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Stimulus to cure coronavirus?
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XJO to jump on open despite soft leads
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- October 25, 2019
XJO to end the week on a high
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- October 4, 2019
Latest Articles
Has the US market found the bottom of the September pull back?
US markets managed to find some buying with all sectors in the green apart from Utilities. Energy was the stand out with Crude hitting back near the $72 US a barrel mark. All in all market sentiment is very mixed. We are seeing the divide in sentiment grow with many analysts from the large banks
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US markets continue to slide
All sectors closed in the red overnight despite lower-than-expected CPI data. The issue is that many investors are not willing to buy in this market ahead of the FED announcement next week. Market sentiment is very mixed, which has seen some profit-taking come into the US market. We are seeing the divide in sentiment grow
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US Markets led higher as oil prices rise
Reopening stocks tied to Oil pushed higher overnight. This comes after Covid cases in the US show signs of topping out again. Covid cases have been rising week on week in the US since July. This is the first week that we have seen them decline. Financials stocks also had a strong night. Market sentiment
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Inflation concerns stocks lower, XJO to open modestly lower
US markets fell a material degree on Friday, with the S&P 500, the NASDAQ, and the DOW JONES finishing between 0.70% to 0.90% lower. A report showing higher than expected US producer prices stocked concerns that inflation is remaining elevated in the US economy; high inflation could trigger a tightening of monetary policy, which is
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Relatively minor US selling makes yesterday’s XJO move look excessive
US markets drifted lower again overnight, with the the S&P 500, the NASDAQ, and the DOW JONES finishing between 0.25% to 0.46% lower. Prices were higher at points through-out the session but pulled back to finish near their lows. The XJO’s extremely strong selling yesterday now looks quite excessive compared to global markets, and the
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US shares continue to drift lower, dragging XJO futures with them
US markets continued to drift lower overnight, with each of their major indices finishing slightly in the red. The S&P 500 was down a reasonable amount in the early session, but ticked higher throughout the day to finish only slightly lower. US weakness is again rubbing off on Australian shares, with our futures pointing to
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