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Weekly Market Recap Aug 19, 2018
by Mark Hanna on August 19, 2018 at 10:51 am
A good amount of volatility this past week, but once again indexes are just sort of hanging around as we work through some news items, specifically facing trade issues. We ended last week with some hand wringing over Turkey - while nothing was really resolved, U.S. markets looked past that... however emerging markets continue their struggle. The U.S. indexes have simply been range bound for... […]
Weekly Market Recap Aug 12, 2018
by Mark Hanna on August 12, 2018 at 7:28 pm
Indexes spent the past week churning along as news flow was generally quiet...outside of Turkey and Russia that is. The NYSE McClellan Oscillator has been in the red for weeks, and breadth has remained pretty weak but the indexes continue to hold up! A conundrum indeed! That said keep an eye on foreign markets to see if any "contagion" happens - thus far, the U.S. markets have been acting... […]