Friday, April 20, 2018

Stocks, Bond Yields Stumble On Trump Lawsuit, Draghi Disappointment

US equity markets were already rolling over when they got a double-whammy kick lower, first from Draghi practically admitting defeat over EU economic weakness and second from Democrats" lawsuit against Trump...



Add to those two headlines the fact that The S&P 500 and Dow broke their 50- and 100-DMA, and the markets took a dive...





 



Led by Nasdaq...





 



VIX spiked above 17...





 



Treasury yields are rolling over...





 



The Dollar remains higher but is fading since The Democrats" lawsuit...





 

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