December 2016

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.03%) are little changed, up +0.05%, as a -0.85% decline in Jan WTI crude oil (CLF17 -1.08%) weighs on energy producing stocks. Crude oil is under pressure on concern over whether OPEC will be able to adhere to its recently announced production cuts. European stocks are up +0.70% Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.34%) are up +0.46% and European stocks are up +1.28% at a 3-week high as the markets recovered from a brief sell-off after Italian voters voted ‘No” to Prime Minster Renzi’s constitutional reforms. Dec mini S&Ps had dropped to a 2-week low and EUR/USD (^EURUSD)tumbled to a 20-month Read More

The Month of November has finally printed a strong bullish bar, engulfing pattern and a pinbar shape on sloping 8 EMA, penetrating deeply the upper Monthly Bollinger band, a very bullish picture for the mid term. However, for that important formation to develop, a thrust up above the High is needed to be set in Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 -0.26%) are down -0.29% at a 1-1/2 week low and European stocks are down -1.28% at a 3-week low on concern over higher interest rates and rising political risks in Europe. This morning’s U.S. Nov non-farm payrolls report may boost expectations for faster Fed rate increases while a Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 -0.14%) are down -0.08% and European stocks are down -0.75% as investors remained sidelined ahead of Friday’s U.S. monthly non-farm payrolls report, Italy’s vote Sunday on constitutional reform and next Thursday’s ECB meeting. Interest rate concerns are also weighing on stocks with the 10-year T-note yield climbing to Read More