An Important Market Milestone
Take the past three years phenomenal gains in technologyand erase 71%. Thats where we stand, revisiting the low close the Nasdaq 100
(
NDX |
Quote |
Chart |
News |
PowerRating)made on April 4. As we have been suggesting for months in this column
They Talked This Market Down
Back to what they know best
They Want It To Go Down
The yen has been in rally mode as the Japanese come to terms with new accounting rules that require firms to mark-to-market losing assets. Firms with money overseas have been repatriating yen and driving the demand and price higher. So finance officials came out today to talk down the y
What’s This Market Action Saying To Expect?
Markets are discounting machines, meaning they look ahead of todays news and price financial instruments such as stocks according to beliefs and expectations about future performance. The S&P and Nasdaq Composite are striking new multi-month lows, so what is that saying about the ma
Napalm Detonates Financial Futures
Manufacturing scored its biggest gain in nearly one year as indicated by the National Association of Purchasing Managements index (NAPM) which rose to 43.6 from 47.9. Although the yardstick of manufacturing activity is still under 50, the measure denoting either a rise or fall in manuf
Early Clues To Manufacturing Rally
The surprise up-tick in the National Association of Purchasing Managements index (NAPM) is giving stocks a boost on the hope that the worst of a nearly year-long slump in manufacturing is over. But there were signs prior to todays rally that the NAPM report might come in strong a
How To Play Both Sides Of The Market
Remain nimble
Call In The Troops
Cattle call
The First Sign Of A Bottom
An indication out from the the National Association of Purchasing Management-Chicago is giving observers their first indication that the manufacturing recession weighing on the economy for nearly a year could be drawing to a close. Markets are up on the news and also rebounding after
Dollar Striving To Make It Two-For-Two
September dollar index futures
(
DXU1 |
Quote |
Chart |
News |
PowerRating) are setting up to stem a six-week slide from highs and finish their second consecutive week higher. Even as euro FX futures
(
ECU1 |
Dow 10,000!!
Weve hit the milestone again. The Dow Jones Industrial Average has not traded into four-digit territory since last April. As Ive pointed out periodically in this space, it can reap dividends to check out the Futures Indicators Page at TradingMarkets.com for clues about likely stock
Index Futures’ Implosion Clue
The Implosion-5 List gave fair warning that stock index futures could fall today as S&P 500 futures
(
SPU1 |
Quote |
Chart |
News |
PowerRating) and Dow futures
(
DJU1 |
Quote |
Chart |
Ne