Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. Hong Kong, Australia, New Zealand and India led the way with gains greater than 0.7%. Japan dropped 2%. Europe is currently mixed. London, Italy and Norway are posting gains greater than 0.6%. Austria and Greece are down 0.8%. Futures here in the States point towards […]
Before the Open (Apr 8)
Good morning. Happy Tuesday. The Asian/Pacific markets leaned to the downside. Japan, Malaysia and New Zealand led to the downside; Hong Kong and China did well. Europe is down across-the-board. Italy, Spain, Greece and Prague are down more than 1%; Belgium, Amsterdam, Norway, London, Germany and France aren’t far behind. Futures here in the States […]
Reminiscent of 2007
A development is building that is reminiscent of 2007. Let’s check out some charts from February 2007 (which aren’t available today) and then see how they relate to today. My argument back then was the broker/dealers had predictive value…at least much more predictive abilities than the semis or a few other groups traders liked to […]
Before the Open (Apr 7)
Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed mostly down. Indonesia did well; Japan, New Zealand, Singapore and Hong Kong led to the downside. Europe is currently down across the board. Russia is down 3%; Germany, London, France, Norway, Switzerland and Prague are also down a bunch. Futures here […]
Before the Open (Apr 4)
Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific markets closed mixed. India and Indonesia dropped 0.7%; China rallied 0.7%. Europe is currently mixed. Russia, London and Germany are up; Greece and Switzerland are down. About 15 minutes before the employment data was released, futures in the States pointed towards an up open for […]
Before the Open (Apr 3)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. Japan and Singapore led to the upside with gains near 0.85%; China dropped 0.7%. Europe is currently mostly down, but not index has moved more than 1%. Green (down 0.9%), Russia (down 0.7%) and Stockholm (down 0.5%) are posting the biggest moves. Futures here in the […]
Before the Open (Apr 2)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. Japan rallied 1%, China 0.6% and India 0.5%. Europe currently leans to the upside. Russia (down 1%) and Austria (down 0.8%) lead to the downside; Switzerland is up 0.6%. There are no other big winners. Futures here in the States are flat.
Before the Open (Apr 1)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. Indonesia rallied 2.2%, Hong Kong 1.3% and China 0.7%. Europe is currently mostly up. London, Germany, France, Spain, Italy and Russia are leading the way. Futures here in the States point towards a gap up open for the cash market.
Before the Open (Mar 31)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up. Japan, Singapore, Taiwan and Australia did the best. Europe is currently split. London, Belgium, Switzerland, Russia and Spain are doing well. Prague is the only noticeable down market. Futures here in the States point towards a moderate gap up […]
Before the Open (Mar 28)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly up. Hong Kong and Indonesia led the way followed by Japan and India. There were no big down markets. Europe is currently mostly up. Russia, Spain and Italy are up more than 1%; Belgium, Amsterdam, Prague and Germany are also doing well. Futures here in the […]