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4th January 2018
Quote from
Nick on 4th January 2018, 9:20 am
Todays Post here
Europe's day has U.K. house prices, services PMIs for Spain, German, France, U.K., the euro zone and others. The U.S. features St. Louis Fed Bank President James Bullard delivering a keynote address in Philadelphia the day after minutes of the Federal Reserve’s December meeting showed officials continued to back gradual rate increases. We also get ADP employment data as a precursor to Friday's nonfarm payrolls.
Todays Post here
Europe's day has U.K. house prices, services PMIs for Spain, German, France, U.K., the euro zone and others. The U.S. features St. Louis Fed Bank President James Bullard delivering a keynote address in Philadelphia the day after minutes of the Federal Reserve’s December meeting showed officials continued to back gradual rate increases. We also get ADP employment data as a precursor to Friday's nonfarm payrolls.
Quote from
Cowboy on 4th January 2018, 1:54 pm
It's nice to see the Dow move off again after a neat consolidation. Looks like they've a little bit of room to run yet, except for the tech 100 worries me slightly. It's up against a trend line joining the daily peaks at 6600.
Going by the similarly drawn trend line, Dow can go to about 25500 in a straight line before it runs into trouble.
S&p has room to about 2730's.
Dax obviously miles behind and needs a proper break above 200
It's nice to see the Dow move off again after a neat consolidation. Looks like they've a little bit of room to run yet, except for the tech 100 worries me slightly. It's up against a trend line joining the daily peaks at 6600.
Going by the similarly drawn trend line, Dow can go to about 25500 in a straight line before it runs into trouble.
S&p has room to about 2730's.
Dax obviously miles behind and needs a proper break above 200
Quote from
Jack 2 on 4th January 2018, 2:22 pm
Something is telling me we will see 25000 today.
We just did while I was writing.
Something is telling me we will see 25000 today.
We just did while I was writing.
Quote from
Mcgcapital on 4th January 2018, 2:29 pm
7670-7700 range. Still looks like it's done enough to warrant a proper pullback, but if it gets above 7700 it's having another up leg. NFP tomorrow so probably another ramp coming, although the Dow has corrected from the round number levels before, even if it's only 1-2%
7670-7700 range. Still looks like it's done enough to warrant a proper pullback, but if it gets above 7700 it's having another up leg. NFP tomorrow so probably another ramp coming, although the Dow has corrected from the round number levels before, even if it's only 1-2%
Quote from
Mcgcapital on 4th January 2018, 2:34 pm
https://mobile.twitter.com/ukarlewitz/status/948708607276675074
Last 4 times have led to minor drawdowns even during the Trump bubble
https://mobile.twitter.com/ukarlewitz/status/948708607276675074
Last 4 times have led to minor drawdowns even during the Trump bubble
Quote from
Nick on 4th January 2018, 2:40 pm
US ADP Nonfarm Employment Change Dec: 250K (est 190K; prev R 185K)
US ADP Nonfarm Employment Change Dec: 250K (est 190K; prev R 185K)
Quote from
Nick on 4th January 2018, 6:11 pm
Had a FTSE long today from 7675 to 7695 which worked well, but very slow rise on the FTSE 100 compared to the others.
Had a FTSE long today from 7675 to 7695 which worked well, but very slow rise on the FTSE 100 compared to the others.
