News

PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 -0.12%) this morning are trading mildly lower on a -2% overnight sell-off in Apple on disappointing quarterly earnings results as iPhone sales are being slowed as people wait for upgrades on new versions. The markets are waiting for outcome of today’s FOMC meeting, which is expected to produce Read More

PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 -0.08%) this morning are trading slightly lower as the markets look ahead to the 2-day FOMC meeting that begins today and this coming Sunday’s French presidential election. European stocks are trading mildly higher by +0.22% after Monday’s holiday on positive earnings and a negotiation breakthrough on Greece. BP Read More

PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 +0.19%) this morning are up +0.20% as a tentative deal by the U.S. Congress to avert a government shutdown gives equity prices a lift. European markets and most Asian markets are closed today for the Labor Day and May Day holidays. U.S. House and Senate members reached a Read More

The news from France changed the atmosphere , and the crawling consolidation down we had for the last one and a half months has changed into a volatile price action with a gap up. All the bearish setups that were in play got stopped out, and this is exactly the issue with bucking a strong trend Read More

PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 +0.10%) this morning are up +0.07% and European stocks are up +0.11%. Strength in company quarterly earnings results are giving the overall market a boost with Amazon.com up over 3% and Alphabet up 4% in pre-market trading. Gains were limited on lingering geopolitical concerns after President Trump warned Read More

PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 +0.17%) this morning are little changed, up +0.06%, after Preisident Trump ruled out a withdrawal from NAFTA. European stocks are down -0.40% ahead of today’s ECB meeting and press conference from ECB President Draghi that may provide clues as to when thee ECB may begin to exit from Read More

PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 -0.04%) this morning are down slightly by -0.04% before President Trump unveils the outlines of his tax plans later today. The upside in equities was limited and European stocks slipped -0.30% as energy producing companies declined as the price of Jun WTI crude (CLM17 -0.67%) dropped by -0.48%. Read More

PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 +0.17%) this morning are up +0.17% and European stocks are up +0.19% at a 20-month high on positive carry-over from Sunday’s presidential elections in France. The results of the election have reduced market uncertainty as pro-EU candidate Macron holds a substantial lead in the polls ahead of France’s Read More

PREMARKET WORLD NEWS Jun E-mini S&Ps (ESM17 +1.10%) this morning are up by +1.18% to a 5-week high and European stocks soared 3.88% to a 1-1/2 year high as global equity markets rallied sharply and EUR/USD (^EURUSD) jumped +1.21% to a 5-1/2 month high on optimism that pro-EU candidate Macron will become France’s next president. Read More

Over the passing week, the market has continued its shallow correction. The price action was pretty much the same as the previous weeks. Currently the Dow is the weakest index among the main US indices. The important indication is the Monthly Low being taken out, but we should remember that it came after 5 consecutive Read More