PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.06%) are up +0.06% and European stocks are up +0.10% in thin holiday trade. Markets in the UK, Australia and Hong Kong are closed today for holiday. A +0.30% rally in Feb WTI crude (CLG17 +0.26%) is positive for energy producing stocks, although a -0.22% decline in the Read More
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Another narrow range Weekly bar was printed, with consolidation and shortening of the thrust. Yet, a new all time High. Still it is a clear strong bullish momentum, and this is the 7th consecutive week to penetrate the upper Weekly Bollinger band. The market is approaching the upper Bollinger band on the Quarterly and the Semiannual Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.04%) are unchanged in thin pre-holiday trade and European stocks are up +0.04% on strength in bank stocks led by a nearly 3% increase in Deutsche Bank after it agreed to pay $ 7.2 billion to resolve a years-long U.S. investigation into its dealings in mortgage-backed securities. Also, Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.09%) are down -0.09% and European stocks are down -0.04% in quiet trade. A -1.18% decline in Mar COMEX copper (HGH17 -0.92%) to a 1-month low is undercutting mining stocks, while a -0.40% fall in Feb WTI crude oil (CLG17 -0.53%) is putting pressure on energy producing stocks. Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.08%) are little changed, down -0.07% in uninspired trade, and European stocks are down -0.37% on weakness in bank stocks. Spanish bank stocks sold-off, with Banco Sabadell SA down over 7% and Banco Popular down 10%, which put pressure on the overall market after the EU Court of Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.20%) are up +0.20% and European stocks are up +0.30% on improved prospects for global growth after Japan’s Cabinet Office hiked its Japanese 2017 GDP forecast. Also, energy producing stocks are higher with the price of Feb WTI crude (CLG17 +0.53%) up +0.62%. Crude oil prices are higher Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps are up +0.12% as energy producing stocks climb with Jan WTI crude oil up +0.21%. Crude oil rose after Libyan oil-facility guards prevented two of the country’s biggest oil fields from resuming production. European stocks are down -0.09%, led by losses in mining stocks, as the price of Mar Read More
After reaching the post election Daily pinbar’s target, at 19760 right on last Monday, the market consolidated for the rest of the passing week above that target. It was the 6th consecutive week to penetrate the upper Weekly Bollinger band revealing a strong bullish momentum and since the passing week closed outside the upper band, Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.20%) are up +0.14% and European stocks are up +0.54% at an 11-1/2 month high. M&A activity is boosting European stocks with Actelion up over 8% after people with knowledge of the matter said Sanofi is in talks to acquire the company. According to Bank of America’s Merrill Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 -0.08%) are up +0.04% and European stocks are up +0.98% at an 11-1/4 month high. Gains in U.S. equities were muted as the 10-year T-note yield jumped to a 2-year high of 2.63% as the Fed yesterday signaled a faster pace of rate hikes next year. As expected, Read More