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Market Commentary
A Stronger than Expected Jobs Report Casts Doubt on Rate Cut
An unexpected jump in June Non-Farm Payrolls while positive reduces the possibility of the Fed cutting interest rates at their next meeting. Friday’s market saw SPY and QQQ end the day on the negative side of things while IWM closed strong in the green. Early Monday...
read moreStocks Advance as Gold Continues its March Higher
SPY hit a new all-time high yesterday as QQQ knock on the door. IWM slipped yesterday, but overall the market continues to push higher. Volume was light and this is expected as we head into the 4th of July holiday. Earnings season is around the corner too, keep this...
read moreDeal or No Deal?
Over the weekend China and the US agree not to slap additional tariffs on each other’s goods as the two sides continue to negotiate a trade deal. Futures across the board are higher as a result as we head into the week. Friday we say small caps move higher leading the...
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