TAG market

No Image

The S&P 500 Closed Out its 3rd Straight Quarter in the Green

The S&P 500 Closed Out its 3rd Straight Quarter in the Green $DIA, $SPY, $QQQ, $VXX, $HSY, $MDLZ Wall Street marked a 3rd straight day of gainers Thursday as the BOE raised the prospect of a Summer stimulus and consumer staples shares rose on news of Mondelez International’s (NASDAQ:MDLZ) $23-B bid for Hershey (NYSE:HSY). The […]

The post The S&P 500 Closed Out its 3rd Straight Quarter in the Green appeared first on Live Trading News.

READ MORE 

No Image

US Jobless Claims Rise, Unemployment Benefits Increased in June

US Jobless Claims Rise, Unemployment Benefits Increased in June $DIA, $SPY, $QQQ, $VXX The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 268,000 for the week ended 25 June, the […]

The post US Jobless Claims Rise, Unemployment Benefits Increased in June appeared first on Live Trading News.

READ MORE 

No Image

Saudi Arabia and Iran’s Crude Oil Price War

Saudi Arabia and Iran’s Crude Oil Price War $OIL The price of Crude Oil has stabilized around the Key level of 50 bbl, which is the OPEC target for the end of Y 2016. Disruptions of production in several countries, including Libya, Nigeria and Venezuela, and the anticipated higher Summer demand in the United States […]

The post Saudi Arabia and Iran’s Crude Oil Price War appeared first on Live Trading News.

READ MORE 

No Image

China’s Investing in the United States Extends Beyond Real Estate

China’s Investing in the United States Extends Beyond Real Estate The growing Chinese investment in the United States has extended beyond real estate, with more companies eyeing sectors closely related to Chinese domestic demand. In recent years, more Chinese companies have been investing in the United States irregardless of size, industry and ownership, Shau Zhang, a […]

The post China’s Investing in the United States Extends Beyond Real Estate appeared first on Live Trading News.

READ MORE 

No Image

It is Not the UK’s ‘Leave’ Vote that Derailed the Fed’s Plans

It is Not the UK’s ‘Leave’ Vote that Derailed the Fed’s Plans Weaker-than-expected real growth in US jobs in recent months had forced US monetary policy makers to put off a rate hike at their meeting June meeting. The data due early next month on June US NFP’s could help clear up doubts about the […]

The post It is Not the UK’s ‘Leave’ Vote that Derailed the Fed’s Plans appeared first on Live Trading News.

READ MORE 

No Image

The Fed Policy Makers are Fighting for Their Lives

The Fed Policy Makers are Fighting for Their Lives Something interesting happened the Friday (Quad Witching) before Brexit; trading volume exploded on a decline in the Dow Jones.  In the BEV chart below I inserted the daily trading volume (mils) for the Dow Jones instead of the usual BEV values to highlight what happened. It […]

The post The Fed Policy Makers are Fighting for Their Lives appeared first on Live Trading News.

READ MORE 

No Image

Entertainment/Media Stocks Hammered Friday

Entertainment/Media Stocks Hammered Friday $CMCSA, $DIS, $FOX, $NFLX Wall Street and the other Key world financial market had one of its worst days in years Friday after the UK voted to leave he EU, a surprise decision that saw investors selloff  perceived risk, and some pundits predicting Gloom & Doom. Others, including me, see it […]

The post Entertainment/Media Stocks Hammered Friday appeared first on Live Trading News.

READ MORE 

No Image

AAII Sentiment Survey, Optimism Now at a 4-Wk Low

AAII Sentiment Survey, Optimism Now at a 4-Wk Low $DIA, $SPY, $QQQ, $VXX The AAII Sentiment Survey has been conducted weekly since July 1987 and asks AAII members whether they think stock prices will rise, remain essentially flat or fall over the next 6 months. The weekly survey frame runs from Thursday at 12:01a to […]

The post AAII Sentiment Survey, Optimism Now at a 4-Wk Low appeared first on Live Trading News.

READ MORE 

No Image

Great British Pound Dives Deep As UK Votes to Ankle the EU

Great British Pound (GBP) Dives Deep As UK Votes to Ankle the EU GBPUSD: BBC news reports have confirmed that pro-Brexit voters, the people in favor of the UK leaving the EU have won the referendum by 51% Vs 49%. As the results were announced the Great British Pound (GBP) took a strong hit fast. The […]

The post Great British Pound Dives Deep As UK Votes to Ankle the EU appeared first on Live Trading News.

READ MORE