Good morning. Happy Friday. The Asian/Pacific markets closed mostly up. China dropped 1.3%, and Japan and Singapore moved up 1.4% and 1.8% respectively. Europe is currently mostly up. Austria is up 1.8% and France 1%. Futures here in the States point towards a negative open for the cash market.
Before the Open (Jan 12)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down, but the only 1% mover was South Korea which moved up 1%. Europe is currently mostly up. Germany, Norway and Stockholm are up more than 1%. Futures here in the States point towards a moderate gap up for the cash market.
Industrial Metals & Minerals
The indexes have been slow but select stocks and groups have been offering very good trading opportunities. Here are some stocks from the industrial metals & mienrals group.
Before the Open (Jan 11)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed and with a bullish slant. Only Singapore (up 1%) moved more than 1%. Europe is almost entirely down. Amsterdam is down 1%. Futures here in the States are down.
Before the Open (Jan 10)
Good morning. Happy Tuesday. The Asian/Pacific markets closed up across the board. China and India rallied more than 2%. Australia, Indonesia, Singapore, South Korea and Taiwan moved up more than 1%. Europe is currently up across the board. Belgium and France are up more than 2%. Germany, Amsterdam, Norway, Stockholm and London are up more […]
Before the Open (Jan 9)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets leaned to the downside. China (2.9%) and Hong Kong (1.5%) rallied while Japan, Singapore and South Korea dropped about 1%. Europe is currently mixed. Austria is down 2.1%, and there are no 1% winners. Futures here in the States are flat.
State of the Market
Here’s a video covering the current state of affairs.
Before the Open (Jan 6)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. Hong Kong, Japan and South Korea dropped more than 1%. Europe is currently (before the employment data) mostly up, but there are no 1% winners. Futures here in the States point towards a positive open for the cash market.
Home Builder Stocks
On December 11 I wrote a report about the home builders saying they were leading the market. Here’s an update. The group is still doing great. I hope you got some of these.
Before the Open (Jan 5)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down. China and Australia each dropped about 1%. Europe is currently almost entirely down. Austria is down 1.8%; Belgium is down 1%; France is down 0.9%. Futures here in the States point towards a negative open for the cash market.