FUTURESCOIN IS GOING GLOBAL
WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
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U.S. stock index futures were flat on Wednesday as investors paused after Wall Street’s record-setting spree, while FedEx eyed its worst day since September after cutting its annual profit forecast for the second time this year.
Plan A : Continue to long if market stays firm above 28225. Targets are 28265, 28310 and 28350.
Plan B : Cut below 28195.
Plan C : Consider to short if market stays below 28255. Targets are 28225, 28190 and 28155.
Plan D : Cut above 28285.
The S&P 500 fell 0.04% to 3,191.14. The S&P 500′s slip ended its winning streak at five days, the longest consecutive run of gains since November. Stocks continued their drift into record territory during much of the day but turned lower. Enthusiasm was capped by sharp losses from FedEx.
The major averages posted their sixth straight win as the temporary removal of the U.S.-China trade headwinds kept investors from selling at record levels. These slight moves higher come with less than 10 trading days left in what has been a banner year on Wall Street. To be sure, those worries will return in the new year as China and the U.S. try to hammer out a so-called phase two deal which is expected to address key structural issues, including forced technology transfers.
Weekly jobless claims numbers are scheduled for release Thursday along with home sales data. Nike is also slated to report its latest quarterly earnings.
Plan A : Long if market supported firm above 3192.25. Targets are 3207.25, 3215.75 and 3221.75.
Plan B : Short if market failed to support above 3192.25. Targets are 3177.75, 3165.50 and 3153.25.
Stocks slipped on Wednesday, reversing gains late in trading as Wall Street fell short of extending its winning streak to six days. Gains earlier in the session were kept in check while investors digested weak earnings from shipping giant FedEx.
Both the S&P 500 and Nasdaq Composite hit intraday all-time highs, with the latter index the only one of the three ending higher, up just 0.05% at 8,827.74 points.
Wall Street’s streak came after President Donald Trump and Chinese officials announced that the world’s two largest economies had agreed on a so-called “phase one” deal.
Plan A : Long if market supported firm above 8610.50. Targets are 8638.50, 8665.25 and 8697.25.
Plan B : Short if market failed to support above 8610.50. Targets are 8571.25, 8541.50 and 8512.25.
HSI
Stocks in Hong Kong hit their highest level since late July on Wednesday amid expectation of a ‘phase one’ trade deal between Beijing and Washington, but pared gains as investors awaited further details.
At the close of trade, the Hang Seng index was up 0.2% to 27,884.21, off its earlier peak - the highest level since late July.
Gold
Gold prices gained on Thursday after the U.S. House of Representatives voted to impeach President Donald Trump, stoking political uncertainty in the world’s largest economy.
Spot gold was up 0.2% at $1,477.78 per ounce, as of 0443 GMT. U.S. gold futures were up 0.2% at $1,481.80 per ounce.
Plan A : Long if market supported firm above 1477.50. Targets are 1485.60 and 1490.10.
Plan B : Short if market failed to support above 1477.50. Targets are 1468.90 and 1463.20.
WTI Crude Oil
Oil prices remained atop three-month peaks on Thursday, extending a robust streak that began a week ago, as thawing trade relations between the United States and China supported global markets.
Brent crude futures edged up 8 cents to $66.25 a barrel by 0645 GMT, while WTI crude gained 4 cents to $60.97.
Plan A : Long if market supported firm above 60.82. Targets are 61.12 and 61.40.
Plan B : Short if market failed to support above 60.82. Targets are 60.55 and 60.28.
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
FUTURESCOIN IS GOING GLOBAL
WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.
Click here to contact us : https://goo.gl/B6Dccf
U.S. stock index futures were flat on Wednesday as investors paused after Wall Street’s record-setting spree, while FedEx eyed its worst day since September after cutting its annual profit forecast for the second time this year.
Plan A : Continue to long if market stays firm above 28225. Targets are 28265, 28310 and 28350.
Plan B : Cut below 28195.
Plan C : Consider to short if market stays below 28255. Targets are 28225, 28190 and 28155.
Plan D : Cut above 28285.
The S&P 500 fell 0.04% to 3,191.14. The S&P 500′s slip ended its winning streak at five days, the longest consecutive run of gains since November. Stocks continued their drift into record territory during much of the day but turned lower. Enthusiasm was capped by sharp losses from FedEx.
The major averages posted their sixth straight win as the temporary removal of the U.S.-China trade headwinds kept investors from selling at record levels. These slight moves higher come with less than 10 trading days left in what has been a banner year on Wall Street. To be sure, those worries will return in the new year as China and the U.S. try to hammer out a so-called phase two deal which is expected to address key structural issues, including forced technology transfers.
Weekly jobless claims numbers are scheduled for release Thursday along with home sales data. Nike is also slated to report its latest quarterly earnings.
Plan A : Long if market supported firm above 3192.25. Targets are 3207.25, 3215.75 and 3221.75.
Plan B : Short if market failed to support above 3192.25. Targets are 3177.75, 3165.50 and 3153.25.
Stocks slipped on Wednesday, reversing gains late in trading as Wall Street fell short of extending its winning streak to six days. Gains earlier in the session were kept in check while investors digested weak earnings from shipping giant FedEx.
Both the S&P 500 and Nasdaq Composite hit intraday all-time highs, with the latter index the only one of the three ending higher, up just 0.05% at 8,827.74 points.
Wall Street’s streak came after President Donald Trump and Chinese officials announced that the world’s two largest economies had agreed on a so-called “phase one” deal.
Plan A : Long if market supported firm above 8610.50. Targets are 8638.50, 8665.25 and 8697.25.
Plan B : Short if market failed to support above 8610.50. Targets are 8571.25, 8541.50 and 8512.25.
HSI
Stocks in Hong Kong hit their highest level since late July on Wednesday amid expectation of a ‘phase one’ trade deal between Beijing and Washington, but pared gains as investors awaited further details.
At the close of trade, the Hang Seng index was up 0.2% to 27,884.21, off its earlier peak - the highest level since late July.
Gold
Gold prices gained on Thursday after the U.S. House of Representatives voted to impeach President Donald Trump, stoking political uncertainty in the world’s largest economy.
Spot gold was up 0.2% at $1,477.78 per ounce, as of 0443 GMT. U.S. gold futures were up 0.2% at $1,481.80 per ounce.
Plan A : Long if market supported firm above 1477.50. Targets are 1485.60 and 1490.10.
Plan B : Short if market failed to support above 1477.50. Targets are 1468.90 and 1463.20.
WTI Crude Oil
Oil prices remained atop three-month peaks on Thursday, extending a robust streak that began a week ago, as thawing trade relations between the United States and China supported global markets.
Brent crude futures edged up 8 cents to $66.25 a barrel by 0645 GMT, while WTI crude gained 4 cents to $60.97.
Plan A : Long if market supported firm above 60.82. Targets are 61.12 and 61.40.
Plan B : Short if market failed to support above 60.82. Targets are 60.55 and 60.28.
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.