January 11, 2011 – 9:16 am
U.S. stock index futures are positive this morning after a mixed session in Asian markets and a moderately stronger start in Europe. European market futures and the euro turned positive overnight as Japan pledged to purchase up to a fifth of the bonds issued for the Eurozone financial-aid fund. That move saw the euro trade [...]
December 27, 2010 – 9:46 am
The last trading session before Christmas was another day of light volume that saw the indexes little-changed. This time the markets ended fractionally down as opposed to the many slight in recent weeks. Levels remain largely as they were Thursday morning. One exception is that support has moved up to the 10-day moving average for [...]
December 22, 2010 – 9:37 am
U.S. stock index futures are practically unchanged this morning, keeping with the tone of global markets. Asian markets were mixed as China and Japan finished lower, but the moves were not large. Japan said it expects its growth rate to slow by 50 percent for 2011 and 2012. European markets are positive but fluctuating close [...]
December 17, 2010 – 10:57 am
After a rocky start the markets managed to pull off a green day, finishing closer to the highs than to the lows. Index levels didn’t change much, however, with the exception of the Russell 2000. The Russell has flipped back to Wednesday morning’s levels in a 180-degree turn. What was resistance now becomes support. A [...]
November 23, 2010 – 11:45 am
Stocks Down Sharply In Mid-Morning Trading Stocks are posting steep losses in mid-morning trading on Tuesday, with flaring tensions between North and South Korea driving the selling pressure. In Europe, Ireland remains the headline concern amid the debt contagion plaguing the Eurozone. The worries are eclipsing U.S. economic data, including a better than expected upward [...]
July 13, 2010 Stocks are posting substantial gains in mid-morning trading on Tuesday, with buying interest driven by a strong start to the earnings season by a number of key firms, including Alcoa (AA) and CSX Corp. (CSX). The major averages are moving higher for a sixth straight session. Early upside came in reaction to [...]
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