Original Link | RockwellTrading by Markus Heitkoetter October is notorious for being one of the more brutal months of the year for investors. But this October marked the least volatile month in history! The S&P total return also made the history books with 12 straight months of gains, tying a record from April 1935 to March 1936. … Read more
Join Over 85,000 Stock, Options, Forex and E-Mini Traders Who Receive FREE Daily Trading Videos! U.S. markets finished Friday mostly higher while setting record highs with the Dow and S&P 500 working on 8-week winning streaks for the first time in four years. The Nasdaq is riding a six-week winning streak after gaining 0.7% and was up nearly … Read more
Original Link | RockwellTrading by Markus Heitkoetter It was a slow day for the markets, but not on the news front. Unemployment Claims came in better than expected before the open. And Alibaba (BABA) reported strong quarterly results ahead of the bell. Then came the GOP tax plan. The Republicans unveiled the details of their tax plan this … Read more
Original Link | RockwellTrading by Markus Heitkoetter It was a wild ride for the stock market today! In overnight trading, Japan’s Nikkei index soared. This move sent global stocks higher and helped the major indices kick off the U.S. session with nice gains. At one point the DOW was up 140 points and the NASDAQ was up 30. ADP Non-Farm Employment numbers … Read more
Original Link | RockwellTrading by Markus Heitkoetter Traders were hoping for a treat today. But after a higher open and sideways trading session, traders were tricked instead. It was so slow that the S&P traded in a 2-3 point range for most of the day. With the quiet session, you’d think that Halloween is a new trading … Read more
Original Link | RockwellTrading by Markus Heitkoetter It was a quiet day for the economic calendar. But there was a lot of political news to digest. Today traders were faced with news that that special counsel Robert Mueller indicted former Trump campaign chairman Paul Manafort on numerous charges. And around 11:30am, news broke that Trump’s tax plan might include a … Read more
Original Link | RockwellTrading by Markus Heitkoetter Driven by earnings, stocks were all over the place last week. On Monday, the major indices opened higher. But after the strong start, stocks headed south and moved lower for most of the session. Tuesday’s trading was mixed. The DOW looked great and rallied to new records. But the S&P and NASDAQ were left … Read more
Original Link | RockwellTrading by Markus Heitkoetter The S&P and DOW were pretty quiet today and eventually finished slightly higher. But the NASDAQ was another story. Seesawing back and forth for most of the day, the NASDAQended with a loss. Today Celgene (CELG) reported disappointing quarterly results. After a big gap lower, the stock eventually finished the day with a 16.4% loss. The big … Read more
Original Link | RockwellTrading by Markus Heitkoetter All eyes were on the DOW today. After solid earnings from Caterpillar (CAT), 3M (MMM),McDonald’s (MCD), and United Technologies (UTX), the index skyrocketed. The DOW was up over 200 points at highs of the day before finishing with a 168 point gain. But the DOW was on its own today. While the DOW was off to … Read more
Volatility. Over the past few months, we’ve seen Bitcoin hit a high of $4,800 then drop to a low of $3,200. (Today, it’s run as high as $5,800.) For new crypto investors, it’s enough to keep you up in a cold sweat in the dead of night. For those who have been following me since … Read more