This morning, the S&P 500 Index e-mini futures (ES U1) are trading lower by 1.00 point to 1341.50 per contract. The major stock indexes will normally pause or contract slightly after a big rally. Yesterday, the S&P 500 surged higher by 18.00 points. The highly followed Dow Jones Industrial Average traded higher by 152.00 points. [...]
The markets are continuing their rally today with optimism across the board. This is the second strong rally in three days after the major cycle turn date was given out. Financial stocks have been leading the charge with Goldman Sachs and Bank of America putting in their lows after their negative earnings, then bouncing up. [...]
This morning, the S&P 500 Index futures (ES U1) are trading higher by 6.00 points to 1327.50 per contract. The major stock indexes soared higher yesterday. The rally was very strong point wise, however, the volume was very light. In any case, if the major stock indexes can scratch out another gain today it will [...]
The markets surged to the upside today on a weak Dollar, calming nerves in Europe and a great earnings from KO, IBM and WFC. The markets are hitting their highs of the day and looking for more upside in the coming days. The up cycle hit yesterday with the flush out and long positions were [...]
This morning, the S&P 500 Index e-mini futures (ES U1) are trading lower by 9.00 points to 1306.00 per contract. Traders and investors are once again fearing that the European Union is insolvent. Yields on debt across the Euro-zone countries are spiking higher this morning. Investors have been seeing this type of action in the [...]
The markets are trading sharply lower after Wall Street and the world realized last Fridays stress test by European regulators was a joke. A stress test is supposed to be a worst case scenario but regulators did not include any sort of default by Greece. The markets are laughing at it today as the Dow [...]
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This morning, the S&P 500 Index e-mini futures (ESU1) are trading higher by 3.50 points to 1310.25 per contract. Traders and investors have experienced a very weak market during this past trading week. Nearly every stock market rally has sold off into the end of the trading session, this is a weak sign for the [...]
The markets opened the day slightly higher on great earnings from Google and the buyout of PetroHawk Energy. While great news hit the markets, traders continue to be worried about Europe and the US debt ceiling. These factors are capping the gains to minor by lunch. Technology is the leader to with GOOG leading the [...]