Indices Futures Prices
- DAX Downside Bias Intact
The German DAX Future selloff from mid-June is threatening further support levels leaving a negative tone into month-end
- Draghi Fan Club
Opening calls: FTSE to open 5 points higher at 7421, DAX to open 37 points higher at 12282
- The Trend Trader For Futures Trading on Thursday, June 27, 2019
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market...
- FC limit Up, C EP down, Fast mkts Coming, Qtr End Event
Remember JBS blew same time. Stocks sell Qtr End, Buy GC C Break to buy, Spreads cheap margin plays?
- Midday Market Minute
Equity markets are hanging tough with an upbeat narrative on trade and a strong showing from the chips despite a less dovish Powell. Crude is surging after...
- Our WHOLE report - Blue Line Morning Express
ES, NQ, Crude, Gold. Actionable research out early each morning to brokerage clients with full technicals.
Futures Market News and Commentary
The S&P 500 ($SPX) on Wednesday closed down by -3.60 (-0.12%), the Dow Jones Industrials index ($DOWI) closed down -11.40 (-0.04%), and the Nasdaq 100 Index ($IUXX) closed up +35.51 (+0.47%). U.S. stock indexes settled mixed Wednesday. Stocks on Wednesday opened higher on reduced U.S./China trade tensions and positive U.S. economic data. Trade tensions eased after U.S. Treasury Secretary Mnuchin told CNBC in an interview today that negotiators were "about 90% of the way" to a trade deal with China before talks broke down and that he was "hopeful" that a trade deal between the U.S. and China can be found. Also, reports on Wednesday said that the U.S. is willing to suspend the next round of tariffs on an additional $300 billion of Chinese imports while the U.S. and China prepare to resume trade negotiations. Energy stocks were stronger Wednesday as Aug WTI crude oil rallied more than +2% to a 1-month high. Wednesday's U.S. economic data was supportive for stocks after May core capital goods orders, a proxy for capital spending, rose +0.4%, stronger than expectations of +0.1%. Stocks gave up most of their gains Wednesday, however, after President Trump warned that "substantial additional U.S. tariffs" will be placed on Chinese goods if there is no progress on a trade deal when he meets with Chinese President Xi Jinping this Saturday at the G-20 Summit in Japan. The VIX volatility index ($VIX) on Wednesday fell by -0.07 to 16.21% from Tuesday's 2-week high of 16.68%. The VIX is moderately above last Thursday's 1-1/2 month low of 13.19%. The VIX also remains far below the early-June 5-week high of 19.75% and the early-May 5-1/2 month high of 23.38%.