Before the Open (Feb 26-Mar 1)

Good morning. Happy Friday. The Asian/Pacific markets leaned to the upside. Japan, China and India led while Malaysia was weak. Europe, Africa and the Middle East are doing well. Turkey is weak, but the UK, Denmark, Germany, Switzerland, Norway, Hungary, Spain, Italy, Portugal, Israel and Austria are doing well. Futures in the States point to […]

Before the Open (Feb 20-23)

Good morning. Happy Friday. The Asian/Pacific markets were mixed and little changed. China did well; Indonesia and Singapore were weak. Europe, Africa and the Middle East lean to the upside. Poland, France, Switzerland, Hungary and Italy are up; Norway and Austria are down. Futures in the States point to a positive open for the cash […]

Before the Open (Feb 12-16)

Good morning. Happy Friday. The Asian/Pacific markets mostly did well. Japan, Hong Kong, South Korea, Australia, New Zealand and Singapore posted solid gains. Europe, Africa and the Middle East are currently doing well. The UK, Poland, Finland, Norway, Austria and Sweden are doing great, and France, Germany, South Africa, Switzerland, the Netherlands, Portugal and Israel […]

Bad Breadth is Everywhere

On the surface, the market is doing great. Several indexes have printed new highs recently, and tech is leading the charge. But beneath the surface, the market is thin. Participation is not good. The market gains are not supported. The advance-decline line leans down; the high-low on various lookback periods are trending lower; and stocks […]

Before the Open (Feb 5-9)

Good morning. Happy Friday. The Asian/Pacific markets were either closed or little changed. Europe, Africa and the Middle East currently lean to the upside. Denmark, Turkey, Norway, Hungary, the Netherlands and Portugal are up; South Africa, Finland, Austria and the Czech Republic are down. Futures in the States point positive open for the cash market. […]

Before the Open (Jan 29-Feb 2)

Good morning. Happy Friday. The Asian/Pacific markets mostly did great. Japan, South Korea, India, Taiwan, Australia, Indonesia, Singapore, Thailand and the Philippines did well; China and Hong Kong were weak. Europe, Africa and the Middle East are doing well. Russia is weak, but Poland, France, Germany, Greece, South Africa, Switzerland, Spain, the Netherlands, Italy, Portugal, […]

Before the Open (Jan 22-26)

Good morning. Happy Friday. The Asian/Pacific markets were mostly weak. South Korea did well, but Japan, Hong Kong, Indonesia and Thailand were weak. Europe, Africa and the Middle East are currently mostly up. The UK, France, Turkey, South Africa and Switzerland are up more than 1%, and Denmark, Finland, Norway, the Netherlands and Italy are […]