Wednesday, January 31, 2018

Trading Wins A Volatile Session - Market Update January 31st, 2018


To get email updates of follow us at BullzeyeTrader.com


In tonight's update, Vince covers: 1) Another volatile trading session for U.S. equities but this one ends with stocks closing mostly higher. The Dow Jones Industrial Average gained 72.50 points, the S&P 500 added 1.38 points while the Nasdaq closed higher by 9 points and the Russell 2000 finished lower by 7.83 points.
2) Janet Yellen leaves rates unchanged on her way out as Fed Chair. Stocks briefly dropped after the announcement after the Fed noted that inflation expectations have been rising. There is a 90% chance of a rate hike in March.
3) It was another big day on the earnings front today as BA and EA gapped up big at the open. After-market close, we received reports from FB, T and MSFT. All three beat expectations and were trading higher in after-hours trading.
To watch video http://bit.ly/TradingWinsJan312018

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.