1/7/22. Overnight - U.S. equities finish lower.
Dow Jones -0.82%. SP500 -0.88%. Nasdaq -1.33%. Small Caps -0.39%. Banks -1.64%.
SP500.
Last night, SPX fell below support then recovered to remain between support and resistance. That provides some optimism that the next move will be to the upside. Wait.
For the first half of 2022, SPX is down almost -20%.
Commodities.
Commodities Index -3.09%. Energy -3.25%. Base Metals -3.53%. Agriculture -1.55%. Gold -0.61%.
Iron Ore -0.1%. Thermal Coal +1.6%.
Well - if all of the above doesn't say we'll be down today, I don't know what would. But, for some reason I can't see, Overnight Oz Futures are up +0.2%. Maybe it's because bond yields fell overnight (bond prices higher), which may have a positive effect on stocks today. We shall see.
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