March 2017

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.05%) this morning are down -0.05% and European stocks are down -0.15% as weakness in crude oil prices undercuts energy producing stocks. Apr WTI crude oil (CLJ17 -0.98%) is down -0.96% after API data late Tuesday showed U.S. crude inventories surged +11.6 million bbl last week. Mining stocks Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.18%) this morning are down -0.15% and European stocks are down -0.14% as weakness in metals prices undercuts mining stocks and raw-material producers. Apr gold (GCJ17 -0.09%) is down -0.15% at a 2-1/2 week low as expectations mount for a Fed rate hike at next week’s FOMC meeting, Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps this morning are down -0.24% and European stocks are down -0.37% as weakness in commodity prices undercuts energy producers and mining stocks. Marathon Oil and Kinder Morgan are both down more than 1% in pre-market trading as Apr WTI Crude oil falls -0.77% after data from Baker Hughes Friday Read More

The passing week was a typical week of this massive rally. On the Weekly timeframe the price action doesn’t seem to be stretched up, but on the Monthly timeframe it is. This is the 5th consecutive month to penetrate deeply the upper Bollinger band, very rare for this timeframe, and reveal the strength the market Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.14%) this morning are down -0.16% ahead of speeches today from Fed Chair Yellen and Vice Chair Fischer that may add to the recent hawkish Fed commentary that increases the chances of a Fed rate hike later this month. European stocks are up +0.46% at a 1-1/4 year Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.09%) this morning are down -0.10% as they consolidate following Wednesday’s rally to a new all-time high. European stocks are down -0.13% on concern that mounting price pressures may prompt the ECB to begin tapering QE. Eurozone Feb CPI rose +2.0% y/y, the fastest pace in 4 years, Read More

PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.51%) this morning are up +0.44% at a new all-time nearest-futures high and European stocks are up +1.57% at a 14-1/2 month high on signs of global economic strength. President Trump’s address to Congress last night turned out to be a non-event as it lacked specifics on his Read More