Wall Street pulled back on Friday as investors reacted to rising U.S. Treasury yields and renewed pressure on technology stocks following the conclusion of the latest U.S.–China summit.
Friday’s April payrolls report showed the U.S. added about 115,000 jobs, above expectations.
These are the things that separate traders who understand a pattern from traders who know how to use one.
Equities advanced this week, brushing off a series of major market-moving events with surprising ease.
Showing you the trend and generating a trade are two completely different things.
Speculative corners of the market have taken the lead in April, with high-risk baskets posting outsized gains as investors appear to be chasing beta over fundamentals.
Two lows on a chart does not automatically make a double bottom.
Wall Street extended gains Friday afternoon as easing tensions in the Middle East improved investor sentiment, though uncertainty around key shipping routes remained.
The rhetoric around geopolitical risk has gotten loud.
The cheapest stock in America is up 520% in a year. Those are two things that shouldn’t go together.