U.S. futures are coming under pressure ahead of the open on Wednesday, following reports from a Chinese official that the country is considering cutting or halting its purchases of U.S. Treasuries.
But is it Mr. Claus or someone else? This year is a bit different in the context of just how upbeat the equities outlook has become.
The S&P 500 hit a new record high on Wednesday, while Treasuries continued to sell off after President Trump announced the tax plan framework, giving the dollar another boost against its major counterparts.

The U.S. equities have had quite an upside run since Donald Trump’s somewhat surprising presidential victory in last November’s U.S. general election.

Equities.com, the emerging growth financial media and investor community, and Tradier Brokerage Inc. a leading brokerage service, announced the launch of unlimited trading on the Equities.com platform via Tradier Brokerage Inc.
Wall Street was down today, with the benchmark S&P 500 Index marking its biggest decline in four weeks, as a sharp drop in oil prices weighed on energy stocks.

Speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).

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