Nasdaq 100 E-Mini Dec '19 (NQZ19)
Nasdaq 100 E-Mini Futures Market News and Commentary
The S&P 500 Index ($SPX) this morning is down -0.02%, the Dow Jones Industrials Index ($DOWI) is up +0.03%, and the Nasdaq 100 Index ($IUXX) is up +0.02%.
U.S. stock indexes are mixed this morning with some continued downward pressure from US/Chinese trade concerns. There is also some downward pressure from political uncerainty as the House Intelligence Committee today holds the first day of its impeachment hearings.
Comments from Fed Chair Powell today before the Joint Economic Committee of Congress suggest the Fed is on hold for the foreseeable future. Mr. Powell said, "we see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy remains broadly consistent with our outlook."
U.S. stock indexes opened lower this morning on uncertainty about progress in U.S./China trade talks. Stocks were weighed down by President Trump's comments on Tuesday in which he said that a trade deal with China could happ... Read more
- Stay The Course
My message today is...
- Russell Elliott Wave View: Impulse Rally Calling More Upside
Russell is showing 5 swings impulse rally from 10/03/2019 low favoring more upside to take place.
- The Main Event Today is Fed Chair Powell's Testimony
The main event today will be Federal Reserve ChairmanJerome Powells testimony before the Congressional Joint Economic Committee in a hearing on The Economic...
- WTI Crude Oil Dec 2019
Highly Accurate Professional Grade Technical Analysis
- How Great Thou Art
Yesterday the Dow showed no gain despite the President's economic speech. What will happen today? Read on to learn more...
- RBNZ throws a curveball. Equities down on waning appetite. Pound is quiet before inflation data
Asian stock indices edged lower following a positive European and US session.