Ahead of the Open Bell
Will the trend continue in U.S. markets? Each time the S&P 500 [stock ^SPX] began the week down 1% or more such as yesterday the U.S. markets closed the week out lower 5 out 6 times.
Strategies
Analysis Upgrades and and Downgrades for June 11
Analysis Upgrades and and Downgrades for the close of June 11, 2012
Today’s Afternoon New 52 Week High and Low
Today’s afternoon new 52 week high and low for June 11, 2012
Euro Clears Previous Weekly High to Expose Fresh Upside Towards 1.2800
Markets are off to a positive start in the early week, with two key developments over the weekend seen as the primary drivers for the initial surge in risk correlated assets. The news that EU assistance to the Spanish banking sector in the amount of Eur100B has well exceeded estimates of most analysts, while Chinese data was not as bad as many had feared. Both of these developments have resulted in a market rally driven by the expectation that the global economy will continue to be supported by proponomics.
Analysts Upgrades and Downgrades Ahead of the Bell
Analysts Upgrades and Downgrades Ahead of the Bell as June 11, 2012 8:30 a.m. EDT
Euro – Is this the Recovery or the Calm before the Storm?
The Euro bounced sharply off of multi-year lows in a week of impressive recovery for the US S&P 500 and broader financial markets.
Breaking News – Mexico Rate Decision
Mexico Central Bank Rate Decision
EURUSD: Hold Short as Upswing Losses Steam
We initially sold EURUSD at 1.3121 and added to the position at 1.3026. The pair sold off after forming a bearish Harami candlestick pattern and we have subsequently revised the stop-loss and target downward to lock in some gains
Breaking News -Trade Deficit
Breaking News – U.S. Trade Deficit
Pre-Market Movers and Shakers
Companies on the Move Ahead of the open
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