Entries by The Trend Letter

Headlines – September 11/17

Wall St set for relief rally as Irma, North Korea fears ease. Read story Bye Bitcoin: China to ban commercial trading of virtual currencies. Read story Oil weakens on fears Irma could dent US demand. Read story North Korea warns US of ‘greatest pain’ if sanctions pass. Read story Trump calls for a tax reform […]

Headlines – September 7/17

US dollar tumbles as Yen, Euro rally on Irma, ECB. Read story Deadly Irma heads for Miami as Caribbean islands are wrecked. Read story Equifax executives sold stock after data breach, before informing public. Read story Trump urges Republicans to start tax reform immediately. Read story The cost of long-term care is going to bankrupt […]

Headlines – September 6/17

Wall St opens higher even as North Korea, Irma weigh. Read story Canadian dollar jumps as Bank of Canada raises benchmark rate to 1%. Read story US trade gap edges up; deficit with China at 11-month high. Read story Irma makes landfall in Caribbean, heads toward Puerto Rico. Read story How to track Hurricane Irma […]

Headlines – September 5/17

Stock market set for lower open as North Korea standoff intensifies. Read story North Korea threat prompts Japan evacuation preparations. Read story What heavier US military activity in the Pacific means for North Korea. Read story Putin warns of ‘planetary catastrophe’. Read story Euro area poised for fastest economic growth in a decade. Read story […]

Headlines – September 1/17

  US job growth slows in August; wage growth retreats. Read story Dollar falls as weak job number cuts Fed outlook. Read story Retail US gas prices surge as Harvey keeps refiners shut down. Read story Putin warns North Korea situation on verge of ‘large scale conflict’. Read story Canadian economy smashes expectations with 4.5% […]

Headlines – August 31/17

Stocks gain on growth, US dollar extends run. Read story Texas Chemical plant explodes after Hurricane Harvey flooding. Read story Harvey shuts key US fuel pipeline. Read story China says it will never allow war or chaos at its doorstep as tensions escalate on Korean peninsula. Read story US oil set for biggest monthly loss […]

U.S. stocks rose on Wednesday after stronger-than-expected U.S. economic growth outweighed concerns about escalating tensions between the United States and North Korea, and uncertainty in the aftermath of Hurricane Harvey. The S&P 500 closed the day up .46% moving out of its short-term downtrend channel. Technology stocks lead the way higher, with the NASDAQ closing […]

Headline – August 29/17

Gold climbs as N. Korea missile test sees price at 2017 high. Read story Trump vows “all options open” after N. Korea launch over Japan. Read story S. Korea drops eight heavy bombs near N. Korea to show ‘overwhelming force’. Read story Oil prices dip as market assesses hurricane damage. Read story US dollar dives […]

Headlines – August 25/17

Stocks heading for best weeks in six ahead of Draghi,Yellen speeches. Read story Samsung heir jailed 5-years for corruption and bribery. Read story Oil trims weekly drop as storm heads for Texas;gasoline surges. Read story Draghi has reason to tone down the drama at Jackson Hole. Read story Trump to start push for tax reform […]

Market Recap – August 23/17

After its strong rally Tuesday, the  S&P 500 pulled back slightly today, based on Trump’s comments about shutting government down and abandoning NAFTA. It remains in its near-term downtrend channel. Looking at what sectors have been the market leaders, we can see that while S&P 500 is up about 12% in the past year, it […]