Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up. Japan rallied 5%, and Malaysia, New Zealand and Taiwan also did well. Indonesia dropped 1.8%. Europe is currently mixed. Greece is down almost 6%; Belgium is down 1.6%. Germany and London are doing well. Futures here in the States […]
Before the Open (Jun 7)
Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific markets closed mostly down. Indonesia dropped almost 3%; China, Hong Kong and South Korea dropped more than 1%. Europe is currently down. Austria is up 1%; Belgium is down 1.6% while Norway, Stockholm, Greece and the Czech Republic are down noticeably. Prior to the release […]
Before the Open (Jun 6)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down. Australia, Hong Kong, Singapore, South Korea and Taiwan each dropped more than 1%. Europe is currently mixed. Stockholm and Belgium are down the most; France and Amsterdam are up. Futures here in the States point towards a moderate gap up open for the cash market.
Before the Open (Jun 5)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly down. Japan dropped almost 4%; Australia, Hong Kong, Singapore and South Korea dropped more than 1%. Europe is currently down across the board. Belgium, France, Germany, Amsterdam, Stockholm and London are down 0.9% or more. Futures here in the States point towards a moderate gap down […]
VIDEO: The Case Against the Hindenburg Omen
The Hindenberg Omen supposedly triggered at the end of last week. Here’s why I think it’s ridiculous to pay any attention to it.
Before the Open (Jun 4)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. China dropped 1.2%; Japan rallied 2%, and Indonesia moved up 1%. Europe is currently mostly up. Greece is down 1.6%, and Switzerland and the Czech Republic are up more than 1%. Futures here in the States suggest a flat open for the cash market.
Before the Open (Jun 3)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed down across the board. Japan dropped almost 4%; Indonesia lost almost 2%. Europe is currently mixed. Belgium and London are down more than 1%; there are no big winners to the upside. Futures here in the States point towards a moderate […]
VIDEO: State of the Market
It looks like the market may be changing its stripes in the near term. Here’s how I see the charts right now.
Before the Open (May 31)
Good morning. Happy Friday. The Asian/Pacific markets closed mixed. India dropped 2.3%, and Indonesia dropped 1.2%. Japan rallied 1.4%, and New Zealand moved up 0.9%. Europe is currently trading mostly down. Amsterdam, Stockholm, Switzerland, London and the Czech Republic are down the most. Futures here in the States point towards a moderate gap down open […]
Before the Open (May 30)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down. Japan dropped 5.2%; Taiwan, Singapore, Indonesia and Australia dropped more than 0.8%. Europe is currently mostly up. France and Germany are leading the way. Futures here in the States point towards a gap up open for the cash market.