by Dorian Holden | Aug 9, 2019 | Markets
Any hopes for a trade war resolution seem to be fading. New 10% tariffs on $800 billion worth of Chinese imports go into effect in just weeks. China stopped buying agricultural products from the U.S. Now comes word that President Trump is “not ready...
by Dorian Holden | Aug 9, 2019 | Markets
Without a doubt, this market has been one of the most bizarre on record. One day, we’re down 800 points. The next day we’re up 100 points. Then, we see another 500-point pullback the next with an intraday recovery. That’s all happening because of the...
by Dorian Holden | Aug 9, 2019 | Markets
After a sizable run in the U.S. Dollar, President Trump says he’s not “thrilled” with it. In fact, he tweeted that the dollar’s value makes it much harder for companies to compete. “As your President, one would think that I would be thrilled with our very...
by Dorian Holden | Aug 7, 2019 | Markets
Panic has resumed in a big way. A day after a brief respite, the Dow Jones Industrial Average just plunged 500 points, forcing it below its 200-day moving average. And unless we see near-term calm, the Dow could easily test prior support at 24,680 – a nearly...
by Dorian Holden | Aug 6, 2019 | Markets
Deepening rifts between the U.S. and China could do a good deal of damage to oil prices. Already, the excessive back and forth has sent prices lower on fears of a severe economic slowdown, or even a recession. In fact, oil demand could get worse from here, as...
Recent Comments