Markets directionless - Marketintelligencecenter.com

Markets directionless


After the open… Stock prices were rising in pre-market trading, but the rally has already run out of steam, and major indices are now giving back some of those gains. Today's Unemployment Claims number was somewhat higher than expected, but in most ways, economic indicators are mixed. West Texas Crude oil is back above $50, but that seems to be something of a daily coin-toss. However, there is one trend that has become undeniable in recent weeks. The Euro continues to lose value against other major world currencies, having just hit... Read More



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After the open… Stock prices were rising in pre-market trading, but the rally has already run out of steam, and major indices are now giving...

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