Wednesday, January 26, 2022

Finspiration Australia. Fickle market falls on Fed announcement.

 Overnight.

European stocks finished higher last night, STOXX600 +1.68%.  Europe closed before the Federal Reserve's announcement.  American stocks were also positive at that time, but fell after the Fed's announcement.


Dow Jones -0.38%.  SP500 -0.15%.  Nasdaq +0.02%.  Small Caps -1.47%.  Banks +0.28%.

SP500.


SP500 remains below the 200-Day Moving Average and below the Ichimoku Cloud.  Traders will likely sell into any upside move.

Commodities.


Commodities Index +0.23%.  Energy +1.17%.  Base Metals flat 0.00%.  Gold -1.82%.

Iron Ore +0.2%.

After 15 minutes of trading this morning, XJO is up +0.8%, defying the down trend in late trading in the U.S.


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...