Market Trading Range Continues For Now - InvestingChannel

Market Trading Range Continues For Now

4-21-2015 5-49-24 PM Trading

There was little news Tuesday so markets drifted while tech was higher in anticipation of good earnings later this week. (After the close, Yahoo (YHOO) and Chipotle (CMG) missed on earnings.)

Europe stocks were higher as QE continues to support bulls even as the ECB may run out of bonds to buy.

Emerging markets were higher led once again led by China markets primarily as fresh domestic retail investors continued their panic buying regardless of fundamentals or anything else for that matter.

Oil prices fell as Saudi Arabia called a halt on Yemen bombings and as US and Iranian warships entered disputed waters. The dollar was flat and bonds were weaker but gold gained modestly.

Leading market

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