Morning Coffee Break – Monday April 1 In today’s Morning Coffee Break we find as traders come to their trading systems after a 3 day weekend and the start of the second quarter have several milestones to build on from record closes on the Dow and S&P 500.
Political uncertainty in Italy could impact global markets, but provide a “fantastic buying opportunity.” Like Jennifer Lawrence’s fall at the Oscars, unexpected but a chance to shine ‘comedically‘, Italy’s elections have shocked investors but provided attractive entry points to strong international firms, insulated from domestic woes (as well as offer up some funny one-liners from candidates).
A clarion is a medieval trumpet that had clear, shrill tones. Trumpets were often uses to get people’s attention when making announcements. We are using “clarion” in the context of making announcements, as well as being thought-provoking when sharing our information and opinions with those who are interested in new investment ideas. Topic: Market Outlook 2013 After a down-turn into mid-November, global stock markets are putting in a
U.S. markets are coming off a meager up week with the Dow Jones and S&P 500 closes the in the green the last 3 session prior to the weekend. The NASDAQ, however, is having difficulties with its largest component Apple (AAPL, quote) continues to struggle.
The Euro continues to be under pressure for the 9th straight session. As headlines hit the wires about Greece and Spain market participants look to move away from the risk appetite assets send money flowing out of the Euro and into the U.S. dollar. Playing the move Euro move
The Euro continues to be under pressure for the 8th straight session. As headlines hit the wires about Greece and Spain market participants look to move away from the risk appetite assets send money flowing out of the Euro and into the U.S. dollar. Playing the move Euro move
All 3 U.S. stock indexes are pointing to a higher open as investors focus on the FOMC meeting and domestic issues facing U.S. economy. The question of the day is “what will the Fed do?”
European investors’ optimism for the Eurozone has reached a 3-year low according to a Sentix survey. The Sentix investor confidence for June came in at -28.9, the lowest score since May 2009, but still better than analysts’ expectations for a -30.0 survey result. Back in March of this year, the survey reached a six month high at -8.2, before the survey results declined for the next four straight months.
Breaking News Out of Italy
JP Morgan losses seriously diminish credibility in banking sector Political saga in Eurozone continues to shake investor confidence China economic data disappoints and weighs further on risk correlated assets Commodity bloc and emerging market FX exposed German; UK inflation mixed The intense risk-off price action that we saw over the past several sessions looked like it might be poised for reprieve into North America on Thursday, before markets got wind
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