Equities Markets Remain Off Session Lows
July 20, 2010 at 12:08 UTC || By Forex Playmaker
Despite earnings misses by Goldman Sachs, Texas Instruments and IBM, equities markets remain well off their session lows, though still lower across the board. The Dow and Nasdaq are each lower by over 0.70% while the S&P 500 is lower by 0.50%.
Equities Markets Slightly Higher On Weak Trade
July 19, 2010 at 11:23 UTC || By Forex Playmaker
Equities markets are slightly higher at this hour, following Friday’s violent selloff of riskier assets. The Dow, S&P 500 and Nasdaq are each higher by around 0.20% after briefly flirting with negative territory earlier in the session.
US Equities Slightly Lower
July 12, 2010 at 12:01 UTC || By Forex Playmaker
The major US indexes are slightly lower at this hour, as investors take profits from the recent run up in share prices. The Dow is lower by 0.26% while the S&P 500 and Nasdaq are each lower by by better than 0.40%.
Equities Trading at Session Highs
July 7, 2010 at 13:51 UTC || By Forex Playmaker
US equity indexes remain at session highs this hour, as short covering and risk demand take hold. The Dow, S&P 500 and Nasdaq are all gaining nearly 2% on the session. Retail sales numbers to be issued tomorrow will determine whether the rally can continue into the weekly close.
Intraday Double-Dip for Equities
July 1, 2010 at 15:24 UTC || By Forex Playmaker
The charts are clear as far as equities indexes are concerned and we are headed toward session lows in the final stretch. There is nothing to be bullish about in these markets heading into the Jobs Report tomorrow. Shorting risk ahead of the numbers is the best strategy.
A Not-So Convincing Rally for Risk
June 30, 2010 at 12:20 UTC || By Forex Playmaker
The bounce for equities off of yesterday’s lows seems unable to gain steam. The major indexes appear range-bound in slightly positive territory at this hour. Absent a real move higher from here, traders can expect another late-day selloff in the final hour.
Equities Slighty Higher Following Carnage
June 30, 2010 at 10:43 UTC || By Forex Playmaker
Equities markets are in positive territory, if only slightly, following severe declines yesterday. The Dow is higher by 0.06% while the S&P 500 is gaining 0.15%. The S&P remains above the key 1,040 level at 1,043, which technicians are watching very closely.
Futures Pointing to Big Declines: -1.5%
June 29, 2010 at 09:14 UTC || By Forex Playmaker
US equities markets are pointing to big declines at the open of trading, following similar selloffs for global markets. The Dow, S&P 500 and tech-heavy Nasdaq are all pointing to about 1.5% declines at this hour.
Equities Show Negative Bias in Final Hour
June 28, 2010 at 15:33 UTC || By Forex Playmaker
US Equities market have given up much of the day’s gains in the final stretch, as the S&P 500 turns slightly negative. The Dow and Nasdaq are slightly higher heading into the close, though all-in-all a relatively quiet trading session.
BP Shares Sink to Session Lows
June 28, 2010 at 14:07 UTC || By Forex Playmaker
Following a short-lived bounce for BP (NYSE: BP) shares earlier, the stock is now trading at its lows on the session. BP is last priced at $26.95, lower by $0.06 over Friday’s close. The 52-week low for BP is close by at $26.83 per share.



