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Archive for the ‘OIH’ Category

Morning Call: Market Looks to Hold Support Levels as Futures Lower

February 22nd, 2012

US stock futures are off a bit this morning after some soft economic data out of Europe. A purchasing managers survey in the Euro zone showed an unexpected contraction in the economy in February. Markets typically find sellers at big psychological Read more…

OIH, QQQ, QQQQ, SPY, VXX

Morning Call: Futures Rise as Investors Remain Hopeful Over Greece

February 17th, 2012

US stock futures are slightly higher Friday as investors continue to hold out hope the all issues in Greece will be ironed out quickly. The wrangling continues over economic reforms and austerity measures. Core CPI met expectations this Read more…

OIH, QQQ, QQQQ, SPY

Morning Call: Short-term Uptrends Under Pressure as Greece Bailout Back in Limbo

February 16th, 2012

US stock futures are slightly lower Thursday morning amid renewed uncertainty about the Greek bailout. The on again, off again negotiations regarding austerity measures and financial reforms still haven’t produced a result that European finance ministers are happy with. The Euro Read more…

NYSE:DIA, OIH, QQQ, QQQQ, SPY

Morning Call: Market Cheers China Plans to Support Euro Bailout Fund

February 15th, 2012

US stock futures were up more than a half percent Wednesday morning, building off of yesterday’s late afternoon reversal. Triggering the move are comments from the People’s Bank of China Gov. Zhou Xiaochuan that the his country will be looking to Read more…

OIH, SPY

Morning Call: Futures Turn Lower After Mixed Europe News

February 14th, 2012

US stock futures are turned down Tuesday morning and now point to a lower open on Wall St. Last night futures were a bit under pressure after Moody’s Investors Service cut the sovereign debt rating of several European countries. Spain’s rating was cut by Read more…

NYSE:DIA, OIH, QQQ, QQQQ, SPY

Morning Call: Greece Deal Approval Boosts Stock Futures

February 13th, 2012

S&P futures are up 10 handles Monday morning, reacting to Greece’s parliament’s final approval new, stricter austerity measures. The vote now paves the way for another international bailout package that will prevent a hard default on March 20. While the market is Read more…

NYSE:DIA, NYSE:FXE, NYSE:GLD, OIH, QQQ, QQQQ, SPY, TBT, VXX

Morning Call: Futures Drop as Greece Drags Feet

February 10th, 2012

No Greece deal and some signs of China slowing has the futures under pressure this morning. This is the biggest gap down of the year so far, and will be a true test of composure/speed moving forward. In the last few sessions the market was hypnotized Read more…

NYSE:DIA, OIH, QQQ, QQQQ, SPY, VXX

Morning Call: Futures Surge Amid Talk of Greece Deal, Diamond Foods (DMND) Drops 40%

February 9th, 2012

US stock futures have surged to positive territory Thursday amid reports of a Greek debt deal. Small snags had been holding up the final approval of a deal between the Greek government and European finance ministers, and it appears those have finally been worked Read more…

ETF BASIC NEWS, OIH, SPY, TLT, VXX

Morning Call: Market Anticipating Quick Greece Deal

February 8th, 2012

US stock futures continued their climb overnight and are set for a slightly higher open. Investors are still expecting an imminent deal in the Greek debt saga that will pave the way for a new bailout package. Greek Prime Minister Lucas Papademos is expected to meet with Read more…

NYSE:DIA, OIH, QQQ, QQQQ, SPY, VXX

Morning Call: Greek Anxiety Grows, Futures Take Small Dip

February 7th, 2012

US stock futures are slightly lower this morning with all eyes firmly trained on Greece. European finance ministers are pushing for another round of deep austerity cuts in return for the newest round of bailout money, and the Greeks are none too pleased about it. As we Read more…

ETF BASIC NEWS, NYSE:DIA, NYSE:GLD, OIH, SPY, VXX

Morning Call: Absence of Greece Debt Deal Weighs on Market

February 6th, 2012

US stock futures are lower Monday morning in the absence of a Greek debt deal. Last week European officials expressed optimism that resolution was imminent, but there are still major hurdles to overcome as another deadline passes. Greek politicians are Read more…

NYSE:GLD, OIH, SPY

Morning Call: Impressive Jobs Number Sends Market Breaking Out

February 3rd, 2012

US stock futures point to a sharply higher open Friday, following an impressive jobs report this morning. The US economy gained 243,000 jobs last month, and the unemployment rate dipped to 8.3% from 8.5%. Most sectors in the economy added workers, another Read more…

NYSE:DIA, OIH, SPY, VXX

Morning Call: Jobless Claims Boost Futures Ahead of Big Jobs Report

February 2nd, 2012

US stock futures are have turned slightly higher Thursday morning following another drop in weekly jobless claims. The S&P continues to build nicely above the recent S&P floor. Markets this year have been lead by Tech and small cap stocks, which is a Read more…

NYSE:DIA, OIH, SPY, VXX

Morning Call: Stocks Start February with a Bang

February 1st, 2012

US stock futures point to a higher open to kick off February, rebounding from yesterday’s lackluster intraday action. We have seen two gap ups sold aggressively over the last two weeks, and today traders will be watching to see if the market can hold these overnight gains. Strong Read more…

NYSE:DIA, NYSE:GLD, OIH, SPY, VXX

Morning Call: Market Expecting Greek Debt Deal, Futures Surge with Euro

January 31st, 2012

US stock futures point to a higher open on Tuesday, building on yesterday trend higher follow a gap down. Reports suggest finance ministers and creditors are making progress in Greek debt talks, as Greek Prime Minister Lucas Papademos said late Monday that talks would conclude by the Read more…

NYSE:DIA, OIH, SPY, VXX

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