Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Calm markets
U.S. stock futures are edging up and European markets are mixed in early trading. Many investors are noting that the markets have been surprisingly calm in the last few weeks.
In fact, this spring has been one of the most tranquil periods for American stocks since the 1960s.
In Asia, most key stock markets declined, but Chinese indexes edged up.
2. Stocks to watch -- Google, Humana
Shares in Google (GOOGL, Tech30) could see higher trading volume Wednesday as the company holds its annual meeting for shareholders. Some are demanding that the company fully disclose all of its spending on lobbying. There will be a vote on the issue during the day.
Shares in insurance giant Humana (HUM) are moving up as investors expect it will increase its premiums on some Texas health plans by as much as 30%. Other insurers are proposing similar plans.
3. Economic announcements
On the economic side, the U.S. Census Bureau is releasing trade balance data at 8:30 a.m. ET.
Data on crude oil inventories will come out at 10:30 a.m. Ahead of the release, crude prices are declining by about 1% to trade aroud $60.60 per barrel.
At 2 p.m., the U.S. Federal Reserve is releasing its Beige Book. The publication offers anecdotal information on the state of the economy.
4. Greece
The crisis over Greece's enormous debts is coming to a head. Its international creditors are expected to present an agreed list of reforms to Greek officials later Wednesday, according to reports.
The European Central Bank announces its latest policy decision but is unlikely to make any change. More attention will be focused on what ECB President Mario Draghi has to say about the situation in Greece.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the services industry.
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.
When? June 2nd at 9:45pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the CNY to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the change in the inflation-adjusted value of all goods and services produced by the economy.
It's the broadest measure of economic activity and the primary gauge of the economy's health.
When? June 2nd at 9:30pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the AUD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the change in the average price of dairy products sold at auction.
It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income.
When? June 2nd at 10:00am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? FOMC Member Brainard is due to speak about the US economic outlook and monetary policy at the Center for Strategic and International Studies, in Washington DC. Audience questions expected.
Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
When? June 2nd at 10:00am Eastern Time.
Trading Tip: If the announcement will hint towards higher interest rates, you can expect the JPY to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Stock market overview
U.S. stock futures are moving higher and most European markets are firmer in early trading.
Asian markets ended with mixed results, but the Shanghai Composite stood out after shooting up by nearly 5% Monday. Investors appear to be betting even more heavily that China will take measures to stimulate its economy after another batch of weak data.
On Friday, the main U.S. stock markets closed the month of May with a loss. The Dow Jones industrial average declined by 116 points, the S&P 500 fell 0.6% and the Nasdaq closed 0.6% lower.
2. Market movers -- Altera, AstraZeneca, Roche
Shares in Altera (ALTR) are rallying by about 8% premarket as reports say Intel (INTC, Tech30) will soon announce a takeover deal for the company worth roughly $17 billion. Intel will reportedly pay $54 per share.
Shares in AstraZeneca (AZN) and Roche (RHHBF) are rising by about 2% in Europe after each company reported encouraging results from tests of new cancer treatments. Reports from the American Society of Clinical Oncology annual conference in Chicago suggest the clinical trials could reflect a major breakthrough in using the body's immune system to treat cancer.
3. Greece's problems rumble on
Investors are keeping an eye on Greece this week as the country approaches another debt deadline on Friday. Many doubt whether the country will have enough money to repay its debts this month.
"Early June payments are likely to be made but the chances that enough cash can be found under mattresses or behind cupboards to get through the whole month are remote," said Kit Juckes, a market strategist at Societe Generale.
Meanwhile, traders are expressing concern about the Greek prime minister's opinion article in French newspaper Le Monde, where he accused "certain institutional actors" of "submitting absurd proposals" that are hurting Greece.
The euro was slightly weaker against the dollar.
4. Economics
New data out of Europe showed the manufacturing sector continues to improve, as previously forecast.
In the U.S., the government will publish personal income and spending numbers at 8:30 a.m. ET.
New U.S. monthly manufacturing data will be released at 10 a.m.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the change in the total value of employment income collected by workers.
Income is correlated with spending - the more disposable income consumers have, the more likely they are to increase spending.
When? June 1st at 9:30pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the JPY to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.
When? June 1st at 10:00am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
{sl_advpoll id='1' width='250' center='1' title='POLL'}
1. Don't sell in May
Anyone following the market mantra "Sell in May and go away" would have missed out on some decent gains this month.
The Dow Jones industrial average and S&P 500 are both up by about 1.6%, and the Nasdaq has surged by 3.2%.
But it doesn't look like the indexes will hold onto all those gains on the final trading day of the month.
U.S. stock futures are edging down ahead of the open.
2. International markets overview
European markets are all declining in early trading, with renewed nervousness about the fate of Greece setting the tone. A German newspaper quoted the head of the International Monetary Fund as saying that it was possible Greece would have to leave the eurozone.
In Germany, the benchmark Dax index is declining by about 1%.
Asian markets ended with mixed results. The mood in China has calmed down after a large pullback Thursday, following stellar gains so far this year.
Hyde Chen, an equity analyst at UBS Wealth Management, said profit taking, as well as investors holding back ahead of a rush of IPOs next week, had contributed to the volatility.
3. GDP galore
The U.S. Bureau of Economic Analysis will release a new estimate for first quarter GDP at 8:30 a.m. ET. The original estimate showed the U.S. economy grew by just 0.2% in the first three months of the year, which was well below expectations. Many now predict the economy may have actually shrunk in the first quarter.
Friday also saw disappointing GDP readings from Switzerland and Sweden. The Swiss economy contracted by 0.2% in the first quarter after a sharp appreciation in the currency slammed exports.
Many economists are also expecting a negative reading for Brazil's GDP, which is set for release Friday.
4. Earnings and economics
Big Lots (BIG) is reporting ahead of the open.
The University of Michigan will update its monthly consumer sentiment index at 10 a.m. ET.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
We want to tell you that today 29.05.2015 is the last day that you can invest the minimum 100 and receive the signals from us
Starting from tomorrow the minimum will be 200.
So if you were planning to activate the signals service from us, do it right now.
ACTIVATE MY SIGNALS SERVICE WITH 100
What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the Chicago area.
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.
When? May 29th at 9:45am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
Prelim GDP (USD) – 29/05
What is it? It checks the annualized change in the value of all goods and services produced by the economy.
It's the broadest measure of economic activity and the primary gauge of the economy's health.
When? May 29th at 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the change in the inflation-adjusted value of all goods and services produced by the economy.
It's the broadest measure of economic activity and the primary gauge of the economy's health.
When? May 29th at 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Red across the board
U.S. stock futures are pointing lower, European markets are mostly in the red, and Chinese stocks have suffered a major drop.
Both the Shanghai Composite and Shenzhen indexes fell by over 5% Thursday, though this comes on the heels of a stunning rise. The Shenzhen has surged by as much as 100% since the start of 2015, easily making it the world's top performing stock market.
The generally negative mood in the market follows a positive Wednesday where the Dow Jones industrial average gained 121 points, the S&P 500 rose 0.9% and the Nasdaq closed with a 1.5% gain.
Benchmark U.S. indexes are trading near all-time record highs.
2. Earnings
Retailers Abercrombie & Fitch (ANF) and Express (EXPR) are reporting ahead of the open.
Gamestop (GME) will report after the close.
3. Economics
The U.S. government is posting weekly jobless claims at 8:30 a.m. ET.
Government data on pending home sales from April will be released at 10 a.m.
Later in the morning, Wall Street will get the latest information on natural gas and crude oil inventories.
4. Google Conference
Google (GOOG) is kicking off its annual two-day developer conference, where it will showcase its latest techy innovations. It's expected to unveil a spruced up Android operating system.
Watch Google shares as investors react to the latest announcements.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers.
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
When? May 28th at 9:00pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.
It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.
When? May 28th at 10:00am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
What is it? It checks the number of individuals who filed for unemployment insurance for the first time during the past week.
Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.
When? May 28th at 8:30am Eastern Time.
Trading Tip: If the actual number is lower than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: