This week ATW’s Jerry Simmons examines US equities and sees scope for a not unusual solar-based movement. Energy, softs, currencies and US bonds are also considered.
Global markets are ready to do something, but they’re just not sure what. Dow down 20. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The latest surveys by Barclays and Merrill Lynch show investor confidence is improving, with equities and commodities among preferred asset classes and Europe becoming less of an issue.
Mixed PMI estimates across the globe led to another limbo night on Wall Street ahead of…um…what? Dow up 18. (Accessible only for subscribers before 10:15 AEDT)
Saudi sales and increased US inventories see oil prices fall another four dollars. Dow up 13. (Accessible only for subscribers before 10:15 AEDT)
Geopolitical tensions have investors hesitating, but until Spain asks for a bail-out, the ECB remains on the sidelines and QE3 is offset. Dow up 11. (Accessible only for subscribers before 10:15 AEDT)
A sudden and unexplained plunge in the price of oil last night confounded Wall Street into a familiar, profit-taking Monday. Dow down 40. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
JP Goldman of the Switzer Super Report argues the case between property, shares and inflation-linked bonds.