The US stock market

[ilearn2t]

Hello Everyone

Oil futures lost more ground on Wednesday after the US. Energy Information Administration said crude stockpiles rose 1.7 million barrels for the week ending June 20, sending the "Markets" higher within minutes of report, Gold also moved upwards on the "report".

Current price: 1318.42

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

Yesterday saw the 3 "Markets" finish in the "Green" after the Crude Oil Inventories report give that "feel good effect" again.

With 4 reports due at 1.30pm (BST), and the US. Unemployment Claims being the only one that is "Forecast" to get us down a bit, another wrong prediction by the "experts" in favor of the "Greens" could push one or more "markets" into record territory again.

Close of trading:

The Dow Jones Global Indexes: 16867.51 +49.38 (+0.29%)

Nasdaq Composite Index: 4379.76 +29.40 (+0.68%)

The S&P 500 Index: 1959.53 +9.55 (+0.49%)

Gold ended the day (Wednesday) slightly up at 1318.76 due mainly to the weak US. economy data earlier in the day.

Current price: 1310.55

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

Yesterdays "Markets" closed in the "Red" after James Bullard (President of the Federal Reserve Bank of St. Louis) said that improving economy and rising price pressures suggest interest-rate increases should come sooner rather than later.

Two (feel good) data reports at 2.55pm (BST) Revised UoM Consumer Sentiment + Revised UoM Inflation Expectations could point the "markets" in the right direction.

Close of trading:

The Dow Jones Global Indexes: 16846.13 -21.38 (-0.13%)

Nasdaq Composite Index: 4379.05 -0.71 (-0.02%)

The S&P 500 Index: 1957.22 -2.31 (-0.12%)

Gold ended down yesterday (1316.31) after upbeat US. Unemployment Claims data and weaker crude oil prices sent prices tumbling at one point to 1306.15.

Current price: 1318.35

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

Friday saw all 3 "Markets" close in the "Green" after the US. consumer sentiment rose in June as consumers remained optimistic the sluggish first quarter was due to difficult winter conditions.

Monday could get the "markets" of to a nice start for the week as the Pending Home Sales m/m
3.00pm (BST) comes in.

Close of trading:

The Dow Jones Global Indexes: 16851.84 +5.71 (+0.03%)

Nasdaq Composite Index: 4397.93 +18.88 (+0.43%)

The S&P 500 Index: 1960.96 +3.74 (+0.19%)

Gold "closed" the month in the "Green" as I predicted on the 28/May/2004, and heading towards my prediction on the 15/May/2014 of 1330.00.

Current price: 1316.03

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

The markets had a mixed day yesterday, with Dow and S&P 500 closing in the "Red" while the Nasdaq closed in the "Green" for the second day running.

On the plus side, the S&P 500 recorded the fifth consecutive month of gains and the biggest second-quarter gain since 2009.

Today's US data reports "Forecast" good, with the ISM Manufacturing PMI 3pm (BST) looking to the "Green" side.


Close of trading:

The Dow Jones Global Indexes: 16826.60 -25.24 (-0.15%)

Nasdaq Composite Index: 4408.18 +10.25 (+0.23%)

The S&P 500 Index: 1960.23 -0.73 (-0.04%)

Gold reached a three month "High" 1329.33 yesterday (Monday) before "Close" 1327.05.

Current price: 1325.33

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

All three "Markets" closed in the "Green" with the Dow just missing out on the 17000 mark, and the S&P 500 heading towards the 2000 mark.

With the "ADP Non-Farm Employment Change" giving us the feel good factor again, looks like more records are on the cards today again.

Close of trading:

The Dow Jones Global Indexes: 16956.07 +129.47 (+0.77%)

Nasdaq Composite Index: 4458.65 +50.47 (+1.14%)

The S&P 500 Index: 1973.32 +13.09 (+0.67%)

Gold hit a "High" 1332.52 yesterday before closing near its open price at 1326.07

Current price: 1326.56

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

"Markets" closed mixed yesterday, as both the Dow and S&P 500 reached record highs and finished in the "Green" while the Nasdaq closed in the "Red".

Today's data, the last before 4th July holidays could push records even higher if everything goes again thr "Forecasts" 1.30pm (BST).



Close of trading:

The Dow Jones Global Indexes: 16976.24 +20.17 (+0.12%)

Nasdaq Composite Index: 4457.73 -0.92 (-0.02%)

The S&P 500 Index: 1974.62 +1.30 (+0.07%)

Gold continued to nip at the 1330 level yesterday before "Close" 1326.46.

Current price: 1320.65

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

All 3 "Markets" closed in the "Green" with the Dow shooting past the 17,000 mark and the S&P 500 under 15 points away from the 2,000 mark.

Today (Friday 04/July/2014) Independence Day in the "States" might just be a stay away day from the "Markets".

Close of trading:

The Dow Jones Global Indexes: 17068.26 +92.02 (+0.54%)

Nasdaq Composite Index: 4485.93 +28.19 (+0.63%)

The S&P 500 Index: 1985.44 +10.82 (+0.55%)

Gold took a hard knock yesterday, but remains poised to finish the "Weekly" cycle in an upward trend (Green) for the 5th week-in-a-row.

Current price: 1321.89

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

Things (records) could really take off this week on the "Markets", despite the lack of feel good "US" economic data, with the start of major reports of the second-quarter earnings season commencing on Tuesday.

Close of trading:

The Dow Jones Global Indexes: 17068.26 +92.02 (+0.54%)

Nasdaq Composite Index: 4485.93 +28.19 (+0.63%)

The S&P 500 Index: 1985.44 +10.82 (+0.55%)

Gold finished its "Weekly" task on the "up" side, despite its desire to drop after the strong jobs data released on Thursday. Tensions in Iraq and on the borders between Russia and the Ukraine could hold the key to which way the price will go in the near future.

Current price: 1314.35

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

All three "Markets" closed in the "Red" yesterday as investors await to see if the Feds will hike interest rates sooner than expected.

Today sees the start of the second-quarter earnings releases, that could just edge one or more "Markets" towards their targets.

Close of trading:

The Dow Jones Global Indexes: 17024.21 -44.05 (-0.26%)

Nasdaq Composite Index: 4451.53 -34.40 (-0.77%)

The S&P 500 Index: 1977.65 -7.79 (-0.39%)

Gold took a step backwards yesterday before recovering to almost "Close" at the same level of Fridays "Open" (1319.96) at 1319.55

Current price: 1319.20

Good luck
ilearn2t