PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.03%) are down -0.06% on light profit-taking after climbing to a new record nearest-futures high in overnight trade. European stocks are up +0.42% at a 2-1/2 week high on strength in bank stocks. U.S. stock indexes were undercut by a -0.68% decline in Mar WTI crude oil (CLH17 Read More
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PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.02%) are little changed, down -0.05%, and European stocks are up +0.07% ahead of this morning’s testimony from Fed Chair Yellen to the Senate Banking Committee on clues as to the direction of U.S. monetary policy. European stocks found support on strength in automakers on possible increased M&A Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.16%) are up +0.14% at a fresh all-time nearest-futures high and European stocks are up +0.73% at a 2-week high. Global stocks rallied Monday, spurred on by gains Friday in U.S. stock indexes to record highs. Gains in commodity producing stocks are leading the overall market higher as Read More
A bullish week has passed achieving the target of the Weekly election’s week Spring bar at 20230. The open gap above mentioned here last week was closed right on last Monday, and taking out this reaction’s High (the High of Monday) was a good bullish signal for the rest of the week. Currently the market Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.10%) are up +0.07% at a new record nearest-futures high on optimism President Trump’s pledge to overhaul business taxes will boost economic growth. Stocks also received a boost after Chinese trade data showed China’s Jan exports and imports rose more than expected, a positive sign for the global Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.19%) are up +0.22% and European stocks are up +0.93% on the heels of a rally in European bank stocks. Societe Generale SA is up almost 2% as it leads European bank stocks higher after reporting better-than-expected quarterly earnings results. A +0.96% rally in Mar WTI crude oil Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.01%) are up +0.01 and European stocks are up +0.19% on improvement in company quarterly earnings results. Rio Tinto is up over 2% as it posted its first annual profit in 3 years. Rio Tinto also announced a $ 500 million share buyback after a recovery in iron Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.31%) are up +0.30% and European stocks are up +0.40%. EUR/USD (^EURUSD) is down -0.71% at a 1-week low, which is giving European exporter stocks a boost, as the weaker euro boosts the earnings prospects of exporters. EUR/USD was undercut after German Dec industrial production unexpectedly fell -3.0% Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.04%) are up +0.01% on positive carry-over from Friday’s employment data that showed U.S. employers added the most jobs in four months. European stocks are down -0.19%, led by losses in automakers, after Bank of America-Merrill Lynch downgraded the sector to underweight. Another negative for European equities is Read More
The passing week ended eventually as a bullish pinbar on sloping Weekly 8 EMA, also an inside Weekly bar. The market has started the passing week with a gap down, and spent most of the time at the lower level of the Daily range, finally with the NFP news, rallied back up, but hasn’t managed Read More