Here’s a super-quick guide to what traders are talking about right now (AMZN, AAPL, AMD)

June 19, 2017 9:00 am
Want create site? Find Free WordPress Themes and plugins.

Dave Lutz, head of ETFs at JonesTrading, has an overview of markets this Monday:

Here's Lutz:

Good Morning! US Futures in rally mode, with mega-tech leading us to upside as NDX gains 60bp into the White House meeting of Tech Executives. AMD, NVDA, AAPL, AMZN all up ~1%+ carrying the sector north. All Green in Europe, where the DAX is up 90bp and just off all-time highs - France jumping 1% as Macron padded his majority in the French Assembly - Fins leading, while retailers seeing a tentative rebound. Industrials are jumping behind third Point/Philips headers, while Autos are in rally mode. FTSE up 50bp with Ocado rallying in London as AMZN-WFM sparks animal spirits/ Volumes are pacing a “summer Monday” level tho, with most exchanges 10-20% light in turnover. Strong rallies in Asia, with Nikkei up 70bp - Hang Seng up 1.2% - Shanghai up 70bp ahead of MSCI decision tomorrow, and Aussie up 50bp despite retailers getting smoked on AMZN, and Moody’s downgrades their banks

The 10YY remains at a depressed 2.15% level into Multiple Fed Speakers this week, but the DXY is starting on the back foot. Sterling above 7-month lows as Brexit talks begin, while Euro jumping on yet another populist electoral defeat. $/Y higher on weaker export data, while the Greenback is gaining against Aussie as the Bank downgrades weigh. Ore up 2% on headers of Wealth Management firms being allowed to invest in metals - that is dragging Copper 1% higher, while Gold drifts near one-month lows. Oil hovering just above 6-week lows, while Gasoline is adding 1% after last week’s inventory inspired weakness. Natty tho is getting smoked for 5% as milder weather in the mid-west sparks selling.

SEE ALSO: 10 things you need to know about the markets today

Join the conversation about this story »

NOW WATCH: An economist explains the key issues that Trump needs to address to boost the economy

Did you find apk for android? You can find new Free Android Games and apps.

HEADLINES

Wild swings, lack of liquidity keeping U.S. funds ... A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in...
3 Dividend Stocks for Daring Investors When you're getting paid to own a stock, as income investors like to do, throwing a bit of dash into your portfolio isn't a bad idea. Yo...
Marissa Mayer is taking $23 million and moving on ... Marissa Mayer has resigned as Yahoo's CEO after running the company for about five years. She'll walk away with a $23 million package now ...
So long, Yahoo. Hello … Altaba? Timeline: The rise and fall of Yahoo What on earth is Altaba? This odd-sounding moniker (AltabaVista? Jessica Altaba?) is the new name for...
3 Tech Stocks Under $10 to Buy Now Shutterstock photo Here at Za...
One analyst just downgraded Alphabet even though b... Google's stock price has made investors happy this year. It has been helping propel the growth of the red-hot tech sector as well as the broade...
There’s a reason markets don’t believe the Fed wil... Federal Reserve officials have raised interest rates for the second time this year and have indicated their intention to hike borrowing costs at lea...
Vineyards in France suffer biggest loss in decades Vineyards in France suffer biggest loss in decades Get short URL Spring frost has ravaged production in some of France’s most fam...
s2Member®