QTWW, CLNO, YRCW, PBIO - Market Watch From BestOtc.com!
GBP USD under Pressure Following Weekly Reversal Top
U.S. GDP Higher, but Misses Estimate; Overbought Conditions May Pressure Euro
Stocks Eke Out Small Gains, Canadian Dollar Feeling Pressure
Gold under Pressure as U.S. Dollar Mounts Strong Rally
Weakening U.S. Economy Keeping Pressure on Equities
On Thursday, the December E-mini S&P 500 came dangerously close to breaking sharply lower, but like clockwork, buyers came in on the dip to save the day. For the third time since September 21, however, the market made a closing price reversal top, indicating that investors aren’t shy about liquidating on rallies.
Economic Woes Pressure U.S. Stocks, Dollar Overnight
U.S. equity markets are trading flat to lower overnight amid concerns the markets have little strong economic news to use as a catalyst to launch them higher. The U.S. Dollar is also trading weaker, driven down by a stronger Euro and Japanese Yen on worries the U.S. economic outlook remains bleak.