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Germany continues to report over 20,000 new COVID-19 infections daily, but the ZEW economic sentiment indicator for December surged amid misplaced hopes that a vaccine will lead to a swift recovery.
The S&P 500 fell significantly during the trading session in order to wipe out the last couple of sessions, but at the end of the day we are still very much in an uptrend.
The NASDAQ 100 broke down significantly during the trading session on Tuesday as the “risk off” trade came back into play, and the NASDAQ 100 got absolutely crushed.
In early trading this morning, the DAX Index has produced another solid leg upwards and its positive momentum is evident for all speculators to see.
The NASDAQ 100 pulled back a bit during the trading session initially on Tuesday only to turn around and show signs of strength again.
The S&P 500 initially pulled back during the trading session on Tuesday but then found buyers to send this market much higher, breaking above the 3700 level as we closed out the session.
While Germany posted better-than-expected industrial production for October, it was before Chancellor Angela Merkel imposed a second nationwide lockdown.
The NASDAQ 100 initially dropped a bit during the trading session on Monday, but then rallied significantly.
The S&P 500 fluctuated during the trading session on Monday to kick off the week in what has been a rather volatile situation.
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The DAX Index has been within a pitched battle to attain higher values the past week and has failed to attain new highs.
The NASDAQ 100 fluctuated during the trading session on Friday, and a relatively tight candlestick was formed.
The S&P 500 rallied rather significantly during the trading session on Friday.
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The market will be looking at the 3600 level with special interest as there has been so much in the way of resistance
The NASDAQ 100 initially tried to rally during the trading session on Thursday but gave back the gains as the markets are waiting to see the jobs number on Friday.