The market is experiencing a semi-rally today. Nothing for the bulls to get excited about except for the fact that it isn’t falling again today, which wasn’t even the case this morning. Nonetheless, the bulls are managing to put together a fairly respectable rally today that could stall out at the 2085 area. If it
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Pre-market update: Asian markets traded 0.1% lower. European markets are trading 1.1% higher. US futures are trading 0.4% higher ahead of the market open. Economic reports due out (all times are eastern): Redbook (8:55), JOLTS (10), Treasury Budget (2) Technical Outlook (SPX): SPX continued upon Friday’s selling giving up another 16 points. Now the
Pre-market update: Asian markets traded 0.3% higher. European markets are trading 0.8% higher. US futures are trading 0.2% higher ahead of the market open. Economic reports due out (all times are eastern): None Technical Outlook (SPX): SPX gave back about half of the gains on Friday from the previous trading session. Currently price is
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Pre-market update: Asian markets traded 0.2% higher. European markets are trading 1.3% lower. US futures are trading 0.5% lower ahead of the market open. Economic reports due out (all times are eastern): Producer Price Index (8:30), Consumer Sentiment (9:55) Technical Outlook (SPX): Massive rally yesterday but eventually saw about 20 points or 2/3’s of the day’s
Pre-market update: Asian markets traded 0.8% lower. European markets are trading 0.3% lower. US futures are trading 0.4% higher ahead of the market open. Economic reports due out (all times are eastern): Jobless Claims (8:30), Retail Sales (8:30), Import and Export Prices (8:30), Business Inventories (10), EIA Natural Gas Report (10:30) Technical Outlook (SPX): Huge
Pre-market update: Asian markets traded flat. European markets are trading 0.6% lower. US futures are trading 0.1% lower ahead of the market open. Economic reports due out (all times are eastern): MBA Purchase Applications (7), EIA Petroleum Status Report (10:30), FOMC Minutes (2) Technical Outlook (SPX): Another strong day for the the bulls as
Pre-market update: Asian markets traded 0.7% higher. European markets are trading 0.4% higher. US futures are trading 0.6% higher ahead of the market open. Economic reports due out (all times are eastern): ICSC-Goldman Sales (7:45), Consumer Price Index (8:30), Housing Starts (8:30), Redbook (8:55) Technical Outlook (SPX): Hard bounce yesterday that took price through