Posted on in Video 49

www.StockMarketFunding.com NYSE Stock Futures Gap Up & Gap Down List SMF Indexes We'll be watching today "S&P 500" "nasdaq 100" "dow jones transportation index" "nasdaq composite" S&P futures vs fair value: +3.90. Nasdaq futures vs fair value: +5.70. Europe's major bourses have steadied since the prior session. That has helped the EuroStoxx 50 trade 0.3% for the better. Germany's DAX has actually rebounded to a 0.8% gain. Germany's final reading on first quarter GDP showed that overall output increased by 1.5%, which is unchanged from the preliminary reading. The country's IFO Business Climate Survey for May registered at 114.2, unchanged from the prior month. Infineon Tech has been a primary leader in German trade. France's CAC is currently up 0.4%. The country reported that its Business Confidence Indicator for May came in at 107, which is down slightly from 109 in April. As for Britain's FTSE, it is up 0.6%, although some of its banking plays, like Lloyds Group (LYG) and Barclays (BCS), have been imbued by reports that analysts at Moody's are reviewing more than a dozen banks in the United Kingdom for possible downgrade. Overnight trade in Asia saw markets muster modest gains. For instance, Japan's Nikkei eked out a 0.2% gain. Shinsei Bank and Furukawa were primary leaders. Even Sony (SNE) staged a strong gain, despite its recent cut to guidance. Resona Holdings and KDDI weighed on trade. Hong Kong's Hang Seng stretched to a 0.1% gain. That was helped by strength in ...

  1. Catandthespoon
    We are going DOW sub 12,000. No rally so far today after yesterday's sell off. Euro debt problem not going away. US industrial output falling. Commods have more correcting to do, despite what GS say. Time to buy again will be after June, when Greece def
    May 24, 2011
  2. StockMarketFunding
    @ChartingPlatform some oversold stocks will get some nice bounces off the lows, we'll be updating you after the open
    May 24, 2011
  3. ChartingPlatform
    We'll see if they can muster a little rally today
    May 24, 2011