The Defensive Sectors And VIX Have NOT Given The All-Clear Signal
The market has been a rollercoaster lately, with the resilience of defensive sectors and the modest bounce in the technology sector painting an intriguing picture.
Relief Rallies Close The First Of The Gaps Down; Is There More To Come?
The Russell 2000 finds itself in the $207.50-210 zone that had marked breakout resistance in spring and early summer. The most recent of the gaps has closed, so resistance may once again come to the fore in the coming days.
EUR/USD Cycles Near 1.0900 As Fiber Traders Tread Water
EUR/USD went nowhere fast on Thursday, testing the 1.0900 handle before wrapping up the day’s action close to where it started.
Cannabis MSO TerrAscend Q2 Financial Metrics Were All Down
Jason Wild, Executive Chairman, reports that "We are closing in on multiple transactions to expand our geographic footprint and the recent closing of our $140 million term loan provides financial flexibility and fuel to execute this growth strategy."