Thursday, July 15, 2010
U.S. equity futures markets moved higher in pre-market trading after a lackluster overnight trade, bolstered by news that earnings from J.P. Morgan exceeded analyst estimates. The company reported a net profit per share of $1.09, compared with the analysts’ consensus forecast of 67 cents.
The company said that the gain was attributed to [...]

Friday, June 18, 2010
Global equity markets traded flat overnight and in a very tight range as investors searched for a catalyst which would drive the market higher. Without any major economic reports today, traders are most likely going to watch the Euro for direction.
The recent flow of money back into the Euro can best be [...]

Thursday, June 17, 2010
U.S. equity markets are called higher this morning after a flat trading day on Wednesday. Global markets received a boost a short while ago after it was reported that the auction of Spanish Bonds was oversubscribed.
This news helped ease concerns amongst traders who were taking a cautious approach to the long side [...]

Wednesday, June 16, 2010
Stock markets took a break overnight after a huge run-up in the U.S. markets on Tuesday. Investors pared positions ahead of Wednesday’s producer price, housing starts and industrial production reports.
On Tuesday, U.S. equity markets soared, fueled by the belief that the financial problems in the Euro Zone and the slow-down in the [...]

Tuesday, June 15, 2010
The September Euro is rallying this morning after testing the 50% level at 1.2164 overnight. The actual low of the break from Monday’s high was 1.2167. The ability to recover after early session weakness is a sign that investors are shrugging off yesterday’s news that Moody’s downgraded Greece’s debt. The strong turnaround [...]

Monday, June 14, 2010
U.S. equity markets are trading higher overnight as investors are buying on speculation that government reports this week will show the global economic recovery is back on track. Easing of tensions in Europe is triggering a short-covering rally in the Euro which is helping to lead to increased demand for higher risk [...]

Friday, June 11, 2010
U.S. equity markets are trading flat to better several hours before the New York session opening, but this could change because of the release of the U.S. Retail Sales Report. This report which is due out at 7:30 a.m. central is expected to show an increase of 0.2% versus the prior month’s [...]

Thursday, June 10, 2010
A stronger Euro overnight is helping to drive up demand for risky assets, sending U.S. equity markets higher before the opening. The ability to regain the psychological 1.20 price level triggered short-covering rallies in the global equity market, leading to the call for higher openings in New York this morning.
The E-mini S&P [...]

Wednesday, June 9, 2010
U.S. stocks are expected to open slightly better this morning. The markets traded sideways-to-lower overnight, but shortly before the New York opening are challenging yesterday’s high. Risk sentiment seems to be turning positive which should help increase demand for higher yielding assets today.
U.S. equity markets posted a strong recovery late in the [...]

Tuesday, June 8, 2010
U.S. equity markets are expected to open better this morning despite a break from their overnight highs. Stocks were trading better in the night session following a sharp sell-off on Monday. Traders were reacting to the firm Euro and to positive comments from Fed Chairman Bernanke.
The break on Monday in the June [...]

Monday, June 7, 2010
Although U.S. equity markets have recovered their overnight losses, the fundamentals which influenced the market on Friday are likely to have a lingering affect on the stock markets today. Traders will be looking for bargains today and will be largely influenced by the action in the Euro especially since this currency has [...]