Tuesday, August 4, 2020

5 August 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


Wall Street ended higher after a choppy session on Tuesday, lifted by Apple and energy stocks but limited by declines in AIG and Microsoft while investors awaited more U.S. government stimulus to fight economic fallout from the COVID-19 pandemic.


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



Plan A : Attempt short if market does not breach above 26858. Targets are 26688 and 26538.
Plan B : Cut above 26925.
Plan C : Attempt long if market holds firm above 26603. Targets are 26760 and 26858.
Plan D : Cut below 26538.



E-Mini S&P 500

The Dow climbed 164.07 points, or 0.62%, to close at 26,828.47. The S&P 500 gained 0.36% to end the day at 3,306.51. The Nasdaq Composite rose 0.35% to 10,941.17. Stocks traded in a narrow range for most of the session as lawmakers continue negotiations on a coronavirus stimulus package.

Energy, real estate and staples were the best-performing sectors in the S&P 500, rising more than 1.3% each. Those gains were partially offset by declines health care and financials, the only two S&P sectors that posted declines during the session.

House Speaker Nancy Pelosi told Fox News on Tuesday she doesn’t think a deal will be reached this week. Pelosi made that comment after she, Senate Minority Leader Chuck Schumer and White House chief of staff Mark Meadows held “productive” discussions on Monday, but added there are several issues still outstanding. Both sides have indicated they agree on another $1,200 stimulus check, but remain deadlocked on additional unemployment assistance.

Apple gained 0.67% and was one of the biggest points contributors in the Dow. Netflix advanced 2.21%, also bucking a largely negative trend for Big Tech on Tuesday.

CVS Health, Moderna and Roku are among the companies set to report Wednesday.


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



Plan A : Short if market failed to support above 3281.50. Targets are 3255.25, 3230.75 and 3207.25.
Plan B : Long if market doesn't retrace much and supported firm above 3281.50. Targets are 3302.25, 3325.50 and 3355.50.



E-Mini Nasdaq


Stocks rose across the board on Tuesday, building on the previous session’s strong gains, as lawmakers tried to make inroads on a new coronavirus stimulus package.

The Nasdaq Composite staged a late-day turnaround to add a similar 0.35%, notching its fifth straight day of gains and a record close. The Composite, up more than 21% in 2020, closed at 10,941.17.

The upswing on Tuesday came after House Speaker Nancy Pelosi said that she, Senate Minority Leader Chuck Schumer and White House chief of staff Mark Meadows held “productive” discussions on Monday, despite a handful of issues still outstanding. 

Big Tech, which has led the major market indexes for much of the past week, traded mixed on Tuesday. Apple, one of the best performers in the Dow on Tuesday, finished the session up 0.6%. Netflix, meanwhile, gained 2.2%. Losses from the so-called FAANG group came from Facebook, which fell 0.85%, and Alphabet, which slipped 0.6%.

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


Plan A : Short if market failed to support above 11026.25. Targets are 10980.25, 10945.25 and 10899.75.
Plan B : Long if market supported firm above 11026.25. Targets are 11050.25, 11082.25 and 11120.75.



HSI

Hong Kong stocks snapped a three-session losing streak and ended higher on Tuesday, led by strong gains in technology firms.

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

Plan A : Attempt short if market does not breach above 25070. Targets are 24920 and 24800. Cut above 25127.

Plan B : Attempt long if market trades firmly above 24890. Targets are 25070 and 25127. Cut below 24800.

WTI Crude

Oil prices rose on Tuesday, on track to close at near five-month highs, on hopes the United States is making progress on a new economic stimulus package and signs America is making progress on curbing the coronavirus spread.

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

Plan A : Attempt buy if oil price trades above 40.9
Plan B : Cut below 40.7
Plan C : Consider selling if oil price rebounds but fails to breach above 41.6
Plan D : Cut above 42.0



Gold

Gold prices soared past the key $2,000 mark for the first time in history on Tuesday, as the ultra-low interest rate environment and hopes for more U.S. stimulus to safeguard the coronavirus-hit economy embellished the safe-haven metal's appeal.

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

Plan A : Remain buy as long as gold price stays firm above 1997
Plan B : Exit below 1992
Plan C : Consider selling if gold price surges but fails to breach above 2028
Plan D : Cut above 2035

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...