Market Update for September 3, 2018

In today's video:

1) Stocks closed mixed on Friday after the U.S. and Canada failed to reach a deal on trade. Negotiations are expected to continue this week. The Dow Jones Industrial Average dropped 22.10 points, the S&P 500 gained 0.39 points while the Nasdaq 100 closed higher by 21.17 points the Russell 2000 finished higher by 8.40 points.

2) The U.S. dollar bounced nicely on Friday and could make a run toward its recent high while the Bond market traded slightly lower and the yield on the 10-year treasury note settled at 2.860. Both Gold and Crude Oil Futures closed little changed on Friday.

3) From a technical analysis perspective the U.S. equity markets continue to look very strong and this week there are several economic data reports scheduled to be released that have the potential to give the markets an even bigger boost. In today's video, we will list the reports that could have the biggest impact on the equity markets.

 

 

 

 

 

 

 

 

 

 

 

 

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

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