Thu. a.m. 3/2/22. U.S. stocks up for fourth day in a row.
Overnight.
Dow Jones +0.63%. SP500 +0.94%. Nasdaq +0.5%. Small Caps -0.51%. Banks +0.4%.
SP500.
Short-term trend remains up. Medium-term trend is undecided.
SP500 is now into the Ichimoku Cloud and below the 50-Day MA. This puts it into the undecided zone. Wait.
Commodities.
Commodities Index +0.4%. Energy +1.03%. Base Metals -0.17%. Gold +0.36%.
No data for Iron Ore as China is on holidays.
After 50 minutes of trading this morning, XJO is down about -0.5%.
Meta (aka Facebook) reported after the market closed with disappointing results. It fell more than 20%. Futures in America fell, which explains the fall in the first hour of trading in Australia.
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