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Dow Jones at key juncture

March 23, 2016 9:15 AM
<p>Today is the second last trading day of the week for stocks ahead of the Easter break, and there’s little further data to provide significant direction. The focus will be on the official weekly US oil inventories data later today. Stockpiles have been rising relentlessly despite signs of lower oil output in recent months. Last night, the American...

DJIA: Stock market recovery fades… but was that it?

February 18, 2016 1:40 PM
<p>Equities have surged higher this week, surprising many traders and analysts who were preparing for a stock market crash. Heavily-shorted stocks led the rally as the sellers scrambled to book profit on their positions. The resulting gains saw Wall Street log its first three-day rally of the year. Today, traders are making a more sober assessment o...

DJIA: Stocks rise on Chinese data, oil … but is it a mere oversold bounce?

January 13, 2016 7:30 AM
<p>Global equity markets have rebounded slightly in the first half of this week after a shocking start to the year sent the major indices tumbling. The rebound is in part due to the sellers taking profit on their positions, a technical rebound in crude oil prices from around the psychologically-important $30 handle and the stronger-than-expected Chi...