That Work.

Market Rallies on Trade Rumors

The stock market had a very positive session on Thursday, although they started out with futures lower. They gapped down, and within a minute, or two, they started to rally and rallied all day, with a very sharp pop in the morning, backed and filled, and formed wedges. They broke out to the upside, tested the highs, but they continued to consolidate sideways for a few hours on the Nasdaq 100 while the S&P 500 continued with nominal new highs. In the afternoon, when rumors hit that the U.S. was considering lifting tariffs on China, the market literally exploded, and within fifteen minutes,