Markets were set to open slightly lower Thursday morning following the possibility of a hike in interest Rates by the Fed early June; however much of the losses were cut by better than expected quarterly results from Cisco & Wal-Mart. Wal-Mart shares (WMT.N) rose 8.3% to $68.40 in premarket trading after the reporting 1Q earnings Read More
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In pre-market trading, futures are mixed after stocks in Asia traded moderately higher on Monday. The Dow Futures are down -3.00 points to 17,492.0. The S&P 500 Futures are unchanged at 2,043.5. The Nasdaq Futures are lower at 4,321.5, down -2.50 points. The Russell Futures are showing a gain of 1.10 points to 1,101.1. In Read More
The market has lots of patience these days, and part of this kind of behavior is usually expanding the range it is currently in, which also means shaking out existing short term positions. The short position mentioned last week hit the stop level at 2077.75 only to see the prices turning to be weaker again. Read More
U.S. stock futures are lower in pre-market trading for Friday, May 13. The Dow Futures are down -78.00 points to 17,590.0. The S&P 500 Futures are down -8.75 points to 2,050.0. The Nasdaq Futures are lower at 4,316.75 for a loss of -18.00 points. The Russell Futures are showing a loss of -5.54 points at Read More
U.S. stock futures are mixed in pre-market trading for Thursday, May 12. The Dow Futures are up 70.00 points to 17,729.0. The S&P 500 Futures are up 10.75 points to 2,068.75. The Nasdaq Futures are up 23.50 points to 4,375.0. The Russell Futures are showing a gain of 5.90 points at 1,116.2. In overnight trading in the Eastern Hemisphere, Read More
U.S. stock futures are lower in pre-market trading for Wednesday, May 11. The Dow Futures are down -56.00 points to 17,797.0. The S&P 500 Futures are down -5.00 points to 2,072.5. The Nasdaq Futures are lower at 4,381.75 for a loss of -10.25 points. The Russell Futures are showing a loss of -3.20 points at Read More
U.S. stock futures are pointing higher in pre-market trading for Tuesday, May 10. The Dow Futures are up 102.00 points to 17,748.0. The S&P 500 Futures are up 12.25 points to 2,066.5. The Nasdaq Futures are up 23.75 points to 4,359.5. The Russell Futures are also up 8.40 points to 1,123.6. The positive direction follows Read More
U.S. stock futures are higher in pre-market trading for Monday, May 9. The Dow Futures are up 40.00 points to 17,711.0. The S&P 500 Futures are up 4.50 points to 2,057.25. The Nasdaq Futures are up 12.75 points to 4,341.0. The Russell Futures are showing a gain of 2.30 points to 1,116.2. In overnight trading, Read More
Last week we talked about the strategic view of the market at these days, and showed what the Quarterly chart can tell us as for the last two year big range. We mentioned that before a real bullish attempt to take the highs might occur, it is more likely to see some major correction down, Read More
U.S. stock futures are pointing lower in pre-market trading for Friday, May 6, signaling another day of losses for the U.S. market. The Dow Futures are down -28.00 points to 17,546.0. The S&P 500 Futures are down -3.50 points to 2,040.5. The Nasdaq Futures are lower at 4,292.0 for a loss of -8.25 points. The Read More