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Markets Today

ontan8 Posted 14 Feb.  in #Trader's blog
US stocks end with new record gains , &P up 0.40%, Nasdaq up 0.32% The US stocks are closing once again at record levels with the S&P up 0.40%, the Nasdaq up 0.32% and the Dow leading the charge, up 0.45%. Financials did well today once again: JPM was up about 0.92% Citicorp was up 0.83% Bank of America was up 2.59% .
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Markets Today

ontan8 Posted 12 Feb.  in #Trader's blog
OIL - Russia will decided in April or May on oil output cut agreement extension , Weekend reports from TASS (Russian news agency) Citing Russian Energy Minister Alexander Novak Saying Russia will make a decision on extending the OPEC / non-OPEC oil output cut agreement in April or May , i think oil will increase in next week heading 58$ per barrel
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Markets Today

ontan8 Posted 11 Feb.  in #Trader's blog
Fed's Fischer: There is significant uncertainty about US fiscal policy , Fed feeling less confidence on fiscal stimulus After the election it was a rush to bet on Congressional spending but the second thoughts continue. About half of the Federal Reserve governors/presidents added to their forecasts based on expectations of fiscal stimulus. That may have been premature
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