^NDX - NASDAQ 100
| Previous Close | 6,949.6987 |
| Open | 6,951.4697 |
| Volume | 416,974,603 |
| Day's Range | 6,941.8491 - 6,982.5220 |
| 52 Week Range | 5,579.6401 - 7,186.0898 |
| Avg. Volume | 2,135,045,079 |
- FX Empire•yesterday
US stock markets pause before the Memorial Day weekend
The US stock markets paused a bit during the week, as we head towards the Memorial Day weekend, the unofficial start of summer in the United States. We are testing significant resistance barriers above, so it makes sense that we may see a bit of short-term softness.
- FX Empire•yesterday
US markets choppy ahead of the Memorial Day weekend
The US markets went back and forth during the trading session on Friday, as we started to see profit taking ahead of the Memorial Day holiday on Monday. I believe that the market will continue to be very noisy, but it looks as if we are forming a shooting star for the week, which of course is a bit difficult.
- FX Empire•2 days ago
Revenues At Tiffany & Co. (NYSE:TIF) Soar In The Wake Of Successful Turnaround
Luxury retailer Tiffany & Co. (NYSE:TIF) beat the estimates of analysts in its first quarter results resulting in the full-year profit and sales forecast being raised. Shares of the luxury retailer rose by 20% following the release of the Q1 results. The results also marked the highest jump in same-store revenues in four years.
- FX Empire•2 days ago
Dow Jones 30 and NASDAQ 100 both fall on talks cancellation
The Dow Jones 30 and NASDAQ 100 both fell during the trading session on Thursday as it was announced that the United States was stepping away from talks with the North Koreans. This has caused a bit of a knee-jerk reaction to the downside, but I think that eventually cooler heads will prevail, and we will focus on the economy.
- FX Empire•3 days ago
Market Snapshot – Risks and Tension Rise as US Cancels Talks
The talks that were scheduled between the US and North Korea have been cancelled
- FX Empire•4 days ago
Market Snapshot – Geopolitical Tensions Override
The gold prices and the stock markets move in opposite directions
- FX Empire•4 days ago
Hewlett Packard Enterprise Co (NYSE:HPE) Releases Its Q2 Earnings Report Surpassing Analyst Expectations
Hewlett Packard Enterprise Co (NYSE:HPE) has announced the financial results for its second quarter revealing that it managed to outperform the performance figures projected by analysts. The tech company announced its Q2 earnings on Tuesday revealing that it secured a revenue of $7.5 billion during the quarter and its net earnings per share for the quarter was 34 cents. The company managed to surpass Wall Street’s revenue estimate of $7.38 billion and earnings per share estimate of 31 cents.
- FX Empire•4 days ago
US stock markets take a breather on Tuesday
The US stock markets took a bit of a breather on Tuesday, as we continue to see a lot of back-and-forth action after initial bullish pressure for the week. I believe that the market will eventually find buyers, based upon the US and China stepping away from a trade war, but we are near some psychologically and structurally important barriers that should be taken into account.
- FX Empire•4 days ago
Market Snapshot – Gold Prices Get Some Relief
The gold prices got some relief on dollar weakness
- FX Empire•6 days ago
Market Snapshot – Dollar Shoots Higher on Growing Anticipation
The dollar continues to gain strength
- FX Empire•6 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – May 21, 2018 Forecast
Based on the early price action, the direction of the index today is likely to be determined by trader reaction to the pivot at 6934.00.
- FX Empire•6 days ago
Equity Markets and USD Rise as US Could Tolerate NAFTA Deadline in 2019 for the Right Deal
Global stocks are mostly higher on Monday morning as investors respond to US Treasury Secretary Steve Mnuchin positive interview. US dollar continues to strengthen.
- FX Empire•6 days ago
AstraZeneca plc (ADR) (NYSE:AZN) Stock Drops After Announcement Of Q1 Results
AstraZeneca plc (ADR) (NYSE: AZN) stock dived after it announced its financial results for the first quarter of 2018 which revealed that the company came short of analyst estimates.
- FX Empire•7 days ago
The Week Ahead – Geo-Politics and the FED in Focus
Another busy week ahead, with a mass of economic data scheduled for release, FOMC member chatter and central bank policy meeting minutes there to consider, while Iran, Italy and Trade will also need to be factored in.
- FX Empire•8 days ago
US stock markets pulled back slightly during the week
US stock markets pulled back a bit during the week, as we ran into a significant amount of resistance. However, there is major support below, so it will be interesting to see what happens over the next couple of weeks. We have a couple of clear areas to pay attention to.
- FX Empire•8 days ago
US stock markets flat during Friday trading
The US stock markets were flat during trading on Friday, going sideways overall as the markets were looking for some type of direction. There are still concerns about potential trade tensions, and of course interest rates in America. However, when you look at the longer-term charts there is a little bit more clarity.
- FX Empire•9 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – May 18, 2018 Forecast
Based on the early price action, the direction of the June E-mini NASDAQ-100 Index today is likely to be determined by trader reaction to the steep uptrending Gann angle at 6890.00.
- FX Empire•9 days ago
Wal-Mart Stores Inc (NYSE:WMT)’s Q1 Results Beat Estimates As Online Sales Improve
The first quarter earnings of Wal-Mart Stores Inc (NYSE:WMT) beat analyst estimates on the back of a rebound in the giant retailer’s e-commerce business. In the previous quarter Walmart had a disappointing performance with regards to online sales in the United States but this time round revenues from the e-commerce operations grew by 33%, an indication that the investments the big box retailer has made in its website design and online grocery is paying off. “Online grocery continued to accelerate and [we] had the new Walmart.com site redesign late in the quarter.
- FX Empire•9 days ago
US stock market slightly positive in early trading on Thursday
The Dow Jones 30 and NASDAQ 100 both rallied a bit during early trading on Thursday but remained somewhat subdued as we are approaching major resistance barriers. With the choppiness that we have seen, it’s likely that we are trying to build up enough momentum to make a significant move.
- FX Empire•10 days ago
Stock Futures Point to Weakness
The tech stocks are expected to lead the stock indices lower
- FX Empire•10 days ago
Dow Jones 30 and NASDAQ 100 perk up a bit on Wednesday
US stock markets were very noisy during the trading session on Wednesday but ended up finding buyers later in the day across-the-board. I think that given enough time, the buyers will continue to push rather hard to the upside, with resistance above.
- FX Empire•11 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – May 16, 2018 Forecast
Based on yesterday’s action and today’s early move, the direction of the index today is likely to be determined by trader reaction to the main Fibonacci level at 6867.75.
- FX Empire•11 days ago
Market Snapshot – US Futures Slightly Higher, US Dollar Soars to 2018 High
Geopolitical risks weigh on financial markets on Wednesday as talks between North and South Korea have been suspended. The US dollar continues its strength versus other currencies and commodities.
- FX Empire•11 days ago
US stock markets react poorly to dollar strength on Tuesday
US stock markets struggle a bit during the trading session on Tuesday, as the US dollar strengthened during the trading session on Tuesday. I believe that the market will continue to react to the currency markets as per usual, but obviously there is significant support underneath.
- FX Empire•12 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – May 15, 2018 Forecast
Based on the early trade, the direction of the June E-mini NASDAQ-100 Index today is likely to be determined by trader reaction to the main Fibonacci level at 6867.75.
