Welcome to the Daily Market News. Big movers of the day. NIKKEI +1.37% and Natural Gas -2.59%. Asian Markets: NIKKEI +1.37%, SHCOMP -0.34%, HANG SENG -0.33%, ASX 200 Unchanged, KOSPI +0.42% European Markets: DAX +0.17%, FTSE Unchanged, CAC +0.11%, STOXX600 +0.15% US Markets: DJIA -0.15%, S&P 500 -0.17%, NASDAQ -0.10%, RUSSELL 2000 -0.42% Energy: OIL […]

Welcome to the Daily Market News. No major components of the Market overly bullish. Today we see the most downside in SHCOMP, Hang Seng, Oil, and Natural Gas. Asian Markets: NIKKEI +0.11%, HANG SENG -0.93%, ASX 200 -0.40%, KOSPI Unchanged, SHCOMP -1.60% European Markets: DAX +0.25%, FTSE -0.05%, CAC +0.66%, STOXX600 +0.06% US Markets: DJIA […]

XLE Topping Soon Taking a look at the recent Elliott wave structure in XLE suggests a top may be near. Starting from the 12/24/18 low at $53.25 the energy ETF shows a 5 wave impulse in wave (A) to $66.93 on 2/20/19. From there we count a 3 wave correction to the (B) wave low […]

Welcome to the Daily Market News. Today we see a rebound pretty much across the globe. The major mover is small cap US stocks with the Russell 2000 Index +1.34% on the day. Asian Markets: NIKKEI -0.53%, HANG SENG -0.13%, ASX 200 +0.03%, KOSPI +0.49%, SHCOMP +0.07% European Markets: DAX +0.47%, FTSE -0.05%, CAC +0.25%, […]

Welcome to the Daily Market News. Today we see red in the market pretty much across the globe. The major mover is small cap US stocks with the Russell 2000 Index -1.02% on the day. Asian Markets: NIKKEI +0.19%, HANG SENG +0.27%, ASX 200 +0.01%, KOSPI +0.13%, SHCOMP -0.16% European Markets: DAX -0.94%, FTSE -0.35%, […]

Welcome to the Daily Market News. Today’s Market was mixed across the board. The major mover on the day was Energy. Oil closing up over 2% has us on guard for even more gains. Asian Markets: NIKKEI -0.21%, HANG SENG +0.47%, ASX 200 +0.65% European Markets: DAX -0.39%, FTSE +.07% US Markets: DJIA -0.32%, NASDAQ […]