It seems the Chinese media […]
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Posted on November 10, 2019 by bhah2014
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