Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks are mixed. DJIA, DAX, and Shanghai markets are almost stable, Nikkei is rallying. Nifty extends its decline and could see support below current marks. PE Resistance near 19000 on the DJIA now at 18903.82, +0.19% is holding in […]

Let’s Focus on the DJIA

Let’s Focus on the DJIA

Let’s Focus on the DJIA $DIA Since the beginning of this week, the US stock market has been compressing between 2 converging H-4 trendlines at 18971 and 18808 respectively, forming a possible Bullish Pennant formation. This technical pattern is considered by most of us to be a continuation setup. Therefore, should the DJIA close above […]

Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $GLD, $SLV, $OIL, $USO, $CU Commentary: Stocks markets could see some correction near term before resuming The Trump Rally. Near term looks Bearish as most indices are either testing resistance or have come off from resistance marks. PE DJIA at 18868.14, -0.29% near Key resistance, […]

Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing

Key Stock, Crude, Gold and Silver Markets Briefing $DIA, $DAX, $GLD, $SLV, $OIL, $USO, $CU Commentary: Still need to keep a close watch on the markets in here. PE DJIA at 18923.06, +0.29% continued to rise Tuesday, but could face some resistance near 19250-19500 region which could push back the index towards 18750-18500 before resuming […]

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 […]

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Stocks were overall mixed Wednesday; DJIA, Shanghai and Nikkei may move up in the near term. Nifty is not so sure about the direction just now but could be vulnerable to a fall. DAX is trying to move up […]

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Seeing stocks headed for a pullback or correction before seeing a new rise medium term. PE Note: The CBOE Volatility Index (VIX) 14.49, +2.20, as investors sought some portfolio insurance ahead of some Key macro events this week. DJIA at […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Last week the US Fed’s standing pat with a “Hawkish” tone sent the US benchmarks indexes South Now this week Wall Street investor gets some Fed-speak meaning “jawboning” from Vice Chairman Fischer and then for Schoolmarm Yellen who will speak to the US Congress. And expect […]

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Seeing stocks headed for a pullback or correction before seeing a new rise medium term. PE DJIA at 18261.45, -0.71% was rejected at the channel resistance near 18400, if that holds, see a re-test of support near 18000-17900 in […]

Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing

Key World Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV Commentary: Most of the markets waited for the ECB meet Thursday, where President Draghi was expected to extend the asset buying stimulus further, they were disappointed, as he did not come right out with it. But, from the tone, I understood […]

Key World Stock Markets Briefing

Key World Stock Markets Briefing

Key World Stock Markets Briefing $DIA, $DAX, $GLD, $SLV, $USO, $OIL Commentary: Stagnant retail sales data in US has reduced the expectations of a rate hike by the US Fed this year, keeping the risk appetite high. DJIA at 18636.05, +0.32% has managed in the last 3 wks  just +0.3%. If a run to to 18900-19000 […]

US Crude Oil Technical Outlook (Weekly)

US Crude Oil Technical Outlook (Weekly)

US Crude Oil Technical Outlook (Weekly) $USO NYMEX Crude Oil (CL) WTI Crude Oil formed a low (temporary)after dipping to 39.19 and recovered. Some consolidations could be seen 1st but outlook will remain Bearish as long as 44.42 support turned resistance holds. Current decline from 51.67 would target 61.8% Fibo retracement of 26.05 to 51.67 […]

Weekly Technical Outlook NYMEX Crude Oil (CL)

Weekly Technical Outlook NYMEX Crude Oil (CL)

Weekly Technical Outlook NYMEX Crude Oil (CL) Nymex Crude Oil (CL) The choppy fall from 51.67 continued last week and broke 41.88/90 cluster support (38.2% Fibo retracement of 26.05 to 51.67 at 41.88). Continued trading below this mark should now bring deeper fall to 61.8% Fibo retracement at 35.84 1st and possibly to 35.24 support […]

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 […]

Gold and WTI Crude Oil Technical’s (Daily)

Gold and WTI Crude Oil Technical’s (Daily)

Gold and WTI Crude Oil Technical’s (Daily) $GLD, $USO Gold: Spot Gold’s decline extended Tuesday falling to 1,330.30 to, its lowest since 1 July. Investors continued exiting the safe haven asset for stocks, although the decline has been moderate, considering the risks around Europe. The pullback from the year high of 1,375.11 has found some […]

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 […]

Help Stop the Spread of Antibiotic-Resistant Disease

Help Stop the Spread of Antibiotic-Resistant Disease

Help Stop the Spread of Antibiotic-Resistant Disease In light of the growing problem of antibiotic resistant disease, it prudent for people to employ techniques that will not only reduce the risk of falling victim to, but also help curtail the spread of antibiotic resistance overall. While the problem of antibiotic resistance disease really needs to […]

Gold and WTI Crude Oil Technical’s (Daily)

Gold and WTI Crude Oil Technical’s (Daily)

Gold and WTI Crude Oil Technical’s (Daily) $GLD, $USO Gold: Spot Gold retreated Thursday and snapped this week’s winning streak as strong US employment data lifted sentiment and triggered some uncertainty about Fed’s next move. Spot Gold fell to a low of 1,350.74 oz before recovering a bit to end the day at 1,358. In […]

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 […]

Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street fell for a 4rd day running, as investors continue to run from equities and rushed into safe havens asset due to a negative mood triggered by increasing Brexit fears persisted all through this Tuesday. Wall Street edged lower, although US indexes trimmed half of their daily […]

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street fell for a 3rd day running, as investors continue to run from equities and rushed into safe havens assets. DJIA -132.86 at 17732.48, NAS Comp -46.11 at 4848.44, S&P 500 -17.01 at 2079.06 US stocks bowed to the risk averse environment generated by renewed fears about Brexit, falling […]

Gold and WTI Crude Oil Technical’s (Weekly)

Gold and WTI Crude Oil Technical’s (Weekly)

Gold and WTI Crude Oil Technical’s (Weekly) $GLD, $USO Spot Gold finished sharply higher for a 2nd week running, closing at 1,274.40 oz, as risk aversion helped the precious Yellow metal to resume its Bullish trend from earlier this year. Risk aversion, prompted by China and the UK, underpinned the commodity, alongside with the Uturn […]

Gold and WTI Crude Oil Technical’s (Daily)

Gold and WTI Crude Oil Technical’s (Daily)

Gold and WTI Crude Oil Technical’s (Daily) $GLD, $USO Gold prices spiked again Thursday, with Spot Gold at 1,271.67, its highest since 18 May, in spite of the Buck’s strength, benefited by sour market’s sentiment. Thursday, the US major stock market indexes reversed on risk aversion, triggered by fears that the global economic slowdown may […]

Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Thursday, Wall Street’s major market indexes finished the day flat to unchanged. DJIA down by 23 pts closed at 17,828.29, the S&P 500 down 0.02% at 2,090.10, and the NAS Comp + 0.14% or 6 pts to end at 4,901.77. Worldwide stocks’ trading was choppy, but positive, […]

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wednesday, US stocks rallied on the back of Crude Oil’s strength, with the DJIA adding 145 pts to close at 17,851.51. The NAS Comp advanced 33 pts to end at 4,894.89, and the S&P added 0.70% to 2,090.54. Risk appetite on dominated markets from the start of […]

Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street finished lower Thursday, as participants worried about the possibility of a soon-to-come Fed interest rate hike. The DJIA fell 91 pts but well off its LOD, and closed at 17,435.40, the NAS Comp lost 26 pts to end at 4,712.53, and the S&P 500 finished […]

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street closed mostly flat Wednesday, with the DJIA up down by 4 pts or 0.02% at 17,526.62. The NAS Comp added 0.50% to close at 4.739.12, and the S&P 500 added 0.2%, to 2,047.63. Stocks fell after the release of the latest FOMC Mins, showing higher […]

Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI The Wall Street rollercoaster was full on Tuesday, as all 3 US major stock market indexes reversed Monday’s gains. The DJIA fell 180 pts to close at 17,529.90, the NAS Comp fell 1.25%, to 4,715.72 and the S&P 500 shed 0.94% to finish at 2,047.21. Wall Street was […]

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street rallied strongly Monday but finished off its highs, with the DJIA + 175 pts to finished at 17,710.71, led by a 3% gainer in Crude Oil, underpinning the energy related sector. The NAS Comp advanced 1.22% to finish at 5,775.56, and the S&P 500 gained […]