Traders Edge – Tuesday 21st January

Ahead of the local open SPI futures were 5 points higher at 7031. Australian shares have powered to new highs for a fifth consecutive day as the unprecedented bull run continues. The benchmark S&P/ASX200 index finished Monday up 15.4 points, or 0.22 per cent, to...

Traders Edge – Tuesday 14th January

Apple, Alphabet and other tech favorites propelled Wall Street to record highs on Monday, fuelled by optimism about the signing of a preliminary US-China trade deal, as well as upcoming fourth-quarter earnings reports. Apple, Facebook Inc, Netflix Inc, Microsoft Corp...

Traders Edge – Monday 13th January

US stocks fell on Friday from record-high levels as investors took profit and data showed slower-than-expected December US jobs growth, but the major indexes posted gains for the week. Domestic jobs increased by 145,000 last month, below the forecast for a 164,000...

Traders Edge – Friday 10th January

Major US stock indexes registered record closing highs on Thursday as optimism about a US-China trade deal firmed and as Apple and other market heavyweights posted strong gains. Also helping the market were easing concerns over tensions between the US and Iran. US...

Traders Edge – Tuesday 7th January

Wall Street stocks shrugged off early weakness and pushed higher as investors weighed whether escalating US-Iran tensions would significantly affect the economy. Stocks opened the session lower, extending Friday’s skittishness following the US killing of Qasem...

Traders Edge – Monday 6th January

Wall Street’s major indexes fell from record highs on Friday after the attack on Soleimani ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the US manufacturing sector raised concerns of slowing economic growth. Friday’s...

Traders Edge – Friday 3rd January

Wall Street’s major indexes notched record highs to open the new year on Thursday, as fresh economic stimulus from China added to optimism fuelled by easing trade tensions and an improving global outlook. China’s central bank said on Wednesday it would cut...