PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 -0.13%) this morning are down -0.16% and European stocks are down -0.40% as a slide in crude oil prices undercuts energy producing stocks. Apr WTI crude oil (CLJ17 -1.25%) is down -1.25% on negative carry-over from Friday’s data from Baker Hughes that showed active U.S. oil rigs rose Read More
March 2017
The passing week ended as a small range Weekly bar, closing at the middle. The importance of this bar is the thrust sown made below the Weekly Low (the previous Weekly bar was an inside bar). The fact that the price took out the Weekly Low brings much more validity in case the new Weekly Read More
PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 unch) this morning are little changed, down -0.01%, as the markets focus on a meeting today in Washington D.C. between U.S. President Trump and German Chancellor Merkel. Stock losses were limited as a +0.47% increase in Apr WTI crude oil prices (CLJ17 +0.55%) lifted energy producing companies. European Read More
PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 +0.25%) this morning are up +0.25% at a 2-week high and European stocks are up +1.16% at a 1-1/4 year high on a less hawkish Fed and after pro-Europe parties won elections in the Netherlands. The FOMC did not signal a faster pace of tightening as they kept Read More
PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 +0.24%) this morning are up +0.16% and European stocks are up +0.05% as a rally in crude oil prices lifts energy producing stocks. Apr WTI crude (CLJ17 +2.14%) is up sharply by +2.01% after API data released late Tuesday showed U.S. crude stockpiles fell -531,000 bbl last week. Read More
PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 -0.19%) this morning are down -0.14% and European stocks are down -0.29% as the FOMC begins its 2-day policy meeting today where the markets are expecting a 25 bp rate hike in the federal funds rate. European stocks fell and GBP/USD slid -0.74% to a 1-3/4 month low Read More
PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 -0.03%) this morning are down -0.08% and European stocks are down -0.09% as weakness in crude oil prices undercuts energy producing stocks. Apr WTI crude oil (CLJ17 -0.39%) is down -0.80% at a fresh 3-1/2 month low on negative carryover from Friday’s data from Baker Hughes that showed Read More
The sequence of six consecutive bullish Weekly bars has ended with a small bearish bar, but still an inside Weekly bar. Most of the price action throughout the passing week was held in relatively tiny Daily bars, in the shadow of the big Marabuzo Daily bar that printer on the 1st day of the month. Read More
PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 +0.34%) this morning are up +0.38% and European stocks are up +0.81% at a 15-month high as strength in crude oil lifts energy producing stocks with Apr WTI crude oil (CLJ17 +0.69%) up +0.65%. Also, optimism that this morning’s U.S. Feb non-farm payrolls report will show a strong Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.11%) this morning are down -0.08% at a 1-week low and European stocks are little changed, up +0.02%, as weakness in energy producers drags the overall market lower. Apr WTI crude oil (CLJ17 -2.29%) is down -1.73% at a 3-1/4 month low on signs the global oil glut Read More