Monday, January 29, 2018

Trading Wins A Blip On The Radar - Market Update January 29th, 2018


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In tonight's update, Vince covers:

1) U.S. equities had their worst day of the year but is it any reason for concern? The Dow Jones Industrial Average dropped 177.23 points, the S&P 500 fell 19.34 points while the Nasdaq closed lower by 39.27 points and the Russell 2000 finished lower by 9.95 points.


2) Bonds were the real story on Wall Street today as the yield on the 10-year benchmark bond broke above 2.7%. This could continue to put pressure on equities and could cause a significant sell-off if the yield on the 10-year bond rises above 3%.  

3) Today's trading session is the type that can instill fear into traders and cause them to pause but it is also the type of session that can provide many opportunities to profit. Here's the one technique you can use to find new opportunities.


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