Author: Dow Futures

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.05%) are down -0.13% and European stocks are down -0.72%. A +0.07% increase in the dollar index (DXY00 +0.10%) to a new 13-1/2 year high has undercut commodity prices and is leading commodity and raw-material producing stocks lower. The likelihood of a Fed rate hike next month has Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.14%) are up +0.09% and European stocks are down -0.02%, both little changed ahead of Fed Chair Yellen’s testimony this morning before the Joint Economic Committee of Congress. Dec WTI crude oil (CLZ16 +1.54%) is up +1.12% and is nudging energy producing stocks higher as OPEC and Russia Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 -0.34%) are down -0.23% as they retreat from a new contract high posted in overnight trade and European stocks are down -0.44% after weaker oil prices and interest rate concerns pressured equities. Dec WTI crude oil (CLZ16 -1.24%)is down -1.57% after the API late yesterday reported that U.S. Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.14%) are up +0.19% and European stocks are up +0.04% as a rally in oil prices lifts energy producing stocks. Dec WTI crude oil (CLZ16 +3.35%) is up sharply by +3.60% as Qatar, Algeria and Venezuela are leading a push to overcome a divide among OPEC’s biggest oil Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.12%) are down -0.02% and European stocks are little changed, up +0.13%, as weakness in energy producing stocks drags the overall market lower with Dec WTI crude oil (CLZ16 -1.36%) down -1.27% at a 1-3/4 month low. Stock prices had moved higher in overnight trade, led by a Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 -0.45%) are down -0.48% and European stocks are down -0.37%, led by weakness in technology stocks with Apple, Amazon.com and Facebook all down at least 1% in pre-market trading. Weakness in oil producing stocks is also pressuring the overall market with crude oil prices (CLZ16 -1.39%) down -1.63% Read More

PREMARKET WORLD NEWS Dec E-mini S&Ps (ESZ16 +0.32%) are up +0.58% at a 2-month high as drug makers and bank stocks rallied in pre-market trading on speculation the Trump administration will mean less regulatory oversight in those sectors than had Mrs. Clinton won. Allergan Plc, Pfizer, Goldman Sachs and JPMorgan Chase are all up over Read More

U.S. stock futures are pointing lower in pre-market trading for Monday, June 27. The Dow Futures are down -86.00 points to 17161.0. The S&P 500 Futures are down -10.00 points to 2008.5. The Nasdaq Futures are down -26.00 points to 4236.25. The Russell Futures are down -10.70 points to 1104.4. In overnight trading in the Read More

On the Monthly chart, the most important bars are those of AUG2015, and JAN2016. Both are huge bearish bars each one with a range of almost a typical Yearly bar. AUG2015 was an attempt to take out the low of year 2014, and took out the major LLBH (Last Low Before High) made on OCT2014. Read More

Global oil prices have risen for the fourth straight day, with US prices jumping after a government report predicted a drop in US shale-oil production. West Texas Intermediate for May delivery, the benchmark Dow Futures contract, added US$ 1.38 (NZD$ 1.04) to close at US$ 53.29 a barrel on the New York Mercantile Exchange on Read More