|Day's range||25,564.60 - 25,883.70|
|52-week range||21,712.53 - 26,951.81|
Based on the price action of the eight week rally, the direction of the March E-mini Dow Jones Industrial Average futures contract this week is likely to be determined by trader reaction to a steep uptrending Gann angle at 25548. This angle is moving up at a rate of 512 points per week.
SINGAPORE (AP) — Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week.
The ECB, the FED, and the RBA release meeting minutes in the week, as the markets look for any more signs of a possible recession. Trade talks also resume.
Jeffrey Gundlach, founder of DoubleLine Capital, discusses the outlook for the market, tax policy, cannabis, millennials, the national debt, and the 2020 presidential campaigns.
Jeffrey Gundlach warns that buyers of December's low will accelerate selling when that buy goes underwater.
Retail sales took a dive in December, the Commerce Department belatedly said last week, in a release delayed by the federal government’s shutdown. The drop of 1.2% was so far out of line with economists’ forecasts that some practitioners of the dismal science pronounced the government’s data to be simply wrong. Philippa Dunne and Doug Henwood, who pen the TLR on the Economy advisory, point out the monthly retail sales release is perhaps the most revised report to come out of the government’s statistics mill. Even so, it was a shocker.
Trade talks delivered strong gains across the European and U.S equity markets last week. What’s on the horizon for the DAX and EUR?
All three major stock indexes ended the day in the black, buoyed by hope that the U.S. and China are making progress in their trade talks. News that President Donald Trump declared a national emergency to get money for a border wall failed to derail the gains.
STOCKSTOWATCHTODAY BLOG The Dow Jones Industrial Average is still heading higher, even though President Donald Trump declared a state of emergency. Optimism over trade is overshadowing domestic politics.
Lousy industrial production data? A state of emergency? The market cares not about these things as long as China and the U.S. are still talking trade.
Optimism over a possible trade deal between the U.S. and China has made investors forget about a possible “state of emergency” being declared.
Trade optimism and better than expected US data help lift stock in early trading, reversing losses in the Thursday session.
Deere’s earnings fell short of forecasts. Trade conflicts are weighing on farmers minds, but U.S. and Chinese officials are still talking. Today, the Dow looks to make it seven straight winning weeks as investors move into the long weekend.
Donald Trump has threatened to declare a state of emergency, while U.S. and China appear to have agreed to keep talking trade.
The main trend is up according to the daily swing chart. However, momentum shifted to the downside with the formation of a closing price reversal top on Thursday and its confirmation earlier today.
Wall Street notched its third straight week of gains on Friday, with the Nasdaq clawing out of a bear market, as US-China trade talks continued to buoy investor sentiment. The S&P swung 1.1 higher to 2,775.60, led by the financial sector, which rose 2 per cent. Energy, up 1.6 per cent, and healthcare, up 1.5 per cent, also saw strong gains. The Nasdaq Composite was up 0.6 per cent at 7,472.41, taking the index more than 20 per cent above its December 24 low, which some investors regard as marking an end of the tech-heavy index’s bear market late last year.
US stocks were off to a positive start early on Friday, putting the S&P 500 on track for its fifth gain in six sessions amid continued optimism the US and China can make progress on their protracted trade ...
Stocks were nearly flat at the tail end of Thursday’s trading session, but both the Dow Jones Industrial Average and S&P 500 slipped into negative territory in the last 20 minutes of trading.