(Wednesday Market Open) After several days of tumbling amid trade war fears, markets look like they’re ready to possibly rebound a little Wednesday. Strength in European and Asian indices overnight could help provide some traction, and a slight pullback in bond prices might indicate more willingness among investors to embrace risk.
At the same time, volatility faded a bit, with the Cboe VIX falling back below 13 after rising above 14 earlier this week.
Despite these positive developments and a rally in pre-market trading, there’s no major change on the trade front that’s helped pin down stocks over the last few days. Maybe after a six-day losing streak for the Dow Jones Industrial Average ($DJI), people are simply engaged in some bargain hunting. Whether this can give the market a lift that lasts is unclear. We shall see.
In a major development r
It’s another day where investors might be focused on retail earnings and geopolitics, but with a long weekend ahead trading might be thin and choppy. Volatility up a bit early Friday.
The market seems a bit nervous this morning about the China trade and North Korea negotiations, while retail earnings continue to pour in and Fed minutes are due later.
After stocks rallied yesterday on news that the potential trade war between the U.S. and China was being put on hold, the positive news flow continued.
Target Corporation reports first-quarter earnings before market open on Wednesday, May 23. Here’s a look at what might be expected from the retailer’s quarterly report.
Deere earnings, along with U.S. and China trade talks, are among the items in focus as the week draws to a close. Oil prices and Treasury yields remain in the spotlight, as well.
Wal-Mart results came in better than Wall Street analysts had projected, helped in part by strong e-commerce performance. The question is whether stocks can rise in the face of a continued rally in Treasury yields.
Investors appeared to be searching for direction Wednesday morning after yesterday’s selloff amid strong earnings news from Macy’s (M), mixed housing data and new worries over North Korea.
Might the eight-day winning streak for the Dow Jones Industrial Average may be ending? A revenue miss by Home Depot and China trade concerns weight markets in early trade.
for thinkMoney ®
Financial Communications Society 2016
for Ticker Tape
Content Marketing Awards 2016
Market volatility, volume, and system availability may delay account access and trade executions.
Past performance of a security or strategy does not guarantee future results or success.
Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.
Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request.
The information is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Clients must consider all relevant risk factors, including their own personal financial situations, before trading.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.
TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2018 TD Ameritrade.