U.S. Stocks Continue Recovery from Monday Sell-Off
Wednesday, October 31–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mixed to mostly higher overnight. U.S. stock indexes are pointed toward higher openings when the New York day session begins. There is still strong near- term technical evidence the U.S. stock indexes have put in market tops. Volatility in the U.S. stock […]
World Equity Markets Still Jittery After U.S. Sell Off Monday
Tuesday, October 30–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mixed to mostly lower overnight. U.S. stock indexes are pointed toward higher openings when the New York day session begins, on an upside correction following Monday’s sell off that pushed the indexes to six- month lows. There is still strong near-term technical […]
Global Stock Markets Mostly Up Monday, But Not China’s
Monday, October 29–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mixed to mostly firmer overnight. U.S. stock indexes are pointed toward higher openings when the New York day session begins. European stock indexes were mostly up, following news that the S&P Global Ratings agency on Friday did not downgrade Italy’s debt rating. […]
Buckle Up! It’s Going to Be a Volatile Trading Day Friday
Friday, October 26–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mostly lower overnight. U.S. stock indexes are pointed toward sharply lower openings and at five-month lows when the New York day session begins. It’s likely going to be another volatile day during the U.S. trading session today. Disappointing earnings reports from Amazon […]
Asian Stock Markets Move into Bear Territory
Thursday, October 25–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mixed to lower overnight, following the strong losses in U.S. stock indexes Wednesday that put those indexes into negative territory for this year. Asian stock markets were mostly lower overnight. China’s and South Korea’s stock markets are now in bear market territory, […]
World Markets Calm Down a Bit at Midweek
Wednesday, October 24–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mixed to firmer overnight, rebounding from solid losses Tuesday, as risk aversion is a bit less today than it was on Tuesday. U.S. stock indexes are pointed toward lower openings when the New York day session begins. The S&P 500 stock index […]
Keen Risk Aversion Back in the World Marketplace Tuesday
Tuesday, October 23–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mostly lower overnight as risk aversion has returned to the marketplace amid geopolitical tensions. China’s stock indexes were sharply down after good gains posted Monday. South Korea’s and Japan’s stock markets were also sharply lower. U.S. stock indexes are pointed toward lower […]
World Stock Markets Rally, Led by Big Gains in China Shares
Monday, October 22–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mostly firmer overnight. Asian shares gained overnight, led by China’s stock market rallying more than 4% as Chinese economic officials said they are prepared to stimulate the economy, including cutting personal taxes. European stock markets were also up, but worries remain regarding […]
World Stock Markets Firmer, But Uncertain Weekend Looms
Friday, October 19–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mostly firmer overnight. China’s stock market rallied after the Chinese government pledged to keep its economy on track and expressed confidence in future growth. This comes after the Chinese stock market dropped to a multi-year low Thursday and the Chinese yuan dropped […]
World Stock Markets Mixed; Nymex Crude Drops Below $70.00 a Barrel
Thursday, October 18–Jim Wyckoff’s Morning Markets Report OVERNIGHT DEVELOPMENTS Global stock markets were mixed overnight, with European stock indexes mostly firmer and Asian indexes mostly lower. U.S. stock indexes are pointed toward weaker openings when the New York day session begins. Traders and investors are awaiting the results of a Turkish investigation into the disappearance […]
