Bitcoin (BTC) Holding Support at 6,000

Bitcoin (BTC) Holding Support at 6,000

Bitcoin (BTC) Holding Support at 6,000 $BTCUSD Bitcoin held support above 6,000 in Tuesday’s trading; a Bitcoin BTCUSD, +0.37%  was going for 6,232.88, down 1.1% since Monday at 5:00p on the Kraken cryptocurrency exchange. The price of Bitcoin has fallen 14% since the beginning of September. Currently, Bitcoin is trading at 6,287.25, -8.29, or -0.1317%, as of 1:21a BST, the market open. […]

Hurricane Florence Driving Crude Oil and Gasoline Higher

Hurricane Florence Driving Crude Oil and Gasoline Higher

Hurricane Florence Driving Crude Oil and Gasoline Higher $USO, $OIL, $UGA Crude Oil and Gasoline posted the biggest gainers since late June as Hurricane Florence threatened US East Coast fuel markets and sanctions began crimping Iranian Crude Oil exports. Crude Oil futures in New York climbed 2.5%, while gasoline futures popped higher by 2.8% Tuesday. […]

Traders Buying Corn, Selling Soybean and Wheat

Traders Buying Corn, Selling Soybean and Wheat

Traders Buying Corn, Selling Soybean and Wheat $CORN, $SOY, $WEAT Speculators were pegged last week by trade sources as net buyers of Chicago-traded Corn, Soybeans and Wheat, but their Corn views did not budge, and they were net sellers of Soybean and Wheat. Despite a drop in exportable Wheat supply worldwide, US exporters have yet […]

Cryptocurrencies Bounced Adding $12-B to the Market Cap

Cryptocurrencies Bounced Adding $12-B to the Market Cap

Cryptocurrencies Bounced Adding $12-B to the Market Cap $BTCUSD Friday, gigital currencies posted 3 sessions running in the Green, with all major coins trading in positive territory. Bitcoin the #1 digital currency, has popped back above 6,500, last trading at 6,519.09, up 4.1% since Thursday at 5;00p. Eastern Time on the Kraken crypto exchange. Currently, Bitcoin […]

Bitcoin (BTC) the Pain Extends…

Bitcoin (BTC) the Pain Extends…

Bitcoin (BTC) the Pain Extends… $BTCUSD Friday all major digital coins posted losses. Bitcoin BTCUSD, -1.26% the world’s largest digital currency, was last changing hands at 6,385.77, down 1.9% since Thursday at 5:00 on the Kraken cryptocurrency exchange. The outlook for Bitcoin is weal. This chart is grim meaning there a way to go before this over. During […]

Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading

Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading

Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading $BTCUSD, $GS, $CME, $CBOE The price of cryptocurrencies rebounded Wednesday on reports that Goldman Sachs (NYSE:GS) may expand the digital assets that it intends on trading on its cryptocurency platform signaling renewed optimism in the nascent market. Currently, Bitcoin is trading at 6,749.2549,+118.38, or +1.79%, as of 2:39a […]

Bitcoin (BTCUSD) Drifting at Break-even Marks on SEC Comments

Bitcoin (BTCUSD) Drifting at Break-even Marks on SEC Comments

Bitcoin (BTCUSD) Drifting at Break-even Marks on SEC Comments $BTCUSD, $CME, $CBOE Tuesday, most digital currency prices traded back near the breakeven marks reached after the Securities and Exchange Commission (SEC) last week declared that Bitcoin and Ether (ETH) do not warrant the regulatory scrutiny that traditional securities are subjected to. The SEC stance was […]

Bitcoin, (BTCUSD) LaSalle Street Professionals are in Charge

Bitcoin, (BTCUSD) LaSalle Street Professionals are in Charge

Bitcoin, (BTCUSD) LaSalle Street Professionals are in Charge $BTCUSD, $CME, $CBOE Last last year when they were introduced, Bitcoin futures were expected to boost prices and demand for the cryptocurrency. Analysts are now suggesting otherwise. According to a recent report from well-known crypto markets analyst Tom Lee, Bitcoin futures are the cause of “gut wrenching” […]

Bitcoin: All Professional Investors and Traders Knew That…

Bitcoin: All Professional Investors and Traders Knew That…

Bitcoin: All Professional Investors and Traders Knew That… $BTCUSD, $CBOE, $CME …the launch of Bitcoin futures would cause the price to fall. A Fed paper has attested to that as; Bitcoin’s drop following its peak near $20,000 was directly tied to the launch of a futures market, according to new research from the San Francisco […]

Last Week Saw Record Bitcoin Futures Trade on the Cboe

Last Week Saw Record Bitcoin Futures Trade on the Cboe

Last Week Saw Record Bitcoin Futures Trade on the Cboe $BTCUSD, $CBOE, $CME, $XBT Cboe (NASDAQ:CBOE) reported record Bitcoin futures trading last Wednesday, indicating the rising popularity of XBT. The popularity of trading bitcoin  futures contracts (XBT) continues to mark new highs. Last  Wednesday, CBOE, the dominant US  derivatives exchange providing Bitcoin futures contracts, saw its highest-ever trading volume for Bitcoin futures since […]

Xi Speaks, Stock Bulls Listen: Risk is On Globally

Xi Speaks, Stock Bulls Listen: Risk is On Globally

Xi Speaks, Stock Bulls Listen: Risk is On Globally $DIA, $SPY, $QQQ A new era in the Age of Prosperity is seen Appetite for risk on is strong Tuesday morning, as Chinese President Xi Jinping offered plans to further open up the 2nd largest economy. Xi’s public speech at the Boao Forum came days after […]

Regulatory Rule Change Seen Coming to Allow Bitcoin ETFs

Regulatory Rule Change Seen Coming to Allow Bitcoin ETFs

Regulatory Rule Change Seen Coming to Allow Bitcoin ETFs $BTCUSD, $CBOE, $CME The US Securities and Exchange Commission (SEC) is considering a rule change that may allow bitcoin  ETFs to be listed on exchanges. According to a document posted on the SEC website, the agency has begun the process to approve or disapprove a change in its rules that allows 2 […]

Bitcoin is Bouncing Around Searching for a Bottom

Bitcoin is Bouncing Around Searching for a Bottom

Bitcoin is Bouncing Around Searching for a Bottom $BTCUSD, $CBOE, $CME, $GOOG After a challenging Q-1, cryptocurrency investors are hopeful that the Death Cross sell signal has not crashed their market. Recall, that Sunday, Bitcoin fell below $7,000, which saw the 50-Day MA cross below the 200-Day MA, forming a Death Cross that some technical […]

Arcane Financial Products That Track VIX Questioned

Arcane Financial Products That Track VIX Questioned

Arcane Financial Products That Track VIX Questioned $CBOE, $VXX, $CS, $NMR Wall Street’s most widely followed ‘fear gauge’ of future stock market volatility is being manipulated, causing billions of dollars in losses a year to unwary investors, a law firm representing an “anonymous whistleblower” alleged in a letter to US financial regulators and released Monday. […]

US Lawmakers See Value in Blockchain Tech and Cryptocurrencies

US Lawmakers See Value in Blockchain Tech and Cryptocurrencies

  US Lawmakers See Value in Blockchain Tech and Cryptocurrencies $BTCUSD Tuesday, US lawmakers pressed the 2 Top US securities regulators on cryptocurrency, and now the approach is ‘do no harm’ to the digital currency market, and monitor the ICO market. With that, a new Rally lit up Currently, Bitcoin is trading at: 7,549.9951, +1,578.52, or +26.43%, […]

US Securities Regulators Looking for Guidance on Cryptocurrencies

US Securities Regulators Looking for Guidance on Cryptocurrencies

US Securities Regulators Looking for Guidance on Cryptocurrencies $BTCUSD, $CME, $CBOE Cryptocurrency exchanges upset by the dive in Bitcoin prices may face more turbulence as the 2 Top US market regulators ask the Congress to consider federal oversight for the trading platforms. Currently, Bitcoin is trading at: 6,067.395, -1,876.61, or -23.62%, as of 5:05a GMT, the market is […]

Government ‘Watchdog’ Cracks Down of Fraudulent Digital Currency Operators

Government ‘Watchdog’ Cracks Down of Fraudulent Digital Currency Operators

Government ‘Watchdog’ Cracks Down of Fraudulent Digital Currency Operators $BTCUSD Friday, the US derivatives ‘watchdog’ said that it has filed charges against 3 separate virtual currency operators alleging the defendants had defrauded customers and broken other commodity trading rules, in a further sign regulators globally are cracking down on fraud in the ‘hot’ emerging asset […]

WTI Crude Oil Price Hits 60 bbl, Highest Since Mid-2015

WTI Crude Oil Price Hits 60 bbl, Highest Since Mid-2015

WTI Crude Oil Price Hits 60 bbl, Highest Since Mid-2015 $USO, $OIL Friday, US Crude Oil prices rose above 60 bbl on the final trading day of the year, touching their highest mark since mid-2015 International benchmark Brent Crude futures also rose, supported by ongoing supply cuts by top producers OPEC and Russia as well […]

Fueling the Fire of Bitcoin: Knowledge is Power

Fueling the Fire of Bitcoin: Knowledge is Power

Fueling the Fire of Bitcoin: Knowledge is Power $BTCUSD, $CME, $CBOE, $GS 1st Main Street, then LaSalle Street, and now Wall Street bring new interest to the Bitcoin market The futures markets have shown that investors want to gain exposure to Bitcoin in a regulated manner without having to store the underlying asset, aka price […]

Caution Civilians, Professional Traders Are ‘Playing’ Bitcoin

Caution Civilians, Professional Traders Are ‘Playing’ Bitcoin

Caution Civilians, Professional Traders Are ‘Playing’ Bitcoin $BTCUSD, $CME, $CBOE Bitcoin faced one of its biggest tests this week, losing almost 20% of its value after the world’s largest  cryptocurrency marked a record high Monday. Friday, the digital currency plunged as much as 30% before paring losses, as this week’s selloff extended to a 4th […]

Goldman ‘Building’ a Cryptocurrency Trading Desk

Goldman ‘Building’ a Cryptocurrency Trading Desk

Goldman ‘Building’ a Cryptocurrency Trading Desk $GS, $BTCUSD Wall Street’s biggest firms are growing more comfortable with cryptocurrencies. Goldman Sachs Group Inc. (NYSE:GS) is setting up a trading desk to make markets in digital currencies such as Bitcoin. Bitcoin is currently trading at: 12,383.8301, -1,437.58, -10.40%, as of 2:03p GMT, the market is open. Friday, 22 December’s […]

Caution Lights Flash as Bitcoin Posts New Record High

Caution Lights Flash as Bitcoin Posts New Record High

Caution Lights Flash as Bitcoin Posts New Record High $BTCUSD, $CBOE, $CME, $DB Friday, Bitcoin marked another all-time high of almost $18,000 on the Bitstamp exchange, up 9% on the day, as caution warnings grew over the risks of investing in the highly volatile and speculative financial instrument. Bitcoin is currently trading at: 17,716.0547, +382.699, or +2.21%, As […]

Wall Street Traders Embrace Bitcoin, the Commodity

Wall Street Traders Embrace Bitcoin, the Commodity

Wall Street Traders Embrace Bitcoin, the Commodity $BTCUSD, $CBOE, $CME $GBTUSD Bitcoin’s debut on Cboe (NASDAQ:CBOE) is a hit so far, with the price of the 1st-ever futures contract for the virtual currency rising 16% on the day. This paints a bright picture for other Cryptocurrencies and hot new ones like GBiT. The futures contract […]

Bitcoin On Wall Street, Opens Strong

Bitcoin On Wall Street, Opens Strong

Bitcoin On Wall Street, Opens Strong $BTCUSD, $CBOE , $CME $GBTUSD Just 4 hours after its debut on Cboe Global Markets Inc.’s (NASDAQ:CBOE) Bitcoin futures, the contracts spiked more than 20% and triggered 2 trading halts designed to cool volatility. Dealers said initial volumes exceeded expectations, while traffic on Cboe’s website was so strong that […]

A Look at Bitcoin’s Future Once the Big Derivative Markets Launch

A Look at Bitcoin’s Future Once the Big Derivative Markets Launch

A Look at Bitcoin’s Future Once the Big Derivative Markets Launch $BTCUSD, $CME, $CBOE Bitcoin futures trading could be choppy. Bitcoin is now trading at 16,669.9941,+269.08, or +1.64%. The world largest cryptocurrency’s parabolic rally would have triggered circuit breakers on 7 of the past 10 trading days, pausing or halting trading to ensure an orderly session, […]

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges $BTCUSD, $CME, $CBOE Bitcoin surged past $16,000 for the 1st time Thursday, with demand to trade the cryptocurrency buckling one of the largest exchanges. Bitcoin’s rally of more than $3,000 in the past 24 hours continues to defy skeptics, as mainstream demand for the world’s largest cryptocurrency explodes. […]

Futures Market Looms, Bitcoin Climbs to $12,000

Futures Market Looms, Bitcoin Climbs to $12,000

Futures Market Looms, Bitcoin Climbs to $12,000 $BTCUSD, $CME, $CBOE Bitcoin surpassed $12,000 for the 1st time on investor’s speculation that the widespread use of futures will help lead to digital currencies being viewed as a legitimate asset class for mainstream investors. Bitcoin is currently trading at: 12,219.9951+493.40 (+4.21%), as of 5:27a GMT. Market open. The […]

Fed: Bitcoin Could Threaten Financial Stability

Fed: Bitcoin Could Threaten Financial Stability

Fed: Bitcoin Could Threaten Financial Stability $BTCUSD, $CME, $CBOE Currently Bitcoin is trading at 10,716.3203+1,175.87 (+12.33%) As of 9:06PM GMT. Market open. Cryptocurrencies could pose a threat to financial stability as they gain wider use, a chief Fed banking oversight official said. The remarks from newly-installed Fed Vice Chairman for Supervision Randal Quarles came as Bitcoin’s price […]

World’s Savviest Traders Join In On Bitcoin Action

World’s Savviest Traders Join In On Bitcoin Action

World’s Savviest Traders Join In On Bitcoin Action $BTCUSD, $CME, $CBOE Electronic-trading firms that have already transformed markets from stocks to Fx (foreign exchange) to futures are diving into Bitcoin and other cryptocurrencies. To date 5 of the biggest electronic traders in the world are already trading Bitcoin. Jump Trading LLC Tower Research Capital LLC […]

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000

Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000 $BTCUSD Bitcoin’s Bull Run shows no signs of abating, with the world’s largest cryptocurrency defying fears marking another milestone. Bitcoin is trading at $8,224.9951, + 202.06 or 2.52% It has been a strong year for the largest cryptocurrency, with 3 corrections of more than 25%, all giving […]

Bitcoin, the Angst, the Allure

Bitcoin, the Angst, the Allure

Bitcoin, the Angst, the Allure $BTCUSD, $CME, $CBOE, $GBTC CME,(NASDAQ:CME)  the world’s largest exchange owner reversed course Tuesday and said it plans to introduce Bitcoin futures by the end of Y 2017, just a month after dismissing an earlier plan. Bitcoin, the largest cryptocurrency, which has risen 6X YTD, spiked to a fresh record high […]

Bitcoin Futures Could Open the Way Into Crypto Markets

Bitcoin Futures Could Open the Way Into Crypto Markets

Bitcoin Futures Could Open the Way Into Crypto Markets $BTCUSD Bitcoin is spiking to a record after CME Group Inc.(NASDAQ:CME) said it’s planning to launch Bitcoin futures as the move could open the way for investors who have been standing on the sidelines as Bitcoin soared over 500% YTD. The cryptocurrency marked a high at […]

Bitcoin Spikes as CME Exchange Announces Futures

Bitcoin Spikes as CME Exchange Announces Futures

Bitcoin Spikes as CME Exchange Announces Futures $BTCUSD, $CME, $CBOE CME Group Inc., (NASDAQ:CME) the world’s biggest exchange operator, plans to introduce bitcoin futures, a development that could help professional traders and investors finally get serious about the cryptocurrency. Bitcoin (BTC/USD) surged to a record high at 6,399.005 after the announcement. The Chicago-based firm, a […]

The Ways to Invest in Gold and Silver

The Ways to Invest in Gold and Silver

The Ways to Invest in Gold and Silver $GLD, $SLV, $ABX, $WPM, $EXCFF The experts say that owning Gold is a secure safe-have investment for protection against inflation or other economic uncertainties in anyone’s financial plans. The Big Q: What does one do to own a piece of the precious Yellow metal? The Big A: […]

Asian Trading Update: Rally Extends

Asian Trading Update: Rally Extends

Asian Trading Update: Rally Extends Markets had been given a positive lead from New York, where all three main indexes ended with healthy gains, with the Nasdaq posting yet another record, following a better-than-expected jobs reading. The economy added an estimated 211,000 net new positions in April wle the unemployment rate fell to 4.4 percent, […]

Chicago Agriculture Commodities Finished Lower Friday

Chicago Agriculture Commodities Finished Lower Friday $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures finished lower Friday with Soybean futures falling to a 2-month low Friday as the ongoing harvest of a projected record-large Brazilian Soybean crop threatened US export prospects. Corn and Wheat followed the weak trend, despite a setback in […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures closed lower Thursday with soybean futures falling, pressured by the ongoing harvest of a projected record-large crop in Brazil and profit-taking after a 2-session climb attributed to fund buying. Corn futures and Wheat futures were also lower. The most […]

Chicago Agriculture Commodities Finish Higher

Chicago Agriculture Commodities Finish Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished higher Tuesday with corn futures rising about 3%. Wheat and Soybean futures were also higher. Investment by commodity funds at the end of the month and ahead of the US planting season added support, agriculture analysts said. The […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures close mixed Tuesday, with Soybean futures heading lower for a 3rd session running, reversing from early strength to touch a 2-week low on expectations for large South American Soybean harvests. Wheat futures were also lower, Corn firmed, supported by […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished lower Thursday, retreating from early strength on profit-taking after each market set multi-month highs. The most active Corn contract for March delivery fell 5.25 cents, or 1.39%, to 3.735 bu. March Wheat delivery fell 7 cents, or 1.54%, […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $SOYB, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture grains futures finished higher Thursday with Wheat futures gaining 2% to a 7-month high after the US Department of Agriculture (USDA) increased its export forecast and showed smaller-than-expected global supplies in a monthly report. Chicago Board of Trade Soybean futures turned […]

Chicago Agriculture Commodities Finiahed Higher

Chicago Agriculture Commodities Finiahed Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished higher Tuesday as traders firmed their buying after Monday’s losses and USD’s weakens, which makes American agriculture products competitive. The most active Corn contract for March delivery rose 2 cents, or 0.56%, to 3.5975 bu. March wheat delivery […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $SOY, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures settle mixed Thursday with Soybean and Corn futures falling. The CME Group’s Wheat market used strong exports to close higher. At the close, the March Corn futures settled 2.25 cents lower at 3.6375 bu New-crop December 2017 Corn futures […]

Chicago Agriculture Commodities Finished Higher Friday

Chicago Agriculture Commodities Finished Higher Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures close higher on the week which ended 13 January  mostly on the United States Department of Agriculture (USDA) data. The most active Corn contract for March delivery rose 0.5 cents weekly, or 0.14%, to 3.585 bu March Wheat […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $WEAT, $CORN, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures settle lower Wednesday with Wheat futures falling more than 2% on forecasts for much-needed moisture in the southern Plains, agriculture analysts said. Corn and Soybean futures also declined as traders adjusted positions ahead of Key crop data due on […]

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished  higher Wednesday with Soybean futures prices closing double-digits higher, on damaging crop-weather in Argentina. Corn futures also rose to extend their 3-session winning streak as investors staked out positions ahead of annual re-balancing by commodity index funds. Wheat […]

HSI Hong Kong Stock Exchange Outlook

HSI Hong Kong Stock Exchange Outlook

HSI Hong Kong Stock Exchange Outlook HANG SENG INDEX closed up 179.980 at 21,754.740. Volume was 31% above average (neutral) and Bollinger Bands were 48% wider than normal. Open High Low Close Volume___ 21,562.69921,811.96121,488.82021,754.7402,240,453,376 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 21,932.07 22,620.89 21,848.31 Volatility: […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Tuesday with Corn futures rising to a 5-month high as strong exports and technical buying supported the prices. The most active Corn contract for March delivery rose 0.5 cents, or 0.14%, to 3.61 bu. March Wheat delivery […]

Gold Futures Saw 10-month Lows and Bounced

Gold Futures Saw 10-month Lows and Bounced

Gold Futures Saw 10-month Lows and Bounced $GLD Gold futures headed for the lowest closing in 10 months as investors ignored the political problems in Italy to boost stocks and other riskier assets. Monday, the S&P 500 advanced and Treasury yields rose after Italy’s vote against constitutional reform, which drove the nation’s PM to resign. […]

Chicago Agriculture Commodities Finish Lower

Chicago Agriculture Commodities Finish Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture grains futures closed lower Tuesday, with Soybean futures falling more than 1% on Tuesday, setting back from a 4-month high on profit taking. Corn and Wheat futures also fell, on track for their 4th straight losing session due to pressure from […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures finished mixed Monday with Soybean futures rising for the 7th day running, led higher by strong export demand gains in the Soymeal market. The most active Corn contract for March delivery unchanged at 3.5825 bu. March Wheat delivery dropped […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $WEAT, $SOYB, $CORN Chicago Board of Trade grains futures finished mixed Monday with Wheat futures climbing more than 1% as traders covered short positions following US regulatory data last week. Soybean and Corn futures both were flat to narrowly mixed in thin trading, with some Soybean contracts rebounding from Friday’s […]

Key US Stock Indexes, Crude, Gold and Silver Markets Briefing

Key US Stock Indexes, Crude, Gold and Silver Markets Briefing

Key US Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The US stock market ended midweek on a higher note as a rally in Crude Oil futures and financials (+1.5%) outweighed interest rate worries. The DJIA (+0.6%) finished ahead of the NAS Comp (+0.5%) and the S&P 500 (+0.4%). Index […]

Gold & Silver’s Run Forecasts a Coming Bust in Stock, Bonds, Credit Markets

Gold & Silver’s Run Forecasts a Coming Bust in Stock, Bonds, Credit Markets

Gold & Silver’s Run Forecasts a Coming Bust in Stock, Bonds, Credit Markets $GLS, $SLV, $UGLD, $GDX, $CEF, $PHYS In the coming years as investors are forced to seek safe-havens expect Gold to rise to record highs as asset bubbles burst in everything from stocks, bonds and credit. The precious Yellow metal is at the beginning […]

September Copper Falls to 2 Month Lows

September Copper Falls to 2 Month Lows

September Copper Falls to 2 Month Lows $CUPM Copper (NYSEArca:CUPM) futures fell to the lowest in 2 months after stockpiles surged and Barclays Plc flagged concern over growth in China, the world’s biggest consumer. Inventories tracked by exchanges in Shanghai, London and New York climbed 5 straight days last week to the highest since May. […]

NASDAQ Dubai to Open Equities Futures Market

NASDAQ Dubai to Open Equities Futures Market

NASDAQ Dubai to Open Equities Futures Market The introduction of stock futures could be a major development for equity markets in the UAE The NASDAQ Dubai exchange will open an equity futures market in September to trade single-stock futures on the shares of some of the United Arab Emirates’ (UAE) biggest companies, the bourse’s CEO […]

Crude Oil Prices Dive on Global Supply Glut

Crude Oil Prices Dive on Global Supply Glut

Crude Oil Prices Dive on Global Supply Glut $OIL, $USO, $BHI World Crude Oil prices suffered big losses Monday, with the WTI Crude Oil marking below 40 bbl for the 1st time since April, as a survey showed that output in the Organization of the Petroleum Exporting Countries (OPEC) reached record highs last month. Production […]

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI US indexes surged to fresh all-time highs Friday, before ending the day flat. The initial rally came after the release of stronger-than-expected US data, as retail sales were up by 0.6% in June, industrial production rose to 75.4%, also beating expectations. Stocks retreated ahead of the close […]

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Last Friday, Wall Street spiked on a Headline Only “good” NFPs report, with the S&P marking intra-day record high and closing at 2,129.90, up by 1.53%. Monday, the DJIA finished +80.19 at 18226.93, NAS Comp +31.88 at 4988.64, S&P 500 +7.26 at 2137.16 Corporate earnings in the headlights this […]

Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI US stocks finished lower Tuesday as Brexit concerns resurfaced following Bank of England’s Financial Stability Report, while disappointing US factory orders and a 4.7% dive in Crude Oil prices added further pressure to equities. The DJIA lost 108 pts, or 0.61% to close at 17,840. The S&P […]

Thursday’s Technical Outlook for the DJIA (.DIA)

Thursday’s Technical Outlook for the DJIA (.DIA)

Thursday’s Technical Outlook for the DJIA (.DIA) $DIA, $.DJI The DJIA rose 51 points, or 0.28%, to 18,041.55 after the no tell FOMC policy announcement. The SP 500 gained 3 pts, or 0.16%, to 2,095.15, the NAS Comp lost 25 points, or 0.51%, to close at 4,863.14 as Apple Inc. (NASDAQ:AAPL) shares dove on its […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $WEAT, $CORN, $SOYB Chicago Board of Trade (CBOT) agriculture commodities finished mixed Wednesday, with Wheat, Corn futures pulling back after rallying strongly for 2nd straight sessions, Soybean finished higher. The most active Corn contract for July delivery lost 2.5 cents, or 0.65%, to close at 3.8475 bu. July Wheat delivery […]

Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher $WEAT, $CORN, $SOYB Chicago Board of Trade (CBOT) Wheat, Corn and Soybean futures finished sharply higher Wednesday following Tuesday’s big jump. The most active Wheat contract for July delivery gained 18 cents, or 3.64%, to 5.1225 bu. July Corn delivery added 10.25 cents, or 2.63%, to 3.9975 bu. Soybean for […]

Chicago Agriculture Commodities Finished Higher Friday

Chicago Agriculture Commodities Finished Higher Friday $CORN, $SOYB, $WEAT Chicago Board of Trade (CBOT) Corn, Soybean closed higher  Friday amid fresh export news from the US government and ongoing worries about unfavorable weather in South America, Wheat ended flat to unchanged. The most active Corn contract for May delivery added 4.5 cents, or 1.2%, to […]