Morning Call: Futures Bouncing From Highly Oversold Levels

Overseas markets are bouncing back from what has been a multi-week decline for most foreign indices. The U.S markets have been down for 5 days straight, bringing the McClellan Oscillator to screaming oversold levels (-95). These readings typically

NYSE:SPY April 11, 2012 10:36am

Morning Call: Futures Flat, Eyes Shift to Earnings Season

Not much news overnight besides the usual Spanish yields rising and other rumblings out of Europe.  The China Debate continues and today starts Earnings season with Alcoa.  The Media loves to emphasize the importance of AA but we all know it’s a non event.  Futures are

NYSE:SPY April 10, 2012 9:44am

Morning Call: Futures Sink After Jobs Report

Futures are pointing to a much weaker open after Friday’s disappointing jobs info.  But, the market’s composure already changed well before that Good Friday release. The news potentially made it a bad holiday weekend for some traders, and for

NYSE:GLD April 9, 2012 10:02am

Morning Call: European Bank Worries Give Market First Gut Check of 2012

US stock futures point to a lower open on Wall Street Thursday as worries intensify over European banks. The Euro fell to 15-month lows versus the dollar and an 11 year low versus the yen. Investors are growing more worried about European banks' ability to raise
NYSE:FXE January 5, 2012 11:14am

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