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By Anthony Lazzara |
May 22, 2013
The JUN13 E-mini S&P 500 rallied quick and hard this morning to 1685 upon the market digesting Bernanke’s testimony. Now the market is up 12.50 points to 1678.
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By Kris Hicks |
May 22, 2013
June Natural Gas was unable to follow through on Monday evening’s bearish price action to fill the weekly close gap still left in the market from last week as it moved to its highest levels since the bearish ERVB down day on 05/02.
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By Justin Pugsley |
May 22, 2013
A financial crisis is almost certainly in the cards for Japan, and it is just a question of timing. Unfortunately, the government may have fast forwarded that date.
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By John Detrixhe and David Goodman, Bloomberg |
May 22, 2013
The yen fell to the weakest in three years against the euro after Bank of Japan policy makers affirmed a plan to double the monetary base over two years and their statement showed no concern about rising bond yields.
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By Dominick Chirichella |
May 22, 2013
So the battle between a weakening oil demand picture versus the support coming from the very accommodative monetary policies in the developed world economies continues with the winning side flip flopping back and forth.
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By Jack Scoville |
May 22, 2013
Coffee futures were lower again on what appeared to be speculative selling tied to big production ideas from Brazil as the harvest has started.
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By Phil Flynn |
May 22, 2013
Oil continues to look weak despite a rebounding euro and the cloud of Ben Bernanke. Products seemed to have topped because of frantic pre-holiday wholesale cash buying.
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By Agnieszka Troszkiewicz |
May 22, 2013
Copper reached a two-week high in London on concern a deadly mine accident will crimp supply.
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By Al Brooks |
May 22, 2013
The E-mini S&P 500 reversed lower midday yesterday after forming a double-top high, according to Al Brooks' Daily Price Action.
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By Robert McCurtain |
May 22, 2013
The short-term trend for major stock indexes is still positive, but it looks increasingly tired.
