Futures are up solid this morning, and we look poised to snap back after a day of selling yesterday. Asian and European markets are up on an average of 1% which is boding well for us also in the early going. A couple of reports out this morning with the Redbook and House Price Index
There is actually a descent amount of weakness this morning in the Futures with the Dow, NASDAQ, and S&P each down 59, 13, and 8 points respectively. Overseas markets saw some weakness too but nothing major. The biggest factor in this mornings selling is oil which is down over 2%, as I speak, due to weak demand.
It is going to be a quiet morning as there is no major reports due out today. Futures in Asia were down slightly while Europe is essentially trading flat. Futures have a slight positive bias with the Dow, Nasdaq, and S&P up 10, 2, and 1 point respectively. Today is what they call quadruple
Slight bias in the futures heading into the open. Dow is up 19, Nasdaq is up 1.25, and the S&P is up 1.0. Markets in Asia were up over 1.5% while European markets are currently trading in the positive. The big reports for today is going to be Housing Starts, Jobless Claims, and the
We had the Consumer Price Index report come out this morning, but no major effect on the direction of future. Heading into the open, the markets are looking strong across the board. Gold continues its tear, and Oil is holding steady. After the market calms down this morning, and if it holds its gains, I’ll
Futures are in positive territory heading into the open. A couple of big reports out today – Retail Sales and the Producer Price Index. Both of them will impact the direction of the market, but Retail will probably carry the most weight between the two. I put a new swing trade out there this morning
Alrighty, I’m ready to get a full week of trading under my belt after a nice relaxing vacation last week in the Caribbean. With that said, futures are showing some profit taking in the early going. We seem to have huge sell-offs in roughly 2 week increments of late. Not sure if we’ll see the
I’m back from my mini-vacation to the Caribbean and I feel rather rejuvenated to take on this market and bring in some solid returns between now and the end of the year. So let’s have at it. I was only away for two of the trading sessions and the market and its behavior has definitely
Markets are slightly up this morning – Dow up 20, S&P up 3, and NASDAQ up 5. We have the big jobs report today at 8:30am, so what ever the futures are showing right now is irrelevant until that jobs number comes out, at which time the market is likely to see a big swing
I expect the markets to open with a slight upward bias after Mondays foreign markets added roughly 1% while the US markets took the Labor Day holiday off. Overseas, the European markets are nearly up .5% in the morning trade, while the Asian markets were mostly green to begin Tuesday. Today’s early gains seem related to