Tuesday, EU powers accused Iran of “pursuing activities inconsistent with its commitments” under a Y 2015 nuclear deal and called for an urgent meeting of the parties to the agreement to discuss Tehran’s compliance. Britain, Germany, France, Russia, China and Iran are the remaining parties to the deal – known as the Joint Comprehensive Plan […]
FLASH: Secretary Mnuchin, “Trump Order Will Lock up Billions More in Iranian Assets” Monday, President Trump signed an executive order targeting Iran’s supreme leader and his associates with financial sanctions, the latest action the US has taken to discourage Tehran from developing nuclear weapons and supporting militant groups. The sanctions follow Iran’s downing of a […]
$OIL, $USO The United Arab Emirates’ Top diplomat says evidence his country possesses indicates that recent attacks against Crude Oil tankers inside UAE waters were “state-sponsored.” Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan did not name the state, but said his country wants to work with other nations to prevent a further escalation of […]
Iran is “getting desperate” after the United States lifted sanctions waivers on 5 countries in early May, and the attacks on 2 Japanese-owned Crude Oil tankers is the “most provocative” to date, and Iranian leaders are lying when they say their nation was not involved, Representative Michael McCaul (R-TX) said Friday. “This is clearly an […]
Iran’s President Hassan Rouhani in Switzerland as Protests Disrupt the Country $OIL Iranian President Hassan Rouhani is in Switzerland for talks focused on salvaging progress from the Iran nuclear deal after The Trump Administration’s walkout. Monday, President Rouhani began a 2-day visit starting in Zurich before heading to Bern, the capital, for deal-signings, talks and […]
Abu Dhabi Sovereign Wealth Fund is the World’s Top Real Estate Investor ADIA is 1 of the richest sovereign wealth funds in the world managing $62.1-B in real estate assets. Abu Dhabi Investment Authority (ADIA) is the #1 real estate investor in the world, a research report said, a sign of Gulf sovereign wealth funds […]
WWIII: NKorea’s Obese Boy Leader Has “Death Wish” Kim Jong Un, true age unknown, repeated his wild claims that he could hit the US with a nuclear weapon, saying that its deterrent is “irreversible” and would prevent President Donald Trump from starting a war. He says he plans to send a delegation to the Winter […]
Traders Believe that the US Economy is not as Strong as Fed Thinks $DIA, $SPY, $QQQ, $VXX The head of NYSE floor operations for UBS, Art Cashin, said he doubts the Fed will be able to raise interest rates again this year because of underlying weakness in the US economy. “The Fed is going to […]
DJIA Saw Resistance, Traded to the Bottom of Trading Range $DJIA, $SPY, $QQQ, $VXX The DJIA traded down 372.82 pts, Treasuries rallied the most since Brexit and volatility spiked up, as the indexes back off of all time highs profit taking. Many pundits are declaring political aspects to this pullback, however, I have been expecting it […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20943.11,-0.16% came off as expected and could test to 20780 near term before bouncing. A test of higher marks near 21000 may be delayed a bit. DAX at 12757.46, +0.07% is set to test 13000 […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20975.78, -0.17% tested 21050 on the Northside before coming off. Some profit taking is possible in the 21050-21100 area now with a possible extension of the current run towards 21200. Some corrective dip is preferred […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall globally stocks are mixed. China looks negative, Europe and US looks potentially Bullish. Japanese and Indian stocks could remain ranged near term. PE DJIA at 21012.28, +0.03% is stable, trying to move North towards 21050-21100 in the next […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Emmanuel Macron wins the final round of the French elections to become the youngest President, winning by a fair margin of 66% to 34% against Marine Le Pen, as per the results released Sunday night.PE DAX at 12716.89, +0.55% make […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new. PE DJIA at 20951.47, -0.03% finished lower and lack of any directional momentum now keep the price stable. While trading below 21000, we could expect a test of 20800-20600 before starting to rise again. DAX at 12647.78, […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The stock markets are stable and no real impact is seen after the FOMC Wednesday as it kept rates unchanged and reiterated its maintenance of the existing policy. PE DJIA at 20957.90, +0.04% is seeing difficulty to move above […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The Japanese markets are closed, and all other major markets are trading very quietly, mostly waiting for the FOMC comments due this afternoon and the 2nd round of the French Presidential election Sunday. PE DJIA at 20949.89, +0.17% stuck […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Almost all stocks are stable and could consolidate in here. Resistances are seen just above current marks, a pullback is possible in here: PE DJIA at 20981.33, +0.03% stable Thursday, is not attempting to rise above 21000 yet, target […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The tax plan released by US President Trump Wednesday proposed to slash business taxes. It proposed to cut income tax rate from 39.6% to 35%, reduce corporate tax from 35% to 15% and to reduce the 7 tax brackets […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The US markets are up ahead of the tax reform statement from US President Trump Wednesday. PE DJIA at 20996.12, +1.12% looks Bullish and could see 21200 near term. DAX at 12467.04, +0.10% holding above 12390, but is close […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Results of the 1st round of French elections brought in hopes to the investors throughout the world except China. Mr. Macron would face off with Ms. Le Pen for the 2nd round on 7 May, but stocks could see […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA loing to open up significantly, as The Trump Rally extends. PE DJIA at 20547.76, -0.15% sees 1st support near 20370-20350, which could be tested in the coming sessions. Thereafter a rise back towards 20600-20700 is possible in the longer run. […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Almost all major indices have bounced from 1st support marks and may move further North near term.PE DJIA at 20578.71, +0.85% bounced from support near 20400, a rise towards 20700 is seen near term. DAX at 12027.32, +0.09% up from […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20404.49, -0.58% closed below 20410, the immediate price momentum indicates the possibility of a further fall towards 20250-20200 in the next 1-2 sessions. DAX at 12016.45, +0.13% trading just above 1st support at 1960-11930, […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: US-North Korea tensions, the French elections and news of the UK snap elections on 8 June adding on to the news keeping the global indices in caution mode. European stocks saw a sharp fall Tuesday and may not rise […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Some recovery seen in most indices, but need price confirmation to say that the corrective phase is over, or there could be some more Southside action near term. PE DJIA at 20636.92, +0.90% bounced from support near 20410 halting a […]
Trump Effect: US Consumer Optimism Strongest Since November 2000 $DIA, $SPY, $QQQ, $VXX Consumer sentiment climbed in early April to 3-month highs as consumer optimism on current economic conditions under President Donald Trump rose to its strongest marks since November 2000. The University of Michigan Surveys of Consumers (MSI) said its preliminary April consumer sentiment […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: 4-month lows seen in Nikkei, Shanghai may see a short dip near term. DJIA may keep up sideways action, DAX looks Bullish. PE DJIA at 20591.86, -0.29% came down a bit Wednesday, 20500-20410 is an important near term support […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks are mixed overall, with some room to rise seen for the coming sessions.PE DJIA at 20651.30,-000.03% bounced from near term support near 20510. While that holds, DJIA could bounce back towards 20780 in the next 2 sessions. DAX […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Geo-political situation unchanged, Asia-Pac: Chinese and Japanese stocks looking weak. PE DJIA at 20658.02, +0.01% stable and in a sideways consolidation mode as expected. Some steady movement in the 20780-20500 region is possible in the next couple of sessions […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: None. PE DJIA at 20656.10, -0.03% in here. The last 2 daily candles indicates a stable movement near term. We may expect some sideways consolidation in the coming sessions. DAX at 12225.06, -0.05% is trying to move North towards […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: News of US missile strike on Syria Airbase has kept the Japanese stocks down Friday.PE Nikkei at 18588.87, -0.04% is trading low today, making a fresh 4-mo low to 18517. In case the index breaks and sustains below 18600, see […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The FOMC Minutes Wednesday aided to losses in the US stocks. The unwinding of the $4.5-T balance sheet indicated in the minutes may lead to more rate hikes this year. Sharp rise seen in Shanghai Thursday while Nikkei seems […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary Again, all stocks are mixed and trading flat to unchanged. DJIA (20689.79), Shanghai, Nikkei and Nifty looks Bullish while DAX could face immediate resistance. Gold and Silver are going nowhere as they keep trading in the narrow range of 1237-1263 and 17.94-18.50 […]
Business Growth in UAE’s Private Sector Taps 25-month Highs $OIL Business activity was led by new projects, a further general improvement in economic conditions and market demand The UAE’s non-Oil private sector registered strong growth in March, in line with the trend so far this year, according to Emirates NBD’s monthly survey. Growth in the […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary Overall all stocks are mixed and trading flat to unchanged. DJIA, Shanghai, Nikkei and Nifty looks Bullish while DAX could face immediate resistance. Gold and Silver are going nowhere as they keep trading in the narrow range of 1237-1263 and […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall stocks are mixed. DJIA, Shanghai, Nikkei and Nifty looks bullish while DAX could face immediate resistance in here.PE DJIA at 20663.22, -0.31% wants to rise from marks near 20400, and could inch up towards 21200 near term. There […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: None: PE DJIA at 20728.49, +0.33%) rose some Thursday and could re-test resistance at 21200 in the next week. Immediate Northside could be limited in here. DAX at 12256.43, +0.44% moved up in line with expectations, breaking above 12220, […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Concerns of monetary tightening continue to impact stocks negatively. PE Shanghai at 3216.73, -0.79% broke below 1st support on the daily candles. Important support below current marks would come near 3200 which is expected to hold medium term. The […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Signs of tightening liquidity is visible as the central bank of China refrained from injection short-term funds into the banking system. This could have led to a fall in stock prices Tuesday.PE Shanghai (3245.91, -0.22%) came off slightly yesterday […]
President Trump Declares a “New Era” Markets Respond, Yes! $DIA, $SPY, $QQQ, $VXX US President declared “the start of a new era” in energy production with the signing an executive order Tuesday that he said would revive the coal industry and create jobs. The move makes good on his campaign vow to unwind and shred former […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Global stock market indices look Bullish near term except the DJIA, which could possible test some more levels on the Southside before pausing at Key support. PE DJIA at 20596.72, -0.29% could be set to break below the daily […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Almost all stock markets globally has bounced Thursday. Stable movement seen near term with more rising in coming sessions. PE DJIA at 20656.58, -0.02% holding above the channel support on the daily and if it continues to hold, see the […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: World’s major stock indices may test 1st support marks which may produce near term bounces. PE DJIA at 20661.30, -0.03% sees support on the daily candles near 20578, if holds, could see a move higher towards 21000 in the […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Just about all world indices have fallen and could continue to trade lower or remain sideways on the week. PE DJIA at 20668.01, -1.14% and DAX at 11962.13, -0.75% finished off from Monday’s marks. DJIA was turned back from Key resistance […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Most stock indices are in a consolidation mode and may continue for a while in here. Broad range-bound movement is possible in that frame. PE. DJIA at 20905.86, -0.04%, and DAX at 12052.90, -0.35% are almost stable without any […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall the stock market indices are stable in here, and could be quiet for a couple of sessions not much movement seen. PE DJIA at 20914.62, -0.10% paused/ranged within 21000-20800 for another couple of sessions before moving back towards […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stock indices are mixed. DAX could see some rejection near current resistance marks; DJIA and Nikkei could remain stable. Shanghai and Nifty are trading strong and look Bullish in here. PE. DJIA at 20934.55, -0.07% is stuck within Key resistance […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks bounced after the FOMC hiked rates by 25 bpts in line with market expectations. PE DJIA at 20950.10, +0.54% bounced from Key support near 20800 and could head towards 21000-21200 near term. DAX at 12009.87, +0.18% has also […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA and DAX look stable in here and could consolidate for some more sessions. Nikkei and Shanghai could come down near term while Nifty looks Bullish. PE DJIA at 20837.37, -0.21% could remain stable near current marks for another […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The sweeping victory of BJP in the Indian state election results Saturday was taken positively in the Indian Markets Monday. PE Nifty at 8934.55, +0.08% may open with a gap up today and could well break beyond the 9000 […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: None. PE DJIA at 20858.19, +0.01% made an intra-day low to 20777, just above Key support 20750 and closed the session higher. Sideways consolidation is possible in the next few sessions with a possibility of seeing some more decline […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Equities are mixed in here: DJIA Shanghai and Nifty could trade lower near term while DAX and Nikkei look Bullish. PE DJIA at 20855.73, -0.33%) is in the correction phase and could possibly extend towards 20750-20700 levels before bouncing back […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Equities are mixed, DJIA in a correction phase, DAX and Shanghai look Bullish near term. Nikkei could bounce from support, need price confirmation on Nifty for directional cue. PE Note: At 4:40a EDT Wednesday 8 March the major US stock market […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Markets feel quiet just now allowing some correction in the indices after the recent rally. PE DJIA at 20954.34, -0.24%, and Dax at 11958.40, -0.57%, closed a bit lower yesterday. DJIA may move towards 20750. DAX could test 11800 on […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: None DJIA at 21005.71, +0.01% may test 20750 or lower before heading towards 21500 again medium term, 1st resistance near 21200-21500 may hold for a couple of sessions. Overall the medium term trend is North. DAX at 12027.36, -0.27% […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Dip seen in almost all indexes, could be temporary. Shanghai, DAX and DJIA could recover to extend further gainers next week, do need confirmed price action from Nifty for further direction. PE DJIA at 21002.97, -0.53% broke above the […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: World stock markets react positively to the US President Donald Trump’s speech Tuesday. Almost all indexes are trading higher and looks Bullish near term except Nifty which is trading at Key marks, and is yet to decide on near […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: None DJIA at 20812.24, -0.12% paused near current marks making a small Red-candle after a long rally from levels near 20061. We may expect a small corrective dip possibly towards 20600 levels before again bouncing higher. Though post-Donald Trump’s […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: None DJIA at 20837.44, +0.08% may see 1st immediate 1st resistance on the 3-day candle, pause and refresh. But looking at the weekly and dailies there could be some more room on the Northside. Overall long term trend is […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks are mixed overall. DAX and Shanghai looks Bullish while DJIA and Nifty could pause near 1st resistance marks. Nikkei is in a contraction and could remain range-bound in here. PE DJIA at 20821.76, +0.05% trading higher and testing […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA and DAX are trading higher, DAX and Shanghai looks Bullish near term. Nikkei is consolidative. Nifty sees Key resistance just above current marks.PE DJIA at 20775.60, +0.16%, and DAX at 11998.59, +0.26% are trading higher. Watch price action […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks have risen sharply and look Bullish near term. PE DJIA at 20743.00, +0.58% is up sharply and looking at this momentum, a pause near 20800 now looks less likely. A break above 20800 helps DJIA to extend The […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA, DAX, Nifty, and Shanghai look Bullish in here with resistance above current marks. We could possibly see a rise in the next 3-4 sessions before a correctio. Nikkei is almost range-bound and could be stuck in its immediate […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: A pause to refresh. PE DJIA at 20619.77, +0.04% is in pause to refresh mode now, on the next move North can expect a pause near 20800 from where a dip is due and healthy. DAX at 11757.24, -0.31% […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall stocks are mixed, DJIA DAX, and Shanghai look Bullish, Nikkei may consolidate near term. Nifty looks Bearish ahead. PE DJIA at 20611.86, +0.52% is headed towards 20800 near term, then expect a short corrective dip towards 20400-20200, and then […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Sharp Northside moves seen in the DJIA, DAX, Nikkei, Shanghai are Bullish. Nifty may face rejection near term. PE DJIA at 20504.41, +0.45% rose sharply and is headed towards 20600-20800, as mentioned Thursday. While the US Dollar (.DXY) Index continues […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall the major world market stock indexes are trading higher and look strong on the week. PE DJIA at 20412.16, +0.70% broke above the 20400 mark without seeing any rejection. The Bulls look strong and if it maintains above […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA, DAX and Nikkei could face resistances above current marks and could possible come off by the end of the week, Nifty and Shanghai looks Bullish for now. Nifty is heading towards Key resistance from where it may come […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: There is still enthusiasm for the Bull market’s strength, but there is one view that is worth consideration in here. Merrill Lynch’s strategy team issued notices Thursday, noting that the S&P 500 recently reached 17X forward earnings, a level briefly […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: None his morning: PE DJIA at 20054.34, -0.18%, has not got the momentum for a sharp rise from these marks. But, the possibility of rising to 20200 near to medium term is in the cards, but for not it […]
US Stocks Finished Flat to Unchanged Wednesday $DIA, $SPY, $QQQ, $VXX The major US averages finished Wednesday’s session flat to unchanged, as the S&P 500 (+0.1%) and the NAS Comp (+0.2%) closed with modest gains while the DJIA (-0.2%) under-performed. Black Gold finished 0.3% higher at 52.36 bbl after seeing solid losses during the overnight […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA and DAX may remain ranged with some possibility of moving higher medium term. Nikkei is trading above support and looks Bullish while Shanghai may fall near term. PE DJIA at 20090.29, +0.19%, and DAX at 11549.44, +0.34% finished […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Both the Nifty and DJIA looks Bullish near term, Nikkei and DAX should remain stable in here before deciding on further direction.PE DJIA at 20052.42, -0.09% was stable above 20000 Monday, and could try and move up near […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Neutral. PE DJIA at 20071.46, +0.94% rose sharply Friday, possibly on news of US President Donald Trump’s order to roll back the Dodd-Frank with the Volcker Rule that was signed by Barack Hussein-Obama in Y 2010. The markets may take […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks are stable and are trading near Key support and resistance marks. Chinese markets opened Friday after a week long New Year Holiday. PE Shanghai at 3141.24, -0.56% is trading lower, could see 3125 before bouncing back. DJIA 19884.91,-0.03% may […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The FOMC kept rates unchanged as expected, the markets are willing to wait till March to analyze economic activity in The Trump Era. In India, although the Union Budget has brought about little disappointment to some people, many investors are […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: See the 1st FOMC meeting of Trump Administration as important as people have mixed views of what the Trump Era has in store, do not expect any changes to the interest rate landscape from the Fed officials out of […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall a mild dip was seen Monday seen in equities, the long term the trend is still Bullish. The focus now is on the FOMC and the Indian Union Budget due Wednesday. PE DJIA at 19971.13, -0.61% traded down […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall some correction can/will/should/may come into global equities after the strength seen last week. See some sideways action coming in the early sessions this week before more Northside momentum takes hold.PE. DJIA at 20093.78, -0.04% may see a sideways […]
Saudi Aramco’s Crude Oil Reserves Confirmed by External Audit ahead of IPO $OIL, $BHI, $BP Based on a figure of 265-B barrels, Aramco’s fields contain about 15% of the world’s proven Crude Oil reserves The 1st independent audit of Saudi Aramco’s Crude Oil reserves has confirmed the state Oil company’s own figures, sources familiar with […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The US stock market indexes hit new highs triggering a lot of buying in the global markets, bolstering almost all the indices. Most of the Asian markets are closed Friday like China or open with shortened trading hours due […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary European stocks climbed, pushing a benchmark all-country index to within 1.5% of its record high. The USD rebounded, strengthening against most major peers. Copper touched the highest price since November after reports of lower production. Global government bonds extended […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary:Global corporate results have driven almost all the markets North, and the US markets to new highs.While the highly overbought state in the near term allows for the possibility of a correction, the trend remains up. A weekly closing above […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The US equities remained indifferent to President Donald Trump taking steps to pull US out of the Trans-Pacific Partnership (TPP), US getting out of TPP may turn out to be beneficial for China, but is worrying the Indian markets. PE […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The Inauguration of Donald Trump as the US President comes today. Investors are almost totally in the dark about the exact policies he is going to undertake and implement, driving the money in the sideline and the markets in […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Fed Chairwoman Yellen remains upbeat on the US economy and inflation, justifying the projected rate hikes coming. This optimism increasing the risk appetite Thursday. PE DJIA at 19804.72, -0.11% continues to trade in the range of 19700-18000, will not […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU The DJIA at 19826.77, -0.3%, and DAX at 11540 continue to march in place. Nikkei at 18786 has fallen due to JPY (113.09) strength. Some support seen near 18500-300. We will see if it holds. Shanghai at 3115 has moved […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU The US market will open again Tuesday after a long holiday weekend. Commentary: The nervousness of the investors ahead of President Elect Donald Trump’s Inauguration this week has failed to trigger any significant correction in the markets to date, keeping […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Most of the indices are in a Bullish consolidation mode, and keeps the uptrend intact medium term. Shanghai is close to its major trend decider levels, which may set the direction for the next few weeks. PE DJIA at […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: While DJIA and DAX look positive medium term, Nikkei could possibly be on the verge of breaking below Key support which could confirm further JPY strength. PE The DJIA at 19954.28, +0.50% is unable to reach the 20000-mark that market […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA, DAX, and Nikkei are in a consolidative mode, while Nifty is trading near Key levels. Shanghai may test Key resistance from where it may come off soon. PE DJIA at 19855.53, -0.16%, DAX at 11583.30, +0.17%, and Nikkei at […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The global markets are following DIA which is unable to hold above the psych market 20000, and sideways consolidation for the rest of the week looks likely for most indices. PE DJIA at 19887.38, -0.38% seeing no gains after […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Range-bound pattern seen on DJIA, DAX and Nikkei, they all 3 look to be trapped near term. Some more consolidation is expected before any sharp move is seen. Nifty trades at Key marks which could be the driver for […]
The Growing Regional Power of the United Arab Emirates In recent years, the United Arab Emirates (UAE) has positioned itself as a Key player in the processes shaping the region (GCC). After dealing with potential threats at home, the federation took a leading role in contending with some of the political, economic, and military challenges […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU The DJIA at 19899.29, -0.21% trading within 20000-19720 range and likely to consolidate near term. It may not be very easy to break above 20000 now. A prolonged consolidation within the range, could help gather more Bullish momentum for a […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Participants are returning to the markets after the Holidays, we could get more clarity on further direction by the end of this week. Sentiment for Japan and China looks strong in here. We could expect the rally to continue […]
Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nikkei looks strong in the near term while DJIA and DAX could remain stable just now, possibly trying to make a base before seeing another rally on the Northside. Nifty and Shanghai are trading below important resistance marks. PE […]
Giant Oil & Gas Companies Qualify to Bid for Iran Resources $TOT, $RDS.A, $RDS.B, $E, $OZGBY, $SLB Iran’s Oil Ministry has published list of 29 international companies qualified to bid for Crude Oil and Nat Gas projects following the lifting of sanctions under a landmark Nuclear accord. The list published on the ministry’s website Monday […]
US Stocks Could Rise 12% This Year as Economic Growth Gathers Momentum $DIA, $SPY, $QQQ, $VXX US stocks could rise 12% this year as economic growth gathers momentum, bolstering demand for risk assets, while pushing US Treasury prices lower, according to Byron Wien VP of Blackstone Group (NYSE:BX) The Vice President of multi-asset investing at […]
The GCC Region: 2016 in Review Looking back at some of the Gulf region’s most important events during the past 12 months Y 2016 has been one to remember. From Crude Oil prices to the election of Donald Trump as US President, and from the UAE’s Ministry of Happiness to Saudi Arabia’s Vision 2030, […]