pm's haven't been able to get anything going forever it seems. eyeballin' this long term monthly trend line on silver futures (apologies for the crappy paint chart...having issues with the tos platform today) i guess if one is thinking pm's is due for a bounce soon then on the flip side you believe the dollar has topped out. hmm...
Rally fading a little bit here into the close Not a great start for small caps in Q4, down well over 1%. Great day for energy stocks, energy could be the star in the final quarter if crude prices continue to rise
good morning to all. here is the pre-market thread for those of you wanting to get a quick read before today's open- <-- click there to read! hope everyone has a great trading day ahead today.
yeah i tend to think so too, looks like the energy now breaking through its spring downtrend as illustrated in the chart below- which coincides with crude breaking out to new multi-year highs- the internals for the energy sector also look positive-
wait, is this groundhog's day or something? i could swear this is déjà vu all over again from yesterday
came across an interesting article while browsing on mobile earlier this morning that was illustrating the previous instances where the DJ30 was up over +0.50% whilst the small cap index was down over -0.50% on successive days like yesterday and today, and how that was a lead up to market corrections in the past, but now i can't find the dang article to share in here lol anyway, i haven't seen something like this in a while (maybe ever). i mean, this is practically a repeat of what we saw in the indices yesterday.
Looks like Nikkei has hit new multi year highs lately too and they did it without the yen weakening significantly So with the global markets have mostly struggled lately, the US and Japan have been the standouts
looks like a fresh 7 year high on the 10yr (price down, yield up) adp blew away the estimates, and i believe (someone correct me if i'm wrong?) the ism # was an ATH
