Tech analysis by Simon Kazinsky on 16:48 EST June 19, 2017The benchmark index for the main US 500 American companies is about to reach an important level just a few points above the 2,500 mark a round figure that is also important on its own.
News by Allie Longford on 09:14 EST June 14, 2017
News by Allie Longford on 09:43 EST June 12, 2017
Tech analysis by Simon Kazinsky on 13:11 EST May 22, 2017The Dow Jones reached an all time high at 7,250 in March and has not been able to keep moving up.
Tech analysis by Simon Kazinsky on 00:49 EST April 17, 2017It has been easy to remain bullish on the Standard and Poor's 500 index as the chart showed 2 moving averages first being resistance before the US election and then turning into support after the event.
News by Newsroom on 21:31 EST April 06, 2017
News by Newsroom on 14:04 EST April 05, 2017
News by Newsroom on 08:31 EST March 10, 2017NFP report shows 235,000 new jobs created in the last month versus expectations of less than 200,000 and the previous gain of 227,000.
News by Simon Kazinsky on 07:17 EST March 09, 2017WTI crude oil trades now below $50 and around 9% lower than last week.
Tech analysis by Simon Kazinsky on 20:35 EST February 28, 2017The relentless ascent of the Dow Jones Composite index may pause or reverse soon if we take into account its monthly chart.
News by Simon Kazinsky on 06:50 EST February 13, 2017According to DailyFX, a portal that tracks retail traders positioning, the ratio between long and short traders for the SPX500 CFD stands now at 9 to 91% having reached earlier today a reading of 8 to 92% during the Asian session.
News by Newsroom on 08:34 EST February 03, 2017
News by Newsroom on 03:01 EST February 02, 2017
News by Allie Longford on 16:42 EST January 31, 2017
News by Newsroom on 11:15 EST January 27, 2017
News by Newsroom on 10:11 EST January 24, 2017
News by Allie Longford on 09:07 EST January 18, 2017
News by Newsroom on 09:06 EST January 13, 2017
News by Newsroom on 08:32 EST January 12, 2017
News by Allie Longford on 08:30 EST January 06, 2017
News by Allie Longford on 14:07 EST January 04, 2017FED officials saw the dollar holding down inflation in the last FOMC minutes released on Wednesday.
News by Allie Longford on 02:23 EST January 02, 2017Following the abrupt end of the year for stocks where the Dow Jones gave up topping the 20,000 mark before the last bell and the Standard and Poors 500 shed 50 points in a couple of days it is worth noticing that the first month of the year is not consistent with the one way -upward- street narrative.
News by Newsroom on 10:28 EST December 30, 2016
News by Newsroom on 10:45 EST December 28, 2016
News by Allie Longford on 18:46 EST December 27, 2016With stock indices at all time record highs, raw materials being the big winners at the end of 2016 with price increases north of 20% in many cases, something that will feed through to the price of end products next year and the dollar strength making US shares extremely expensive when purchased with foreign currency the likelihood of a correction in the US Stock market next year keeps growing.
News by Allie Longford on 08:58 EST December 14, 2016
News by Allie Longford on 08:35 EST December 02, 2016
News by Allie Longford on 04:46 EST November 24, 2016It's now two weeks after the election of Trump as the next leader of the free world and nothing that was anticipated as the likely scenario in the, then, unlikely event of him winning has materialised in terms of stock markets and the dollar.
News by Allie Longford on 11:47 EST November 10, 2016
News by Newsroom on 08:39 EST November 04, 2016