Welcome to Tuesday’s Morning Coffee Break – Happy anniversary Mr. Market! Today 5 years ago marks the closing highs for both the Dow Jones and S&P 500 indexes. It also marks the start of the downward move during the subsequent financial crisis.
Welcome to Monday’s Morning Coffee Break – U.S. markets started the 4th quarter on uneven footing last week that somehow managed to pull off a positive week with the Dow Jones sitting at its best level since December 2007.
Welcome to Friday’s Morning Coffee Break – As market participants prepare for the final session of week and as traders prepare to close out the first week of the 4th quarter traders find the markets walking a thin line. As of yesterday’s close U.S. markets appear to be on track for their first positive week in 3 weeks. However, as the aforementioned thin line markets could swing to either side
Welcome to Thursday’s Morning Coffee Break – market participants will need to navigate several market directional influences today. The S&P 500 index has gains for 3 straight sessions with today’s futures suggesting a positive open once again.
Welcome to Wednesday’s Morning Coffee Break – U.S. markets start the third session of the week after two straight days of uneven trading. One positive take away from yesterday’s session was the break in the final hour sell off that has persists the last few weeks.
Welcome to Tuesday’s Morning Coffee Break – U.S markets started off the 4th quarter with strong trading intraday gains, although the Dow Jones and S&P 500 indexes did close solidly in the green the markets did exhibit the most recent trend off lately of selling off into the close. U.S. indexes closed well off their intraday highs with the NASDAQ falling into negative. The averages ended the day well off
Welcome to Friday’s Morning Coffee Break – U.S. futures are moving lower on the last day of the week and quarter on fears from the Euro Zone fears and U.S. economic data. After mix data from the U.S. economic calendar traders are looking towards Consumer Income, Spending and Sentiment reports.
Welcome to Thursday’s Morning Coffee Break – U.S. markets struggled the first 3 sessions of the week as its on pace for the largest weekly move in 4 months. However, in today’s pre-market U.S. futures are pointing to bounce higher at the open as traders approached not only end of the week but the end of the 3rd quarter.
Welcome to Tuesday’s Morning Coffee Break – U.S. futures are holding their own going into the Wednesday’s session amidst Asian and European markets solidly in the red. Both the Asian and European regions are selling off on concerns from yesterday’s U.S. session and comments from non-voting FMOC member, Charles Plosser comments that QE3 will not provide the stimulus that the Federal Reserve is looking to obtain. Market participants will get
Welcome to today’s Morning Coffee Break – hold on tight as today is “quadruple witching”. For those unsure of what quarterly “quadruple witching” is, it’s a period of time simultaneous expiration of various options and futures contracts that happens once each quarter. Doing a little digging we found that the last 8 times this has occurred in September, the Dow Jones has traded higher. The Dow Jones also has been
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