Adam and Jeremy are back with another episode of MarketClub TV tomorrow at 4pm EST.
We are looking for questions about the markets, specific stocks or anything else that you would like them to talk about.
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Based on the way the market is closing today, I would say that you're not going to see QE3 or any major announcements coming from Europe tomorrow. Just my take.
What do you think?
Loading ...Every Success,
Adam
Continuing to recover from last Friday's sell-off, treasuries saw modest strength during trading on Tuesday but ended the session well off their best levels of the day.
After moving to the upside in early trading, bond prices gave back some ground over the course of the afternoon but managed to end the day modestly higher. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by 1.2 basis points to 1.492 percent. Continue reading "Treasuries Close Modestly Higher But Well Off Best Levels"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 31st of July.
Will they or won't they? That is the question on every trader's mind these days. Will the ECB ride in and save the Euro? Will Ben Bernanke and the FED come in with another round of quantitative easing? We are not sure, and we don't think anyone on this side of the pond or in Europe, is sure either.
Will ECB Chairman Mario Draghi really follow through and enact concrete measures to avert the European crisis? Regardless of any actions the ECB takes, Italy, Greece, and Spain all owe a boat load of money. How are they ever going to pay it back?
While these uncertain times are full of questions, one thing is for sure, the markets will eventually tell us which way the decision is going. Continue reading "Daily Video Update: ECB, the FED, and the Fiscal Cliff OMG"
(RTTNews) - With traders looking ahead to monetary policy decisions from both sides of the Atlantic, stocks may show a lack of direction in early trading on Tuesday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 24 points.
Extending the trend seen in the previous session, many traders are likely to stay on the sidelines as the Federal Reserve begins a two-day monetary policy meeting. Continue reading "Stocks May Show A Lack Of Direction As Fed Meeting Begins"
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