econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

Market Commentary: Midday Averages Slide Sideways On Falling Volume

admin by admin
10월 25, 2013
in 미분류
0
0
SHARES
0
VIEWS

Written by Gary

Midday Market Commentary For 10-25-2013

The averages have basically moved up in a straight line for the past three sessions if that means anything. Investors are getting wary of this continuing bull market in light of financial news that is not getting any better, plus reports coming out of the Euro Zone of deteriorating conditions there.

By noon the averages have sea-sawed their way sideways on falling volume remaining near flat. The $RUT eased into the red around 11:30 am and is continue to melt down as other markets are beginning to look weak.

At noon the averages have once again today melted down to the morning lows testing the support. Mr. Market is not giving out any hints to what he has planned for the afternoon.

Short term indicators are still in the 50-50 zone with some emphasis on the sell side. The longer term indicators are also leaning toward the sell side too.

The DOW at 12:00 is at 15526 up 17 or 0.11%.

The SP500 is at 1754 up 2 or 0.09%.

SPY is at 175.33 up 0.18 or 0.10%.

The $RUT is at 1115 down 4 or -0.34%.

NASDAQ is at 3933 up 4 or 0.10%.

NASDAQ 100 is at 3375 up 12 or 0.37%.

The longer trend is up, the past months trend is bullish, the past 5 sessions have been positive and the current bias is mixed with a negative slant.

How Oil Really Gets Priced

WTI oil is trading between 96.95 and 97.86 today. The session bias is positive and is currently trading up at 97.61.

Brent Crude is trading between 106.42 and 107.39 today. The session bias is mixed with a negative slant and is currently trading down at 106.98.

Gold rose from 1336.58 earlier to 1348.32 and is currently trading down at 1345.60.

Here’s why copper has lost its indicator role

Dr. Copper is at 3.266 rising from 3.234 earlier.

The US dollar is trading between 79.06 and 79.38 and is currently trading up at 79.31, the bias is currently negative.

To contact me with questions, comments or constructive criticism is always encouraged and appreciated:

[email protected]

 

Written by Gary

 

Previous Post

18 October 2013: ECRI’s WLI Growth Lowest Since August 2012

Next Post

What We Read Today 25 October 2013

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

What We Read Today 25 October 2013

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect