Is there a reason to fear the fed’s rate hikes? We don’t think so, but only time will tell… There has been a lot of upside since the March 2009 S&P 666 credit crisis low.The big question is, with the fed reducing its balance sheet, is the end of the rally near? As of today’s […]
Stocks in Asia ended sharply higher, the European Union and London agree on Brexit divorce terms and the Stoxx 600 gained +0.80% and the FTSE and DAX were up almost 1%. Throw in U.S. employers adding 228K jobs, and it all added up to an early push up to 2652.00 in the S&P 500 futures. […]
Stocks in Asia ended sharply higher, the European Union and London agree on Brexit divorce terms and the Stoxx 600 gained +0.80% and the FTSE and DAX were up almost 1%. Throw in U.S. employers adding 228K jobs, and it all added up to an early push up to 2652.00 in the S&P 500 futures. […]
Yesterday, even the bulls were taken off guard as technology companies and financial shares pushed higher, and U.S. stock indexes hit fresh record highs. The CBOE Volatility Index (VIX) surpassed its all-time low, gold sank to a two month low, and has been down four weeks in a row. There are not many people that […]
Yesterday, even the bulls were taken off guard as technology companies and financial shares pushed higher, and U.S. stock indexes hit fresh record highs. The CBOE Volatility Index (VIX) surpassed its all-time low, gold sank to a two month low, and has been down four weeks in a row. There are not many people that […]
After Google reported better than expected earnings, and the stock sold off, taking the Nasdaq 100 futures (NQU17:CME) down 25 points after Mondays close, no one expected the S&P 500 futures (ESU17:CME) to gap up on the 8:30 CT open. With the ES up 14 days out of the last 17 sessions, and the NQ […]
After Google reported better than expected earnings, and the stock sold off, taking the Nasdaq 100 futures (NQU17:CME) down 25 points after Mondays close, no one expected the S&P 500 futures (ESU17:CME) to gap up on the 8:30 CT open. With the ES up 14 days out of the last 17 sessions, and the NQ […]
New York, December 12, 2016 – Help For Children is pleased to announce the appointment of four new members to its Global Board of Directors. Joining the Board are Don Steinbrugge, Jeffrey Bronheim, Lucia Arienti and Nicholas Halaby.   At the Board meeting on November 16th, Dean Backer, Chairman of the HFC Board of Directors, […]
Traders can run, but they can’t hide, from the constant ‘chop’ of the S&P 500 futures. After the big sell off in August, and retest of the 1804 level on Feb 11th, the S&P moved all the way back above 2105.25, then traded back down to 2030 during last week’s jobs number (Counter Trend Friday), […]
The old adage about ‘sell stocks in May and walk away’ has shown up hot and heavy over the last two days. While many technical analysts may discount the adage, we have been around too long to do that. After the ESM16 closed down 27.25 handles at 2057.00 on yesterday’s close, the same weakness that […]