·          Asian shares pared gains on Monday as Chinese stocks swung into negative territory, dragged lower by the escalating Sino-U.S. trade war, though Beijing’s efforts to stop sharp declines in the yuan helped support the currency. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ 0000 PUS climbed   0.3   percent, after having risen about   1   percent earlier in the day. ·          Japan’s Nikkei share average edged lower in choppy trade on Monday as investors remained...

• The Dow Jones Industrial Average .DJI fell 7.66 points, or 0.03 percent, to 25,326.16, the S&P 500 .SPX gained 13.86 points, or 0.49 percent, to 2,827.22 and the Nasdaq Composite .IXIC added 95.40 points, or 1.24 percent, to 7,802.69. Technology stocks pushed the S&P 500 and Nasdaq higher on Thursday, driven by Apple shares as the iPhone maker became the first publicly traded U.S. company worth a trillion dollars. Apple Inc (AAPL.O) extended its post-earnings rally, gaining 2.9 percent and...

• The S&P 500 initially fell during trading on Thursday but bounced enough to form a hammer. By doing so, it’s likely that the market is trying to show that it wants to go higher, but the jobs number needs to be out of the way before I think a lot of money jumps into the market. The 2820 level of course is a major level, but if we can clear that I think we could gain another five points rather quickly, and then perhaps another 15 after that. The alternate scenario of course is that we...

• The Dow Jones Industrial Average .DJI fell 81.37 points, or 0.32 percent, to 25,333.82, the S&P 500 .SPX lost 2.93 points, or 0.10 percent, to 2,813.36 and the Nasdaq Composite .IXIC added 35.50 points, or 0.46 percent, to 7,707.29. The S&P 500 and Dow slipped on Wednesday as gains in Apple shares were offset by a drop in energy and industrial companies, while the U.S. Federal Reserve remained on course for an expected interest rate hike in September. Technology companies pushed the Nasdaq...

• The S&P 500 as you can see has bounced from the 2812 level, reaching towards the 2821 handle. If we can break above the 2825 level, then the market will be free to go much higher. I believe at this point a bit of a bounce is probably going to happen, but I would wait until we see the reaction after the central banks, and of course the jobs number on Friday will make a major influence on where we are going next. At this point, I would not be trading this market with any type of size. I would...

·           U.S. stocks rebounded on Tuesday, boosted by gains in industrial shares following reports of renewed trade negotiations between the United States and China. The Dow Jones Industrial Average .DJI rose  108.36  points, or  0.43  percent, to  25 , 415.19 , the S&P  500 . SPX gained  13.69  points, or  0.49  percent, to  2 , 816.29  and the Nasdaq Composite .IXIC added  41.79  points, or  0.55  percent, to  7 , 671.79. ·           European shares climbed on Tuesday to a new six-week...

·           European bourses open mixed on Wednesday morning amid fresh earnings. The pan-European Stoxx  600  was flat with the major bourses taking different directions. ·           Asian shares gave up ground on Wednesday, with weak data in the region and fears of an imminent escalation in the tariff war between the United States and China pulling markets lower even as strong earnings out of the U.S. provided some support. In Asia, MSCI’s broadest index of Asia-Pacific shares outside...

• The Dow Jones Industrial Average .DJI fell 144.23 points, or 0.57 percent, to 25,306.83. The S&P 500 .SPX lost 16.22 points, or 0.58 percent, to 2,802.6 and the Nasdaq Composite .IXIC dropped 107.42 points, or 1.39 percent, to 7,630.00. A gauge of global equity markets fell on Monday, pulled down by a sell-off in U.S. technology heavyweights, while the dollar slipped against the euro ahead of several central bank monetary policy meetings later this week. • European shares retreated from a...

• Based on the early trade, the nearest resistance is the short-term pivot at 2821.00. The closest support is the main bottom at 2792.50. The main trend is up according to the daily swing chart. A trade through 2792.50 will change the main trend to down. A move through 2849.50 will signal a resumption of the uptrend. The short-term range is 2792.50 to 2849.50. Its 50% level or pivot is controlling the near-term direction of the market. The main range is 2693.25 to 2849.50. If the trend changes...

• The Dow Jones Industrial Average .DJI rose 172.16 points, or 0.68 percent, to 25,414.1, the S&P 500 .SPX gained 25.67 points, or 0.91 percent, to 2,846.07 and the Nasdaq Composite .IXIC added 91.47 points, or 1.17 percent, to 7,932.24. Wall Street rose on Wednesday as U.S. President Donald Trump secured concessions from the European Union on trade, while a disappointing quarterly report from Facebook (FB.O) after the bell slammed its stock and threatened to put the brakes on a tech rally....

·         Daily Swing Chart Technical Analysis The main trend is up according to the daily swing chart. The index is currently trading inside yesterday’s range. This indicates early trader indecision and impending volatility. A trade through  2849.50  will signal a resumption of the uptrend. A move through  2792.50  will change the main trend to down. Minor bottoms come in at  2789.75  and  2765.75. The short-term range is  2792.50  to  2849.50.  Its retracement zone at  2821.00  to ...

• The Dow Jones Industrial Average .DJI rose 197.65 points, or 0.79 percent, to 25,241.94, while the S&P 500 .SPX gained 13.42 points, or 0.48 percent, to 2,820.4. The Nasdaq Composite .IXIC dropped 1.11 points, or 0.01 percent, to 7,840.77. It reversed course after having hit a record high earlier in the session. The S&P 500 on Tuesday closed at its highest level since Feb. 1 as Alphabet’s blowout results bolstered expectations of a robust earnings season. • Asian markets were mixed in...

• The S&P 500 has initially pulled back during the trading session on Tuesday but then shot higher to test resistance. It looks as if the CFD market is trying to break out right along with the futures market, and that we could go looking towards the 2880 handle. That’s an area that was massive resistance in the past, so I think it will take something special to break above there. However, for those of you who like trading momentum and breakouts, this could be the perfect scenario as just...

• The Dow Jones Industrial Average .DJI fell 13.83 points, or 0.06 percent, to 25,044.29, the S&P 500 .SPX gained 5.15 points, or 0.18 percent, to 2,806.98 and the Nasdaq Composite .IXIC added 21.68 points, or 0.28 percent, to 7,841.87. The benchmark U.S. S&P 500 index and the Nasdaq index rose on Monday as a jump in 10-year bond yields boosted financial sector stocks and investors anticipated continued strength in corporate earnings and U.S. economic growth. • Analysts now forecast profit growth...

• European markets traded higher on Tuesday, bouncing back from the weaker trade seen in the previous session. The pan-European Stoxx 600 was up by 0.33 percent with almost every sector in the black. Autos and basic resources were the top performers in early deals, up by around 2 percent, as investors took a break from trade woes. • Japan’s Nikkei share average bounced on Tuesday, trimming losses from the previous day as the yen’s rally stalled and shored up exporters, while upbeat forecasts...

·           The Dow Jones Industrial Average .DJI fell  6.38  points, or  0.03  percent, to  25 , 058.12 , the S&P  500 . SPX lost  2.66  points, or  0.09  percent, to  2 , 801.83  and the Nasdaq Composite .IXIC dropped  5.10  points, or  0.07 percent, to  7 , 820.20. U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump’s latest tariff threats against China offset a string of robust earnings led by Microsoft. ·           Asian...

·           European markets started Monday’s session on a negative note, mimicking weaker trading in markets overseas. The pan-European Stoxx  600  was off by  0.35  percent with every sector trading in red. Auto stocks were the worst performers, down by  1.3  percent, as trade concerns weighed on sentiment. European Commission President Jean-Claude Juncker is heading to the White House this week in an attempt to persuade the U.S. not to impose tariffs on European carmakers. The meeting...

• The Dow Jones Industrial Average .DJI fell 134.79 points, or 0.53 percent, to 25,064.5, the S&P 500 .SPX lost 11.13 points, or 0.40 percent, to 2,804.49 and the Nasdaq Composite .IXIC dropped 29.15 points, or 0.37 percent, to 7,825.30. U.S. stocks dropped on Thursday after earnings disappointed and trade jitters escalated over worries that the European Union could slap retaliatory tariffs on goods imported from the United States. • Officials from the EU Trade Commission, due in Washington...

• The S&P 500 pulled back a little bit during the trading session on Thursday initially, but found enough support at the 2800 level to turn around and form a hammer. This is obviously a very bullish sign, but I believe that there is a lot of supply near the 2825 handle, so it’s not until we break above there that I think the market will take off to the upside, so in the short term we may continue to see volatility and sideways action overall. I’d be a buyer of dips, and I think there is...

• The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season. The Dow Jones Industrial Average .DJI rose 79.4 points, or 0.32 percent, to 25,199.29, the S&P 500 .SPX gained 6.07 points, or 0.22 percent, to 2,815.62 and the Nasdaq Composite .IXIC dropped 0.67 point, or 0.01 percent, to 7,854.44. • S&P 500 earnings...