Markets ended Thursday higher after a volatile session. The S&P 500 found support at its 50-day ema. Final hour rallied to a high for the day.
Eight of ten sectors gained. Big note energy lead throughout the day. Has it bottomed or will oil drop again bringing that sector down?
Watching these main sectors to define its trend: Financial (XLF), Materials (XLB), Technology (XLK), Industrials (XLI).
10 year yield at 1.96%
AA reported earnings last night. The company missed revenue targets which were blamed on the stronger dollar likely becoming an overall theme with multi-nationals. We discussed this in the coaches show tuesday.
Volatility Index (VIX) closed under $14 & global markets are seeing multi-year highs today after Greece announced it will honor a loan payment to the ECB ahead of their deadline. Germany also released positive industrial production numbers to ease concerns in the region.

Economic release for Friday
08:30 Export Prices ex-ag.
08:30 Import Prices ex-oil
14:00 Treasury Budget Mar

Earnings
Nothing big

—

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis.  This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise.  Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products.  By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials.  In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.