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

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.26%) are up +0.22% and European stocks are up +0.32% at a 1-week high as strength in energy producing stocks leads the overall market higher. Jan WTI crude oil (CLF17 +7.96%) has surged +7.12% to a 1-week high after OPEC ministers expressed optimism about a deal to cut Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.22%) are up +0.14% and European stocks are up +0.33%. Equities received a boost after Eurozone Nov economic confidence rose to the highest in 11 months, although trading was subdued ahead of the OPEC meeting Wednesday and Sunday’s referendum in Italy on constitutional reforms. On the negative side, Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 -0.21%) are down -0.37% as prices consolidate following Friday’s rally to a record high. European stocks are down -0.77%, led by a sell-off in Italian bank stocks, as Italian Prime Minister Renzi faces a referendum next Sunday that may see voters reject his constitutional reform and force him Read More

After a narrow range week, the market renewed the thrust up, printing a strong bullish week with no Daily exception. Interestingly, the market skipped the important resistance above is the 19080-19100 level area, (19087 is the 161.8% extension of the bearish market of 2007-2009, but we are currently still in that area, and of course Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.20%) are up +0.16% at a new all-time nearest-futures high as trading resumes from Thursday’s Thanksgiving holiday. Stock prices are still getting a boost on optimism that President-elect Trump’s pledges to increase fiscal spending and cut taxes will spur economic growth and corporate profits. European stocks are little Read More