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As we are watching the US and global markets rotate dramatically lower over the past few days, we have been advising our members that we believe this rotation is an over-reaction to economic impetuses and trade issues – not a massive downside price break. Overall, some of our longer-term technical indicators are currently bearish, as one would think technical indicators would…
The US stocks are already up 1.5%, and gold 1.1% or more on news originating from Argentina from the G20 meeting. The commitment from the US and China to restore talks and hold off on new trade tariffs for a 90-day period of time allows the markets some breathing room and some time to digest future expectations. Combine that with the…
This weekend could have turned out extremely positive or extremely negative for the global markets. It appears the news about the US and China adopting a 90 resolve to prevent escalation of trade issues in an attempt to foster a more suitable outcome for global trade was received by the global equity markets with great success. The US markets are up…
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