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Author: Trevor Ford

SPX 500 – Monday 12-19-11

The SPX 500 sits about 5 points higher than Fridays close. On the Sunday open, SPX 500 took a dip down to the 1,207 area, but has recouped its losses as of 8:30am EST. At 10:30am EST we have Draghi speaking, which will create...

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SPX 500 – Friday 12-16-11

The SPX 500 is up over ten points from yesterday’s close on the S&P 500. The USD could continue to decline in the short run as we approach the end of 2011. The long term trend for the USD remains bullish as Europe...

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SPX 500 Wednesday 12-14-11

The SPX 500 sits about flat from yesterday’s close on the S&P 500. The 1,225 area came in as a major resistance point in September until it was broken back in October. The 1,225 is now the support level, but would...

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SPX 500 – Tuesday 12-13-11

-The SPX sits about 7 points higher (as of 7:50am EST) than yesterday’s close on the S&P 500. Early this morning we had above forecasted numbers for the German ZEW Economic Sentiment. If the rally continues up until...

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SPX 500 – Monday 12-12-11

The SPX 500 sits about 9 points lower than Friday’s close on the S&P 500 prior to the US open. The rally on Friday has led to a lack of confidence and rising bond yields. As investors look for a spot to park their...

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EUR/USD – Friday 12-09-11

The EUR/USD has declined as the Euro zone attempts to come up with a resolution to the debt crisis. The EUR/USD has covered almost all of its losses overnight, but is now reaching the downward December trend line again. We may...

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SPX 500 – Thursday 12-08-11

The SPX 500 sits right at the 200 day mva after the ECB has announced the 25 point basis cut. Draghi will speak at 8:30am EST and we will see major volatility come through. Markets have consolidated this week as all eyes are on...

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SPX 500 – Wednesday 12-07-11

The SPX 500 sits slightly lower yesterday’s close on the S&P 500. The SPX 500 has continued to gain ground after the central banks have lowered the cost of borrowing the USD by 50 basis points. However volume has been...

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SPX 500 – Tuesday 12-06-11

-Yesterday, we had Standard and Poor’s threaten to downgrade 15 nations in the EU. We now (as of 8:30am EST) sit about flat from yesterday’s close. German Factory Orders have propped the markets up temporarily before...

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SPX 500 – Monday 12-05-11

The SPX 500 sits about 15 point’s higher (screenshot as of 8:00am EST) than Friday’s close (12-02-11). Markets have risen as Merkel and Sarkozy try to come up with a proposal to solve the EU crisis. As this plan...

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