Think Financial Markets - Excellence In Trading Financial Markets
Market Sentiment
It is essential that we have a general feeling of which direction our market may trade on any given day.
To achieve this it is necessary to be aware of how global markets have performed on the previous day as well as during the night.
We measure this sentiment by allocating points to certain global indicies to measure their strength or weakness.
We look firstly to The Dow Jones Index. This index is one of the world’s most influential and as such rates very highly in determining the daily sentiment.
We allocate between 2 pts plus or minus if the overnight movement is less than 50pts or 4pts if over 50pts
The next most important indicator is the SPI200 which is the futures contract covering the Australian markets top 200 stocks and trades almost 24hours per day.
We also allocate between 2 and 4 pts as per the Dow.
Then we add both the Nasdaq and the S&P 500 indicies from the U.S they are allocated points as follows
Nasdaq above /below 30 ,plus or minus 2pts or less than 30, 1pt
S&P 500 above /below 15, plus or minus 2pts or less than 15, 1pt
Next we add the FTSE 100 results from England and the NIKKEI 250 from Japan which are allocated 1pt for a plus or minus result.
The maximum points on our table are 14 and variations of this will gauge bullish or bearish sentiment.
Other very important overnight markets to be taken into consideration when trading the Australian market are firstly the strength or weakness in the Aussie dollar versus the US dollar and we rarely have a good day if the commodity markets have been sold down during the night.
Wednesday, December 31, 2008
Market Sentiment
Nasdaq 40=2
S&P 500 21=2
Ftse 73=1
Nikkei 112=1
Futures 46=2
Market Sentiment 12
The Australian share market is set to firm in final trading day for 2008, tracking an end-of-year rally on Wall Street, but remains on course for the worst ever annual drop.
US stocks climbed overnight, after the government expanded its bailout of the auto industry, bolstering hopes that lawmakers would continue to take steps to minimise the severity of the year-long recession.
Tuesday, December 30, 2008
Market Sentiment
Nasdaq -20=-1
S&P 500 -6=-1
Ftse 103=1
Nikkei 8=1
Futures 16=2
Market Sentiment 0
The Australian stock market is likely to open lower after US equities declined on concerns that Israel's attack on Gaza might disrupt oil production and shipments from the Middle East, pushing energy prices higher.
Resource stocks may gain after the price of commodities advanced, however.
Monday, December 29, 2008
Market Sentiment
Nasdaq 5=1
S&P 500 5=1
Ftse -39=-1
Nikkei 140=1
Futures 7=2
Market Sentiment 6
Australian stocks are tipped to firm at the open, after Wall Street rallied on higher oil prices, with miners potentially bolstered by a rebound in copper prices from four year lows and by stronger gold futures.
Wednesday, December 24, 2008
Market Sentiment
Nasdaq -11=-1
S&P 500 -7=-1
Ftse 7=1
Nikkei holiday
Futures -99=-4
Market Sentiment -9
The Australian stock market is expected to open lower after falls on Wall Street and on commodity markets.
Tuesday, December 23, 2008
Market Sentiment
Nasdaq -40=-2
S&P 500 -16=-2
Ftse -38=-1
Nikkei 135=1
Futures -11=-2
Market Sentiment -10
The Australian stock market is expected to open lower after falls in most world markets on the back of more negative company news.
From all at Think Financial we wish you a MERRY CHRISTMAS and a HAPPY NEW YEAR
Monday, December 22, 2008
Market Sentiment
Nasdaq 12=1
S&P 500 3=-1
Ftse -44=-1
Nikkei -79=-1
Futures 11=2
Market Sentiment 0 no bias
The Australian stock market is likely to open marginally higher, but light volumes and ongoing economic uncertainty will see a continuation of volatile conditions.
Friday, December 19, 2008
Market Sentiment
Nasdaq -27=-1
S&P 500 -20=-2
Ftse 6=1
Nikkei 55=1
Futures -37=-2
Market Sentiment -7
The Australian stock market is expected to open lower, tracking a decline on Wall Street overnight as energy shares were hammered by sharply lower oil prices.
US crude prices dropped more than nine per cent to $US36 a barrel, as slumping demand and swelling US inventories offset OPEC's record supply cut agreement.
Elsewhere in commodities, precious metals and copper in New York also were down.
Thursday, December 18, 2008
Market Sentiment
Nasdaq -11=-1
S&P 500 -9=-1
Ftse 15=1
Nikkei 45=1
Futures -45=-2
Market Sentiment -6
The Australian share market is set to open slightly lower, following a negative lead from Wall Street and a steep fall in the price of oil.
Wednesday, December 17, 2008
Market Sentiment
Nasdaq 82=2
S&P 500 39=2
Ftse 32=1
Nikkei -97=-1
Futures 58=4
Market Sentiment 12
The Australian stock market has received a positive lead from the US overnight, with Wall Street surging in mid-afternoon trade after the US Federal Reserve cut interest rates to a target range of zero to 0.25 per cent, down from one per cent.
Prices of precious metals were higher, although copper and oil both fell.
Tuesday, December 16, 2008
Market Sentiment
Nasdaq -32=-2
S&P 500 -11=-1
Ftse -3=-1
Nikkei 429=1
Futures -30=-2
Market Sentiment -9
The Australian stock market has received mixed leads from overseas overnight, with Wall Street and oil trading lower, but precious metals firmer.
Monday, December 15, 2008
Market Sentiment
Nasdaq 33=2
S&P 500 6=2
Ftse -108=-1
Nikkei -485=-1
Futures 83=4
Market Sentiment 10
The Australian share market is set to open the week stronger after US stocks defied the uncertainty surrounding the fate of US carmakers, ending 0.75 per cent higher.
With the $14 billion auto bailout running into a senate roadblock, White House jumped into the fray, saying it may provide emergency funding to the struggling auto industry, helping Wall St stage a comeback.
However, the local market's positive momentum may be checked by weakness in European and Asian markets, which plummeted on Friday.
Friday, December 12, 2008
Market Sentiment
Nasdaq -58=-2
S&P 500 –26=-2
Ftse 21=1
Nikkei 60=1
Futures -46=-2
Market Sentiment -8
The Australian stock market is expected to open lower after shares in the US slumped on a big rise in unemployment claims and a surprising jump in the trade deficit.
Resource stocks may gain after commodity prices advanced.
Thursday, December 11, 2008
Market Sentiment
Nasdaq 18=1
S&P 500 11=2
Ftse -14=-1
Nikkei 264=1
Futures 41=2
Market Sentiment 9
Australian shares are expected to rise at the open after Wall Street strengthened late in the session, as rising oil and commodities prices helped offset nervousness about the fate of the ailing US auto bailout.
The push to rescue US car markers became tied up in partisan wrangling as the US House of Representatives appeared set to vote on a proposed $US15 billion bridge loan, but congressional Republicans offered an alternative plan.
Wednesday, December 10, 2008
Market Sentiment
Nasdaq -24=-1
S&P 500 -21=-2
Ftse 81=1
Nikkei 67=1
Futures -26=-2
Market Sentiment -7
The Australian stock market is expected to open lower after US shares fell as negative corporate news reminded investors that the global economy's troubles won't ease soon.
Monday, December 8, 2008
Market Sentiment
Nasdaq 64=2
S&P 500 31=2
Ftse -114=-1
Nikkei -7=-1
Futures 52=2
Market Sentiment 8
The Australian stock market is expected to open stronger after Wall Street surged on news of massive US job losses.
Friday, December 5, 2008
Market Sentiment
Nasdaq -47=-2
S&P 500-26=-2
Ftse -6=-1
Nikkei -80=-1
Futures -36=-2
Market Sentiment -12
The Australian stock market is expected to open weaker after US stocks fell overnight.
Tuesday, December 2, 2008
Market Sentiment
Nasdaq -138=-2
S&P 500-64=-2
Ftse -223=-1
Nikkei -115=-1
Futures -170=-4
Market Sentiment -14
The Australian share market is set for a sharp fall at the open after heavy losses on Wall Street and European markets, with mining and energy stocks expected to come under pressure.
A large cut in interest rates by the Reserve Bank of Australia is expected at 1430 AEDT, which the market could draw support from, but not before a six per cent dive in Europe and a five per cent fall in the US are factored it.
US stocks plunged on fears that the US economy had finally tipped into recession, with US Federal Reserve chairman Ben Bernanke presenting a grim assessment of the US economy.
European stocks fell as mounting concerns about a prolonged global slowdown and weaker demand for oil and metals hurt market sentiment.
Monday, December 1, 2008
Market Sentiment
Nasdaq 3=1
S&P 500 9=1
Ftse 62=1
Nikkei 139=1
Futures 15=4
Market Sentiment 12
The Australian stock market is expected to open stronger on Monday after a rally on Wall Street, before the focus turns to the next interest rate cut and the latest economic growth figures.
Thursday, November 27, 2008
Market Sentiment
Nasdaq 67=2
S&P 500 26=2
Ftse -19=-1
Nikkei -111=-1
Futures 126=4
Market Sentiment 10
Local stocks are expected to open stronger after Wall St received a boost from the technology sector, which offset bleak economic data.
Wednesday, November 26, 2008
Market Sentiment
Nasdaq -7=-1
S&P 500 3=1
Ftse 18=1
Nikkei 413=1
Futures 82=4
Market Sentiment 8
Local shares are tipped to open higher, after Wall St edged up as new moves by the US Federal Reserve to boost consumer lending offset weaker economic data.
Tuesday, November 25, 2008
Market Sentiment
Nasdaq 88=2
S&P 500 58=2
Ftse 372=1
Nikkei holiday
Futures 132=4
Market Sentiment 13
Local stocks are expected to open stronger after a strong session at Wall St, as investors cheered the US Treasury’s move to inject $20 billion into US banking heavyweight Citigroup.
Monday, November 24, 2008
Market Sentiment
Nasdaq 68=2
S&P 500 48=2
Ftse -94=-1
Nikkei 208= 1
Futures 103=4
Market Sentiment 12
The Australian sharemarket is expected to open stronger on the back of a strong rally on Wall Street on Friday.
Friday, November 21, 2008
Market Sentiment
Nasdaq -70=-2
S&P 500 -55=-2
Ftse -131=-1
Nikkei -570=- 1
Futures -163=-4
Market Sentiment -14
The Australian share market is poised for a heavy loss to make it five straight falls after another late Wall Street dive.
US stocks were boosted by hopes of a bailout for the three major US automakers, but a fresh wave of negative data and tumbling commodities prices weighed on the market.
Thursday, November 20, 2008
Market Sentiment
Nasdaq -97=-2
S&P 500 -50=-2
Ftse -203=-1
Nikkei -165=- 1
Futures -165=-4
Market Sentiment -14
Aust shares set for hefty falls
The Australian sharemarket is expected to open weaker after US stocks sank again overnight.
Wednesday, November 19, 2008
Market Sentiment
Nasdaq 1=1
S&P 500 8=1
Ftse 76=1
Nikkei -194=- 1
Futures 14=2
Market Sentiment 8
The Australian share market is expected to open slightly higher after another volatile night on Wall Street finally ended in the black.
Tuesday, November 18, 2008
Market Sentiment
Nasdaq -35=-2
S&P 500 -10=-1
Ftse -101=-1
Nikkei 60= 1
Futures -64=-4
Market Sentiment -11
The Australian share market looks headed for a second straight decline at the open after Wall Street fell on Citigroup's massive job cuts and Japan's recession.
Monday, November 17, 2008
Market Sentiment
Nasdaq -80=-2
S&P 500 -38=-2
Ftse 64=1
Nikkei 224= 1
Futures -64=-4
Market Sentiment -10
The Australian stock market is expected to open in negative territory after falls on Wall Street, as economists predict further volatility ahead.
Friday, November 14, 2008
Market Sentiment
Nasdaq 97=2
S&P 500 57=2
Ftse -13=-1
Nikkei -457=- 1
Futures 170=4
Market Sentiment 10
The Australian sharemarket is expected to open higher, as a fresh four-year slump provides buying opportunities, and after US stocks recovered overnight.
Wall Street rebounded in late trade, led higher by energy, financial and technology shares as investors snapped up beaten-down stocks.
Thursday, November 13, 2008
Market Sentiment
Nasdaq -82=-2
S&P 500 -47=-2
Ftse -65=-1
Nikkei -114=- 1
Futures -185=-4
Market Sentiment -14
The Australian sharemarket is expected to open lower after US stocks slumped overnight as Treasury Secretary Henry Paulson said the government would not buy banks' soured mortgage assets after all.
Mr Paulson's comments hit US financials, which fell sharply.
The largest US electronics chain, Best Buy, also said consumers were slashing spending, creating the worst climate in the company's 42-year history.
Wednesday, November 12, 2008
Market Sentiment
Nasdaq -36=-2
S&P 500 -20=-2
Ftse -157=-1
Nikkei -272=- 1
Futures -69=-4
Market Sentiment -14
The Australian sharemarket is expected to open lower today after US stocks fell overnight on signs that company profits are being hit by the decline in consumer spending.
Monday, November 10, 2008
Market Sentiment
Nasdaq 39=2
S&P 500 26=2
Ftse 93=1
Nikkei -316=- 1
Futures 24=2
Market Sentiment 10
The Australian sharemarket is expected to open higher after US stocks gained on Friday as investors saw buying opportunities following heavy falls earlier in the week.
Friday, November 7, 2008
Market Sentiment
Nasdaq -73=-2
S&P 500 -51=-2
Ftse -258=-1
Nikkei -622=- 1
Futures -180=-4
Market Sentiment -14
Australian shares look set for a sharp decline at the open after investors hammered US and European markets on fears of an increasingly painful global recession.
Thursday, November 6, 2008
Market Sentiment
Nasdaq -81=-2
S&P 500 -53=-2
Ftse -109=-1
Nikkei 407= 1
Futures -143=-4
Market Sentiment -12
The Australian sharemarket appears headed for a weaker opening after investors shifted attention from an historic US election to the faltering US economy.
US stocks were down between two and three per cent overnight as gloomy jobs and services sector data hurt market sentiment. European shares also declined, snapping a six-day winning streak to finish 2.2 per cent weaker.
The Australian market will get a chance to react to yesterday's announcement by Federal Treasurer Wayne Swan that gross domestic product growth is expected to fall to two per cent in the 2009 financial year, with unemployment set to balloon to five per cent midway through the year.
Sunday, November 2, 2008
Market Sentiment
Dow 144=4
Nasdaq 22=1
S&P 500 15=2
Ftse 86=1
Nikkei -452=- 1
Futures 50=4
Market Sentiment 11
Friday, October 31, 2008
Market Sentiment
Nasdaq 41=2
S&P 500 24=2
Ftse 49=1
Nikkei 818= 1
Futures -4=-2
Market Sentiment 8
The Australian share market is expected to open flat to positively after commodity prices fell overnight and Wall Street posted what were, by the end of the day, reasonable gains.
At 0715 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down four points at 4.014.
Thursday, October 30, 2008
Market Sentiment
Nasdaq 8=1
S&P 500 -10=-1
Ftse 316=1
Nikkei 590= 1
Futures 33=2
Market Sentiment Nil
The Australian share market is expected to open stronger today following a volatile session on Wall Street and strong gains on European markets.
Wednesday, October 29, 2008
Market Sentiment
Nasdaq 144=2
S&P 500 92=2
Ftse 74=1
Nikkei 459= 1
Futures 242=4
Market Sentiment 14
The Australian share market is expected to open strongly today after world markets surged overnight.
Tuesday, October 28, 2008
Market Sentiment
Nasdaq -46=-2
S&P 500 -28=-2
Ftse -31=-1
Nikkei -486=- 1
Futures 2=2
Market Sentiment -8
The Australian share market is expected to open flat today after US stocks see-sawed overnight. Asian markets fell heavily yesterday.
At 0706 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was up two points at 3,793.
The Australian Office of Financial Management is due to announce its latest Treasury bond tender result today, while the National Australia Bank will release its business survey for the September quarter.
Monday, October 27, 2008
Market Sentiment
Nasdaq -52=-2
S&P 500 -31=-1
Ftse -204=-1
Nikkei -812=- 1
Futures -37=-2
Market Sentiment -12
Australian shares are expected to open lower on Monday after Wall Street joined stock markets around the world in a huge sell-off on Friday.
Friday, October 24, 2008
Market Sentiment
Nasdaq -12=-1
S&P 500 11=1
Ftse 47=1
Nikkei -214=- 1
Futures -63=-1
Market Sentiment 3
Australian stocks are set for another negative session, despite US stocks rebounding in a volatile session marked by investor jitters on recession and some sense that the market may have hit bottom.
Thursday, October 23, 2008
Market Sentiment
Nasdaq -81=-2
S&P 500 -58=-2
Ftse -189=-1
Nikkei -632=- 1
Futures -191=-1
Market Sentiment -11
Australian markets are set to open sharply lower after US stocks tumbled for a second day as disappointing profits and outlooks from a number of major US companies compounded growing global recession fears.
Energy stocks fell heavily as demand destruction fears took their toll on commodities, oil dropped more than seven per cent, touching a new 16-month low, while the price of copper was hovering near three-year lows.
Wednesday, October 22, 2008
Market Sentiment
Nasdaq -73=-2
S&P 500 -30=-2
Ftse -53=-1
Nikkei 301= 1
Futures -126=-1
Market Sentiment -9
Australian stocks are tipped to open lower after Wall St slipped on a pullback in commodity shares and a rash of companies released disappointing earnings and outlooks.
Monday, October 20, 2008
Market Sentiment
Nasdaq -6=-1
S&P 500 -6=-2
Ftse 202=1
Nikkei 253= 1
Futures -21=-1
Market Sentiment -5
The Australian share market has been given a mixed lead from overseas markets, after Europe's share market rallied 4.2 per cent on Friday, while Wall Street shed 1.5 per cent.
On Friday, the Australian share market failed to translate a late surge on Wall Street into a gain on the local markets, shedding one per cent.
Friday, October 17, 2008
Market Sentiment
Nasdaq 89=2
S&P 500 38=2
Ftse -218=-1
Nikkei -1089= -1
Futures 206=1
Market Sentiment 7
The Australian share market is expected to open higher after US stocks gained in a late rally early this morning, amid ongoing volatility on markets.
Thursday, October 16, 2008
Market Sentiment
Nasdaq -151=-2
S&P 500 -90=-2
Ftse -315=-1
Nikkei -100= 1
Futures -301=-1
Market Sentiment -9
The Australian share market is set for a sharp decline at the open, after Wall St plunged on growing recession fears, poor economic data and remarks by Fed chairman Ben Bernanke that the US economy was under sever threat from the credit crisis.
Wednesday, October 15, 2008
Market Sentiment
Nasdaq -65=-2
S&P 500 -5=-1
Ftse 137=1
Nikkei 1171= 1
Futures -99=-1
Market Sentiment -4
The Australian share market is set to open lower after US stocks fell on fears that the global economy may not avert recession, despite the US treasury pumping $US250 billion into its banks.
Tuesday, October 14, 2008
Market Sentiment
Nasdaq 195=2
S&P 500 104=2
Ftse 325=1
Nikkei holiday
Futures 306=1
Market Sentiment 10
Australian stocks are expected to open stronger as Wall street posted its biggest one-day gain after countries around the world moved to restore confidence in the banking sector.
Market Sentiment
Nasdaq 195=2
S&P 500 104=2
Ftse 325=1
Nikkei holiday
Futures 306=1
Market Sentiment 10
Australian stocks are expected to open stronger as Wall street posted its biggest one-day gain after countries around the world moved to restore confidence in the banking sector.
Monday, October 13, 2008
Market Sentiment
Nasdaq 4=1
S&P 500 –11=-1
Ftse -382=-1
Nikkei -881=-1
Futures 27=1
Market Sentiment -5
Australian stocks are expected to open flat on Monday as Wall street closed the week modestly lower following its horror session on Thursday.
AMP Investments chief economist Shane Oliver said the federal government's announcement that it would guarantee all money deposits for the next three years would have little impact on Monday's market.
Friday, October 10, 2008
Market Sentiment
Nasdaq -95=-2
S&P 500 –75=-2
Ftse -53=-1
Nikkei -46=-1
Futures -180=-1
Market Sentiment 11
The Australian share market looks headed for a third straight decline at the open after Wall Street losses deepened into a seventh consecutive session.
Thursday, October 9, 2008
Market Sentiment
Nasdaq -15=-1
S&P 500 –11=-1
Ftse -239=-1
Nikkei -952=-1
Futures -12=-1
Market Sentiment -9
The Australian share market is set to open weaker for the second straight session after Wall Street made it six consecutive losses.
Trading in the US was particularly volatile, with the major indexes in positive territory towards the end of trading before dipping into the black.
Wednesday, October 8, 2008
Market Sentiment
Nasdaq -108=-2
S&P 500 –61=-2
Ftse 16=1
Nikkei -317=-1
Futures -266=-1
Market Sentiment -9
he Australian share market is expected to open significantly lower after Wall Street extended losses into a fifth session, plunging more than five per cent.
Gains made in the previous session on the back of the Reserve Bank of Australia's surprise one per cent rate cut will in all likelihood be handed back, as the weakness of the US financial sector spills into the local market.
The Dow Jones Industrial Average slipped 5.11 per cent, or 508.39, it's lowest level since October 2003. It brings the index's losses for the past five sessions to more than 1,400 points. The S&P 500 dived 5.74 per cent to finish below 1,000 points for the first time in more than five years.
Tuesday, October 7, 2008
Market Sentiment
Nasdaq -42=-2
S&P 500 –84=-2
Ftse -391=-1
Nikkei -465=-1
Futures -178=-1
Market Sentiment -11
Another horror night on Wall Street is expected to push the Australian share market down sharply, but investors could potentially draw support from an expected rate cut from the Reserve Bank of Australia.
Monday, October 6, 2008
Market Sentiment
Nasdaq -29=-1
S&P 500 –15=-2
Ftse 110=1
Nikkei -217=-1
Futures -48=-1
Market Sentiment -8
The Australian share market is expected to open weaker despite the US Congress approving a revised version of the $US700 billion Wall Street bailout on Friday.
US stocks reacted poorly to the bill's passing, wondering whether the economy was possibly headed for a recession even with the bailout package.
Friday, October 3, 2008
Market Sentiment
Nasdaq -93=-2
S&P 500 –47=-2
Ftse -89=-1
Nikkei -214=-1
Futures -95=-1
Market Sentiment -11
Local stocks may trade lower after US equities markets fell by close to four per cent, while Europe suffered less but was also in the red.
The key Wall Street indices all were down, as were commodities, including oil, gold, silver, and copper.
Thursday, October 2, 2008
Market Sentiment
Nasdaq -22=-1
S&P 500 -5=-1
Ftse 57=1
Nikkei 108=1
Futures 28=1
Market Sentiment -1
Australian stocks have received a flat lead today, with Wall Street markets finishing slightly down, including stocks and oil, although gold and silver were higher.
In Europe, the British and French bourses were up moderately, but the Eurozone's largest economy, Germany, saw its key DAX stocks index fall.
Wednesday, October 1, 2008
Market Sentiment
Nasdaq 99 =2
S&P 500 58=2
Ftse 84=1
Nikkei -484=-1
Futures 127=1
Market Sentiment 9
Australian stocks are expected to show a stronger performance today, following a stronger performance on Wall Street overnight.
Tuesday, September 30, 2008
Market Sentiment
Nasdaq -200 =-2
S&P 500 -107=-2
Ftse -270=-1
Nikkei -150=-1
Futures -339=-1
Market Sentiment -11
The Australian sharemarket looks likely to open sharply lower, after Wall Street plummeted by as much as nine per cent as US lawmakers unexpectedly rejected a $US700 billion financial bailout.
The Dow industrials plunged in the blue-chip average's biggest one-day point drop ever after US lawmakers unexpectedly rejected a $US700 billion financial bailout, spooking investors who saw it as essential to halting a global market meltdown.
The Dow lost about 778 points and posted its biggest daily percentage decline since the October 1987 stock market crash, while the benchmark S&P 500 also had its worst day in 21 years after the House sent the bailout plan to defeat by a vote of 228 to 205.
Monday, September 29, 2008
Market Sentiment
Nasdaq -3 =-1
S&P 500 -4=-1
Ftse -109=-1
Nikkei -113=-1
Futures 48=1
Market Sentiment 1
The Australian stock market has received a positive lead from Wall Street, particularly with news this morning that US congressmen have reached agreement on a rescue package for US financial institutions.
Friday, September 26, 2008
Market Sentiment
Nasdaq 31 =2
S&P 500 23=2
Ftse 102=1
Nikkei -108=-1
Futures 63=1
Market Sentiment 9
The Australian sharemarket looks likely to open higher after Wall Street climbed two per cent on US financial bailout hopes.
Wall Street snapped a three-day losing streak as Congress closed in on a deal for a $US700 billion financial-sector bailout that investors hope will thaw credit markets and revive lending.
Thursday, September 25, 2008
Market Sentiment
Nasdaq 2 =1
S&P 500 -2=-1
Ftse -41=-1
Nikkei 24=1
Futures -34=-1
Market Sentiment -3
The Australian sharemarket looks likely to open lower, following a negative lead from Wall Street.
The US market closed slightly lower overnight, as uncertainty about when Congress might approve a proposed $US700 billion financial sector bailout offset Warren Buffett's $US5 billion investment in Goldman Sachs.
Wednesday, September 24, 2008
Market Sentiment
Nasdaq -26 =-2
S&P 500 -19=-2
Ftse -100=-1
Nikkei holiday
Futures -71=-1
Market Sentiment -10
More losses for the Australian share market appear likely after Wall Street dropped on uncertainty surrounding the government’s proposed financial bailout.
The US market closed down 1.5 per cent overnight, as testimonies by Federal Reserve chairman Ben Bernanke and Treasury secretary Henry Paulson failed to quell investors' fears about the financial sector.
Tuesday, September 23, 2008
Market Sentiment
Nasdaq -95 =-2
S&P 500 -48=-2
Ftse -75=-1
Nikkei 170=1
Futures -111=-1
Market Sentiment -9
The Australian stock market has received a negative lead from Wall Street, where volatility swept across the financial markets as doubts intensified over the US government's $US700 bailout of the banking sector.
Thursday, September 18, 2008
Market Sentiment
Nasdaq -109 =-2
S&P 500 -57=-2
Ftse -113=-1
Nikkei 140=1
Futures -153=-1
Market Sentiment -9
More losses for the Australian sharemarket appear likely with Wall Street plunging four per cent after the US Federal Reserve's $US85 billion rescue of beleaguered American International Group failed to calm the market.
US stocks were battered again overnight, as investors worried about who could be the next victim of the global credit crisis, prompting them to dump financial shares across the board.
Wednesday, September 17, 2008
Market Sentiment
Nasdaq 28 =2
S&P 500 21=2
Ftse -179=-1
Nikkei -605=-1
Futures 16=1
Market Sentiment 7
Please note the U.S.futures are again showing weakness
since market close and this will weaken the market sentiment for today.
Tuesday, September 16, 2008
Market Sentiment
Nasdaq -81 =-2
S&P 500 -59=-2
Ftse -213=-1
Nikkei 112=1
Futures -135=-1
Market Sentiment -9
The Australian share market is set for a sharp decline at the open, after the collapse of Lehman Brothers and the acquisition of Merrill Lynch by Bank of America ensured a tumultuous trading session on Wall Street.
Monday, September 15, 2008
Market Sentiment
Nasdaq 3 =1
S&P 500 3=1
Ftse 98=1
Nikkei 112=1
Futures 50=1
Market Sentiment 3
URGENT URGENT URGENT
The following news was released at 6.00am this morning our time and the US futures are down 2% this would negate any positive market sentiment posted above.
US consumer banking heavyweight Bank of America Corp ruled itself out as a prospective buyer for Lehman, less than three hours after another leading candidate UK lender Barclays plc also said it was not interested in the faltering investment bank, according to a Bloomberg report.
Friday, September 12, 2008
Market Sentiment
Nasdaq 30 =2
S&P 500 17=2
Ftse -48=-1
Nikkei -244=-1
Futures 43=1
Market Sentiment 7
Australian markets have received a strong lead from Wall Street equities overnight, which finished almost 1.5 per cent higher. Oil, silver and gold were down, while copper was marginally higher.
Thursday, September 11, 2008
Market Sentiment
Nasdaq 19 =1
S&P 500 7=1
Ftse -49=-1
Nikkei -54=-1
Futures 12=1
Market Sentiment 3
The Australian market has received a mixed lead, with Wall Street up - albeit just marginally - while oil, gold and silver were down again.
Wednesday, September 10, 2008
Market Sentiment
Nasdaq -60 =-2
S&P 500 -43=-2
Ftse -31=-1
Nikkei -224=-1
Futures -164=-1
Market Sentiment -11
The Australian stock market may trade weaker today after Wall Street dropped by around two and a half per cent overnight. Oil fell commensurately, and gold, silver and copper, too, were lower.
Tuesday, September 9, 2008
Market Sentiment
Nasdaq 14 =1
S&P 500 25=2
Ftse 206=1
Nikkei 412=1
Futures -23=-1
Market Sentiment 8
The Australian stock market has received a strong, positive lead from Wall Street, although share price index futures contracts were trading down in Sydney
Monday, September 8, 2008
Market Sentiment
Nasdaq -3 =-1
S&P 500 5=1
Ftse -121=-1
Nikkei -345=-1
Futures 36=1
Market Sentiment 1
The US government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac, launching what could be its biggest federal bailout ever, in a bid to support the US housing market and ward off more global financial market turbulence.
The Australian share market will be one of the first to open after the news of the bail-out and will be followed by the rest of Asia. It will give us the first indication of how the world capital markets are taking this dramatic but essential move.
Friday, September 5, 2008
Market Sentiment
Nasdaq -75 =-2
S&P 500 -38=-2
Ftse -138=-1
Nikkei -132=-1
Futures -153=-1
Market Sentiment -11
The Australian stock market is likely to fall after equities in the US slumped overnight on renewed concerns about the economy, as reports showed retail sales and employment are weakening.
Thursday, September 4, 2008
Market Sentiment
Nasdaq -16 =-1
S&P 500 -3=-1
Ftse -121=-1
Nikkei 80=1
Futures steady= 0
Market Sentiment flat
The Australian stock market may rise slightly after US equities were mixed but little changed overnight and commodities, too, were mixed, with oil and gold falling and copper gaining.
Monday, September 1, 2008
Market Sentiment
Nasdaq -44 =-2
S&P 500 -18=-2
Ftse 35=1
Nikkei 305=1
Futures -29=-1
Market Sentiment -7
The Australian sharemarket is expected to open lower as local investors follow the lead from Wall Street trading buffeted on Friday by a hurricane.
As investors take stock at the end of earnings season, the Reserve Bank of Australia will convene its monthly board meeting on Tuesday to consider cutting interest rates.
Economists are now convinced the central bank will move to cut rates, with most tipping a 25 basis point slice, bringing the official cash rate to 7.00 per cent.
As well, this week the Australian Bureau of Statistics will release the national accounts data for June quarter on Wednesday.
Friday, August 29, 2008
Market Sentiment
Nasdaq 29 =1
S&P 500 19=2
Ftse 73=1
Nikkei 15=1
Futures 83=1
Market Sentiment 10
The Australian share market is expected to open stronger after US stocks rallied on a surprisingly big upward revision to second quarter US growth and lower oil prices boosted shares of major industrial and financial companies.
Thursday, August 28, 2008
Market Sentiment
Nasdaq 20 =1
S&P 500 10=1
Ftse 57=1
Nikkei -26=-1
Futures 53=1
Market Sentiment 7
The Australian share market looks headed for a strong opening after Wall Street finished higher on better-than-expected durable goods data and a rally in financial shares led by Freddie Mac and Fannie Mae.
US energy shares were led upwards by a rising oil price, as forecasts tipped Tropical Storm Gustav will intensify into a hurricane, as it heads towards key oil assets in the Gulf of Mexico.
Wednesday, August 27, 2008
Market Sentiment
Nasdaq -4 =-1
S&P 500 5=1
Ftse 35=1
Nikkei -100=-1
Futures 6=1
Market Sentiment 3
The Australian share market looks headed for a flat opening after stronger oil prices helped Wall Street finish in positive territory despite renewed fears for the US banking sector.
Tuesday, August 26, 2008
Market Sentiment
Nasdaq - 49 =-2
S&P 500 -25=-2
Ftse holiday
Nikkei 213=1
Futures -90=-1
Market Sentiment -8
Local stocks are expected to open weaker after Wall Street tumbled over two per cent on weaker financials.
Monday, August 25, 2008
Market Sentiment
Nasdaq 34 =2
S&P 500 14=2
Ftse 135 = 1
Nikkei -86=-1
Futures 73=1
Market Sentiment 9
Australian shares are expected to start the final week of reporting season on a high, supported by financials, after Wall St rallied on takeover speculation around investment bank Lehman Brothers.
Local resources stocks, however, will come under pressure after the oil price tumbled more than five per cent on Friday and gold and base metals also weakened.
Friday, August 22, 2008
Market Sentiment
Nasdaq -9 =-1
S&P 500 3=1
Ftse -2 =- 1
Nikkei -99=-1
Futures 31=1
Market Sentiment 1
The Australian stock market is expected to open higher after resurgent energy shares helped Wall Street end in positive territory.
Thursday, August 21, 2008
Market Sentiment
Nasdaq 5 =1
S&P 500 8=1
Ftse 51 = 1
Nikkei -13=-1
Futures 37=1
Market Sentiment 7
The Australian stock market is expected to open stronger after Wall St finished higher in a choppy session.
US stocks closed higher after Hewlett-Packard’s strong results and a rebound in energy shares offset investors jitters regarding the future of Fannie Mae and Freddie Mac
Wednesday, August 20, 2008
Market Sentiment
Nasdaq -33 =-2
S&P 500 -12=-2
Ftse -130 =-1
Nikkei -300=-1
Futures -36=-1
Market Sentiment -11
Local stocks are expected to open lower after US stocks slipped for a second straight day, as financials slipped on further credit jitters and US PPI data fuelled inflation fears.
However, resource stocks may get a small boost after a weaker greenback produced a rally in commodities.
Tuesday, August 19, 2008
Market Sentiment
Nasdaq -36 =-2
S&P 500 -20=-2
Ftse -5 =-1
Nikkei 146=1
Futures -85=-1
Market Sentiment -9
Local stocks are set to open weaker after renewed mortgage crisis jitters hurt financials and further capitalisation fears of US home finance firms Fannie Mare, Freddie Mac pushed US stocks down.
Monday, August 18, 2008
Market Sentiment
Nasdaq -1 =-1
S&P 500 5=1
Ftse -43 =-1
Nikkei 63=1
Futures -8 =-1
Market Sentiment 1
Australian stocks are set for a volatile week ahead as investors digest a flurry of earnings reports and try to guess where interest rates are heading and the extent to which the global economy is slowing.
Friday, August 15, 2008
Market Sentiment
Nasdaq 25 =1
S&P 500 7=1
Ftse 49 =1
Nikkei -66=-1
Futures 20 =1
Market Sentiment 7
US and European stocks finished stronger overnight, setting the scene from a positive day on the Australian share market.
Local financial firms look set to rise after their US counterparts pushed the Dow Jones index up in day of relatively thin trading.
But renewed falls in commodities prices look set to weigh on resource firms.
Thursday, August 14, 2008
Market Sentiment
Nasdaq -2 =-1
S&P 500 -4=-1
Ftse -86 =-1
Nikkei -281=-1
Futures -4 =-1
Market Sentiment -9
The Australian share market is expected to extend losses from the previous session at the open, after jitters continued to creep back into the US economy.
Wall Street ended the session lower as credit concerns again hampered bank shares, while rebounding oil prices and weak retail outlooks fuelled fears about further declines in consumer sentiment.
Resource stocks could help prevent a significant slide on the market, benefitting from stronger commodities prices. BHP Billiton gained 3 per cent in European trading, while Rio Tinto Ltd put on 2.7 per cent.
Wednesday, August 13, 2008
Market Sentiment
Nasdaq -16 =-1
S&P 500 -9=-1
Ftse -7 =-1
Nikkei -127=-1
Futures -33 =-1
Market Sentiment -9
The share market is expected to open sharply lower after another drop in oil prices failed to lift US stocks.
Wall Street was weighed down by renewed fears about the economy and more mortage-related losses, after the third largest US investment bank JPMorgan Chase & Co announced it had lost around $US1.5 billion since July.
It's the first session in the last seven where a drop in the price of oil hasn't produced a rise in US stocks.
Tuesday, August 12, 2008
Market Sentiment
Nasdaq 26 =1
S&P 500 9=1
Ftse 53 =1
Nikkei 263=1
Futures 19 =1
Market Sentiment 7
The local share market is expected to marginally higher with modest gains posted on Wall Street likely to be offset by more declines in commodities prices weighing on resource firms.
In a day of low volume trading, US financials lost the majority of early gains as new figures released by the US Federal Reserve pointed to a defensive tightening of lending standards in the last three-months.
Resource firms are set to slide further as a stronger US dollar and a perceived weakening in global demand continue to pull back commodities prices.
Monday, August 11, 2008
Market Sentiment
Nasdaq 58 =2
S&P 500 30=2
Ftse 12 =1
Nikkei 43=1
Futures 72 =1
Market Sentiment 11
The Australian stock market is expected to open the week stronger, after US stocks rebounded sharply on Friday.
Wall Street's rally followed a surge in the US dollar and a drop in oil prices, and came despite an announcement by mortgage giant Fannie Mae that it had sustained a quarterly loss of $US2.3 billion ($2.54 billion).
The decline in oil prices raised hopes that the economy might be able to shrug off inflationary threats and expand more easily
Friday, August 8, 2008
Market Sentiment
Nasdaq -23 =-1
S&P 500 -23=-2
Ftse -58 =-1
Nikkei -130=-1
Futures -58 =-1
Market Sentiment -10
The share market looks headed for a poor opening after US stocks ended almost 2 per cent down on renewed concerns for the state of the financial sector.
The fallout on Wall Street from $US5 billion second quarter loss from American Insurance Group is likely to spill over into shares in local financial firms.
Resource companies face an uphill battle with further slides in metals prices overnight. Although a decline in mining stocks could be tempered by the fact that metals fell on a stronger US dollar, rather than recent signs of slowing demand from China.
Thursday, August 7, 2008
Market Sentiment
Nasdaq 29 =1
S&P 500 4=1
Ftse 32 =1
Nikkei 340=1
Futures 15 =1
Market Sentiment 7
The local share market is expected to hold yesterday's strong gains after a late Wall Street rally on fresh three-month lows in the price of oil and stronger sentiment in technology stocks.
Wednesday, August 6, 2008
Market Sentiment
Nasdaq 64 =2
S&P 500 36=2
Ftse 134 =1
Nikkei -18=-1
Futures 88 =1
Market Sentiment 9
The sharemarket is expected to open significantly stronger following solid gains on Wall Street which continued after the US Federal Reserve kept interest rates at 2 per cent.
But weak commodity prices look set to drag again on local commodities, which pulled the benchmark index down 1.4 per cent in the previous session.
Tuesday, August 5, 2008
Market Sentiment
Nasdaq -25 =-1
S&P 500 -11=-1
Ftse -35 =-1
Nikkei -161=-1
Futures -44 =-1
Market Sentiment -7
The sharemarket is expected to open lower following varied trading on Wall Street that ultimately ended in the red.
The US market was down early on renewed fears of further losses in financials amid an extended housing slump. A $US4 slide in the price of oil gave Wall Street a brief reprieve, but the market still closed down.
Weakness in US financials is likely to drag down the local sector, with resource firms also set to slide on falling commodities prices. Local airlines could buck the trend as the falling price of oil brings welcome relief to fuel prices.
Monday, August 4, 2008
Market Sentiment
Nasdaq -16 =-2
S&P 500 -7=-1
Ftse -57 =-1
Nikkei -282=-1
Futures -38 =-1
Market Sentiment -10
The Australian stock market is expected to open lower on after a fall on Wall Street, but some companies will receive a boost from speculation of a rate cut by the Reserve Bank of Australia (RBA).
Miners may decline as metals including gold and copper slipped on Friday.
Friday, August 1, 2008
Market Sentiment
Nasdaq -4 =-1
S&P 500 -17=-2
Ftse -9 =-1
Nikkei 9=1
Futures -48 =-1
Market Sentiment -8
The Australian stock market is expected to fall about one per cent after Wall St was rocked by disappointing US economic growth and job market figures.
Thursday, July 31, 2008
Market Sentiment
Nasdaq 10 =1
S&P 500 21=2
Ftse 102 =1
Nikkei 208=1
Futures 92 =1
Market Sentiment 10
The Australian stock market is expected to rise for a second straight day after Wall St rallied on positive private sector employment data.
Wednesday, July 30, 2008
Market Sentiment
Nasdaq 55 =2
S&P 500 29=2
Ftse 48 =1
Nikkei -194=-1
Futures 84 =1
Market Sentiment 9
The sharemarket is expected to snap a three-day losing streak, after Wall Street gained over two per cent easing worries about the state of the economy.
But resource firms look set to slide on falling commodities prices, with predictions oil could fall below $US100 a barrel by mid-July.
Airline stocks should continue to benefit from the decline in oil prices. Qantas Airways Ltd recently slashed 1,500 jobs in a bid to cut costs as oil hit a record high of $US148.60.
Tuesday, July 29, 2008
Market Sentiment
Nasdaq -46 =-2
S&P 500 –23=-2
Ftse -40 =-1
Nikkei 19=1
Futures -99 =-1
Market Sentiment -9
The Australian stock market is expected to open sharply lower after Wall St fell two per cent on predictions the worst of the housing crisis was yet to come.
Monday, July 28, 2008
Market Sentiment
Nasdaq 30 =2
S&P 500 5=1
Ftse -10 =-1
Nikkei -269=-1
Futures 24 =1
Market Sentiment 4
The sharemarket is expected to make further losses after tumbling 3.4 per cent on National Australia Bank Ltd's sub-prime write-downs on Friday, as Australia and New Zealand Banking Group announced similar credit-related losses.
Wall Street faces a bundle of economic data this week that could push up the US sharemarket, after recent releases have proved better-than-expected.
Friday, July 25, 2008
Market Sentiment
Nasdaq -46 =-2
S&P 500 -30=-2
Ftse -88 =-1
Nikkei 290=1
Futures -102 =-1
Market Sentiment -9
The Australian stock market is expected to open lower after US stocks declined overnight as a weaker-than-expected housing market report was released.
Thursday, July 24, 2008
Market Sentiment
Nasdaq 22 =1
S&P 500 5=1
Ftse 86 =1
Nikkei 128=1
Futures 12 =1
Market Sentiment 7
The sharemarket is expected to hold gains at the open from the previous session, after the US House of Representatives approved a rescue plan for Freddie Mac and Fannie Mae.
Wall Street posted modest gains on financial firms as investors hoped the lawmakers would approve the bill, which they did after the close.
Wednesday, July 23, 2008
Market Sentiment
Nasdaq 24 =2
S&P 500 17=2
Ftse -40 =-1
Nikkei 381=1
Futures 34 =1
Market Sentiment 9
The sharemarket is expected to open higher after a late surge in US bank stocks pushed up Wall Street from an early slide
Tuesday, July 22, 2008
Market Sentiment
Nasdaq -3 =-1
S&P 500 - 1=-1
Ftse 28 =1
Nikkei -84=-1
Futures -32 =-1
Market Sentiment -5
The sharemarket looks set to open slightly weaker after rising 3.5 per cent in the previous session, the largest one-day gain in four months.
Monday, July 21, 2008
Market Sentiment
Nasdaq -30 =-2
S&P 500 1=1
Ftse 90 =1
Nikkei -84=-1
Futures 59 =1
Market Sentiment 4
The Australian stock market is expected to open higher after US stocks closed on a fairly positive note on Friday following investor optimism about the troubled financial sector.
Friday, July 18, 2008
Market Sentiment
Nasdaq 27 =2
S&P 500 15=2
Ftse 136 =1
Nikkei 127=1
Futures 37 =1
Market Sentiment 11
The Australian stock market is expected to open higher after US stocks ended positively on a stronger-than-expected earnings result from investment and commercial bank JP Morgan Chase and falling energy prices.
Thursday, July 17, 2008
Market Sentiment
Nasdaq 69 =2
S&P 500 30=2
Ftse -21 =-1
Nikkei 6=1
Futures 66 =1
Market Sentiment 9
The Australian stock market is expected to open higher after another steep fall in the oil price eased cost concerns in the US and helped drive Wall St over 2.5 per cent higher.
Wednesday, July 16, 2008
Market Sentiment
Nasdaq 3 =1
S&P 500 -13=-1
Ftse -129 =-1
Nikkei -256=-1
Futures -37 =-1
Market Sentiment -7
The Australian stock market is expected to open lower after US stocks sank on lingering concerns about the health of the US financial system, fanned by troubles at large mortgage financiers Freddie Mac and Fannie Mae.
Local energy stocks are expected to suffer from a large dip in the oil price.
Tuesday, July 15, 2008
Market Sentiment
Nasdaq -26 =-1
S&P 500 -11=-1
Ftse 39 =1
Nikkei -29=-1
Futures -37 =-1
Market Sentiment -5
The Australian stock market is expected to open lower after US stocks slipped on lingering concerns about the health of mortgage finance firms, although rising metals prices should boost resource firms.
US stocks shed initial gains as investors remained spooked by the fragility of the financial sector, despite the US Federal Reserve and Treasury Department pledging to support stricken lenders Freddie Mac and Frannie Mae.
Monday, July 14, 2008
Market Sentiment
Nasdaq -19 =-1
S&P 500 -14=-1
Ftse -145 =-1
Nikkei -27=-1
Futures -74 =-1
Market Sentiment -9
The Australian share market is expected to open lower today after Wall St fell over one per cent on Friday.
Friday, July 11, 2008
Market Sentiment
Nasdaq 23 =1
S&P 500 9=1
Ftse -123 =-1
Nikkei 15=1
Futures 39 =1
Market Sentiment 7
The Australian share market is expected to open higher after US equities gained overnight on reports Dow Chemical will take over a rival firm and reassuring comments from Federal Reserve chairman Ben Bernanke.
Gains in the gold and oil price overnight may also support resource stocks.
Thursday, July 10, 2008
Market Sentiment
Nasdaq -60 =-2
S&P 500 -29=-2
Ftse 89 =1
Nikkei 19=1
Futures -65 =-1
Market Sentiment -7
The Australian share market is expected to open lower today after US equities fell as investors grappled with renewed worries about the soundness of the financial sector.
Wednesday, July 9, 2008
Market Sentiment
Nasdaq 51 =2
S&P 500 21=2
Ftse -72 =-1
Nikkei -327=-1
Futures 38 =1
Market Sentiment 7
The Australian share market is expected to open higher today after US equities gained as the oil price fell and the Federal Reserve chairman indicated the central bank was likely to extend emergency loans to investment firms.
Mining and energy stocks may decline after oil and metals prices slipped overnight.
Tuesday, July 8, 2008
Market Sentiment
Nasdaq -2 =-1
S&P 500 -11=-1
Ftse 100 =1
Nikkei 122=1
Futures -47 =1
Market Sentiment -5
The Australian share market is expected to open lower on Tuesday after US equities declined overnight as financial companies fell on concerns they may have to raise more capital.
Monday, July 7, 2008
Market Sentiment
Nasdaq closed
S&P 500 closed
Ftse -64 =-1
Nikkei -28=-1
Futures -17 =-1
Market Sentiment -3
The sharemarket is likely to fall, with weaker oil and metals prices seen weighing down on resource firms.
Friday, July 4, 2008
Market Sentiment
Nasdaq -6 =-1
S&P 500 1=1
Ftse 50 =1
Nikkei -21=-1
Futures 14 =1
Market Sentiment 5
The Australian share market is expected to open higher today after the Dow rose on Wall Street overnight.
At 0720 AEST on the Sydney Futures exchange, the September share price index was up 14 points to 5,014.
In equities today, energy firms are likely to rise after oil prices rushed to record over $145 a barrel on Thursday, extending a rally that has added 50 percent to prices this year.
Mining firms may decline after a stronger U.S. dollar weighed down on metals prices, including gold and copper.
Thursday, July 3, 2008
Market Sentiment
Nasdaq -54 =-2
S&P 500 -23= -2
Ftse -54 =-1
Nikkei -177=-1
Futures -97 =-1
Market Sentiment -11
The Australian share market is expected to open lower after Wall Street stocks tumbled in volatile trade as crude oil prices raced to record highs above $US144 a barrel, triggering fresh economic jitters.
Wednesday, July 2, 2008
Market Sentiment
Nasdaq 12 =1
S&P 500 5= 1
Ftse -146 =-1
Nikkei -19=-1
Futures -8=-1
Market Sentiment 1
Reuters/AAP
Australian shares are likely to struggle as worries about high oil prices continue to dampen investor sentiment, though strong commodity prices may buoy the resource sector.
Tuesday, July 1, 2008
Market Sentiment
Nasdaq -23 =-1
S&P 500 2=1
Ftse 96 =1
Nikkei -63=-1
Futures 17=1
Market Sentiment 3
AAP, with Reuters
The Australian share market is expected to open higher on Tuesday after the Dow and S&P 500 finished slightly stronger on Wall Street overnight.
However, financial firms such as Macquarie Group may decline after their US counterparts fell on further negative analyst comments.
Monday, June 30, 2008
Market Sentiment
Nasdaq -6 =-1
S&P 500 –5=-1
Ftse 12 =1
Nikkei -278=-1
Futures -4=-1
Market Sentiment -7
AAP, with Reuters
The Australian share market is expected to open modestly lower after Wall Street fell on concerns that record oil prices and the seemingly endless credit crisis will further damage the economy.
Resource stocks may gain after commodities including oil, gold, copper and tin advanced.
Friday, June 27, 2008
Market Sentiment
Nasdaq 80 =-2
S&P 500 –39=-2
Ftse -148 =-1
Nikkei -8=-1
Futures -123=-1
Market Sentiment -11
AAP/Reuters
The Australian share market is expected to open significantly lower after US and European stocks slumped overnight on concerns that company profits will be hurt.
Resource stocks may gain after commodities including oil, gold and industrial metals advanced.
The big four banks could be back under pressure on Friday, after a strong rally in the previous session, after Goldman Sachs forecast more writedowns at top US banks
Thursday, June 26, 2008
Market Sentiment
Nasdaq 33 =1
S&P 500 8=1
Ftse 31 =1
Nikkei -20=-1
Futures 1=1
Market Sentiment 5
AAP
The Australian share market is expected to open higher after US stocks gained overnight as the Federal Reserve kept interest rates unchanged.
Resource stocks may fall after commodities including oil, gold and copper declined.
Wednesday, June 25, 2008
Market Sentiment
Nasdaq -17 =-1
S&P 500 -4=-1
Ftse -33 =-1
Nikkei -8=-1
Futures -53=-1
Market Sentiment -7
AAP/Reuters
The Australian share market is expected to open lower after industrial metals declined in London and US stocks fell overnight on weaker economic data .
Friday, June 20, 2008
Market Sentiment
Nasdaq 32 =2
S&P 500 5=1
Ftse -48 =-1
Nikkei -323=-1
Futures 28=1
Market Sentiment 4
Thursday, June 19, 2008
Market Sentiment
Nasdaq -28 =-1
S&P 500 -13=-1
Ftse -105 =-1
Nikkei 104=1
Futures -65=-1
Market Sentiment -7
Tuesday, June 17, 2008
Market Sentiment
Nasdaq 20 =1
S&P 500 Steady
Ftse -8 =-1
Nikkei 381=1
Futures -26=-1
Market Sentiment -2
Monday, June 16, 2008
Market Sentiment
Nasdaq 50 =2
S&P 500 20=2
Ftse 12 =1
Nikkei 85=1
Futures 54=1
Market Sentiment 11
Wednesday, June 11, 2008
Market Sentiment
Nasdaq -11 =-1
S&P 500 -3=-1
Ftse -50 =-1
Nikkei -160=-1
Futures -8=-1
Market Sentiment -3
Reuters/ AAP
Australian shares are set for a lacklustre start with falls in oil and metals prices seen pressuring resource stocks such as BHP Billiton Ltd .
However, financial firms such as Macquarie Group may bounce back from steep falls suffered in the previous session, limiting any downside.
Friday, June 6, 2008
Market Sentiment
Nasdaq 47 =2
S&P 500 27=2
Ftse 25 =1
Nikkei -54=-1
Futures 2=1
Market Sentiment 9
AAP
The Australian share market is expected to open higher after US stocks rallied sharply amid strong reports from retailers and data showed a surprising fall in weekly jobless claims.
Energy stocks will benefit from a large jump in the price of oil after falling sharply on Thursday.
Thursday, June 5, 2008
Market Sentiment
Nasdaq 23=1
S&P 500 -1=-1
Ftse -88=-1
Nikkei 226=1
Futures -29=-1
Market Sentiment -3
Reuters
Australian shares are set for a weaker start as falls in oil and metals prices weigh down on resource firms, while ongoing worries about rising inflation and slowing global growth may also dent sentiment.
Wednesday, June 4, 2008
Market Sentiment
Nasdaq -11=-1
S&P 500 -8=-1
Ftse 50=1
Nikkei -231=-1
Futures -25=-1
Market Sentiment -7
Reuters
Australian shares are set for a weaker open, with falls in oil and gold prices likely to pressure resource firms such as Woodside Petroleum Ltd .
While financial shares may recover after renewed worries about fallout from the credit crisis sent the sector tumbling in the previous session, sentiment is likely to remain cautious.
Tuesday, June 3, 2008
Market Sentiment
Nasdaq -31=-2
S&P 500 -15=-2
Ftse -46=-1
Nikkei 415=+1
Futures -65=-1
Market Sentiment -9
Reuters
Australian shares are set to fall, with financial firms such as Macquarie Group likely to lead declines on renewed worries about further fallout from the global credit crunch.
The downgrade of three US investment banks, an ouster of Wachovia's chief executive and a bleak UK housing-market outlook from a British lender reignited concerns that the credit crunch would continue to hurt the world economy.
Monday, June 2, 2008
Market Sentiment
Nasdaq 14=+1
S&P 500 2=+1
Ftse -15=-1
Nikkei 214=+1
Futures 15=+1
Market Sentiment +1
Reuters
Australian shares are set for a firmer start, with gains in oil and gold prices seen supporting resource firms such as Woodside Petroleum Ltd and Newcrest Mining .
But any upside is likely to be limited following a lacklustre performance on Wall Street last Friday, and investors remain concerned about the impact of rising oil prices on inflation, consumer spending and economic growth.
Friday, May 30, 2008
Market Sentiment
Nasdaq 22=+1
S&P 500 7=+1
Ftse -2=-1
Nikkei 415=+1
Futures -20=-1
Market Sentiment +5
Reuters
Australian shares are likely to open flat, after rising more than 1 per cent the previous day, with a positive lead from Wall Street offset by weaker resource stocks after metals and oil prices fell.
Thursday, May 29, 2008
Market Sentiment
Nasdaq 5=+1
S&P 500 5=+1
Ftse 11=+1
Nikkei -184=-1
Futures 39=+1
Market Sentiment +5
AAP
The Australian Share Market may open higher after US stocks gained overnight on a stronger-than-expected durable manufactured goods report.
Declines in all industrial metals prices may weigh on resource stocks, however.
Wednesday, May 28, 2008
Market Sentiment
Nasdaq 37=+2
S&P 500 9=+1
Ftse -29=-1
Nikkei 203=+1
Futures 19=+1
Market Sentiment +8
Reuters/AAP
Australian shares are expected to rise, after a drop in oil prices helped ease worries about slowing consumer and business spending, driving US stocks higher, though weaker commodity prices may pressure the resource sector.
Tuesday, May 27, 2008
Market Sentiment
Nasdaq closed
S&P 500 closed
Ftse closed
Nikkei -322=-1
Futures 4=+1
Market Sentiment even
Reuters
Australian shares are set for a flat open, after falling more than 1 per cent in the previous session, though a further rise in oil prices may buoy energy firms.
Trading volumes are expected to be thin as Wall Street and the London Metal Exchange were closed for a public holiday on Monday.
Monday, May 26, 2008
Market Sentiment
Nasdaq -20=-1
S&P 500 -18=-2
Ftse -94=-1
Nikkei 34=1
Futures -65=-1
Market Sentiment - 8
Reuters
Australian shares are set for a weak start, with sentiment hurt by falls on Wall Street, though stronger oil and gold prices may lend support to the resource sector.
Market Sentiment
Nasdaq -20=-1
S&P 500 -18=-2
Ftse -94=-1
Nikkei 34=1
Futures -65=-1
Market Sentiment 8
Reuters
Australian shares are set for a weak start, with sentiment hurt by falls on Wall Street, though stronger oil and gold prices may lend support to the resource sector.
Friday, May 23, 2008
Market Sentiment
Nasdaq 16=1
S&P 500 4=1
Ftse -17=-1
Nikkei 52=1
Futures -7=-1
Market Sentiment 3
Reuters
Australian shares are set for a lacklustre start, with falls in oil and metals prices seen weighing down on resource firms, though gains on Wall Street are likely to limit losses.
Thursday, May 22, 2008
Market Sentiment
Nasdaq -44=-2
S&P 500 -23=-2
Ftse 7=1
Nikkei -234=-1
Futures -80=-1
Market Sentiment -9
Reuters
NEW YORK, May 21 (Reuters) - Oil prices surged $US5 to a record over $US134 a barrel after a US government report showed a surprise drop in crude stockpiles, reinvigorating fears of a supply crunch.
Wednesday, May 21, 2008
Market Sentiment
Nasdaq -24=-2
S&P 500 -13=-2
Ftse -185=-1
Nikkei -110=-1
Futures -76=-1
Market Sentiment -11
AAP
The Australian share market is expected to open more than one per cent lower after rising consumer price data in the US hurt Wall Street and metals prices fell overnight in London.
Tuesday, May 20, 2008
Market Sentiment
Nasdaq -13=-1
S&P 500 1=1
Ftse 74=1
Nikkei 50=1
Futures -15=-1
Market Sentiment 3
Reuters
Australian shares are likely to end a four-session winning streak on Tuesday, with falls in industrial metals seen pressuring miners, though energy firms may continue to find support in high oil prices.
Monday, May 19, 2008
Market Sentiment
Nasdaq -5=-1
S&P 500 2=1
Ftse 53=1
Nikkei -32=-1
Futures 22=1
Market Sentiment -1
AAP
The Australian share market is expected to open higher on a flat lead from Wall Street and higher commodity prices.
Friday, May 16, 2008
Market Sentiment
Nasdaq 37=2
S&P 500 15=2
Ftse 36=1
Nikkei 133=1
Futures 66=1
Market Sentiment 11
AAP
The Australian market has received positive leads all around this morning, with Wall Street up markedly, base metal prices in London also very robust, and the futures index in Sydney also points the market higher.
Thursday, May 15, 2008
Market Sentimwnt
Nasdaq 2=1
S&P 500 6=1
Ftse 4=1
Nikkei 165=1
Futures 11=1
Market Sentiment 9
AAP/Reuters
The Australian market has received mixed leads from overseas overnight, with Wall Street up but base metals down in London.
But in Sydney, the futures index was up. At 0708 AEST, on the Sydney Futures exchange, the June share price index was up eleven points
Wednesday, May 14, 2008
Market Sentiment
Nasdaq -7=-1
S&P 500 -1=-1
Ftse -9=-1
Nikkei 210=1
Futures 1=1
Market Sentiment -3
AAP
The Australian share market has received mixed lead from Wall Street, with the Dow Jones index down 0.34 per cent, the blue chip S&P500 index barely changed and the Nasdaq technical index up slightly.
But resources stocks may receive a boost from strong base metal prices in London Tuesday night.
The lead from the futures index in Sydney is mildly positive.
Tuesday, May 13, 2008
Market Sentiment
Nasdaq 43=2
S&P 500 15=2
Ftse 16=1
Nikkei 88=1
Futures 56=1
Market Sentiment 11
AAP
The Australian stock market is expected to open higher on Tuesday, with Wall Street and base metals in London offering positive leads Monday night, and the SPI futures
Monday, May 12, 2008
Market Sentiment
Nasdaq -6=-1
S&P 500 -9=-1
Ftse -66=-1
Nikkei -288=-1
Futures -11=-1
Market Sentiment -9
AAP
The Australian stock market is expected to open lower today, with Wall Street and base metals in London offering negative leads on Friday, and the SPI futures index in Sydney down slightly.
Friday, May 9, 2008
Markey Sentiment
Nasdaq 13=+1
S&P 500 5=+1
Ftse 10=+1
Nikkei -159=-1
Futures -3=-1
Market Sentiment +5
AAP
The Australian stock market is expected to open slightly lower according to the SPI futures index in Sydney, but Wall Street points the way higher, following a surge in global commodity prices.
Thursday, May 8, 2008
Market Sentiment
Nasdaq -45=-2
S&P 500 -26=-2
Ftse 46=+1
Nikkei 53=+1
Futures -74=-1
Market Sentiment -7
AAP
The Australian stock market is expected to open lower, following Wall Street and drops in base metals prices in London overnight.
Wednesday, May 7, 2008
Market Sentiment
Nasdaq 19=+1
S&P 500 11=+1
Ftse -1=-1
Nikkei closed
Futures -38=-1
Market Sentiment +4
AAP
The Australian stock market is expected to open firmer on the back of a positive finish on Wall Street overnight and a surge in metals prices.
Tuesday, May 6, 2008
Market Sentiment
Nasdaq -13=-1
S&P 500 -6=-1
Ftse closed
Nikkei closed
Futures -3=-1
Market Sentiment -7
Reuters
Australian shares are set for a flat open, with energy firms likely to benefit from record high oil prices, offsetting weakness in the financial sector.
Financial firms may come under pressure after their US peers fell on worries that Bank of America Corp , the No. 2 US bank, would scrap its deal to buy Countrywide Financial Corp , the largest US mortgage company.
Bank of America Corp, however, said after the closing bell on Wall Street that it remains committed to acquiring Countrywide.
Monday, May 5, 2008
Market Sentiment
Nasdaq -4=-1
S&P 500 5=+1
Ftse 128=+1
Nikkei 282=+1
Futures 60=+1
Market Sentiment +5
THE sharemarket is tipped to continue its recovery today, opening as much as 50 points higher, after US labour market figures eased fears of a deep downturn in America.
Investors this week will focus on the Reserve Bank of Australia's monthly board meeting amid expectations it will leave official interest rates unchanged.
In addition, house prices figures, jobs data and interim results from two of the big banks - National Australia Bank and St George - will provide an insight into the domestic economy.
Friday, May 2, 2008
Market Sentiment
Nasdaq 68=+2
S&P 500 24=+24
Ftse closed
Nikkei -83=-1
Futures 71=+1
Market Sentiment +8
Thursday, May 1, 2008
Market Sentiment
Nasdaq -13=-1
S&P 500 -5=-1
Ftse -2=1
Nikkei -44=-1
Futures -30
Market Sentiment -7
Wednesday, April 30, 2008
Market Sentiment
Nasdaq +2=+1
S&P 500 -5=-1
Ftse -1=1
Nikkei 31=1
Futures -50
Market Sentiment -3
AAP
The Australian stock market is expected to open lower following a weak lead from Wall Street overnight.
Base metals prices closed lower in London which could weigh on local resources stocks.
Tuesday, April 29, 2008
Market Sentiment
Nasdaq +1=+1
S&P 500 -1=-1
Ftse -1=1
Nikkei 31=1
Futures steady
Market Sentiment -2
AAP
The Australian stock market has received mixed leads from overseas.
Wall Street ended little changed overnight, while base metals prices also were mixed.
At 0719 AEST, on the Sydney Futures exchange, the June share price index was at 5,650.
Today, the Housing Industry Association March quarter Trades Report is due.
In equities, BT Investment Management Ltd releases interim results and Centennial Coal Company Ltd's third quarter production report is due.
Aristocrat Leisure Ltd and Petsec Energy Ltd hold annual general meetings and ABN Amro holds its 7th annual communications conference in Sydney.
Monday, April 28, 2008
Market Sentiment
Nasdaq -6=-1
S&P 500 9=1
Ftse 41=1
Nikkei 322=1
Futures 90=1
Market Sentiment +5
Thursday, April 24, 2008
Wednesday, April 23, 2008
Market Sentiment
Nasdaq -31=-2
S&P 500 -12=-1
Ftse -18=-1
Nikkei -149=-1
Futures -17=-1
Market Sentiment -10
AAP
The Australian share market is expected to open lower this morning after US stocks sank overnight on rising oil prices and worries about inflation and consumer spending.
At 0703 AEST, on the Sydney Futures exchange, the June share price index was 17 points lower at 5,583 on a volume of 1,004 contracts.
In news today, the Australian Bureau of Statistics releases the consumer price index data for the March quarter.
Tuesday, April 22, 2008
Market Sentiment
Nasdaq +5=1
S&P 500 -2=-1
Ftse -4=-1
Nikkei 220=1
Futures -19=-1
Market Sentiment -3
Monday, April 21, 2008
Market Sentiment
Nasdaq +61=2
S&P 500 +25=2
Ftse +76=1
Nikkei 78=1
Futures 79=1
Market Sentiment +11
Friday, April 18, 2008
Market Sentiment
Nasdaq -8=-1
S&P 500 +1=1
Ftse -66=-1
Nikkei 252=1
Futures 11=1
Market Sentiment +3
Thursday, April 17, 2008
Market Sentiment
Nasdaq +64=2
S&P 500 +30=2
Ftse +139=1
Nikkei 156=1
Futures 150=1
Market Sentiment +11
Wednesday, April 16, 2008
Market Sentiment
Nasdaq +10=1
S&P 500 +6=1
Ftse +75=+1
Nikkei 73=+1
Futures 71=+1
Market Sentiment +9
Tuesday, April 15, 2008
Market Sentiment
Nasdaq -14=-1
S&P 500 -5=-1
Ftse -64=-1
Nikkei -406=-1
Futures -2=-1
Market Sentiment -7
Monday, April 14, 2008
Market Sentiment
Nasdaq -61=-2
S&P 500 -28=-2
Ftse -70=-1
Nikkei 378=+1
Futures -83=-1
Market Sentiment -9
AAP
The Australian share market is expected to open lower on Monday after a sharp drop on United States markets. CommSec chief equities economist Craig James said the Australian bourse would probably experience a "soggy start" on Monday.
"All the markets around the world are playing follow-the-leader with the US," he said.
"It seems as though it doesn't matter what's happening in terms of corporate news.
Friday, April 11, 2008
Market Sentiment
Nasdaq 30=+2
S&P 500 6=+1
Ftse -19=-1
Nikkei -167=-1
Futures 2=+1
Market Sentiment +6
AAP
The Australian share market has received positive but indifferent leads from Wall Street leading into opening this morning, although the high-tech Nasdaq index was up more than one per cent.
In London, base metals were down.
There was little clue from futures trading in Sydney, either. On the Sydney Futures exchange, the June share price index at 0658 AEST was up one point at 5481.
There is no major data due for release in Australia today.
Thursday, April 10, 2008
Market Sentiment
Nasdaq -27=-1
S&P 500 -11=-1
Ftse -6=-1
Nikkei -139=-1
Futures -8=-1
Market Sentiment -7
AAP/Reuters
The Australian share market is expected to open lower today following falls on Wall Street and increased price of oil which set a new record at $112 per barrel.
Casting a gloomy outlook on global growth, the International Monetary Fund forecast the US economy will tip into recession this year and said there is a 25 percent chance that world growth will slow to three per cent or less.
Wednesday, April 9, 2008
Market Sentiment
Nasdaq -16=-1
S&P 500 -7=-1
Ftse -25=-1
Nikkei -200=-1
Futures 45=+1
Market Sentiment -5
THE share market closed down yesterday after profit-taking ended six consecutive trading days of gains.
Reuters/AAP
Australian shares are set for a firmer open, buoyed by gains in BHP Billiton Ltd and on market talk that Baoshan Iron and Steel Co was looking to buy a stake in the world's top miner.
Tuesday, April 8, 2008
Market Sentiment
Nasdaq 8=+1
S&P 500 2=+1
Ftse 68=+1
Nikkei 157=+1
Futures -3=-1
Market Sentiment +5
SYDNEY, April 8 (Reuters) - Australian shares are set for a
steady start on Tuesday, though commodity firms such as Newcrest
Mining and Woodside Petroleum Ltd may gain on
rising gold and oil prices.
But any upside is likely to be limited as a jump in oil
prices stoked concerns that corporate profits will suffer,
weighing down on Wall Street [.N].
Monday, April 7, 2008
Market Sentiment
Nasdaq 8=+1
S&P 500 1=+1
Ftse 56=+1
Nikkei -97=-1
Futures 39=+1
Market Sentiment +1
Friday, April 4, 2008
Market Sentiment
Nasdaq 2=+1
S&P 500 2=+1
Ftse -25=-1
Nikkei 200=+1
Futures 85=+1
Market Sentiment +5
Thursday, April 3, 2008
Market Sentiment
Nasdaq -1=-1
S&P 500 -3=-1
Ftse 63=+1
Nikkei 533=+1
Futures 21=+1
Market Sentiment -1
IF the world economy unfolds in the way economic models say that it should, Australia will have little to fear from the downturn in the US.
It may even lead to an increased flow of capital into Australia, according to RBA director and ANU economics professor Warwick McKibbin. But while McKibbin expects a largely benign outcome for Australia, he says there are risks in the way the world financial crisis is evolving.
But the continued growth of China, India, elsewhere in Asia and in eastern Europe will keep the commodities boom powering ahead. "Australia is having its biggest positive terms of trade shock in living memory. That is generating an enormous amount of income for the Australian economy and it is not obvious that it is going away any time soon. The challenge to government policy is how to manage that shock, not how to manage the recession in the US," he says.
Wednesday, April 2, 2008
Market Sentiment
Nasdaq 84=+2
S&P 500 48=+2
Ftse 151=+1
Nikkei 151=+1
Futures 47=+1
Market Sentiment +11
U.S. stocks shot up the most in two weeks on Tuesday after strong demand
for a Lehman Brothers share offering quelled fears it was headed toward
a fate similar to Bear Stearns and raised optimism that the worst of
the credit crisis may be over.
Tuesday, April 1, 2008
Market Sentiment
Nasdaq 18=+1
S&P 500 7=+1
Ftse 9=+1
Nikkei -295=-1
Futures 14=+1
Market Sentiment +5
U.S. Last night It was a fairly tame end to the first quarter of 2008 – and the worst quarter since Q3 of 2002 for US equities. The session started off just like the quarter did, with talk of massive write-downs pushing the bid in bonds and seeing equities heavy.
Monday, March 31, 2008
Maeket Sentiment
Nasdaq -20=-1
S&P 500 -11=-1
Ftse -25=-1
Nikkei 216=+1
Futures -49=-1
Market Sentiment -7
Friday, March 28, 2008
Market Sentiment
Nasdaq -43=-2
S&P 500 -15=-2
Ftse 57=+1
Nikkei -102=-1
Futures -41=-1
Market Sentiment -9
Thursday, March 27, 2008
Market Sentiment
Nasdaq -17=-1
S&P 500 -12=-1
Ftse -29=-1
Nikkei -39=-1
Futures -38=-1
Market Sentiment -9
Wednesday, March 26, 2008
Market Sentiment
Nasdaq 14=+1
S&P 500 +3=+1
Ftse 194=+1
Nikkei 265=+1
Futures 12=+1
Market Sentiment +3
Market Sentiment
Nasdaq 14=+1
S&P 500 +3=+1
Ftse 194=+1
Nikkei 265=+1
Futures 12=+1
Market Sentiment +3
Tuesday, March 25, 2008
Market Sentiment
Nasdaq -69=+2
S&P 500 +20=+2
Ftse -50=-1
Nikkei -2=-1
Futures 11=+1
Market Sentiment +7
Thursday, March 20, 2008
Market Sentiment
Nasdaq -58=-2
S&P 500 -32=-2
Ftse -60=-1
Nikkei 296=+1
Futures -100=-1
Market Sentiment -9
Wednesday, March 19, 2008
Market Sentiment
Nasdaq 91=+2
S&P 500 54=+2
Ftse 191=+1
Nikkei 273=+1
Futures 148=+1
Market Sentiment 11
Tuesday, March 18, 2008
Market Sentiment
Nasdaq -35=-2
S&P 500 -12=-1
Ftse -217=-1
Nikkei -454=-1
Futures +4=+1
Market Sentiment -2
FOR investors in the country's blue-chip financial stocks it is as if the past three years never happened.
Banking stocks have been roasted since the credit crisis spilled into equity markets last November, and the announcement yesterday by JPMorgan Chase that it had agreed to buy Bear Stearns, once a pillar of US finance, for the scrap-yard price of $US2 a share did not help. A year ago Bear Stearns shares were worth $US170.
Monday, March 17, 2008
Market Sentiment
Nasdaq -51=-2
S&P 500 -27=-2
Ftse -61=-1
Nikkei -192=-1
Futures -36=-1
Market Sentiment -11
The Australian stock market is expected to open as much as 40 points lower on Monday after fresh concerns over the severity of the credit crisis emerged on Wall Street on Friday.
With little local economic news due this week, investors will be focused even more closely on US economic prospects and Wall Street's leads.
US stocks tumbled on Friday after a plan to alleviate a liquidity crisis at Bear Stearns Companies touched off new fears at the extent of the credit crunch.
Wednesday, March 5, 2008
Market Sentiment
Nasdaq +1=+1
S&P 500 -5=-1
Ftse -51=-1
Nikkei Steady
Futures -46=-1
Market Sentiment -4
As I am on holidays until the 16/3 the Market Sentiment may not be posted daily.I will post whenever i can get to a computer.
Arthur
Tuesday, March 4, 2008
Market Sentiment
Nasdaq -13=-1
S&P 500 +1=+1
Ftse -66=-1
Nikkei -611=-1
Futures -9=+1
Market Sentiment -3
Monday, March 3, 2008
Market Sentiment
Nasdaq -60=-2
S&P 500 -37=-2
Ftse -81=-1
Nikkei -322=-1
Futures -144=-1
Market Sentiment -11
The Australian share market is expected to open lower following a weak performance on Wall Street and continued negative commentary, particularly on higher borrowing costs for banks.
Friday, February 29, 2008
Market Sentiment
Nasdaq -22=-1
S&P 500 -12=-1
Ftse -111=-1
Nikkei -106=-1
Futures -42=-1
Market Sentiment -9
Thursday, February 28, 2008
Market Sentiment
Nasdaq 9=+1
S&P 500 -1=-1
Ftse -11=-1
Nikkei 207=+1
Futures -36=-1
Market Sentiment +1
Wednesday, February 27, 2008
Market Sentiment
Nasdaq 18=+1
S&P 500 9=+1
Ftse 88=+1
Nikkei -90=-1
Futures 60=+1
Market Sentiment +7
THE sharemarket closed in the black again - that's two up days in a row - following a good US lead, with banks and consumer staples performing strongly
Tuesday, February 26, 2008
Market Sentiment
Nasdaq 24=+1
S&P 500 19=+2
Ftse 111=+1
Nikkei 414=+1
Futures 71=+1
Market Sentiment +10
Monday, February 25, 2008
Market Sentiment
Nasdaq 4=+1
S&P 500 11=+1
Ftse -44=-1
Nikkei -188=-1
Futures 43=+1
Market Sentiment 5
Friday, February 22, 2008
Market Sentiment
Nasdaq -27=-1
S&P 500 -18=-2
Ftse 39=+1
Nikkei 378=+1
Futures -51=-1
Market Sentiment -6
THE sharemarket recovered most of Wednesday's losses yesterday but that is the way ping-pong balls bounce down the stairs.
Still, there were solid earnings results from Telstra, Qantas, Fairfax and other big companies, along with a stronger resources sector and buoyant US market
Thursday, February 21, 2008
Market Sentiment
Nasdaq 21=+1
S&P 500 11=+1
Ftse -73=-1
Nikkei -448=-1
Futures 68=+1
Market Sentiment +5
Wednesday, February 20, 2008
Market Sentiment
Nasdaq -16=-1
S&P 500 -1=-1
Ftse 20=+1
Nikkei 22=+1
Futures -8=-1
Market Sentiment -3
THE Australian economy is so strong that an official cash rate of 8 per cent could be needed to bring inflation under control, after the Reserve Bank indicated further policy tightenings would occur this year.
Minutes of the RBA's February meeting released yesterday show the board argued the merits of a 50 basis point increase -- rather than the 25 basis point rise delivered -- as a way to rein in excessive spending in the economy
Tuesday, February 19, 2008
Markrt Sentiment
Nasdaq holiday
S&P 500 holiday
Ftse 159=+1
Nikkei 13=+1
Futures -10=-1
Market Sentiment +1
Monday, February 18, 2008
Market Sentiment
Nasdaq -11=-1
S&P 500 1=+1
Ftse -92=-1
Nikkei -4=-1
Futures -7=-1
Market Sentiment -5
A MIXED opening is expected for the Australian share market today as investors prepare to digest a barrage of earnings results through the week.
Investors will be keen to hear the profit outlooks delivered by more than 50 companies due to report their interim results.
Friday, February 15, 2008
Market Sentiment
Nasdaq -41=-2
S&P 500 - 18=-2
Ftse -1=-1
Nikkei 558=+1
Futures -88=-1
Market Sentiment -9
Thursday, February 14, 2008
Market Sentiment
Nasdaq 54=+2
S&P 500 18=+2
Ftse -30=-1
Nikkei 46=+1
Futures 57=+1
Market Sentiment +9
Wednesday, February 13, 2008
Market Sentiment
Nasdaq S=0
S&P 500 10=+1
Ftse 202=+1
Nikkei 5=+1
Futures 65=+1
Market Sentiment +8
THE 2008 reporting season has turned into one of the roughest for Australian companies, which are being dumped by unforgiving investors worried by the business fallout from the credit crunch, regardless of good or bad results.
Although the share market finished more than 1 per cent higher, stocks that reported yesteday were sold down
Tuesday, February 12, 2008
Market Sentiment
Nasdaq 15=+1
S&P 500 8=+1
Ftse -76=-1
Nikkei -190=-1
Futures 36=+1
Market Sentiment +5
Friday, February 8, 2008
Market Sentiment
Nasdaq 14=+1
S&P 500 10=+1
Ftse -151=-1
Nikkei 108=+1
Futures 28=+1
Market Sentiment +5
Thursday, February 7, 2008
Market Sentiment
Nasdaq -31=-2
S&P 500 -10=-1
Ftse +7=+1
Nikkei -646=-1
Futures 6=+1
Market Sentiment -6
Wednesday, February 6, 2008
Market Sentiment
Nasdaq -72=-2
S&P 500 -44=-2
Ftse -158=-1
Nikkei -114=-1
Futures -156=-1
Market Sentiment -11
Tuesday, February 5, 2008
Market Sentiment
Nasdaq -31=-1
S&P 500 -15=-2
Ftse -3=-1
Nikkei 363=+1
Futures -69=-1
Market Sentiment -9
Homebuyers can expect to be repaying around $50 extra per month on an average mortgage after the Reserve Bank of Australia (RBA) board meeting.
The RBA is widely tipped to raise its key interest cash rate by a quarter of a percentage point at 2.30pm (AEDT) after the meeting in a further attempt to rein in inflation.
Economists expect the RBA will raise its cash rate to an 11-year high of 7.0 per cent from 6.75 per cent, its 11th consecutive increase since 2002.
This would make the average standard variable mortgage rate around 8.85 per cent.
Monday, February 4, 2008
Market Sentiment
Nasdaq 24=+1
S&P 500 17=+2
Ftse 149=+1
Nikkei -95=-1
Futures 202=+1
Market Sentiment +8
AUSTRALIAN stock valuations are set to continue their upward trajectory this week following a strong Wall Street last week but an expected interest rate rise mid-week may dampen enthusiasm on the local bourse.
The mooted mega-mergers of BHP and Rio, and Microsoft and Yahoo, have helped to boost sentiment.
Friday, February 1, 2008
Market Sentiment
Nasdaq 41=+2
S&P 500 23=+2
Ftse 43=+1
Nikkei 247=+1
Futures 77=+1
Market Sentiment 11
Thursday, January 31, 2008
Market Sentiment 31ST JANUARY CORRECTION
Dow -37=-2
Nasdaq -9=-1
S&P 500 -6=-1
Ftse -48=-1
Nikkei -134=-1
Futures -12=-1
Market Sentiment -7
Market Sentiment
Nasdaq 7=+1
S&P 500 -4=-1
Ftse -48=-1
Nikkei -134=-1
Futures 7=+1
Market Sentiment +1
Friday, January 25, 2008
Market Sentiment
Nasdaq 45=+2
S&P 500 13=+1
Ftse 267=+1
Nikkei 256=+1
Futures 76=+1
Market Sentiment +10
Australian shares are poised to
climb for a third straight day on Friday after Wall Street rose
on hopes a newly agreed U.S. government stimulus package would
head off a recession and pushed up oil and metals prices.
Stock index futures pointed to a higher opening, rising 1.4
percent to 5,619.0, 38.6 points above the underlying benchmark
S&P/ASX 200 index <.AXJO>, which finished up 3 percent on
Thursday.
Despite climbing nearly 8 percent over the past two sessions,
the market is still 3 percent short of clawing back all of the
week's losses.
Stronger copper and oil prices should propel the world's
biggest miner, BHP Billiton , and other mining and energy
stocks higher and steer the broader market upward.
BHP's New York-traded shares jumped 3.1 percent to
A$62.29, equating to a price of around A$35.19 for its local
shares, 37 cents above their close on Thursday.
Thursday, January 24, 2008
Market Sentiment
Nasdaq 24=+1
S&P 500 28=+2
Ftse -130=-1
Nikkei 256=+1
Futures 91=+1
Market Sentiment +8
Australia's core inflation rate accelerated to its fastest pace in 16 years last quarter, adding greatly to the domestic case for a rise in interest rates even as turmoil in global markets seemed to argue against one
Wednesday, January 23, 2008
Market Sentiment
Nasdaq -48=-2
S&P 500 -15=-2
Ftse 162=+1
Nikkei -753=-1
Futures 184=+1
Market Sentiment -7
Blue chip stocks have plummeted, a major online broking website has crashed and investors have raced for the exit door as the Australian stock market suffered its worst one-day fall in more than 10 years, losing $96 billion.
Fear of a recession in the US, and the likely downside effect on global economic growth, has panicked markets from London to China and prompted a repricing of stocks.
Tuesday, January 22, 2008
Market Sentiment
Nasdaq closed
S&P 500 closed
Ftse -324=-1
Nikkei -535=-1
Futures -158=-1
Market Sentiment -3
The Australian share market fell nearly 3 per cent on Monday, extending its longest losing streak in a quarter of a century, on renewed US recession fears and concern over the health of global financial markets.
Monday, January 21, 2008
Market Sentiment
Nasdaq -7=-1
S&P 500 -8=-1
Ftse -1=-1
Nikkei 78=+1
Futures -75=-1
Market Sentiment -7
Sunday, January 20, 2008
Continued from Market Pulse 19/01/08 Front Page
Friday, January 18, 2008
Market Sentiment
Nasdaq -48=-2
S&P 500 -40=-2
Ftse -41=-1
Nikkei 1=+1
Futures -157=-1
Market Sentiment -9
Thursday, January 17, 2008
Market Sentiment
Nasdaq -23=-1
S&P 500 -8=-1
Ftse -83=-1
Nikkei -468=-1
Futures -19=-1
Market Sentiment -7
Wednesday, January 16, 2008
Market Sentiment
Nasdaq -61=-2
S&P 500 -35=-2
Ftse -190=-1
Nikkei -138=-1
Futures -99=-1
Market Sentiment -11
Australian shares are set to
fall heavily in early trade on Wednesday, extending a run of
declines to an eighth session, after heavy losses on Wall Street
on a drop in U.S. retail sales and a big loss for Citigroup.
Australian share price index futures closed down 99
points to 5,852.0 ahead of the market opening, a discount of 108
points to Tuesday's close in the underlying Australian S&P/ASX
200 index
Tuesday, January 15, 2008
Market Sentiment
Nasdaq 38=+2
S&P 500 15=+2
Ftse 14=+1
Nikkei closed
Futures 61=+1
Market Sentiment +10
The Australian share market is
expected to open higher on Tuesday, breaking a six-session losing
streak, after markets rebounded on Wall Street, while the big
miners could rise on firmer commodities prices.
All the major U.S. stock indexes rose by over 1 percent on
Monday, helped by strong results from IBM that eased some
of the worries about the economy that hit the market last week.
Monday, January 14, 2008
Market Sentiment
Nasdaq -49=-2
S&P 500 -21=-2
Ftse -47=-1
Nikkei -277=-1
Futures -47=-1
Market Sentiment -11
THE Australian sharemarket is set to plunge further into the red this morning, after investors suffered a major case of nerves on Wall Street on Friday.
So far this year the Australian bourse has shed almost 6 per cent of its value, making it the worst start in 17 years and today it is expected to extend its losing streak to six consecutive trading days.
Strategists are punting on the sharemarket losing as much as 50 points in early trading on mounting fears about the effect of the US economy sliding into recession.
Friday, January 11, 2008
Market Sentiment
Nasdaq 14=+1
S&P 500 11=+1
Ftse -1=-1
Nikkei -211=-1
Futures 40=+1
Market Sentiment 5
THE stockmarket closed down - but only a little bit - for the fourth day in a row yesterday, amid continuing fears of a recession in the United States.
The ASX 200 index closed down 9 points at 6078.7, while the All Ordinaries had lost 12.2 to 6147.3.
Thursday, January 10, 2008
Market Sentiment
Nasdaq 34=+2
S&P 500 19=+2
Ftse -84=-1
Nikkei 70=1
Futures 44=+1
Market Sentiment 9
Wednesday, January 9, 2008
Market Sentiment
Nasdaq -59=-2
S&P 500 -26=-2
Ftse 21=1
Nikkei 28=1
Futures -75=-1
Market Sentiment -7
Tuesday, January 8, 2008
Market Sentiment
Nasdaq -5=-1
S&P 500 5=+1
Ftse -13=-1
Nikkei -191=-1
Futures -19=-1
Market Sentiment -1
THE sharemarket finished in a sea of red yesterday, dragged down by a steep drop in US equity markets following the release of higher than expected unemployment figures.
Other factors hampering the local market included lower base metal and oil prices on Friday.
Monday, January 7, 2008
Market Sentiment
Nasdaq -98=-2
S&P 500 -36=-2
Ftse -131=-1
Nikkei -616=-1
Futures -141=-1
Market Sentiment -11
Friday, January 4, 2008
Market Sentiment
Nasdaq -7=-1
S&P 500 even
Ftse 63=+1
Nikkei n/a
Futures -19=-1
Market Sentiment 1
Thursday, January 3, 2008
Market Sentiment
Nasdaq -43=-2
S&P 500 -21=-2
Ftse -40=-1
Nikkei n/a
Futures -83=-1
Market Sentiment -10
Wednesday, January 2, 2008
Market Sentiment
Nasdaq -22=-1
S&P 500 -10=-1
Ftse -20=-1
Nikkei -256=-1
Futures n/a
Market Sentiment -8