Stocks Are On A Massive Winning Streak That Traders Are All Talking About Today

Continue to Business Insider »

You will be redirected in seconds.

Enter your email address and zip code to set up customized email alerts.You have successfully emailed the post.

Dave Lutz of Stifel, Nicolaus passes along the topics about which he is chatting about with traders.

The top topic: The Tuesday Streak.

Morning, US futures are starting slightly better today, as we go for 21 straight up Tuesdays for the DJIA.  This mirrors the slight bounce in EU Markets, as the DAX is near unchanged, but EU fins are jumping 1% as yields are dropping in the PIIGs.   The biggest overseas mover was the Nikkei, which jumped over 2% - it’s biggest one-day advance in 3 weeks – after being hit for over 1.6% in the morning session.   Most of the upside is attributed to Abe’s comments ahead of his presentation to Parliament tomorrow about Pension caps on Equity Investments being lifted.  Shanghai got hit for over 1% on light news flow as the street awaits a large data-dump from them Friday night – Aussie’s market added 25bp, despite the RBA standing pat on Interest Rates (Dovish outlook). 

Will we make it to 21? We'll see.

Please follow Money Game on Twitter and Facebook.
Follow Joe Weisenthal on Twitter.
Ask Joe A Question » Tags: Stocks | Get Alerts for these topics »

To embed this post, copy the code below and paste into your website or blog.

You are logged into Facebook

Social: |Your Activity | These articles have been shared on your timeline. You can remove them here: Options Notify me when a story is shared.

You are logged in with Google

Social: |Your Activity | These articles have been added to your Google activity log. You can remove them here: Options Notify me when a story is shared.

View the original article here