The equity markets initially opened higher in reaction to the better than expected job growth reported on Friday. However, the NYSE volume ratio and the NASDAQ volume ratio are showing signs that traders are taking profits into the early strength.
The CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are downward momentum […]
The equity and fixed income markets are trading sideways, marking time ahead of Friday’s release of March employment data. Both the NYSE and the NASDAQ volume ratios are indicating light buying.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are indicating slight upward momentum readings for […]
The equity markets are trading sideways following a lower than expected ISM services reading for March. The NYSE volume ratio is neutral while the NASDAQ volume ratio is indicating light buying.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are indicating flat momentum readings. The […]
Buyers are back into equities as oil prices drop and news that the National Association of Realtors reported that pending home sales rose 0.7% in February. The exchange generated volume ratios are indicating solid buying at the start.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products […]
Today, the equity markets are off due to the March ISM reading falling to 50.9 when traders were looking for the index to come in at 51.0. However, the exchange generated volume ratios are flashing neutral readings.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are […]
The Chicago PMI reading for March was 61.7 and the expectation was a reading of 47.9. This better than expected reading for manufacturing has boosted equities. Another positive sign today is buying in technology.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are indicating mixed momentum […]
Buyers initially bid for equities based on the better than expected 4th quarter GDP report and reversing a three-day losing street. However, tech was lagging and the S&P 500 uncovered sellers as the index value neared yesterday’s high.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products […]
Higher oil prices and comments by Federal Reserve Board Chairman Bernanke, who is testifying before the Joint Economic Committee, have brought out the sellers. The exchange-generated volume ratios indicate sellers are in control.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are indicating weak momentum. The […]
This morning traders turned sellers on news that February new home sales fell 3.9 percent. The NYSE volume ratio is running at 20 percent up-volume, which indicates heavy selling.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are indicating weak momentum. The RSI readings for the […]
This morning traders initially turned bullish in reaction to the news that February existing home sales rose a higher than expected 3.9-percent. However, when the S&P 500 edged above yesterday’s high, sellers came in and took some profits.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity derivative products are […]