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Everyone is looking for the biggest factor why we are down this morning. There are many contributing factors that have added up in the last few weeks. Obviously this weekend there was the “election news” and some signs of more Read more…
Yesterday Tech finally had some power as the market snapped back to some broken trend lines. What was perceived as a decent Spain debt auction and headlines of a positive U.S earnings helped propel the market higher. Add an impressive Read more…
US stock futures point to a higher open Tuesday morning, with the Dow looking to add to yesterday’s gain and the Nasdaq looking to recover from heavy selling. It is a divergence we had not seen this year to-date, but something to keep an eye on. The Read more…
European stocks rose early in their session, but have retreated a bit this morning. They were set for their first rise three days, but it appears persistent fears about the China growth are weighing on the market. US stock futures are weakening late Read more…
Last week was a powerful one for the markets, as most sectors are in multiyear highs or approaching them. Transports played a bit of catch up as did the Russell and the energy complex. Tech, home builders and banks lead the Read more…
US stock futures are down are 0.9% Tuesday, following through on yesterday’s underlying weakness. The never-ending Greece saga is plaguing the market once again amid renewed concerns that the nation and its bondholders may not meet an Read more…
NASDAQ:QQQ, NASDAQ:QQQQ, NYSE:DIA, NYSE:GLD, NYSE:OIH, NYSE:SPY
US stock futures are lower Monday morning after China lowered its economic growth target. The symbolic 8% growth rate has been targeted for the past eight years in China, but over the weekend they lowered that rate to 7.5%. Chinese Premier Wen Jiabao said Read more…
NASDAQ:QQQ, NASDAQ:QQQQ, NYSE:DIA, NYSE:GLD, NYSE:OIH, NYSE:SPY
US stock futures point to a lower open after some soft news out of Europe raising some slow growth concerns. Yesterday’s action was impressive based on Wednesday’s distribution day as this market continues to be very resilient. Banks Read more…
ETF BASIC NEWS, NASDAQ:QQQ, NASDAQ:QQQQ, NYSE:DIA, NYSE:OIH, NYSE:SPY
Round two of cheap money from the ECB took place with high demand, and futures are slightly higher as a result. The take up was around 529.5 Euros, a bit more than expected. Some this say this is a sign of weakness, but I think these banks are just Read more…
US stock futures are pointing higher Tuesday morning, with S&Pfutures set to open up above the 2011 highs of 1370. Lower oil prices and hope for a longer-term liquidity operation by the European Central Bank are boosting risk appetite this morning. The German Read more…
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…
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…
NASDAQ:QQQ, NASDAQ:QQQQ, NYSE:DIA, NYSE:FXE, NYSE:GLD, NYSE:OIH, NYSE:SPY, NYSE:TBT, NYSE:VXX
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…
US stock futures point to a higher open on Wall St Thursday, following gains in European markets. Overseas markets today got their first chance to react to the Fed’s decision to keep rates near 0% until late 2014, and most are up more than 1%. Commodities also Read more…
US stock futures point to a lower open Tuesday after a five-day winning streak for the S&P. Volume has been light in the up-move and yesterday the index rallied late to post a marginal gain, but today is the first sign of some real anxiety across Read more…
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