Thursday, December 9, 2021

09 December 2021 Foreign

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


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E-Mini S&P 500

U.S. stocks were slightly higher Wednesday as investors continued to bet the impact of the omicron variant of Covid-19 would not be as threatening as many previously thought.

The S&P 500 inched 0.3% higher to 4,701.21 and sat 0.9% from its record.

Norwegian Cruise Line jumped 8.2% and was the biggest gainer in the S&P 500, followed by Carnival and Royal Caribbean, which were each more than 5% higher.

The amount of workers who left their jobs due to dissatisfaction or better opportunities elsewhere fell in October by 4.7%, the Labor Department said in its Job Openings and Labor Turnover Survey, also known as JOLTS, on Wednesday. The level of job openings accelerated 4.1% to just below its all-time high.


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Plan A : Long only if market retraced but supported firm above 4695. Targets are 4708, 4716 and 4724.

 

Plan B : Short only if market failed to support above 4695. Targets are 4682, 4674 and 4663.


E-Mini Nasdaq

U.S. stock index futures were little changed early Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought.

Equities got a boost after Pfizer and BioNTech said Wednesday morning that a booster dose of their vaccine provides a high level of protection against the new omicron variant.

The Nasdaq Composite advanced 0.64%, also registering a third day of gains. Apple had the most positive impact on the index, while Nvidia was the biggest drag.


Weekly jobless claims data will be released on Thursday at 8:30 a.m. on Wall Street. Economists are expecting the number of first-time-filers to come in at 211,000, according to estimates from Dow Jones.

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Plan A : Long if market supported firm above 16381. Targets are 16410, 16443 and 16775.

Plan B : Short if market failed to support above 16381. Targets are 16350, 16322 and 16294.






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, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, 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.     






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                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...