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Make it 9 days in a row for the Dow and the Nasdaq

Make it 9 days in a row for the Dow and the Nasdaq

Make it 9-days in a row for the Dow and the Nasdaq. The Dow closes at a new record high once again. The S&P index is only up 8 of 9 days, but is now within about 0.75% of an all-time high close. The final numbers are showing:Dow industrial average rose 251.90...

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Video: What’s coming for markets in 2024

Video: What’s coming for markets in 2024

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,...

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The Russell 2000 remains the chart to watch

The Russell 2000 remains the chart to watch

Russell 2000 dailyThe Russell 2000 is the standout US equity performer today once again, up 1.8%, or 35 points. That leaves it just 12 points from the top of a series of highs over the past two years.This is such an interesting crossroads. Technically, it's stalled...

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US crude oil futures settle at $73.44

US crude oil futures settle at $73.44

The price of crude oil futures are settling at $73.44 up $0.97 or 1.34%. The high price today reached $74.44, while the low price was at $72.14.Looking at the daily chart, the low was near the low price from November bear $72.22. FInding support buyers near that level...

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RBNZ Gov. Orr: Inflation remains to high.

RBNZ Gov. Orr: Inflation remains to high.

RBNZ Orr:Inflation remains too highThe committee remains weary of ongoing inflationary surprisesInternalizing complex situation of subdued 3Q GDP, historic downgradesNeutral interest rate is now at 2.55%Then NZDUSD has traded up to test the July 27 high at 0.6273...

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European indices close the day higher

European indices close the day higher

Major European indices are closing higher on the day. The things are led by the German DAX and Spain's Ibex.German DAX, +0.56%France CAC +0.08%UK FTSE 100, +0.31%Spain's Ibex +0.52%Italy's FTSE MIB +0.41%As European traders look for the exit, US indices are on pace...

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Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7%

Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7%

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,...

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EURUSD moves closer to November/December highs

EURUSD moves closer to November/December highs

EURUSD buyers remain in controlThe EURUSD moved sharply higher last week helped by Fed Chair Powell's comments after the FOMC rate decision. The FOMC dot plot was also a contributing factor to the lower dollar (higher EURUSD). The upside momentum continued on Thursday...

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S&P index within 0.8% of all time high close

S&P index within 0.8% of all time high close

Major US indices are trading to new session highs. For the S&P index since now within 0.8% of its all-time high closing level at 4796.57. The all-time intraday high comes in a 4818.62. The current price is trading at 4758.58 or 18 points or 0.3% (the high price...

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Dow and Nasdaq looks for its 9th positive day in a row

Dow and Nasdaq looks for its 9th positive day in a row

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,...

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US stocks set to open marginally higher

US stocks set to open marginally higher

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,...

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