2.12 - are you ready for the end-of-the-year-analysis?
A new month is beginning, and it is going to be a busy one. Traders all around the world are going to want to squeeze in some trading before everyone leaves for Christmas and New Year’s celebration right in the end of the month.
It is also the end of the year, so we gave to start thinking about results that we had during the entire year. What have we achieved and what have we trade through this year? What experience have we gained in 2019 and what can help us in the future? All of these questions are to be answered by you by the time the clock strikes 12 on the night on January 1, 2020.
But of course, we still have time for that as right now we have to focus on the present. Of course over the long weekend that the USA had, we couldn’t possibly hope for the development of the trade war. Of course, the rest of the world was NOT resting and we can still see that the Chinese have pushed through their demands to the Americans. For example, we have learnt that the Chinese are hoping to have American trade tariffs rolled back during the first stage of the trade talks, which is pretty much impossible.
Of course we are waiting for the trade war to be resolved, as right now it is the most active mover of the market – nothing else quite has an influence like it. It is no wonder that we are waiting for it to be resolved as soon as possible.
Here are the numbers for the first slow day of the week:
Topix grew 1 percent.
Kospi advanced 0.1 percent.
Shanghai Composite was barely changed.
Hang Seng from Hong Kong grew 0.4 percent.
S&P 500 futures added 0.3 percent.
Euro was flat - $1.1017.
Pound added 0.1 percent - $1.2916.
Yen lost another 0.1 percent – 109.63 per dollar.
Canadian dollar lost 0.2 percent - $1.3294.
Tesla lost 0.4 percent - $329.94.
Apple decreased 0.2 percent - $267.25.
Facebook lost 0.2 percent – $201.64.
Amazon decreased 1 percent - $1800 per share.
Google declined 0.6 percent - $1304.09.
WTI recovered 1.6 percent - $56.1 per barrel.
Brent added 0.9 percent - $61.28 per barrel.
Gold dropped 0.3 percent - $1459.1 per ounce.
Silver decreased 0.6 percent - $16.9 per ounce.
Platinum grew 0.3 percent – $896.28.