Welcome to Wednesday’s Morning Coffee Break – U.S. markets start the third session of the week after two straight days of uneven trading. One positive take away from yesterday’s session was the break in the final hour sell off that has persists the last few weeks.
Welcome to Tuesday’s Morning Coffee Break – U.S markets started off the 4th quarter with strong trading intraday gains, although the Dow Jones and S&P 500 indexes did close solidly in the green the markets did exhibit the most recent trend off lately of selling off into the close. U.S. indexes closed well off their intraday highs with the NASDAQ falling into negative. The averages ended the day well off
Welcome to Monday’s Morning Coffee Break – Today’s U.S. session is the session of first – first day of new week, first day of new month and first day of a new quarter. U.S. markets finished off the September and the 3rd quarter in the green albeit the bulls loss some steam the final week of trading.
Welcome to the today’s Afternoon Brief- Four hours into the U.S. session equities continue to climb after Spain released its 2013 budget. According to a release from Deputy Prime Minister the budget will focus on spending cuts and not raise taxes.
Welcome to Thursday’s Morning Coffee Break – U.S. markets struggled the first 3 sessions of the week as its on pace for the largest weekly move in 4 months. However, in today’s pre-market U.S. futures are pointing to bounce higher at the open as traders approached not only end of the week but the end of the 3rd quarter.
Welcome to Tuesday’s Morning Coffee Break – U.S. futures are holding their own going into the Wednesday’s session amidst Asian and European markets solidly in the red. Both the Asian and European regions are selling off on concerns from yesterday’s U.S. session and comments from non-voting FMOC member, Charles Plosser comments that QE3 will not provide the stimulus that the Federal Reserve is looking to obtain. Market participants will get
Welcome to Tuesday’s Morning Coffee Break – History repeated itself as the Dow Jones dropped for the 15th Monday out of 16th weeks. U.S. futures are suggesting positive opening in early electronic trading with the Dow Jones fair value at 18.08, S&P 500 fair value 1.66 and the NASDAQ’s fair value coming in at 4.12.
Welcome to today’s Morning Coffee Break –despite losses last week U.S. markets are firmly in the green as market participants head into the last week of September and the final week of the 3rd quarter. Markets are in the green as well for the 3rd quarter putting markets on target to be the best year since 2009.
Welcome to today’s Morning Coffee Break – hold on tight as today is “quadruple witching”. For those unsure of what quarterly “quadruple witching” is, it’s a period of time simultaneous expiration of various options and futures contracts that happens once each quarter. Doing a little digging we found that the last 8 times this has occurred in September, the Dow Jones has traded higher. The Dow Jones also has been
Welcome to today’s Morning Coffee Break – U.S. futures are under pressure today as traders become fearful once again of global growth outlook after China reported its 11th consecutive disappointing Purchasing Managers Survey (PMI) of 46.3 for the month of August.
You must be logged in to post a comment.