Monday, November 1, 2021

 Tues. a.m. 2/11/21.  U.S. Indices post record highs.

Overnight:


Dow Jones +0.26%.  SP500 +0.18%.  Nasdaq +0.63%.  Small Caps +2.45%.  Banks +1.11%.

So far in reporting season, 82% of SP500 stocks have beaten estimates.  That's been putting plenty of shove behind U.S. stocks.

SP500:


SP500 rose slightly on Monday evening.  

RSI14 is at 69.27 - bordering on overbought.  CCI (bottom panel) is sloping down which indicates that momentum has slowed and may lead to a pull-back.  MACD Histogram is giving off the same signal.

Commodities:


Commodities Index +0.75%.  Energy +0.77%.  Base Metals -0.28%.  Gold +0.52%.

Iron Ore -3.2%.

After 15 minutes of trading, the ASX200 has followed the U.S. higher.  XJO up +0.25%.

Reserve Bank meets today.  Results could be a market moving event.

No comments:

Post a Comment

Finspiration Australia. 14/11/23. Tues. Morning Report.

Mixed Results in New York.  Energy up. NAB ex-dividend today. Dow Jones +0.16%.  SP500 -0.08%.  Nasdaq -0.11%.  Small Caps -0.07%.  Banks -0...