S&P 500 Technical Outlook: The Bull Flag is Setting the Stage

  S&P 500 Technical Strategy: Flat, bull-flag opens door for long-continuation setups Should downward trend continue through support, this bias can turn bearish very quickly. As markets continue to price-in a December rate hike from the Fed, watch for weaknesses in risk-trends, such as the SPX500. Alternatively, the up-side here is the most attractive given … More S&P 500 Technical Outlook: The Bull Flag is Setting the Stage

Japanese Yen Gains, Nikkei Falls as BOJ Leaves Policy Unchanged

    The Japanese Yen rose against the US Dollar while the Nikkei 225 benchmark stock index declined after the Bank of Japan maintained the target annual increase in the monetary base unchanged at ¥80 trillion, as expected. The central bank said it will continue QQE until stable 2 percent inflation is maintained. Interestingly, the … More Japanese Yen Gains, Nikkei Falls as BOJ Leaves Policy Unchanged

European stocks jump as Fed signals readiness for a rate hike

      European stocks pushed higher Thursday, after the U.S. Federal Reserve indicated the world’s largest economy looks healthy enough to withstand a modest rise in borrowing rates. Tracking a global rise in equities, the Stoxx Europe 600 SXXP, +0.99%  climbed 1.1% to 383.60, with all sectors moving higher. Stocks were coming back from … More European stocks jump as Fed signals readiness for a rate hike