Stock benchmarks on Wednesday were trading in positive territory, but the Dow was off its intraday highs, as investors reacted to upbeat comments on U.S.-China trade talks but weighed a shaky a private-sector employment report.
High-level discussions that began in Beijing last week are set to resume Wednesday in Washington, as China’s Vice Premier Liu He prepares to meet with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. The parties hope to set the stage for a summit between President Donald Trump and Chinese President Xi Jinping, where a final trade agreement could be signed as early as this month, though the timing of deal remains uncertain.
The president blames Mnuchin for recommending Powell for the job, while reportedly telling Powell in a recent phone conversation that “I guess I’m stuck with you.” Shares of Blue Apron Holdings Inc. APRN, +7.34% may be in focus after the meal-delivery company late Tuesday said Chief Executive Bradley J. Dickerson had resigned. The company appointed former Etsy executive Linda Kozlowski to replace him. Shares are up 11.1% in premarket trade.
The Institute for Supply Management’s services sector gauge fell to 56.1% in March, down from 59.7% in February. Economists polled by MarketWatch had expected a 58.1% reading.
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Clues may be embedded in FXI ETF (China large cap) chart as we watch how the upcoming deal affects it. We see a macro double top around 53.50 area marked as April 2015 and January 2018 values. The ETF is trading around 45.40 today and we see resitance at 2018 lows of 46.20
This market needs to correct already I wanna go long but not at these levels. Sell the news needs to happen now please and thank you
Next week - trade deal is 91% done. Following week- trade deal is 92% done. Etc...
One has to be impressed with how the market is being taken over with hype as the S&P creates a potential head and shoulders top, left Shoulder January 2018, Head Sept 2018, right Shoulder April 2019. Here are the underlying issues in our analysis.
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Stocks set to rise | Caterpillar shares fall | US-China reportedly near trade dealOptimism over the resumption of China trade talks is helping kick start stock futures this morning. US equity markets have been rigged by the FOMC. The Fed, in December 2018, began purchasing equity index futures to stave off the drop they created. The rise since 12/24, is nothing more than hot air. The FOMC will be sued in the coming weeks for racketeering. With all the Fantastic Computer Specialists and Technology Buffs why can’t Apple ever announce that they are 12 months away from 5 G Huawei Samsung and even Erickson are almost there 6-12 months for Huawei no wonder the USA doesn’t want any Allies to take up COME ON APPLE
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European stocks seen slightly higher on report of US-China trade breakthroughEuropean shares are set to open higher after a report said the U.S. and China are making swift progress in trade talks. Good So many breakthroughs... everyday This is a hell of a manipulation scam, this deal/no deal crap...
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Asia stocks set to gain as US-China trade talks resumeShares in Asia were poised to see opening gains on Friday morning as trade negotiations between the U.S. and China continue in Beijing. LOL... Again? How many times will they go up on the same BS? Why don't they include the ending of the torture of dogs and cats by the Chinese? Doesn't this rate as a good thing, an important one? EndYulinDogmeatFestival
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If stocks rally on a US-China trade deal, 'take profits very quickly,' Stephen Roach saysFormer Morgan Stanley Asia chief Stephen Roach believes the U.S. will see limited benefits from a trade deal with China. The need 2 bankrupt the system...? (Bigger investors first taking the debt collection on a .... (22 trillion expense 2 b paid b 4 the 'take profits...? )) Bad advice .
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European stocks set to climb on US-China trade optimismEuropean shares are set to start Friday's session in positive territory, with investors hopeful of progress in U.S.-China trade talks.
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Asian stocks gain on hopes of progress in U.S.-China trade talksAsian shares rose on Friday, led by a surge in Chinese equities, on hopes that W... Awesome Just hopes until hoples
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Stocks set to rise on hopes the US and China are close to a trade dealU.S. stock futures climbed Wednesday on optimism over U.S.-China trade talks. But the orange man bad!!! Orange man evil!!! No way So on 3 March 2019 stocks were set to rise on hopes of a US China trade deal. Now on 4 April 2019 stocks are set to rise on hopes of a US China trade deal. They should just never sign the trade deal so that way stocks can just keep on rallying on hopes of a trade deal forever.
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Stocks set to rise on strong China data, trade progressU.S. stock futures traded higher on Monday following strong manufacturing data out of China. China PMI april’s fool figure PAINT A BULL FLAG AND PUUUMP IT!
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