Wall St. opens lower as trade tensions escalate

Wall St. opens lower as trade tensions escalate

In the News
(Reuters) - U.S. stocks opened lower on Wednesday after China retaliated to Washington’s latest tariffs, clouding a strong showing for corporate earnings. The Dow Jones Industrial Average .DJI fell 13.19 points, or 0.05 percent, at the open to 25,615.72. The S&P 500 .SPX opened lower by 1.66 points, or 0.06 percent, at 2,856.79. The Nasdaq Composite .IXIC dropped 3.66 points, or 0.05 percent, to 7,880.00 at the opening bell. Reporting by Amy Caren Daniel in Bengaluru; Editing by Anil D'Silva Want better returns then the S&P 500? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the follow outlets
Read More
Wall Street opens higher, S&P near record high

Wall Street opens higher, S&P near record high

In the News
(Reuters) - U.S. stocks opened higher on Tuesday, with the S&P 500 within striking distance of a record high, lifted by gains in technology stocks. [caption id="attachment_2121" align="alignnone" width="644"] Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., July 6, 2016. REUTERS/Lucas Jackson[/caption] The Dow Jones Industrial Average .DJI rose 49.47 points, or 0.19 percent, at the open to 25,551.65. The S&P 500 .SPX opened higher by 5.52 points, or 0.19 percent, at 2,855.92. The Nasdaq Composite .IXIC gained 18.94 points, or 0.24 percent, to 7,878.62 at the opening bell. Reporting by Amy Caren Daniel in Bengaluru Want better returns then the S&P 500? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an…
Read More
Wall Street opens lower as Boeing drags on industrials

Wall Street opens lower as Boeing drags on industrials

In the News
(Reuters) - U.S. stocks opened lower on Wednesday, as disappointing results from Boeing weighed on industrial companies and as investors eyed trade talks between the United States and European Commission. The Dow Jones Industrial Average .DJI fell 58.24 points, or 0.23 percent, at the open to 25,183.70. The S&P 500 .SPX opened lower by 2.67 points, or 0.09 percent, at 2,817.73. The Nasdaq Composite .IXIC dropped 1.67 points, or 0.02 percent, to 7,839.09 at the opening bell. Reporting by Amy Caren Daniel in Bengaluru Want better returns then the S&P 500? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the follow outlets
Read More
Wall Street lower on weak earnings, escalating trade tensions

Wall Street lower on weak earnings, escalating trade tensions

In the News, marketsNews
(Reuters) - U.S. stock indexes were trading lower on Thursday, as a batch of weak quarterly reports dampened a robust earnings season and trade tensions rose on news the European Union may retaliate if United States slaps tariffs on EU cars. [caption id="attachment_2191" align="aligncenter" width="780"] Traders work on the floor of the New York Stock Exchange (NYSE) as the market closes in New York, U.S., October 3, 2016. REUTERS/Lucas Jackson[/caption] EU Trade Commissioner Cecilia Malmstrom said she hoped a mission to Washington would ease the trade dispute that started after the United States imposed tariffs on EU steel and aluminum on June 1, with President Donald Trump threatening to extend them to cars and auto parts. “Today’s theme is trade war, as the EU is going to retaliate against car…
Read More
Wall Street opens higher led by industrial, financial stocks

Wall Street opens higher led by industrial, financial stocks

marketsNews
(Reuters) - U.S. stocks opened higher on Wednesday, led by gains in industrials after robust quarterly profit from United Airlines and CSX Corp and as Morgan Stanley’s strong results lifted financial stocks. [caption id="attachment_3206" align="aligncenter" width="549"] A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 8, 2017. REUTERS/Brendan McDermid[/caption] The Dow Jones Industrial Average .DJI rose 13.90 points, or 0.06 percent, at the open to 25,133.79. The S&P 500 .SPX opened higher by 1.80 points, or 0.06 percent, at 2,811.35. The Nasdaq Composite .IXIC gained 4.31 points, or 0.05 percent, to 7,859.43 at the opening bell. Reporting by Amy Caren Daniel in Bengaluru Want better returns then the S&P 500? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a…
Read More

Netflix drags Wall Street lower ahead of Powell’s testimony

In the News, marketsNews
(Reuters) - Wall Street dipped on Tuesday as Netflix’s slump due to weak subscriber growth weighed on other high-growth stocks, while investors awaited Federal Reserve Chairman Jerome Powell’s Congressional testimony. Powell is likely to reiterate the central bank’s stance toward gradual monetary policy tightening at his testimony on the economy and monetary policy before the U.S. Senate Banking Committee from 10.00 a.m. ET. The markets will also look for his comments on recent U.S.-China trade tensions. Powell will answer questions from the House of Representatives Financial Services Committee on Wednesday. “The main focus of the day will be Powell’s presentation of the monetary policy,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. “Investors will be listening very closely at what he’s going to say and…
Read More

Short Term: Great swing trade on the SPXL (S&P500 leveraged x 3)

Market Trends
Great swing trade Bought Tuesday last week Sold Tuesday this week up $2700 Bought back in yesterday new target $49.78. (Blue arrow is where I bought, pink arrow is where I sold). [caption id="attachment_3731" align="aligncenter" width="605"] ETF SPXL (S&P500 leveraged x 3) Swing Trade[/caption]   Buy your copy now and discover the pattern for yourself! Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the follow outlets  
Read More
Wall Street bounces back on deals, earnings hope

Wall Street bounces back on deals, earnings hope

marketsNews
(Reuters) - U.S. stocks opened higher on Thursday, recovering from a selloff a day earlier as higher oil prices and merger activity helped offset fears of a Sino-U.S. trade war. [caption id="attachment_3728" align="aligncenter" width="858"] Traders work on the floor of the New York Stock Exchange.[/caption] The Dow Jones Industrial Average rose 102.45 points, or 0.41 percent, at the open to 24,802.90. The S&P 500 opened higher by 9.12 points, or 0.33 percent, at 2,783.14. The Nasdaq Composite gained 36.10 points, or 0.47 percent, to 7,752.71 at the opening bell. Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta Want Better Returns in your Portfolio? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the…
Read More
China says will hit back after U.S. proposes fresh tariffs on $200 billion in goods

China says will hit back after U.S. proposes fresh tariffs on $200 billion in goods

globalMarketsNews, marketsNews, US Economy
BEIJING/WASHINGTON (Reuters) - China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 percent tariffs on $200 billion of Chinese goods. [caption id="attachment_3723" align="aligncenter" width="1054"] A worker helps load steel bars onto a truck at a warehouse of the Baifeng[/caption] China’s commerce ministry said on Wednesday it was “shocked” and would complain to the World Trade Organisation, but did not immediately say how it would retaliate. In a statement, it called the U.S. actions “completely unacceptable”. The foreign ministry described Washington’s threats as “typical bullying” and said China needed to counter-attack to protect its interests. “This is a fight between unilateralism and multilateralism, protectionism and free trade, might and rules,” foreign ministry spokeswoman Hua…
Read More