July 4, 2019 10:26am

Markets are closed Thursday for Independence Day.


Independence but, not from volatility!!

Independence Day commemorates the Declaration of Independence on July 4, 1776. The Continental Congress declared that the thirteen American colonies were no longer subject to the monarch of Britain and were now united, free, and independent states.


Monday’s cadre of my 45 covered companies closed to the downside with a negative Advance/Decline (A/D) line of 19/23, Tuesday closed again negative with a A/D line of 11/30 while Wednesday closed positive with an A/D line of 31/10 …

Independence but, not from volatility!!


While markets started July on strong footing, with the S&P 500 clinching a fifth consecutive session of gains Wednesday. The blue chip index closed at a record high for a third straight day.

All eyes will be on the U.S. labor market come Friday!

 A hint of what may lie as new data showed that private sector employment rose by a less-than-expected 102,000 jobs in June, according to ADP/Moody’s monthly report released before the bell.