Tag Archives: S&P
Can US economy pull Europe out of its debt vortex?
Last US economic data presents before Christmas Yesterday economic data out of the US showed yet again that the patient is alive as initial jobless claims came in very strong for the second consecutive week pushing the 12-week rolling trend figure further down. Also the leading indicators came in better than expected driven by a […]
US GDP unexpectedly revised down; jobs data improves again
US futures hold gains on jobs data despite GDP report S&P 500 Index futures are up 0.4 percent and almost unchanged from the levels before the release of the third 3Q US GDP report and initial jobless claims. The GDP report revised down growth in the third quarter to 1.8 per cent QoQ annualised compared […]
S&P ANALYSIS
The S&P managed to confirm a positive closing despite the drop to confirmed a lower at 1223,10, just above our stop!! We still expect good resistance at the 200 day line at 1245,04; only a daily closing above this line will confirm higher levels!!
Stocks are riding the LTRO rollercoaster
Europe cheered and then shrugged The momentum from yesterday’s session carried into Asia overnight and Europe was building up steam (the DAX Index was up 0.9 per cent) ahead of the much anticipated 10:15 GMT announcement from the European Central Bank about allotments on its new three-year Long-Term Refinancing Operation, a programme to ease funding […]
S&P ANALYSIS
The S&P confirmed a strong closing last night well above the top of the previous sessions suggesting further strength with the 200 days line at 1245,14 now the attraction. We could however see even a direct overshooting!!
S&P ANALYSIS
The S&P confirmed a weak closing below 1200 finding however good support already at 11955,50 form it started a new attempt on the upside. Only a daily closing below 1195,50 will confirm lower levels toward the support line at 1185,50!
S&P ANALYSIS
The S&P failed to confirm Thursday’s positive day reversal but at least it remaining above the 1208,50 level. The weekly closing was instead weak!!
S&P ANALYSIS
The S&P formed last night a positive day reversal after a 1200 undershooting. Only a daily closing tonight above 1220,40 will however confirm a s/t bottom supporting higher levels.
S&P ANALYSIS
The S&P confirmed a further closing of the gap up area but we could still see a further drop toward the 1196 area if not even the support line at 1182,80.
S&P ANALYSIS
The S&P confirmed the expected test interior the gap up formed on November the 30, 1221,50 – 1196,50!! It found however already good support at 1213,00 before rebounding higher.
S&P ANALYSIS
The S&P confirmed a weak closing last night well below the low of the previous session and below the 200 days line suggesting further weakness.
S&P ANALYSIS
The S&P confirmed a positive closing after the test of the 1244 area where it found good support. The move up formed a positive outside day with now 1269,00 – 1243,00 the levels to follow in the coming hours.