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Posts Tagged ‘morning call’

Market Trying to Find Footing Amid Washington Circus

October 8th, 2013

circusScott Redler: World markets are mixed overnight as Europe is off a bit and Asia has a more positive tone. The Nikkei reversed up after making one-month lows to close positive. The Shanghai Composite was up 1.1% after China’s Golden Read more…

ETF BASIC NEWS

Morning Call: Market Still Needs Rest As Crosswinds Blow

December 5th, 2012

US stock futures point to a slightly higher open Wednesday, following world markets higher overnight. The Shanghai composite was particularly strong while we slept, surging 2.8%. Well-known technical analyst Tom DeMark opined yesterday Read more…

ETF BASIC NEWS

Morning Call: Expect Markets to Work Off Remaining Overbought Reading (NYSEArca:GLD, NYSEArca:SLV)

December 4th, 2012

Futures are around the flat line this morning after yesterday’s bearish outside day/Red Dog reversal. The oscillator is still overbought despite yesterday’s move, and I expect this pullback to at least work off that reading. The S&P also just had a Read more…

NYSE:GLD, NYSE:SLV

Morning Call: Thankful Bulls Look to Maintain Momentum

November 26th, 2012

First off, we hope everyone had a great Thanksgiving weekend with friends and family. Some pundits are saying last week’s rally was a “conspiracy” rally aimed to get spenders out for the Holidays. If that’s the case, market timers had a lot to be thankful for Read more…

ETF BASIC NEWS

Morning Call: Market Could Rest Ahead of Turkey Day After Potent Move

November 20th, 2012

Futures are basically flat this morning after two very strong days in the market. Friday we got an outside bullish Red Dog Reversal, and yesterday got the follow through to that pattern with the market’s biggest gain in more than two months. Futures are holding in Read more…

ETF BASIC NEWS

Morning Call: Market Looks to Build on Friday’s Reversal

November 19th, 2012

US stock futures point to a higher open Monday as the market looks to build on Friday’s reversal. The outside day and Red Dog Reversal we saw on Friday is a great cash-flow trading set-up, but it can also be a major macro inflection point. On October 4, 2011 after a Read more…

NASDAQ:QQQ, NYSE:XLF

Morning Call: Futures Lift as Larger Deficit Talks Could Be Pushed Back

November 16th, 2012

US stock futures now point to a slightly higher open Friday morning as the Wall Street Journal reports the White House may look to replace spending cuts and push most deficit reduction talks off until the middle of 2013. Earlier in the morning futures were Read more…

ETF BASIC NEWS

Morning Call: Can S&P Reclaim 200-day Moving Average?

November 14th, 2012

US stock futures are slightly higher this morning after some upbeat earnings and comments from Federal Reserve Vice Chair Janet Yellen, but are paring gains after weak producer price and retail sales data. The market will once again attempt to mount a Read more…

ETF BASIC NEWS

Morning Call: Action Could Be Slow on Veteran’s Day

November 12th, 2012

US stock futures point to a higher open Monday as the market tries to bounce back from its worst weekly decline since June. Positive economic data out of China and news that Greece passed its 2013 budget are boosting sentiment this morning. It’s Veteran’s Day and Read more…

ETF BASIC NEWS

Morning Call: Can S&P Reclaim 200-day Moving Average?

November 9th, 2012

S&P futures are off about six handles this morning as the post-election selling continues. With a down open this morning, the S&P will be opening below its 200-day moving average, and it will be important to see whether it accelerates below or reclaims the MA in the Read more…

ETF BASIC NEWS

Morning Call: Anxiety Moves to Fiscal Cliff After Obama Re-Election

November 7th, 2012

US  stock futures point to a lower open Wednesday morning following  the  re-election of President Barack Obama. While the popular vote and   tallies in key battleground states were close, it was a somewhat   surprising margin of victory in the Read more…

ETF BASIC NEWS

Morning Call: Futures Point Higher as Americans Head to the Polls

November 6th, 2012

Stock futures point to a higher open on Wall Street Tuesday as Americans head to the polls. US stocks are tracking gains in European markets this morning as hope grows that the European debt crisis is starting to subside. The big headlines today, though, will center on the Read more…

ETF BASIC NEWS

Morning Call: Stocks Could Stagnate Before Election

November 5th, 2012

US stock futures are hovering near the flat line Monday morning as investors anxiously await the results of Tuesday’s Presidential election. Much like you see ahead of a major Fed announcement, it’s likely that traders will not look to place big bets before voters Read more…

ETF BASIC NEWS

Morning Call: Futures Higher as Markets Re-Open Post-Sandy

October 31st, 2012

The market has re-opened after two days of closure due to Hurricane Sandy. The “Superstorm” wreaked havoc all over the Northeast, but the NYSE Euronext reported no damage to its trading floor, thus trading will resume at 9:30am ET today. Futures are Read more…

ETF BASIC NEWS

Morning Call: Futures Drop Sharply After Earnings, Asia Economic Data

October 26th, 2012

US stock futures are sharply lower Friday along with the rest of world markets following disappointing earnings from Apple (NASDAQ:AAPL) and weaker than expected economic data from Asia. Dow futures are off 100 points. The market has been Read more…

ETF BASIC NEWS




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