Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 17 August 13:18 (GMT -05:00)
Home About Us Vacancies Advertise Contact Us


Masterforex-V Books

Most popular
What Salaries Are Paid to Doctors in Russia, Ukraine... and Elsewhere in the World?
ActivTrades Awards Hundreds of Traders - from iPads to 3D TVs.
Will European Parliament Help IronFX Victims?
Does China Oust Russia From Central Asia?
Renewed Samsung Galaxy S7 Will Get 3 Various CPUs
Another Bitcoin Fraud Is Caught
Chinese Economy Is Way Stronger Than Trump Thinks
Alpari Increases Trading Turnover Up To $600,9 Billion In 6 Months
In June 2017, Masterforex-V Investors Made Money Again
China Invests Heavily In Africa

Stock and commodities markets

S&P500: panic is over – market is positive

Mon, 26 Dec 2011 05:13:00 +0000


Exchange news, S&P500. Market overview and current week (Monday, December 26) forecast from the Department of Masterforex-V Trading System .

Last week was positive and showed the growth of S&P500 index, having met the market statistics of market growth on the eve of Christmas. At present technical bottom line is at the point of 1250.00, the top line is at the point of 200-day average:

It can be observed from cluster charts that at the beginning of the week sellers’ pressure was broken by consumer purchase, which resulted in further rising trend at the market:

Weekly market profile shows that buying zone is over 1235.75, and selling zone is below 1210.50; in between these zones lies the field of action of the channel:

All sectors of the market have had a rather even rise; industrial sector is at the top of the list because of a 3-month leadership in terms of statistical data. This signals about the generally positive market atmosphere:

The index of investors’ uncertainty (or index of “fear”) VIX currently is absolutely positive, which can be clearly seen from the positive spirit of investors:

In spite of this, stock market liquidity always falls drastically during the period of Christmas and New Year holidays. This can result in the general rise of market volatility.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 
Hot news
Dukascopy Bank on Bitcoin Future after Bitcoin Split
Masterforex-V VIP Traders’ Performance. July 2017
UK Ready to Pay 40 Billion Euro for Brexit
Masterforex-V Expo Names World’s Best Brokers for Beginners in July 2017

Dow Jones Industrial Average Set New All-Time Record, Above 22K Points

The Dow Jones Industrial Average (DJIA) is reported to have set a new all-time record. For the first time in its history, the index has exceeded the 22K threshold.

 

 
For those of you who don’t know, the Dow Jones Industrial Average is one of the oldest and most significant indexes indicating the health of the American stock market. It was created by Charles Dow and Edward Jones. In 1889, Mr. Dow founded The Wall Street Journal, one of America’s first business editions. In 1896, The WSJ published the DJIA for the first time when analyzing the current state of the U.S. stock market for the first time. Back then, the DJIA was at 40,94 points, NordFX experts report.
Publication date: 04 August 06:09 AM
Read more »

OPEC Increases Oil Production To Highest Volume Since Early 2017

The OPEC’s average daily level of oil production saw another high in June 2017. To be more specific, they produced 260K barrels a day more than in May 2017. The biggest gainers in term of oil production were Libya and Nigeria. Those are the OPEC members that didn’t sign the so-called Vienna Accord, which is why they are not obliged to freeze their oil production.

Publication date: 05 July 12:31 AM
Read more »

Why Are OPEC and Russia Unable to Trigger Oil Price Rally?

Not so long ago, oil prices reached the 10-month low. Since early 2017, oil prices have already dropped by 20%. The low efficiency of the joint efforts to cap oil production in order to support oil prices is now rated differently by the international expert community.
 
Publication date: 01 July 12:57 PM
Read more »

Crude Oil Plunges Below $45/b

Oil prices keep on going down. Yesterday, for the first time since November 2016, the price of Brent oil dropped below $45/b. to be more specific, later on the trading day, a barrel of Brent oil cost $44,63 in London (ICE Futures). This means that the price dropped by 3% over the trading day. A day before, the trading session ended up with $46,02/b, NordFX reports. This is the lowest price since November 15, 2016.

 

 
Publication date: 21 June 11:36 PM
Read more »

Trading Week Starts with Oil Price Drop

On Monday, June 19, crude oil is getting cheaper worldwide. Experts say that the price drop has to do with the recent report on the amount of oil rigs in the United States. In particular, the report says that the amount of such rigs has grown over the last week.
 

 

Baker Hughes reported on June 16 that 6 new rigs had been activated over the reporting period, thereby setting a new major high – 767 units, which is the biggest amount of functioning oil rigs since April 2015. By the way, the amount of oil rigs has been continuously growing over the last 22 weeks, which is also the new 30-year record.
Publication date: 19 June 02:27 AM
Read more »

Brent Drops Below $48/b Amid Qatar’s Paradox

The Qatar crisis failed to push oil prices higher as expected by those who had previously extended the so-called Vienna Accord. Yesterday, on June 7, the global market of crude oil got feverish. The reasons for that was all about the tensions around Qatar, which is an oil exporter from the Persian Gulf.
 
Publication date: 08 June 01:17 AM
Read more »

Russia Wants Expensive Oil. Is It Really That Beneficial for the Russian Economy?

As you probably know, both Russia and Saudi Arabia are interested in lower oil supply in the global market since the deficit is expected to push oil prices higher, thereby resulting in bigger profits from their oil exports further down the road. That is why they seem to be doing their best to contribute to this ambitious goal.

Publication date: 06 June 11:06 AM
Read more »

Russian Oil Production to Hit New All-Time High This Year, ACRA Experts Say

According to the experts working for Analytical Credit Rating Agency (ACRA) from Russia, the long-awaited extension of the so-called Vienna Accord signed by OPEC and some of their non-OPEC peers led by Russia may eventually result in higher oil prices along with eliminating the long-lasting oversupply in the global market of crude oil. This is what the experts stated in the recent report on the prospects of the Russian oil industry until 2021.
 
Publication date: 05 June 01:07 PM
Read more »

Oil Prices Don’t Care About OPEC’s Decisions

As you probably know, last Thursday, OPEC and their non-OPEC fellow decided to extend the so-called Vienna Accord during the recent summit in the capital of Austria. The mentioned agreement implies cutting oil production in order to back higher oil prices in the near future. The agreement was extended for 9 months – until the end of March 2018.

 

 
Publication date: 01 June 04:09 AM
Read more »

Russian Economy Will Face Challenges After 2018

It’s getting more and more obvious that crude oil is not going to grow as expected, which is why the hopes laid by the Kremlin on higher oil prices and higher income from oil exports are probably not going to become a reality. Most likely, this is not going to happen over the next couple of years as well. Despite extending the Vienna Accord during the recent OPEC summit, the participants of the summit still cannot see the expected results as oil prices still haven’t shown any considerable rally, thereby indicating no significant progress.

Publication date: 28 May 11:46 PM
Read more »