Market Update for September 17, 2018
In today's video:
1) FAANG stocks took a bite out of the U.S. Equity markets today as all four main Equity indexes closed lower. The Dow Jones Industrial Average dropped 92.55 Points, the S&P 500 fell 16.18 points while the Nasdaq 100 closed lower by 114.25 points and the Russell 2000 finished lower by 18.17 points.
2) The U.S. dollar continued its slide today while the Bond market was flat and the yield on the 10-year treasury note held steady at 2.991%. Crude Oil Futures dropped slightly and Gold Futures gained $4.50 or 0.37%.
3) The Fall season is usually an active one for the U.S. Equity markets and this upcoming fall season should be very active providing Traders and Investors with plenty of profit-making opportunities. This coming Saturday, September 22nd we will be hosting our annual 2018 Fall Kickoff trading event featuring five different Market professionals covering various topics. Watch today's video update for full details.
About the author
Vince Vora is the head trader at TradingWins.com. Over the last three decades, he has been trading and refining his trading systems that are based on technical analysis and price action. Over the last few years, his focus has been on teaching people how to become better traders. His systems range from simple to sophisticated and can be used in any market conditions to trade stocks, options, futures and forex. By: TradingWins Team
