Author Archives: gtiqy

TGIF in what is a holiday-shortened week. What is moving the markets. In Europe there was no economic data out of Europe today and traders are reluctantly back from the Christmas and Boxing day holiday. In the US there will be some modest data out at 8:30 AM ET with: Good trade balance for November, […]

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

Prior month wholesale inventories +0.1% revised from 0.2% Wholesale Inventories November Level: Estimated at $901.6 billion, a 0.2% decrease from October and a 0.9% increase from November 2023. October Revision: Growth revised down from +0.2% to +0.1%. Retail Inventories November Level: Estimated at $827.5 billion, a 0.3% increase from October and a 7.2% increase from […]

US equities battled back after a slump at the open yesterday and they will have to do it again today. S&P 500 futures are down 33 points, or 0.6% in the premarket. Today is the third-last trading day of the year but and it’s notable that settlement changes now make Monday as the final day […]

The major US stock indices are opening lower with the Nasdaq index trading down near 1% on the day. A snapshot of the market 5 minutes into the open : Dow industrial average -200.03 points or 0.45% at 43125.77 S&P -43.20 points or -0.72% at 5994.39 Nasdaq -200.68 points or -1.00% at 19819.68 Russell 2000 […]

Stock heatmap by FinViz.com Fri, 27 Dec 2024 14:46:03 GMT Tech and Consumer Cyclicals Lead Today’s Market Declines Today’s market landscape saw notable declines in tech and consumer cyclical sectors, with significant drops across major stocks. Investors appear cautious as uncertainties loom across various sectors. 📉 Technology Sector: Under Significant Pressure Across the technology sector, […]

The major US stock indices are continuing their slide with NASDAQ now down -2.10% at 19,600. S&P is down -1.40% at 5952.00 Dow industrial average is down -0.98% at 42900.29 The Russell 2000 is down -40 24 points or -1.85% at 2239.20 US yields have started to move back to the lower after the sharp […]

The European major indices are closing higher on the day. That runs counter to the moves seen in the US stock indices which are down sharply as money rebalances out of US and into Europe (at least today). The final numbers are showing: German DAX, +0.68% France’s CAC, +1.0% UK’s FTSE 100, +0.16% Spain’s Ibex, […]

CFD broker Investizo has announced an improvement in trading conditions: now the company’s clients can trade cryptocurrencies with 1:200 leverage. This is one of the first offerings of its kind in the industry. The updated leverage is available for more than 30 popular cryptocurrency pairs such as BTCUSDT, ETHUSDT, LTCUSDT, XRPUSDT and others. This offering […]

WTI crude oil settled 98-cents higher today to $70.43. Oil traded up to $88 early last year but has been treading water near $70 for months. The opening level of the year was $71.65 so it’s on track for a small decline this year. Today’s EIA US oil inventory data: Crude -4237K vs -1867K expected […]