From a technical standpoint, the market should correct soon. Here’s why…
Before the Open (Feb 10)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly down; Hong Kong, Indonesia and South Korea dropped more than 1%. Europe is currently down across the board; Austria is down almost 3%, Belgium, France, Germany, Amsterdam, Stockholm and Switzerland are down more than 1%. Futures here in the States point towards a sizeable gap down […]
Before the Open (Feb 9)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed; there were no 1% movers. Europe is currently mostly up; Norway and France are leading the way. Futures here in the States point towards a positive open for the cash market.
Solar Stocks
Solar stocks continue to do very well. This is the second time I’m bringing it to your attention. I hope you got some of these.
Living in a QE World
(this is best viewed with Internet Explorer) Living In A QE World by James Bianco All Central Bank Balance Sheets Are Exploding Higher, Or Engaged In QE The degree to which central banks around the world are printing money is unprecedented.
Before the Open (Feb 8)
Good morning. Happy Wednesday. The Asian/Pacific markets closed up across the board. China and Taiwan rallied better than 2%; Hong Kong, Japan and South Korea moved up at least 1%. Europe is currently posting across-the-board gains led by Austria, Amsterdam and Norway. Futures here in the States point towards a positive open for the cash […]
Before the Open (Feb 7)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed; only China (down 1.7%) moved more than 1%. Europe is currently down across-the-board; Austria and Germany are down more than 1%. Futures here in the States point towards a negative open for the cash market.
Before the Open (Feb 6)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mixed. Australia and Japan moved up more than 1%; Indonesia moved down 1%. Europe is currently down across the board, but there are no 1% losers. Futures here in the States point towards a moderate gap down open for the cash […]
Before the Open (Feb 3)
Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific markets closed mixed, and only India (up 1%) moved 1% from its unchanged level. Europe is currently mostly up. No market has moved more than 1%. Prior to the employment numbers being released futures here in the US were flat.
Solar Stocks
Solar has been the single worst group over the last two years, but in the near term, many of the stocks have perked up and are offering very good trading opportunities.