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
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Remain sell as long as market stays below 35017. Targets are 34611 and 34465.
Plan B : Consider long if market supports firmly above 34465 and rebound. Targets are 34705 and 34826.
E-Mini S&P 500
U.S. stocks dropped sharply on Friday as a new Covid variant found in South Africa triggered a global shift away from risk assets.
The S&P 500 lost 2.27% to close at 4,594.62.
The downward moves came after World Health Organization officials on Thursday warned of a new Covid-19 variant that's been detected in South Africa. The new variant contains more mutations to the spike protein, the component of the virus that binds to cells, than the highly contagious delta variant. Because of these mutations, scientists fear it could have increased resistance to vaccines, though WHO said further investigation is needed. On Friday, the WHO deemed the new strain a variant of concern and named it omicron.
Bond prices rose and yields tumbled amid a flight to safety. The yield on the benchmark U.S. 10-year Treasury note fell 15 basis points to 1.49% (1 basis point equals 0.01%). This was a sharp reversal, as yields jumped earlier in the week to above 1.68% at one point. Bond yields move inversely to prices.
E-Mini S&P 500
U.S. stocks dropped sharply on Friday as a new Covid variant found in South Africa triggered a global shift away from risk assets.
The S&P 500 lost 2.27% to close at 4,594.62.
The downward moves came after World Health Organization officials on Thursday warned of a new Covid-19 variant that's been detected in South Africa. The new variant contains more mutations to the spike protein, the component of the virus that binds to cells, than the highly contagious delta variant. Because of these mutations, scientists fear it could have increased resistance to vaccines, though WHO said further investigation is needed. On Friday, the WHO deemed the new strain a variant of concern and named it omicron.
Bond prices rose and yields tumbled amid a flight to safety. The yield on the benchmark U.S. 10-year Treasury note fell 15 basis points to 1.49% (1 basis point equals 0.01%). This was a sharp reversal, as yields jumped earlier in the week to above 1.68% at one point. Bond yields move inversely to prices.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Long if market supported firm above 4627. Targets are 4638, 4650 and 4662.
Plan B : Short if market failed to support above 4627. Targets are 4612, 4596 and 4579.
E-Mini Nasdaq
Stock futures moved higher in early morning trading Monday following Friday’s big sell-off, as investors monitor the latest developments related to the Covid omicron variant.
The Nasdaq Composite slipped 2.2%.
The variant was first reported to the WHO from South Africa and has been found in the U.K., Israel, Belgium, the Netherlands, Germany, Italy, Australia and Hong Kong, but not yet in the U.S. Many countries, including the U.S., moved to restrict travel from southern Africa.
On top of Covid developments, investors are also anticipating key economic data released this week.
The November jobs report on Friday is expected to show solid jobs growth. Economists surveyed by Dow Jones expect 581,000 jobs added in November.
The Institute of Supply Management manufacturing survey is released Wednesday and economists also expect strong results.
Stock futures moved higher in early morning trading Monday following Friday’s big sell-off, as investors monitor the latest developments related to the Covid omicron variant.
The Nasdaq Composite slipped 2.2%.
The variant was first reported to the WHO from South Africa and has been found in the U.K., Israel, Belgium, the Netherlands, Germany, Italy, Australia and Hong Kong, but not yet in the U.S. Many countries, including the U.S., moved to restrict travel from southern Africa.
On top of Covid developments, investors are also anticipating key economic data released this week.
The November jobs report on Friday is expected to show solid jobs growth. Economists surveyed by Dow Jones expect 581,000 jobs added in November.
The Institute of Supply Management manufacturing survey is released Wednesday and economists also expect strong results.
No comments:
Post a Comment