February 2017

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.06%) this morning are down -0.02% on light profit taking ahead of U.S. President Trump’s first address to Congress tonight where he is expected to layout specifics to his policy plans. Also, retail stocks are lower, led by a 4% decline in shares of Target, after it reported Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.03%) are little changed, up +0.01% at a new record nearest-futures high, and European stocks are up +0.19%. Market activity is muted as stocks move sideways ahead of U.S. President Trump’s address Tuesday before a joint session of Congress where he is expected to lay out his plans Read More

The Dow continues to climb, achieving every possible target it had set on all major timeframes. On the passing week, we’ve reached the target of the Semiannual bullish pinbar (of the first half of 2016), at 20800. The interesting part is that every reaction is rapidly ended with a new sign of strength, like the Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.41%) are down -0.47% and European stocks are down -1.19%. Uncertainty ahead of France’s presidential election in April and Tuesday’s speech to Congress from President Trump has fueled long liquidation in stocks. European political risks have increased as far-right French presidential candidate Marine Le Penn, who wants to Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.04%) are up +0.06% and European stocks are up +0.08% on strength in energy producing stocks. Chesapeake Energy and Haliburton are both up over 1.5% in pre-market trading on strength in crude oil prices. Apr WTI crude oil (CLJ17 +1.42%) is up +1.31% after the API late Wednesday Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.17%) are down -0.15% and European stocks fell back from a 14-month high and are down -0.23%. Long liquidation ahead of today’s minutes of the Jan 31-Feb 1 FOMC meeting weighed on U.S. stocks, while concern over the outcome of the French presidential election weighed on European stocks Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.24%) are up +0.23% at a new all-time nearest-futures high and European stocks are up +0.38%. Signs of strength in the European economy are giving stocks a lift after the Eurozone Feb Markit composite PMI expanded at the fastest pace since the data series began in 2014. A Read More

Another bullish week has passed. A very strong thrust up that caused the reaction on last Thursday and Friday to stay as inside bars and to close on the highs, a very bullish picture. Every near target mentioned in the past review was accomplished rapidly with out any important reaction, a very tensed price action Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.21%) are down -0.21% and European stocks are down -0.42% as increased French election risks fuel long liquidation is stocks. Apr COMEX gold (GCJ17 +0.14%) is up +0.13% at a 1-week high and government bond prices are higher on increased safe-haven demand as the 10-year German bund yield Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.16%) are down -0.17% and European stocks are down -0.40% as prices consolidate following seven consecutive days the S&P 500 has rallied and posted new record highs. A 2% decline in Nestle SA is dragging European stocks lower after its new CEO, Mark Schneider, said it will take Read More