Markets Stocks across the globe are losing ground after weak economic data from China and Europe (see below) fanned concerns of a worldwide slowdown. Traders had anticipated a “Santa Rally” might have arrived following a rough December start for equities, … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets U.S. stock index futures are holding on to yesterday’s gains as China resumed buying U.S. soybeans, making its first major purchase since President Trump and Xi Jinping struck a trade war truce. In another sign of concessions, China appears … Continue reading
Markets In Asia, Japan +2.2%. Hong Kong +1.6%. China +0.3%. India +1.8%. In Europe, at midday, London +1.3%. Paris +1.7%. Frankfurt +1%. Futures at 6:20, Dow +0.6%. S&P +0.7%. Nasdaq +0.9%. Crude +1.8% to $52.56. Gold +0.1% to $1248.80. Bitcoin +2.1% to $3415. Ten-year Treasury Yield flat at 2.88% (Source: Seeking Alpha) Economic Calendar … Continue reading
Markets U.S. stock index futures are up more than 0.6% on a fresh dose of optimism over the U.S.-China trade dispute. The move higher followed another volatile session on Wall Street, which saw the Dow recover from a 507-point drop on Monday. … Continue reading
Markets Stocks across the globe are flashing red, while U.S. equity futures were off to a softer start to the new week on fresh worries about U.S.-China trade tensions. In Asia, Japan -2.1%. Hong Kong -1.2%. China -0.8%. India -2%. In Europe, at … Continue reading
Markets After a week of stock market motion sickness, a jobs report today that meets or exceeds expectations could offer a dose of calm. Economists expect payroll gains of 200K for November, an unchanged unemployment rate of 3.7% and average … Continue reading
Markets In Asia, Japan -1.9%. Hong Kong -2.5%. China -1.7%. India -1.6%. In Europe, at midday, London -2.4%. Paris -2.1%. Frankfurt -2.3%. Futures at 6:20, Dow -1.8%. S&P -1.8%. Nasdaq -2.4%. Crude -4.9% to $50.21. Gold -0.1% to $1241.70. Bitcoin -1.4% to $3766. Ten-year Treasury Yield -2% to 2.9% (Source: Seeking Alpha) Economic Calendar … Continue reading
Markets In Asia, Japan -2.4%. Hong Kong +0.3%. China +0.4%. India -0.3%. In Europe, at midday, London -0.7%. Paris -0.7%. Frankfurt -0.7%. Futures at 6:20, Dow -0.4%. S&P -0.3%. Nasdaq -0.5%. Crude +2.1% to $54.05. Gold +0.4% to $1244.80. Bitcoin -0.9% to $3928. (Source: Seeking Alpha) Economic Calendar http://mam.econoday.com/ 8:55 Redbook Chain Store Sales … Continue reading
Markets Stock markets around the world are in rally mode, posting big gains following a truce in the trade spat between the U.S. and China. President Trump agreed to postpone an increase in the tariff rate on $200B worth of … Continue reading