U.S. Equity Markets erased losses in the final moments of trading as investors continued to gravitate to value shares. Treasury yields rose for a fifth day. The Dow Jones Industrial Average closed positive, while the S&P 500 was little changed and the NASDAQ ended in negative territory. The Dow had briefly turned up midday following a report that China is ready to buy more U.S. agricultural products. Areas of the market that were previously this year’s best performers fell the most. The opposite was true, too, with energy stocks gaining and small caps outperforming for a second day. Investors are awaiting the ECB’s policy decisions on Thursday and those next week by the Federal Reserve and Bank of England as they assess how much monetary easing may be looming. In other news a cross-party group is seeking a way out of the Brexit “nightmare” by working together to find a deal that can secure a majority in Parliament, suggesting a Northern Ireland-only backstop may be one answer. That would make the province the only part of the U.K. to remain aligned to European Union rules, allowing the free flow of goods over the land border with the Irish Republic until alternative arrangements can be agreed. Nick Boles, an independent member of Parliament who quit the Tories this year and worked with Boris Johnson when he was Mayor of London, said the Prime Minister “doesn’t care about anything other than power and glory for himself.” He will seek to remain in office by any means, Boles said.
To mark my 1900th issue of TraderNoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 4 updated emails throughout the trading day To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on email@example.com for details
For anyone following my Platinum Service it made 130 points yesterday and is now ahead by 495 points for September, having made 2387 points in August, 1153 points in July, 1346 points in June,1722 points in May, 955 points in April and 1027 points in March. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points
I have a YouTube Channel which contains recent interviews I have given. This can be viewed by clicking HERE Please subscribe to this for new interview notification