Entries by The Trend Letter

Headlines – April 25/18

Here’s the threat to the stock market from rising bond yields. Read story Trump’s travel ban faces US Supreme Court reckoning. Read story Trump, Apple CEO to meet as US-China trade row roils tech sector. Read story Iran’s Rouhani rejects Trump-Macron nuclear proposal. Read story Twitter tops earnings projections as turnaround gains steam. Read story […]

Headlines – April 24/18

Ten dead, 15 injured as van plows through Toronto crowd. Read story What’s sabotaging gold’s attempts to rally? Read story Public outcry after China campus #MeToo activist ‘pressured into silence’. Read story The worst is yet to come for brick and mortar retail stocks. Read story CBO projects US GDP growth of 3.3%, highest in […]

Headlines – April 23/18

European leaders urge Trump not to quit Iran deal: Germany. Read story US bond market takes stab at 3%, rising 3 basis points to 2.986%. Read story China’s Xi says internet control key to stability. Read story ‘It’s a boy’: Duchess gives birth to new Prince. Read story North Korea says it will suspend missile […]

Key targets for the S&P 500

As we close the week, we continue to see the S&P 500 consolidate, trading in a range between Near-term Support at 2581 and Near-term Resistance at 2707. That 2700 level is a resistance target we noted for the past month and it held right on schedule. The 2581 level has been our targeted support since […]

Headlines – April 20/18

Watch out as even Fed doves fret about markets living in La-La land. Read story Trump targets OPEC over high oil prices. Read story The most important crypto indicator just turned bullish. Read story A $76,000 monthly pension: Why states and cities are struggling to meet massive pension obligations. Read story Trump on Comey memos: […]

Headlines – April 19/18

Oil rallies to 3-year high as supply tightens. Read story Watch for ‘violent sell-off’ to thwart Saudi’s wish for $100 oil. Read story China looks to speed up chip plans as US trade tensions boil. Read story Former Trump lawyer says he warned the President that Cohen could turn against him. Read story How hidden […]

Headlines – April 18/18

Morgan Stanley beats, posts record quarter. Read story Russia: our response to US sanctions will be precise and painful. Read story Pompeo visits North Korea, forms ‘good relationship with Kim’, says Trump. Read story McConnel shuts down bill to protect Mueller. Read story Iceland’s Bitcoin heist suspect ‘flees on PM’s plane.’ Read story Starbucks to […]

Headlines – April 17/18

IMF says global growth to hit seven-year high, but could be curtailed by trade barriers. Read story Famed war reported Robert Fisk reaches Syrian ‘chemical attack’ site and concludes ‘they were not gassed.’ Read story China seeks trade firewall with Europe against US. Read story Tesla is temporarily stopping Model 3 production again, threatening its […]

Headlines – April 16/18

Russian stocks slip as traders brace for another round of US sanctions. Read story Putin predicts global ‘chaos’ if West hits Syria again.Read story Oil prices slide after last week’s big gains, as Syria-risk fatigue sets in. Read story Russia denies tampering with suspected Syria chemical attack site. Read story Bank of America tops profit, […]