Monday, April 6, 2020

07 April 2020 Foreign

FUTURESCOIN IS GOING GLOBAL


WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq

If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.


Click here to contact us : https://goo.gl/B6Dccf 


E-Mini Dow

U.S. stock index futures jumped nearly 4% on Monday after President Donald Trump expressed hope that the coronavirus health crisis was “leveling-off” in some of the hardest-hit U.S. states.

New York, the country’s biggest hot spot, reported on Sunday that for the first time in a week virus-related deaths in the state had fallen slightly from the day before. 

The number of deaths in France and Italy also slowed, and Wall Street’s fear gauge fell to its lowest in two weeks.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.

Plan A : Short if market does not breach above 22975. Targets are 22940, 22905 and 22860.
Plan B : Cut above 23010.
Plan C : Long if market trades firmly above 22375. Targets are 22415 and 22470.
Plan D : Cut below 22340.


E-Mini S&P 500

The Dow surged 1,627.26 points, or 7.73%, to close at 22,679.99. The S&P 500 gained 7.03% to end the day at 2,663.68. The Nasdaq Composite jumped 7.33% to 7,913.24. Stocks rallied on hopes that the growth rate of new coronavirus cases may be ebbing.

In the U.S., there were about 30,000 new cases of coronavirus on Thursday, 32,100 cases on Friday, 33,260 cases on Saturday, and then a slowing to just 28,200 new cases Sunday, according to the latest data from Johns Hopkins. The Trump administration also noted on Sunday there are signs of stabilization in hospital rates, helping to lift Wall Street sentiment on Monday. New York State reported 594 new coronavirus deaths on Sunday, fewer than the 630 on Saturday, marking the first daily decline in coronavirus-related deaths. Bottom line, investors cheered the improvements shown in the latest coronavirus data. However, investors should remain cautious as this could just be a blip down before another increase.

American Express was among the best-performing stocks in the Dow, surging nearly 14%. Raytheon and Boeing gained 15.28% and 19.47%, respectively, to contribute to the average’s gains as well.

Job openings data are scheduled for release Tuesday at 10 a.m.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.


Plan A : Long if market retrace but supported firm above 2655.25. Targets are 2681.25, 2702.50 and 2721.75.
Plan B : Short if market failed to support above 2655.25. Targets are 2629.50, 2608.50 and 2585.25.
Plan C : Long if market doesn't retrace much but supported firm above 2705.25. Targets are 2726.25, 2748.25 and 2766.50.
Plan D : Short if market failed to support above 2705.25. Targets are 2688.25, 2672.25 and 2655.75.


E-Mini Nasdaq


Stock futures pointed to a Tuesday opening jump in early morning trade, building on a steep rebound in the previous session.


Futures for the Dow Jones Industrial Average jumped 478 points, pointing to a gain of about 408.01 points at Tuesday’s open. S&P 500 futures and Nasdaq futures also pointed to opening gains for the two indexes on Tuesday.

The moves came after a series of positive coronavirus developments were reported in Asia. South Korea reported Tuesday less than 50 new cases of infection for the second day running. China also posted no new deaths as of April 6 for the first time since January when it started publishing daily updates.

The two Asian countries were among those which saw spikes in infection rates earlier in the outbreak, with the first cases being reported out of China.

Stocks surged on Monday as a slew of coronavirus headlines pointed to a potential stabilization in the U.S. The Dow soared 1,600 points, posting its third biggest point gain ever. The S&P 500 jumped 7% to its highest level since March 13. With Monday’s rally, the S&P 500 bounced about 20% from its 52-week low on March 23.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.


Plan A : Long if market doesn't retrace much and supported firm above 8210.25. Targets are 8251.25, 8283.25 and 8305.25.
Plan B : Short if market failed to support above 8210.25. Targets are 8182.25, 8155.25 and 8135.75.
Plan C : Long if market retrace but supported firm above 8159.25. Targets are 8195.25, 8226.25 and 8253.25.
Plan D : Short if market failed to support above 8159.25. Targets are 8124.50, 8098.25 and 8065.75.



HSI

Shares in Hong Kong rose to their highest level in more than three weeks on Monday, as countries globally reported fewer new coronavirus deaths, and after the Chinese central bank released $56 billion to cushion the economic fallout from the pandemic.

The Hang Seng index closed 2.2% higher at 23,749.12, having hit its highest level since March 13 during the session.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.

Plan A : Short if market does not breach above 24695. Targets are 24610 and 24485. Cut above 24780.

Plan B : Long if market rebounds from 24570. Targets are 24655 and 24750. Cut below 24485.



WTI Crude

Oil prices fell on Monday amid ongoing uncertainty around the prospect of production cuts. The move lower came even as the CEO of Russian sovereign wealth fund RDIF told CNBC that Moscow and Riyadh were "very close" to an oil deal, and as Russia reportedly said it was ready to reduce output, according to Reuters.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.


Plan A : Remain buy as long as oil price trades firmly above 26.5
Plan B  : Exit below 25.8
Plan C : Consider selling if oil price fails to hold firm above 26.9
Plan D : Cut above 27.2


Gold

Gold prices surged over 3% to a more than three-week high on Monday on expectations of global stimulus measures to counter the economic damage caused by the outbreak of the novel coronavirus.


To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.


Plan A : Remain buy if gold price trades firmly above 1661.3
Plan B : Exit below 1655.9
Plan C : Consider selling if gold price surges but fails to breach above 1677.9
Plan D : Cut above 1680.4


Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.

No comments:

Post a Comment

29 April 2024 Foreign

                WTI Crude, Gold, HSI, Dow,  S&P 500 and Nasdaq If you like what we are doing, kindly like and share our page on FB. Foll...