THE SUMMARY – THE WHAT The S&P 500 index tumbled at the opening of the holiday-shortened week (markets were closed on Monday for Memorial Day)the in the wake of several news headlines reeling the global markets, including Italy’s political drama that threatened a European debt crisis. The index fell sharply below its 100 DMA during (more…)
THE DETAILS -The How, Where and Why As investors digested the developments in Italy’s political situation, markets stabilized during Wednesday. The gains however came under assault on Thursday as trade war concerns were back on investors’ plate after the Trump administration announced its decision to impose strict import duties on Canada, Mexico and the European (more…)
