Stock Market Analysis

 Thur. a.m. 9/12/21.  Major U.S. Indices positive results.  Europe down.

Overnight:

Dow Jones up a little +0.1%.  SP500 +0.31%.  Nasdaq +0.64%.  Small Caps +0.46%.  Banks -0.84%.

European STOXX600 -0.59%.

SP500.

Last Night's Action takes the SP500 up to major horizontal resistance.  We may see consolidation or a pull-back here.  That will probably provide a "buy-the-dip" opportunity.

Commodities:

Commodities Index +1.34%.  Energy +2.01%.  Base Metals +1.29%.  Gold +0.05%

BHP and RIO were down last night on both the UK market and the US market.

Overnight OZ Futures down -0.36%.

It seems the Oz market be consolidating today.  It could, however, be more positive than negative given the positive results in the U.S.