Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: This global dip, sans Shanghai, may continue for 2 more of sessions before bouncing.PE DJIA at 24797.78, -0.67% is holding below the 21-day MA on the daily lines charts. So, while the Southside momentum continues, a test to 24500-24000 looks possible now. DAX at 12470.49, -0.14% […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA still looks stable to strong in here. PE DJIA at 24964.75,-1.01% as expected fell slightly Tuesday. The 21-Day MA on the daily line charts looks to be acting as a near term resistance, while that holds, DJIA  could possibly test lower levels of 24500 24000 yet this […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA still looks stable to strong in here. PE Note: China markets are closed for the Lunar New Year, back next week DJIA at 25219.38,+0.08% could move to 26000-26500 on a break above resistance near 25500. Medium term looks Bullish to me DAX at 12385.60, -0.53% sees resistance at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong in here. PE Note: Overall major world stock indices look to be  recovery mode after the correction last week. We are cautious in here. DJIA at 25200.37, +1.23% is moving up nicely, a clear break above 25500 can drive it to previous highs […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong in here. PE DJIA at 24893.49, +1.03% recovered well and looking Bullish near term after a break of 24500 on the Northside. My target is 25000-25275 now. DAX at 12339.16, +1.17% is ranged within 12400-12000. A break above 12400 could drive the price […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong in here. PE Note: Overall major stock indices are mixed. While DJIA looks Bllish, DAX may trade sideways. Nikkei is trading near Key support which may hold or break to the Southside. Shanghai has recovered from deep lows and may now be in recovery […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong inhere. PE DJIA at 24601.27, +1.38% could trade within 24800-23000 region and try to move above 24,800 near term with  25,200 in sight. Note: Support 23,563 on the 3-Day, if it holds may take it higher towards 25,500 in the coming sessions. The […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong inhere. PE DJIA at 24190.90, +1.38% may trade within 24500-23000, and try to move above 24500 near term. Note: Support near 23200 on the 3-day, which if it holds, may drove DJIA to Key resistance at 24800 this week. DAX at 12107.48, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Overall, I am Bearish near term. PE DJIA at 23860.46, -4.15% came off to re-test 24000 indicating that the fall may not be over yet. There is good support in the 23600-24000 area, which may hold in here. DAX at 12260.29, -2.62% came off, as Key resistance […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA bounce off of the 10% mark Monday, tested it Tuesday, and bounced sharply into the Green, moving up and down testing and retesting on heavy volume.PE DJIA at 24893.35, -0.08% moved up to test near 25500. Near term is likely to see some ranged-trade in the […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA bounce off of the 10% mark Monday, tested it Tuesday, and bounced sharply into the Green.PE DJIA at 24912.77, +2.33% recovered the bottom test Tuesday and can rise above 25500 near term. While weekly support at 23600 holds, a further bounce in the next few sessions […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA’s Key support broke and the machines took over Monday. And globally stock indices are down and have entered into a sharp corrective more after the long rally. Corrective pullback is likely to continue this week. All indices seem to be above Key supports which if they breaks […]

The Stock Market, “Nothing New Under the Sun.”

The Stock Market, “Nothing New Under the Sun.”

The Stock Market, “Nothing New Under the Sun.” $DIA, $SPY, $QQQ, $VXX  The DJIA dove almost 1,600 points, bottomed and bounced, as expected. Late Monday afternoon, Tom Farley, President of the New York Stock Exchange, said the stock market functioned correctly despite the tumult late in the afternoon. “There’s nothing new under the Sun.” The […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA’s Key support held. PE DJIA at 25520.96, -2.54%) has seen the sharpest decliner since the rally that started from levels near 15500 in February 2016. With this there could be some possibility of some more fall towards 25000-24500 levels before resuming the uptrend. Near term looks Bearish […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA’s Key support held. PE DJIA at 26186.71, +0.14% held Key support at 26000, while it trades above 25700-26000, DJIA may attempt to move higher towards 26500 near term. DAX at 13003.90, -1.41% came off sharply to test Key support at 13000, an important mark near to medium […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA’s Key support held. PE DJIA at 26149.39, +0.28% was stable Wednesday. Note: that 25700-26000 is Key near term support region which may hold, keeping DJIA range-bound within 26700-25700. DAX at 13189.48, -0.06% to move down to support at 13100-13000, then a bounce may be expected  […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Watch the FOMC meeting results Wednesday. The Market Bulls seems to have paused to refresh, and may trade sideways or see another dip in here. PE DJIA at 26076.89, -1.37% has come off from near 26700 as expected. While trading below 26700, it could test interim […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26439.48, -0.67% is in a strong upward rally, I do not see any immediate resistance to limit further Northside action. DJIA looks Bullish in here to me. DAX at 13324.48, -0.12% came off to 13300. And while below 13400, it may test 13200 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26616.71, +0.85% is moving North, headed to 27000 or higher near term. DJIA looks Bullish to me. DAX at 13340.17, +0.31% came off sharply, and, while below 1340, Southside is open to 13000. Nikkei at 23749.33, +0.50% is stable in here. But USD/JPY […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26392.79,+140.67 spiked against my expectation, and has room to move higher on US President Donald Trump’s tough talk at the WEF in Davos, CH Thursday, more ‘align or be left behind” is expect Friday. The Psych  resistance is 26500, and that is possible near […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26252.12, +0.16% was stable Wednesday No major movement expected in here. Trading within 26000-26500 is seen near term. DAX at 13414.74, -1.07% came off from 13600 to re-test 13400 Wednesday. While trading above 13400, there could be chances of a rise to 13600 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26210.81, -0.01% appears stable. I am holding my view of a rise to 26400-26500 in here. DAX at 13559.60, +0.71% gaped open, and is trading higher. While trading above 13500, there is room to rise to 13750 or even higher now. Nikkei at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26214.60, +0.55% finished up Monday and could continue to 26400-26500 near term. DAX at 13463.69, +0.22% may test support at 13400, then try to move to 13600 in the coming sessions. While trading above 13400, my view is Bullish. Nikkei at 24037.86, +0.93% […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The Key global stock markets have all moved up nicely in the last few weeks and are likely to test resistance levels above current marks, which if they holds could push the prices to lower soon. PE DJIA at 26071.72, +0.21% is stable near current marks and […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 26017.81, -0.37% is likely to test at 26200 as mentioned Thursday and could come off a bit from there. DAX at 13281.43, +0.74% moved up Friday and could test at 13400 next. Near term looks Bullish for DJIA and DAX to me. On […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 26115.65, +1.25% now has 1st resistance near 26200, if it holds, may see a dip to 25600-25800. DAX at 13183.96, -0.47% look headed to 13000 near term or stay in pause mode for a few sessions. The 3-Day candle signals some more Bearish […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 25792.86, +0.04% dipped slightly from 26100, but while it traded above 25500, DJIA looks Bullish medium term to me. Note: Key resistance is now seen at 26100 on the dailies. DAX at 13246.33, +0.35% has room to test at 13400, and […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: World stocks are overall mixed, almost all indices have rallied enough in the past few months and are likely to come off some, they lack any Bearish momentum and are unable to see follow through selling. We will see if they can power through the resistance barrier […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stocks are all stable now. PE DJIA at 25574.73, +0.81% and upside may not be over. A test of 25200-25000 is possible before again moving to 25400-25600  medium term. Overall DJIA is in an uptrend and is likely to continue. Remember, the trend is your friend. […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stocks look mixed in here, but DJIA looks Bullish. PE DJIA at 25369.13, -0.07% looks Bullish to 25400-25600 as mentioned earlier. DAX at 13281.34, -0.78% is finding it difficult to hold a break above 13400, while below that, DJIA could also come off to 13200-13000 soon. Near […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Stocks look Bullish. PE DJIA at 25385.80, +0.41% is headed to 25400-25600 as mentioned last week. DJIA look Bullish to me. DAX 13385.59, +0.13% is trading at major resistance at 13400. In case it holds, DAX could come off to 13200 or lower, or it could move up to […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Stocks look Bullish. PE DJIA at 25283.00, -0.05% was quiet Monday. There is room for a move to 25400-25600 before a dip or consolidation is seen. Overall, DJIA looks Bullish to me. DAX at 13367.78, +0.36% closed below resistance at 13400, while that holds, DAX could pause awhile before […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Stocks look Bullish. PE DJIA at 25295.87, +0.88% finished above 25000 Friday, breaking above the weekly resistance. We may well see a rise to 25400-25600 near term. DJIA looks Bullish in here to me. DAX at 13319.64, +1.15% broke above 13200 . This rise may re-test at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 25075.13, +0.61% is trading just above weekly support at 25000, while the daily and the 3-Day candles show some more room to the Northside. DJIA could trade sideways for a few sessions before try move up to 25400. DAX at 13167.89, +1.46% continues to trade […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 24922.68, +0.40% stayed below 25000 during the Christmas Holiday week, and could now attempt to move towards resistance near 25400 on the daily candles over the next 2 of weeks. DAX at 12978.21, +0.83% tested support near 12767 on 2 January, and is now seeing […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The major stock market indexes pre-New Year will remain quiet without much movement. PE DJIA +28.09 at 24774.30, NAS Comp +3.09 at 6939.34, S&P 500  +2.12 at 2682.62 Volume: Trade on the NYSE was light at 548-M/shares exchanges. NAS Comp: +28.9% YTD DJIA: +25.3% YTD S&P 500: +19.8% YTD S&P Midcap 400 Index: +14.8% YTD […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: As the major stock market indexes move pre-New Year stocks will remain quiet without much movement. PE Thin Christmas Holiday trade as various markets closed in Asia/Europe including: Hong Kong, Australia, New Zealand, France, Germany, Spain, Switzerland, UK and Italy. DJIA -7.85 at 24746.21, NAS Comp -23.71 at 6936.25, S&P 500 -2.84 at 2680.50 It was a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The major stock market indexes will move into Holiday mode from next week, equities may remain quiet without much movement. Some range-trade looks likely near current marks. PE DJIA at 24782.29, +0.23% is trading below 25000 and could remain sideways Friday, with narrow movement within 25000-24600. And, there […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: News stating lower US tax rates for consumers, bankers and retailers will continue boosting to US stocks.PE DJIA at 24726.65, -0.11% has major resistance at 24900, while that holds, DJIA could spend time ranged within 24900-24700. A possible dip to 24600 or lower looks likely before next up-leg […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The US Republicans lawmakers will send their tax reform plan to President Trump this week, news stating lower tax rates for bankers and retailers is giving a boost to US stocks.PE DJIA at 24754.75, -0.15% came off after testing at 24800 Tuesday. DJIA may remain stable for another session […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Expectations that the US Republicans lawmakers sen their tax plan to President Trump this week plus news stating lower tax rates for bankers and retailers is giving a boost to US stocks.PE DJIA 24792.20, +0.57% is headed to 25000 and it could happen faster than expectations. Near […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new.PE DJIA at 24651.74, +0.58% could spend a few sessions sideways before moving up to 24800 or higher. Near term looks Bullish to me. DAX at 13103.56, +0.27% rose from 13000, but while below 13150, chances of a fall again to 12900 remains. A clear break […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new.PE DJIA at 24508.66, -0.31%) has weekly resistance near 24700 and if that holds, the index could enter into a sideways consolidation mode within 24700-24000 before again moving up towards 25000 in the longer term. DAX at 13068.08, -0.44% came off sharply to re-test 12900 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Fed hiked interest rates by 25bpts as expected, has not impacted the DJIA much.PE DJIA at 24585.43, +0.33%) inched up to test 24666 before closing at slightly lower levels yesterday. We continue to look at important resistance near 24800 and while that holds, Dow could come off sharply […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing changed. PE DJIA at 24504.80, +0.49%, and DAX at 13183.53, +0.46% are up about 0.50%. While DJIA has room to rise to 24600, DAX does not look very Bullish while below resistance at 13200. Note: DAX could test to 13000, while DJIA inches up near term. Nikkei at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing changed. PE DJIA at 24386.03, +0.23% looks to be heading to 24600 in here. Movement could be small and narrow, but looks positive near term to me. DAX at 13123.65, -0.23% came off a bit, and remains below 13200. Looking at the 3-day and the weekly candle, there […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing changed. PE DJIA at 24329.16, +0.49% looking North to 24600-24800. Near to medium term support is at 24000 which is likely to hold in here. DAX at 13153.70, +0.83% tried to break out after some sideways consolidation within 13200-12900 While DAX remains above 13000-13100, there could be some […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing changed. PE DJIA at 24211.48, +0.29% bounced up Thursday. Daily candle support is seen near 24000. A test of 24000 is possible before the index rises back to 24600. DAX at 13034.88, +0.28% remain in its sideways consolidation mode and could spend some more time there, say a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing changed. PE DJIA at 24140.91, -0.16% is falling as expected and could test 24000-23750, before resuming its rise to 24500. DAX 12998.85, -0.38% rose sharply from near 12900. Sideways consolidation is likely to continue for the week before DAX show us direction. Nikkei at 22457.74, +1.27% tested […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global indices are trading weak Wednesday. China looks weak near term, while DJIA and DAX could be in a short term consolidation mode. Nikkei and the Indian markets also look weak, too. PE DJIA at 24180.64, -0.45% has come down as expected on its way to test […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI DJIA at 24290.05, +0.24% tested above 24500 Monday before coming off. A fall to 24000 looks likely in the next few sessions. DAX at 13058.55, +1.53% rose to 13100 Monday and has managed to stay above 13000. Near term could see some sideways consolidation within 13200-12900, as mentioned […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Growth in US GDP at an annualized rate of 3.3% in the past Quarter boosted a rise in the stock market last week and month. PE DJIA at 24231.59, -0.17% is testing channel resistance on the daily and could trade in the 23800-24400 range for 2-3 days before […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Growth in US GDP at an annualized rate of 3.3% in the past Quarter boosted a rise in the stock market. PE DJIA at 23940.68, +0.44% rose to marks above my target at 23900 and beyond the immediate resistances. Now DJIA looks strongly Bullish and could target levels […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indices continue to look Neutral to Bullish. PE DJIA at 23836.71, +1.09% has risen sharply and is trading above my target at 23800. Resistance is visible near here, which if holds, may push the index back towards 23500, or a clear break above 23850 will drive Dow to 24000, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indices continue to look Neutral to Bullish. PE DJIA at 23580.78, +0.10% looks to test at 23750-23800 in here. Movement is narrow and stable so the rise may take a few sessions to materialize before again coming off towards 23500 or lower. Near term looks stable to Bullish to […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indices continue to look Neutral to Bullish. PE DJIA at 23557.99, +0.14% moving to 23600, my medium term target at  23750-23800 remains. The rise could be slow and small and could take some time to reach 23800. Note: 23800 could act as major resistance and could keep the index […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indices continue to look Neutral to Bullish. PE DJIA at 23526.18, -0.27% was closed Thursday, I see a chance of testing 23750-23800 near term. Range trade within 23400-23800 to continue, on a breakout see 24,000. DAX at 13008.55, -0.05% saw an intra-day low at 12921 Thursday before bouncing to […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indices are all traded higher Tuesday, an continue to look Bullish. PE DJIA at 23590.83, +0.69% rose as expected to near 23600. There is room on the Northside to 24000 and higher on the weekly candles, the 3-day and dailies suggest little room on the Northside with resistances coming […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indices are all trading higher Tuesday. Sideways consolidation is possible near term if not a immediate rise. PE DJIA at 23430.33, +0.31% is stable, while above 23200, there is room to move to 23600. Sideways consolidation is likely to continue in here. DAX at 13058.66, +0.50% is holding […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Most major indexes are trading weaker. PE DJIA at 23358.24, -0.43% can still test at 23600, while trading above 23200. But in case DJIA breaks below 23200, a test to 23000 is possible before resumes the uptrend. DAX at 12993.73, -0.41% was unable to move above 13100. So, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall global stocks look Bullish on the US House passing it tax reform bill. PE DJIA at 23458.36, +0.80% bounced back sharply from above 23200 levels contrary to expectations. While there is still room to test 23000, while that holds a rally to 23600-23700 looks likely medium […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indexes are trading lower, and that may extend for a few more sessions.PE DJIA at 23271.28, -0.59% has come down, and could head to my target at 23200-23000 in the next few sessions. Note: 23000 is Key near term support and likely to hold medium term producing […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indexes are trading lower, and that may extend for a few more sessions.PE Resistance near 23600 on DJIA at 23409.47, -0.13% is holding now, and could push DJIA down to 23200-23000  near term. Near term likely to remain Neutral to Bearish. DAX at 13033.48, -0.31%) bounced […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23439.70, +0.07% sees near term support at 23320 and has some chances of moving up from here to 23500 and higher. A break below 23320 will take it lower to 22800 near term. DAX at 13074.42, -0.04% moved to support at 12900-13000, and bounced […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23422.21, -0.17% is coming off resistance on the 3-day candle, and the dip may last for some more time heading to 22800 medium term, or a clear break above 1st resistance could take it up to 24000 this week. DAX at 13127.47, -0.42% is […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23461.94, -0.43% sees 1st support near 23400, next support on the weekly at 23000. While that holds, there could be a dip in the DJIA Friday before  trying to rise medium term. DAX at 13182.56, -1.49% has come off from resistance seen on the […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23548.42, +0.04% is stable, and is open to test 23800 in here. Near to medium term looks Bullish to me. DAX at 13468.79, -0.07% likely to trade sideways in the 13500-13400 for a few sessions before resuming the uptrend. A clear break below 13400 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23539.19, +0.10% closed Friday’s session at higher marks. The Northside is open for a test at 23800. Near term looks Bullish to me. DAX at 13478.86, +0.28% is quiet, and has been stable since Friday. DAX could attempt a rise to 13600-13700 near term. […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23516.26, +0.35% moving up and the 3-day line showing a possibility of a rise to 24000 maybe in this month. Near to medium term looks strongly Bullish to me. DAX at 13440.93, -0.18% is testing resistance on the 3-day candle, but at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall, the global indexes look strong and Bullish near term. But, the exhaustion levels for the indices are not very far off. We could soon see a healthy correction medium term.PE DJIA at 23435.01, +0.25% wants to move up after a few sessions of sideways consolidation. A rise […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23377.24, +0.12% closed higher, and  remains stable in here, 23250-23200 could act as 1st and 2nd supports for the coming sessions, which could then drive DJIA up to 23500-23750. DAX at 13229.57, +0.09% looks Bullish in here, and could head 13300-13500 near […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global stock indexes are all strong and the Bulls are not giving ground now except Shanghai and Nikkei. Nikkei could be vulnerable to a fall in here, while Shanghai remains ranged. PE DJIA at 23348.74, -0.36% is stable near current marks for the last 3-4 sessions. 23250-23500 region […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 23400.86, +0.31% stable above 23250, and will attempt a rise to 23750, longer term, 23750-24000  could be an immediate top for DJIA, but maybe not. Do not call  tops. DAX at 13133.28, +1.39% breaking above 13100, possibly inviting The Bulls to take […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA saw all resistances broken Tuesday. Overall the major stock indices are in a rally and may soon reach their exhaustion point from where a correction of 8 – 10% is possible medium to long term and maybe not. PE DJIA at 23329.46, -0.48% has rallied from 21750 could […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA saw all resistances broken Tuesday. PE DJIA at 23441.76, +0.72% The Trump Rally extends. The Bulls remain strong, and may continue to dominate prices for some time to come. Test to 23500-24000 would not come as a surprise to me into the end of the year. DAX at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA saw all resistances broken last Friday. PE DJIA 23273.96, -0.23% saw its 1st dip since its rally from 22288 seen on 28 September 2017. If the pul back continues, we could see it extend towards 23200-23000 near term. DAX at 13003.14, +0.09% remain in the 1310-12900 area, and […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA saw all resistances broken last Friday. PE DJIA at 22328.63, +0.71% saw all resistances broken, and the index has been sharply rallying to make fresh highs almost daily. While the momentum remains intact, 23400-23500 is seen in the next few days. DAX at 12991.28, +0.01%, dip seen […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 22997.44, +0.18% has marked my target at 23000, the Bullish momentum looks strong for the coming sessions which could drive DJIA to 23250 realsoon. DAX at 12995.06, -0.07% is trading along the Key resistance at 13000-13050, and could remain sideways for a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global stock indices look Bullish now to me. DJIA could be set up for some more to the North in the coming sessions, Nikkei and DAX may pause to refresh near here. PE DJIA at 22956.96, +0.37% is rising towards 23000-23250 near term. Then a small dip […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 22871.72, +0.13% is headed to my expected 23000-23250 marks near term. Overall my view remains Bullish for this week. DAX at 12991.87, +0.07% made an intra-week high at resistance of 13036 last week and if DAX rises above 13036, could indicate a move […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 22841.01, -0.14% may have a chance to testing at 23000-23250 near term. DAX at 12982.89, +0.09% may continue to trade sideways and spend some frames without any actual definitive movement. Nikkei at 21003.50, +0.23% has made a multi-year high after breaking above Key […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA 22872.89, +0.18% is trading just at the resistance on the 3-Day candle, at the same time broke resistance on the weekly candle indicating a rise towards 23250, while trading above 22850, 23000-23250 could be tested soon. DAX at 12970.68, +0.17% is ranged within 13000-12900, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA 22830.68, +0.31% could face rejection from resistance zone of 22800-22850 levels and could possibly see a corrective dip in the next few sessions. Only on a break above 22850, we would look at higher levels of 23000. DAX 12949.25, -0.21% is trading below major […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 22761.07, -0.06% could trade below the resistance near 22800-22850, and may have been exhausted after the recent rally in the last few weeks. A pause could be expected where DJIA may trade sideways in the 22500-22800. A test of 22500 could happen […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Most indices gained according to my expectations, and the Bulls are in charge PE DJIA at 22775.39, +0.50% broke above all resistances, and the Bulls are in control now. While the Northside momentum is intact, see a rise towards 23000-23250 soon. DAX at 12968.05, -0.02% is stable Friday, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Again, most indices gained contrary to the expectations of many analysts (not me), but could soon test resistance, and perhaps fade a bit. PE DJIA at 22661.64, +0.09% is trading higher. 22750 is the 1st target for the next few sessions. DAX at 12970.52, +0.53% may face rejection at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Again, most indices gained contrary to the expectations of many analysts (not me), but could soon test resistance, and fade a bit. PE DJIA at 22641.67, +0.37% has been moving up ignoring all political and recognizing economic growth factors. New highs this week could enable The Trump […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Most indices gained sharply contrary to the expectations of many analysts (not me), but could soon test resistance, and fade a bit. PE DJIA at 22557.60, +0.68% spiked on the ISM Manufacturing Index came in higher than expected at 60.8 in September, the highest since May 2004 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI DJIA at 22381.20, +0.18% is stable above 22200, and while that holds, some chances of a rise to 22400 or higher may happen. A clear break below 22200 could push it to 22000, or a rise above 22400 could drive it to 22600 near term. 50/50 chances for […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Corrective dips are expected in most of the indices except DAX, which has some more room on the Northside before pausing to refresh. PE DJIA at 22340.71,+0.25% could stay stable near current marks or move South towards 22200-22100 near term. While DJIA remains below 22600, Bearishness may remain intact […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall the world’s major stock indices are in an uptrend, but could see some consolidation, pullback or healthy corrections (10%) in the coming sessions. PE DJIA 22284.32, -0.05% looks Bearish to 22200-22100, could test these marks soon. DJIA while tradng below 22400, near term looks Bearish to me. DAX at 12605.20, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall the world’s major stock indices are in an uptrend, but could see some consolidation, pullback or healthy corrections (10%) in the coming sessions. PE DJIA 22296.09, -0.24% moved back up from support near 22200 Monday, but could again try to test 22200-22100 near term. DAX at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 22349.59,-0.04% could see a small pull back after the recent rally from 21800 to 22400. A test of 22200 is possible before resuming the long term up trend. DAX at 12592.35, -0.06% almost went up to test the interim resistance at 12675, but came […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 22359.23, -0.24% saw its 1st dip in the last 9-sessions, this could be limited to 22200 from where the index can resume its uptrend. DAX at 12600.03, +0.25% is set to move higher and could move up to 12800 near term. Thereafter […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stocks look Bullish to Neutral near term. Be cautious Nifty, Shanghai and DAX, as there are some important resistances near term. PE DJIA at 22412.59, +0.19% is strongly Bullish and is rising fast to my target at 22500-22600, 1st rejection could be seen near 22600. DAX at 12569.17, +0.06% […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Am cautious Nifty,  as it is trading below important resistance. DJIA, Nikkei and DAX continue to look Bullish. Shanghai may be in the initial phase of a correction. PE DJIA at 22370.80, +0.18% is in an uptrend and see a test of 22500-22600 in the coming sessions. DAX […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA look Bullish to me in here, and almost all other indices look positive and Bullish for this week sans Shanghai which could remain stable. PE DJIA at 22331.35, +0.28% could test 22400-22600 near term. DAX at 12559.39, +0.32% looks potentially Bullish on the 3-day candle having a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA look very Bullish to me in here. PE DJIA at 22268.34, +0.29% looks very Bullish now, rising fast targeting 22400-22500 near term. DAX at 12518.81, -0.17% is stable below 12600. A break on the Northside could take it higher towards 12750-13000. Nikkei at 19909.50, +0.52% can test 20050 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA, DAX and Nikkei look Bullish to me in here, other seeing sideways. PE DJIA at 22203.48, +0.20% is trading higher, breaking the previous high of 22200. If the rise sustains, DJIA could rally towards 22300-22400 soon. DAX at 12540.45, -0.10% is stable and could move higher towards 12750-13000 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA, DAX and Nikkei look Bullish to me, while Shanghai may trade sideways attempting to move up eventually. Nifty trades below the all time high of 10140. Need to watch price action in here. PE DJIA at 22158.18, +0.18% is rising as expected and could re-test 22200 seen […]