Sign inRecent Commentaries tagged (market-analysis)
U.S. Equity Markets Expected To Open Weaker This Morning
U.S. equity markets are expected to open weaker this morning but off their lows. Last night’s news that China’s inflation was higher than expected, fueled speculation of a rate hike which helped drive down demand for higher yielding assets. The lack of follow-though to the downside has...
Euro Building Support Base for Potential Upside Breakout
The U.S. Dollar was mixed in light trading at the close in an unusual day as the normal correlations between the Dollar, gold and equities at times were not working. The lack of major U.S. economic reports this week is still influencing the trade although this will change with Thursday’s Weekly...
Swing Trader’s Insight Futures Watch List for March 11
Overnight there was a lot of data showing that the Chinese economy is running hot – high inflation and retail sales. PBOC Governor Zhou and a representative from the Ministry of Commerce both said that inflation will not be a problem this yes. What do they know that we don’t? It was also...
The Real Reason Stocks Have Rallied
By: Brandon Rowley Being on a trading floor everyday I often hear explanations for why the market is rallying or why stocks just won't go down. Frankly, many of those comments are downright silly. I read about 30 different blogs on a daily basis and the majority of them tend to be on the bearish...
The Real Reason Stocks Have Rallied
Being on a trading floor everyday I often hear explanations for why the market is rallying or why stocks just won't go down. Frankly, many of those comments are downright silly. I read about 30 different blogs on a daily basis and the majority of them tend to be on the bearish side of things....
Stocks Continue to Rally Despite Drop in Volatility
U.S. equity markets are trading firm overnight after yesterday’s surge to the upside. Buying pressure dried up late in the session, but no damage was done to the uptrend. Volatility is falling which is making traders appear complacent. This could be both good and bad. On the good side, it could...
Dollar Finishes Higher Despite Strength in Equity Markets
The U.S. Dollar finished higher on Tuesday against most major currencies in another round of light trading. Traders opened the New York session averse to risk, but shifted this sentiment a few times during the day session. The Dollar bent at times, but never broke.Firmer U.S. equity markets...
Swing Trader’s Insight Futures Watch List for March 10
Stocks continued in tight ranges overnight; there’s economic news coming out of China tonight and the US tomorrow and Friday. OPEC forecast a 12.5% rise in oil demand this year, fostered by economic growth. Today we get the EIA Crude inventory report at 9:30, the results of the 10 Year T Note...
Looking for the Cup and Handle
By: Scott Redler The market tagged the 1,150 area before running out of some steam--that usually happens right before a handle gets built in a very bullish Cup and Handle type pattern (sorry the Big and Little Dipper might be a stretch for Cups and Handles, but you get the drift right?). So...
CNBC Asia March 9th...Reviewing the Pullback
By: Scott RedlerLast night on CNBC Asia, we discussed the latest market action and outlined the case for a bullish push higher by the broader indices. In late January, I first cautioned readers that this market was "Hanging on by a Thread"--the leading stocks all had cracked while the indices...
Key ETF Performance Over the Last Year
Awesome chart out of Bespoke Investment Group. Just a great look across markets, sectors, economies, currencies, etc. Bespoke is a phenomenal blog for this type of great research presented in a simple way.
April Gold Feels Pressure Because of Stronger Dollar
The lack of major economic reports today means the direction of the Dollar is likely to exert more influence on the U.S. equity markets. With the Dollar up overnight because of risk aversion, traders are selling equities. Yesterday’s tight trading range and lack of follow through during the New...
Trader Confidence in Euro Building; Shorts Lighten Positions
The U.S. Dollar had a choppy, directionless day. The lack of event risk was likely the main reason for this as well as the easing of the Greek fiscal crisis. Trading could continue in a similar manner over the next few days because the first major report, Weekly Jobless Claims, is not due out...
Swing Trader’s Insight Futures Watch List for March 9
Yesterday’s lackluster session in the US carried through to muted trading in Asia overnight. Chinese stocks saw small gains on some decent earnings reports, but Chinese traders are waiting for a number of economic releases due Thursday. European stocks were lower on concerns over the banking...
Did the Market Open Yesterday?
Yesterday marked what was one of the narrowest trading ranges in the last 40 years. Interestingly though, there was some good money to be made in select stocks, like RIMM which mounted a successful technical breakout. Global markets followed suite overnight largely taking the day off.Today is...
