Heading towards quarter-end, will there by window-dressing by the funds and a surge in pricing, or will the smart money become nervous about first quarter earnings potential, and as a result decide to begin liquidating postions? Those questions remain to be answered. As it stands right now though, the market is heading towards the open
The month’s end is quickly approaching, and the bulls are trying to pad their profits, as the futures look to get off to a good start today. There is only one report due out today and that is the Personal Income and Outlays due out at 8:30am ET. We haven a shortened week as the
Futures are looking to rebound after yesterday’s late day sell-off, but if the bulls are going to keep the early gains that are being seen right now, they are going to have to impress investors with a good GDP number at 8:30am ET. Other reports to follow this morning is Corporate Profits at 8:30am and Consumer Sentiement
The market is looking to bounce back strong today, after it actually had a day where all three major indices finished in the red. It’s not often that happens these days. Today you have a couple of things that will or at least could rock the market, the first of which is the weekly Jobless
Heading into the market open, futures are bouncing all over the place, and volume is way above average for this early in the morning. I haven’t been able to pinpoint the reason for the unusual volatility that is being seen, but will keep an eye out for it. As for the economic reports due out
There are some positive vibes out there this morning, as we are gearing up for that opening bell. Obviously the market thumbed its nose at the health-care industry takeover yesterday, conducted by your local politician (I think later on today, I will do my patriotic duty and publish a list of every one of those idiots
Futures are trending lower this morning with the S&P down at much as 8 points heading into the open. The reason for the weakness? Obamacare. You see, Wall Street tends to get willy-nilly when politicians decide to take over 1/6 of the private sector, and today is no different. With the rampant abuse of power that
It’s finally Friday, and overall this has been a pretty good week for me…so far – I was able to make up for some of my losses from this year – which is always a good feeling. I know I sound like a broken record when I say this, but I’m going to be waiting for
After a respectable start to the week, the futures are showing the market slightly negative as we head into the open. We have a couple of big reports coming out prior to the open that will be important to pay attention to with the Consumer Price Index being released at 8:30am as well as the
Positive sentiment from the Fed meeting yesterday is carrying over into today, with the futures comfortably in the green heading into the open. Big report due out at 8:30am ET with the Producer Price Index. Also, Bernanke will be speaking before a House Congressional committee at 2pm that could affect the markets late in the