It only took one non-FOMC Fed member to hint at QE3 and Wall Street was away and running once more. Dow up 162. (Accessible only for subscribers before 10:15 AEDT)
ATW’s Jerry Simmons looks at US stock future indices, Apple, light crude and natural gas and sees possible positive signs emerging.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Richard Russell, of Dow Theory Letters fame, believes this is the start of a new primary bear market for US equities.
Analysis of monthly seasonal trends for Barclays Capital shows June is the start of a summer struggle for equities, while the US dollar and commodities usually also find the going tougher.
Peter Switzer of the Switzer Super Report laments the increasing effect simplistic doom and gloom commentary is having on global markets.
Whether it be stocks or bonds, valuations can be misleading. PFP’s Tim Price looks at both classes in today’s context.
A glance through the latest expert views and predictions about commodities with NAB updating its expectations, reports on copper and zinc and why silver prices may be near a bottom.
A brief look at important company events and economic data releases next week.
Wall Street was looking a bit worn out last night ahead of the US long weekend as stocks bungled along unenthusiastically. Dow up 33. (Accessible only for subscribers before 10:15 AEDT)