| | | | | Stunning Gains - Beginners Guide To Options | | Not only has Chuck Hughes won 8 World Trading Championships (more than any other trader in history), but his trading accounts have consistently seen returns of OVER 300%!
In his new course, Hughes Optioneering Beginners Guide to Stunning Profits, Chuck reveals a simple and easy, step-by-step plan to earn consistent profits safely trading options.
Get the course now for FREE | | |
| | US Market |  | | NYSE | AMEX | Dow Jones | Nasdaq |  |  |  |  | | Please click on the images to view our interactive charts | | | The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment reflecting optimism after Markit released a report showing strengthening activity levels in the private sector of the eurozone. Most commodities are higher, although oil is coming under selling pressure, as traders continue to take profits after a 7-day rally that lasted until last Friday.
Domestically, earnings news has been encouraging, with Toll Brothers and Best Buy reporting positive results. The domestic markets may also turn their attention to a report on U.S. new home sales. That said any further gains from the current overbought levels would require the support of solid catalysts.
U.S. stocks ended a lackluster session on Wednesday on a mixed note, as traders reacted to commodity retreat and M&A news flow.
The major averages opened lower but went back and forth across the unchanged line throughout the session. The Dow Industrials ended down 23.15 points or 0.12 percent at 18,530 and the S&P 500 Index settled 1.23 points or 0.06 percent lower at 2,183, while the Nasdaq Composite added 6.22 points or 0.12 percent before ending at 5,245.
Seventeen of the thirty Dow components retreated, while the remaining thirteen stocks advanced.
Among the sectors, gold and energy stocks fell steeply, while biotechnology stocks gained ground. |
| | My #1 Rule: Don't Buy Options | | The sad truth is that options buyers lose money on 7 of every 10 trades. They place high-risk trades, hoping for a big payout. But they lose – a LOT! That's why I don't buy options. Instead, I flip them on their head and do “this” with them. I make money 85% of the time! For a limited time, I'm guaranteeing you at least $67,548 per year in profitable options trades if you follow this easy step-by-step process. To learn my options secret, click here. |
| | US Economic Reports | | | | CADUSD | Oil | Gold | Allbanc |  |  |  |  | | Please click on the images to view our interactive charts | | | The Commerce Department is scheduled to release its new home sales report for July at 10 am ET. Economists expect new home sales to come in at a seasonally adjusted annual rate of 580,000 units for the month.
New home sales rose to a seasonally adjusted annual rate of 592,000 in June, while economists expected a decline in new home sales to 562,000 from the previous month's upwardly revised reading of 572,000. The median price of a new home rose 6.2 percent month-over-month to $306,700, translating to an annual gain of 6.1 percent.?However, supply was weak, with?inventories measured in terms of months of supply dipping to 4.9 months from 5.1 months in May and 5.5 months in the year-ago period.?
The Richmond Federal Reserve is set to release the results of its regional manufacturing index for August at 10 am ET. Economists expect a reading of 10 for the month.
The Treasury is due to release the results of its auction of 2-year notes at 1 pm ET. |
| | It's Time to Sell - Don't let these 27 Big-Name Stocks Sink Your Portfolio! | | You simply can’t afford to own the wrong stocks in this market. Urgent FREE Report reveals the names of 27 stocks you should sell today. You will be shocked by some of the names that made this blacklist! It’s time to clean house and dump these stocks before it’s too late! You can even put that money back to work with a SPECIAL BONUS - the names of the top 3 stocks to buy today. Get their names plus details on all 27 stocks to sell now free. Click here for instant access |
| | Stocks in Focus | | | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | Best Buy (BBY) reported above-consensus second quarter results and issued in line third quarter adjusted earnings per share.
J.M. Smucker (SJM) reported better than expected first quarter adjusted earnings per share but its revenues missed estimates. The company trimmed its sales guidance, but reaffirmed its adjusted earnings per share outlook.
Toll Brothers (TOL) reported in line third quarter results and its revenues beat estimates. The company tightened its full year revenue guidance, which is now in line with estimates.
Comcast (CMCSA) unit NBC Universal announced the completion of its acquisition of DreamWorks Animation (DWA). The company noted that DreamWorks will form a part of the Universal Filmed Entertainment Group.
Nordson (NDSN) reported better than expected third quarter adjusted earnings per share and revenues.
Standard & Poor's announced that Chemical Financial (CHFC) will replace Supervalu (SVU) with the S&P MidCap 400 Index and Supervalu will replace Talmer Bancorp (TLMR) in the S&P SmallCap 600 Index after the close of trading on August 31st. |
| | The Ultimate Guide to Trading Options | | Get 25 Secrets, Tips & Techniques used by the BEST Options Traders in the game! Get your FREE guide now! Includes 49 pages of incredible value. Get Your Free Copy Here |
| | European Markets | | European stocks started on a firm note and have climbed further, savoring private sector activity data showing accelerating activity despite the Brexit impact looming large.
On the economic front, the Eurozone private sector expanded at the fastest pace in seven months in August, flash estimates released by Markit showed. The composite output index rose unexpectedly to 53.3 in August from 53.2 in July. It was forecast to drop slightly to 53.1.
The service sector PMI climbed to 53.1 from 52.9 a month ago, belying expectations to drop to 52.8.On the other hand, the manufacturing PMI fell to 51.8 from 52 in July, while it was forecast to remain unchanged at 52. |
| | Receive 120 trades and expert market information...at no cost! | | With the nation’s top options newsletter, The Option Advisor, you’ll learn how to trade smarter and maximize your returns by utilizing Bernie Schaeffer’s 35 years of options trading experience. Each month you’ll receive 10 trades targeting triple-digit gains, as well as invaluable market insight and commentary. And if you Click Here now you’ll receive 12 months FREE! |
| | Asian markets | | | | USDCAD | USDEUR | USDGBP | USDJPY |  |  |  |  | | Please click on the images to view our interactive charts | | | The Asian markets ended on a mixed note, with the Japanese, Indonesian and Malaysian markets retreating, while most other major markets advanced. The mixed sentiment came about due to the lackluster performance by Wall Street stocks overnight and the lackluster movement in the commodity space.
The Japanese market was weighed down by a firmer yen, which was trading at the low-100 levels against the dollar. The Nikkei 225 average opened lower and languished below the unchanged line for much of the session, barring a short lived recovery in late trading. The index ended down 100.83 points or 0.61 percent at 16,497.
Export, financial, marine transportation, resource and chemical stocks moved to the downside. On the other hand, utility, telecom, real estate, pharma, food and housing stocks gained ground.
Australia's All Ordinaries hovered above the unchanged line throughout the session, ending up 34.80 points or 0.62 percent at a 3-week high of 5,647. Most sectors advanced, led by financial and healthcare stocks. However, energy stocks came under selling pressure.
China's Shanghai Composite Index ended at 3,090, up 4.90 points or 0.16 percent, and Hong Kong's Hang Seng Index added a mere 1.02 percent to 22,999.
On the economic front, flash estimate released by the Nikkei and Markit showed that the manufacturing sector continued to remain in contraction in August. The manufacturing PMI, however, rose 0.6 points to 49.6. |
| | New Report Reveals Secrets of High Yield Option Selling | | For High Net Worth Investors Only - Discover how you can target long term financial security by selling options to generate income and growth. Target outsized returns, gain real diversification and potentially excel in any kind of market by selling options in this tax friendly alternative investment. Free Report and DVD for qualified investors. Send Me My FREE Report Now |
| | Currency and Commodities Markets | | In the first day of trading as the front month contract, crude oil futures for October delivery are slipping $0.48 to $46.93 a barrel. The September futures expired at $47.05 a barrel on Monday, down $1.47. The commodity thus snapped a 7-session winning run. Meanwhile, an ounce of gold is trading currently at $1,348.20, up $4.80 from the previous session's close of $1,343.40. On Monday, gold fell $2.80.
On the currency front, the U.S. dollar is trading at 100.05 yen compared to the 100.33 yen it fetched at the close of New York trading on Monday. Against the euro, the dollar is valued at $1.1338 compared to yesterday's $1.1320. |
| | | | | | | To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49 | |
No comments:
Post a Comment