FUTURESCOIN IS GOING GLOBAL
WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
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Wall Street's main indexes gained on Tuesday as healthcare stocks rallied, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in an attempt to revive their economies.
Stocks pulled back sharply late in the session after Federal Reserve Vice Chair Richard Clarida made downbeat commetns about the dept of the economic contraction.
Plan A : Short if market does not breach above 23815. Targets are 23705, 23665 and 23605.
Plan B : Cut above 23840.
Plan C : Long if market able to sustain above 23705 and rebounds. Targets are 23815 and 23840.
Plan D : Cut below 23650.
E-Mini S&P 500
The Dow gained 133.33 points, or 0.56%, to close at 23,883.09. The S&P 500 climbed 0.90% to 2,868.44. The Nasdaq Composite advanced 1.13% to 8,809.12. Investors increased bets that the economy will reopen soon, lifting the broader market indexes.
California Gov. Gavin Newsom said Monday some of the state’s retailers will be allowed to offer curb-side pickup starting Friday while New York’s Andrew Cuomo said the state’s hospitalization and death rates are declining. This optimism also sent oil surging 20%. To be sure, Federal Reserve Vice Chairman Richard Clarida said the economy will need more support on the fiscal and monetary side. That comment led the major averages to trim their gains in the final hour of trading.
Chevron shares rose 1.59%, following oil prices higher. Pfizer shares advanced 2.37% after the pharmaceutical company announced it has started human coronavirus vaccine trials.
Private payrolls data from ADP and Moody’s Analytics are set for release Wednesday. GM, CVS Health and Wendy's are among the companies set to report earnings.
Plan A : Long if market supported firm above 2872.25. Targets are 2898.25, 2915.75 and 2939.25.
Plan B : Short if market failed to support above 2872.25. Targets are 2845.25, 2827.50 and 2800.25.
U.S. stock futures were higher in early morning trading on Wednesday, following two positive sessions in the equity markets.
Dow futures rose 184 points, indicating Wednesday opening gains of about 175 points. S&P 500 and Nasdaq futures also pointed to a positive Wednesday open for the two indexes.
The moves came as investors weighed the consequences of a growing number of states beginning to re-open their economies in the first two weeks of May.
President Donald Trump acknowledged on Tuesday that “there'll be more death” from coronavirus but argued that not re-opening businesses would also cost people their lives in other ways such as drug overdoses and suicides.
Plan A : Long if market supported firm above 8977.25. Targets are 8998.25, 9037.75 and 9065.75.
Plan B : Short if market failed to support above 8977.25. Targets are 8948.25, 8915.25 and 8881.75.
HSI
Hong Kong shares closed higher on Tuesday after the Asian financial hub scaled back social distancing measures put in place to curb the spread of the pandemic, and as economies elsewhere also showed signs of re-opening businesses.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.
Plan A : Short if market does not breach above 23835. Targets are 23748 and 23610. Cut above 23890.
Plan B : Long if market tested and rebounds from 23610. Targets are 23690 and 23735. Cut below 23552.
Plan A : Attempt selling if gold price trades below 1709
Plan B : Cut above 1714
Plan C : Consider buying only if gold trades firmly above 1709
Plan D : Cut below 1700
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.
Wall Street's main indexes gained on Tuesday as healthcare stocks rallied, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in an attempt to revive their economies.
Stocks pulled back sharply late in the session after Federal Reserve Vice Chair Richard Clarida made downbeat commetns about the dept of the economic contraction.
Plan A : Short if market does not breach above 23815. Targets are 23705, 23665 and 23605.
Plan B : Cut above 23840.
Plan C : Long if market able to sustain above 23705 and rebounds. Targets are 23815 and 23840.
Plan D : Cut below 23650.
E-Mini S&P 500
The Dow gained 133.33 points, or 0.56%, to close at 23,883.09. The S&P 500 climbed 0.90% to 2,868.44. The Nasdaq Composite advanced 1.13% to 8,809.12. Investors increased bets that the economy will reopen soon, lifting the broader market indexes.
California Gov. Gavin Newsom said Monday some of the state’s retailers will be allowed to offer curb-side pickup starting Friday while New York’s Andrew Cuomo said the state’s hospitalization and death rates are declining. This optimism also sent oil surging 20%. To be sure, Federal Reserve Vice Chairman Richard Clarida said the economy will need more support on the fiscal and monetary side. That comment led the major averages to trim their gains in the final hour of trading.
Chevron shares rose 1.59%, following oil prices higher. Pfizer shares advanced 2.37% after the pharmaceutical company announced it has started human coronavirus vaccine trials.
Private payrolls data from ADP and Moody’s Analytics are set for release Wednesday. GM, CVS Health and Wendy's are among the companies set to report earnings.
Plan A : Long if market supported firm above 2872.25. Targets are 2898.25, 2915.75 and 2939.25.
Plan B : Short if market failed to support above 2872.25. Targets are 2845.25, 2827.50 and 2800.25.
U.S. stock futures were higher in early morning trading on Wednesday, following two positive sessions in the equity markets.
Dow futures rose 184 points, indicating Wednesday opening gains of about 175 points. S&P 500 and Nasdaq futures also pointed to a positive Wednesday open for the two indexes.
The moves came as investors weighed the consequences of a growing number of states beginning to re-open their economies in the first two weeks of May.
President Donald Trump acknowledged on Tuesday that “there'll be more death” from coronavirus but argued that not re-opening businesses would also cost people their lives in other ways such as drug overdoses and suicides.
Plan A : Long if market supported firm above 8977.25. Targets are 8998.25, 9037.75 and 9065.75.
Plan B : Short if market failed to support above 8977.25. Targets are 8948.25, 8915.25 and 8881.75.
HSI
Hong Kong shares closed higher on Tuesday after the Asian financial hub scaled back social distancing measures put in place to curb the spread of the pandemic, and as economies elsewhere also showed signs of re-opening businesses.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.
Plan A : Short if market does not breach above 23835. Targets are 23748 and 23610. Cut above 23890.
Plan B : Long if market tested and rebounds from 23610. Targets are 23690 and 23735. Cut below 23552.
Plan A : Attempt selling if gold price trades below 1709
Plan B : Cut above 1714
Plan C : Consider buying only if gold trades firmly above 1709
Plan D : Cut below 1700
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.