Jan. 10, 2013, 8:13 a.m. EST Central banks in Europe keep rates unchanged By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) — Stock-market futures pointed to another day of gains for Wall Street on Thursday, with sentiment lifted by upbeat Chinese trade data and attention turning to weekly jobless claims and a couple of Federal Reserve speakers. Central…
TOP NEWS Hedge funds’ commodity bets see little change in value over year Fri, Jan 04 18:37 PM EST By Barani Krishnan (Reuters) – Hedge funds and other big speculators held just over $70 billion worth of bullish bets on U.S. commodities as the year began, barely changed from 12 months ago, after two weak…
Friday, January 04, 2012 Stock Market Commentary: Stocks are back in a confirmed uptrend after congress finally managed to put the best interest of the country ahead of their petty bickering. Stocks soared and closed above all near term levels of resistance that have been outlined here several times in this report (50 DMA line,…
Mon Dec 31, 2012 2:58pm EST * Gold up for a 12th straight year, more gains seen in 2013 * Palladium, platinum and silver outperform bullion though (Updates throughout with tentative US fiscal deal and close in gold futures; changes dateline to NEW YORK, previously LONDON) By Barani Krishnan NEW YORK, Dec 31 (Reuters) -…
By Ryan Vlastelica and Blaise Robinson Mon Dec 31, 2012 3:53am EST Dec 31 (Reuters) – U.S. stock index futures signalled a slightly higher open on Wall Street on Monday, withstocks set to snap a five-session losing streak as talks continued in Washington over resolving the “fiscal cliff”. Futures for the S&P 500 were up 0.43 percent, Dow Jones futures up 0.23…
Friday, December 28, 2012 Stock Market Commentary: Stocks closed below their respective 50 DMA lines last week which is not a healthy sign. The uptrend that began on Friday, November 16, 2012- after politicians hinted that a deal would get done for the fiscal cliff is under pressure and appears to be weakening every day….
Dec. 28, 2012, 6:47 a.m. EST By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) — U.S. stock-market futures fell on Friday ahead of the Chicago purchasing-managers index and pending-home-sales data, and before a key meeting between President Barack Obama and congressional leaders as they make a last-ditch effort to avert the fiscal cliff. Extending earlier losses, futures for…
Fri Dec 21, 2012 5:31pm EST * Late buying lifts market off nearly 4-month low * Some see technical rebound if gold gets above $1,633 * Iraq boosts gold reserves for first time in years (Recasts and updates throughout to close of U.S. trading session) By Barani Krishnan and David Brough NEW YORK/LONDON, Dec 21…
Friday, December 21, 2012 Stock Market Commentary: Stocks confirmed their latest uptrend when they closed above resistance (1435) on Tuesday, December 18, 2012. This marked day 22 of their current rally attempt (that began on Friday, November 16, 2012- after politicians hinted that a deal would get done for the fiscal cliff). It was very healthy…
Dec. 19, 2012, 7:26 a.m. EST Global optimism: Japan’s Nikkei busts through 10,000 level By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) — U.S. stock futures pointed to a potential third consecutive session of gains for Wall Street on Wednesday, again driven by hopes for a deal over the fiscal cliff, while housing-starts data will offer up another…