|Day's Range||8,361.37 - 8,406.44|
|52 Week Range||5,895.12 - 8,445.61|
Investing.com - Stocks overall pulled back modestly Tuesday, despite nibbling at energy, health care and tech stocks, as investors await trade news and a decision from the Federal Reserve.
Based on the early price action and the current price at 8328.50, the direction of the December E-mini NASDAQ-100 Index the rest of the session on Tuesday is likely to be determined by trader reaction to the pivot at 8313.50.
Investing.com – U.S. stocks shed trade and political worries Friday to surge to their highest levels since the end of November.
Investing.com – Stocks on Wall Street surged Friday but were slightly off their highs after the Labor Department reported a larger-than-expected gain on nonfarm payrolls and a decline in the jobless rate.
Investing.com – Ulta Beauty (NASDAQ:ULTA) was surging higher Friday after its third-quarter results were not as bad as feared. But some on Wall Street see potential headwinds on the horizon for the cosmetic retailer.
Based on the early price action, the direction of the December E-mini NASDAQ-100 Index on Friday is likely to be determined by trader reaction to the short-term Fibonacci level at 8347.75.
Investing.com – Stocks were holding onto small gains Thursday afternoon after climbing back from early losses a day before Labor Department's monthly report on payroll employment and unemployment.
Investing.com - U.S. futures pointed to another day of gains on Wall Street, with belief in a near-term trade deal reviving again after Tuesday's shock comments by President Donald Trump.
Be prepared for a two-sided trade shortly after the release of the headline payrolls number because some traders will play the hard number and others will try to factor in the “real” number with the GM workers taken out of the equation.
Investing.com - Rising oil prices boosted energy stocks, and hopes yet again that a phase one trade deal will finally be struck between the United States and China lifted the rest of the stock market on Wednesday.
The panel is divided with bearish analysts citing a less-dovish Fed as one of the key reasons why gold prices are likely to be capped in 2020. Technical analysts seem to be painting a bullish picture with 2019’s mid-year breakout laying the groundwork for even higher prices in 2020. The bears are watching the 10-year yield, the bulls, the chart pattern. The two will work together to produce a strong rally if signs of recession re-emerge next year.
Investing.com - U.S. futures edged higher on Wednesday after Bloomberg reported that the U.S. and China are edging closer to a trade deal, citing unnamed sources.
Investing.com – Stocks took a dive on Tuesday for a third-straight day after President Donald Trump suggested there might not be a trade deal with China in 2019 and maybe not until after next year's election.
Investing.com - U.S. futures tumbled on Tuesday after President Donald Trump said that a trade deal with China may have to wait until after next year’s election.
Investing.com – Stocks began the last month of 2019 with their second selloff in two sessions Monday as worries grew about U.S. trade fights with just about everyone and new reports that showed weakening manufacturing and construction data.
As the Thanksgiving holiday passes, traders should begin to understand that liquidity and volume in the US and global markets typically begin to diminish over the next 30 to 45+ days. Typically, between mid-November and early January, trading volumes weaken dramatically as institutional and retail investors move away from the markets in preparation for year-end celebrations and tax planning.
The direction of the market will be determined by whether investors feel the need to chase the market higher, or wait for a pullback into support or a value area. The catalyst behind the price action is likely to be news about the trade deal.
Investing.com – Stocks fell Friday on a holiday-shortened trading day ostensibly because of new worries about the long-awaited phase one U.S.-China trade deal.
Investing.com - U.S. futures fell in holiday-thinned trade after U.S. President Donald Trump signed legislation into law that supports Hong Kong protestors, raising a further hurdle to a trade deal with China.