Before the Open (Aug 12-16)

Good morning. Happy Friday. The Asian/Pacific markets posted huge gains. Japan, Hong Kong, South Korea, India, Taiwan, Australia, Singapore, Thailand and the Philippines did great. Europe, Africa and the Middle East currently lean up. Poland, Germany, Greece, the UAE, Hungary and Italy are doing well; the UK and Denmark are down. Futures in the States […]

Before the Open (Aug 5-9)

Good morning. Happy Friday. The Asian/Pacific markets did great. Japan, Hong Kong, South Korea, India, Taiwan, Australia, Indonesia and the Philippines posted solid gains; China was weak. Europe, Africa and the Middle East are quiet. Denmark, Norway and Spain are up; Turkey is down. Futures in the States point to moderate gap down open for […]

Before the Open (Jul 29 – Aug 2)

Good morning. Happy Friday. The Asian/Pacific markets were very weak. Japan, South Korea and Taiwan suffered enormous losses; China, Hong Kong, India, Australia, Singapore and the Philippine also did poorly. Europe, Africa and the Middle East are mostly down. Denmark, Poland, France, Turkey, Germany, the UAE, Greece, South Africa, Finland, Switzerland, Norway, Spain, the Netherlands, […]

Before the Open (Jul 22-26)

Good morning. Happy Friday. The Asian/Pacific markets leaned to the upside. China, South Korea, India, Australia, Indonesia, Thailand and the Philippines did well; Japan and Taiwan were weak. Europe, Africa and the Middle East lean to the upside. The UK, France, the UAE, Finland, Switzerland, Norway and Hungary are leading. Futures in the States point […]

Before the Open (Jul 15-19)

Good morning. Happy Friday. The Asian/Pacific markets were weak. The Philippines did well, but Hong Kong, South Korea, India, Taiwan and Australia posted big losses. Europe, Africa and the Middle East are mostly down. Denmark is doing well, but the UK, Poland, France, Germany, South Africa, Finland, the Netherlands, Spain, Italy and Sweden are down. […]

The Internals Have Surged, Participation Has Broadened Out

After negatively diverging from the the S&P and Nasdaq, breadth surged last week. Let’s quickly run through a few charts. The 10, 20 and 50-day MAs of the NYSE AD line are trending up and are at 1-3 month highs. The cumulative AD line broke out and surged to a new high. The 10 and […]

Before the Open (Jul 8-12)

Good morning. Happy Friday. The Asian/Pacific markets leaned to the upside. Hong Kong, India and Australia did well while Japan, South Korea and Taiwan were weak. Europe, Africa and the Middle East are currently mostly up. France, Switzerland, Norway, Hungary, Italy and Sweden are leading. Futures in the States are mixed. The Nasdaq is down; […]

Before the Open (Jul 1-5)

Good morning. Happy Friday. The Asian/Pacific markets leaned were split. South Korea, Indonesia and Thailand did well; Hong Kong and Singapore were weak. Europe, Africa and the Middle East are currently mostly up but little changed. Germany, Denmark and the Netherlands are leading. Futures in the States point towards a positive open for the cash […]