Weekly Pivots: Dow S&P500 NASDAQ DJTRA R2K FTSE DAX Previous 13,091 1,407 3,067 5,007 812 5,711 6,971 Open 13,092 1,407 3,063 5,007 813 5,711 6,947 High 13,320 1,438 3,140 5,074 844 5,808 7,249 Low 12,977 1,397 3,040 4,939 807 5,635 6,893 Close 13,307 1,438 3,136 5,072 842 5,795 7,215 Change % 1.6% 2.2% 2.3% 1.3%…
Wednesday’s Recap – Fed To Rescue? Wednesday was the FOMC meeting minutes release day and that kept the markets on tenterhooks for most of the day. The overnight action from Tuesday’s close was stifled by some disappointing news from Japan and Australia along with the apprehension about the FOMC meeting minutes. US futures were under…
Copper is referred to as Dr. Copper because of its unique ability to predict economic trends – and also because it is the only commodity that has a Ph.D. in economics. “Because of copper’s widespread applications in most sectors of the economy – from homes and factories, to electronics and power generation and transmission – demand…
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