dat trading 03/05 pre market

  1. 7,816 Posts.
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    many thanks to @Speckledjim for his great efforts

    if i could only fill half his shoes then he must wear a size 20

    Dow jones plus 36
    FTSE plus 46
    Dax plus 69

    gold plus $3.57 USD 1256
    oil minus 0.84 USD 48

    http://www.marketwatch.com/story/us...head-of-apple-earnings-fed-meeting-2017-05-02

    U.S. stocks eked out gains Tuesday, with the Nasdaq finishing at a record for a second session on the back of robust earnings. Investors, however, were skittish as the Federal Reserve’s two-day policy meeting got underway.
    The Dow Jones Industrial Average DJIA, +0.17% rose 36.43 points, or 0.2%, to close at 20,949.89. The S&P 500 index SPX, +0.12% edged up 2.84 points, or 0.1%, to end at 2,391.17.
    The Nasdaq Composite Index COMP, +0.06% gained 3.76 points to finish at a record 6,095.37.
    The Nasdaq was supported by Apple Inc. AAPL, +0.63% the largest U.S. company by market cap, which rose 0.6% and hit a record of its own. The iPhone maker is releasing its quarterly earnings after the closing bell. See:Apple earnings live blog.
    Read: The annual Apple cash bonanza is here — will $300 billion be enough?
    “The earnings recession is over,” said Phil Orlando, chief equity market strategist at Federated investors. “Earnings season has been terrific, the best in four or five years, and if we can get anything out of D.C. in getting tax reforms in place, the market will go vertical.”
    The mood in the market was nonetheless cautious as the Fed convened its Federal Open Market Committee. While the central bankers are expected to keep rates on hold at this meeting, analysts are looking for any comments on the recent slowdown in U.S. economic activity. The U.S. gross domestic product for the first quarter grew 0.7%, the slowest pace in three years, data out on Friday showed.
    The central bank will release its policy statement at the conclusion of its meeting at 2 p.m. Eastern time Wednesday

    what we can expect today

    futures point to a flattish open

    ASX minus 4

    somehow i think this is not the time to "sell in may and run away" because this time in politics, orange is the new black"

    GLTA
 
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