PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.79%) are up +0.78% and European stocks are up +0.27% at a 1-year high on signs of strength in the global economy. A gauge of manufacturing in China climbed at its fastest pace in 4-years last month, while UK manufacturing activity last month expanded at the fastest pace Read More
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The market closed the year with a minor retracement week. It was the first week for the past 8 weeks not to penetrate nor touch the Weekly upper Bollinger band. While on the Weekly and Monthly timeframes, everything looks very bullish, the important distinction is on the Quarterly and Semiannual timeframes. Eventually, the thrust of Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.20%) are up +0.21% in thin year-end trading as raw-material stocks move higher with a rally in gold and silver prices to 2-week highs. A -0.46% slide in the dollar index (DXY00 -0.45%) to a 2-week gave metals prices a boost with Feb COMEX gold (GCG17 +0.14%) up Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.06%) are up +0.02% and European stocks are down -0.18% in thin year-end holiday trade. Energy producing stocks are weaker as Feb WTI crude oil (CLG17 -0.26%) falls -0.30% after the API late yesterday reported that U.S. crude inventories rose +4.2 million bbl last week. European government bonds Read More
PREMARKET WORLD NEWS Mar E-mini S&Ps (ESH17 +0.21%) are up +0.20% on strength in energy producing stocks with Feb WTI crude oil (CLG17 +0.28%) up +0.52% at a 2-week high. Crude oil continues to garner support on expectations of tighter global supplies as OPEC and 11 other crude producing nations begin to curb oil production Read More
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
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