Entries by euitsols

Trump Claims Victory for Jobs Report as Dow Soars

© Reuters. By Liz Moyer Investing.com — President Donald Trump appeared in the Rose Garden Friday morning to claim victory for an unexpectedly strong May jobs report. The unemployment rate in May fell to 13.3%, the Labor Department reported on Friday, confounding expectations as hiring rebounded. Economists had predicted the unemployment rate would rise to…

S&P 500 Surges as VIX ‘Fear-Gauge’ Implodes Post-Jobs Report

S&P 500 PRICE OUTLOOK: VIX INDEX, CROSS-ASSET VOLATILITY PLUNGES AFTER JOBS DATA S&P 500, Dow Jones, Nasdaq explode higher with stocks surging in response to shockingly better-than-expected monthly jobs data VIX Index ‘fear-gauge’ collapses below its 200-day moving average as investor sentiment improves and cross-asset volatility normalizes The headline NFP figure provided a reason for…

Natural Gas Price: May Rally Further As Support Level Holds

Natural Gas Technical Forecast Bears ease up-selling pressure Will bulls take charge? Natural Gas Price – Indecisive Traders On Friday, natural gas declined to a two-week low at $1.772 then rallied after and closed the weekly candlestick with a Doji pattern signaling the market’s indecision at this stage. Alongside that, the Relative Strength Index (RSI)…