Rains Can Grains, OPEC Sluggish
Rains Can Grains, OPEC Sluggish
Trendy Futures
The leading stock on the Momentum-5List, is continuing to new highs. An unusually strong ADXReading of 66 and three upsignals on the FuturesTrend Matrix are evidencing the commoditys forceful up trend, the strongestamong the most closely followed futures.Reports from the International Energy Agency
Sweet!
July sugar, the leading contract on the Momentum-5
List, extended gains and plowed to a 16-month high, adding .39 to 8.57 on
anticipation of a smaller world surplus.
The E-Mini S&P
As trading technology rapidly evolves, there is a strong demand to learn more about the new frontier of electronically traded vehicles.
OPEC Extension Energizes Energies, Stock Indexes Plummet
Word that the Organization of Exporting Producing Countries (OPEC) would extend production-cut agreements through May sparked a rally in crude oil, despite forecasts that Tuesday’s weekly American Petroleum Institute’s (API) report will show growing stockpiles of crude and its derivatives.
Biggest Merger Ever Ignites Explosion In Tech Futures
NASDAQ 100 futures [NDH0>NDH0] exploded on news of Time Warner’s merger with AOL, the world’s largest corporate merger in history, following up on Friday’s record point rise with a gain of 212.15 to 3770.00.
Stock Indexes Embrace Hot Economy
March NASDAQ 100 futures [NDH0>NDH0] and S&P futures [SPH0>SPH0] capped impressive losses earlier this week with an impressive finish Friday
Stock Indexes End Mixed
Stock indexes closed mixed in a volatile, uneven day of trading.
Seeking Safety In Bonds
The expectation of lower equity prices in the US, Europe and Asia is making T-bonds attractive, sending March up one-half point. An unusually high number of Market Bias Indicators pointing up suggest stock indexes will trade higher today: Dow futures are up more than 0.60%. From the Implosion-5 List, the Japanese yen is falling for […]
Silver Slips
Silver is tanking after triggering stops below the highs of a two-and-a-half month base at the 533 level.
Stock Indexes Break Down
In one of their biggest declines ever, stock indexes plunged as traders took profits from the biggest bull market in history.
Volatility Readings Hint Big Moves In Gold, Yen
Multiple Days Low Volatility readings for gold and the Japanese yen provided an early indication that the March contracts could make outsized moves.