Credit: Shutterstock photoU.S. stocks are moving up this morning after making a big bounce last week. The S&P 500 is up .19% and the Dow is up 0.25%.
In Asia, markets were up Monday as oil prices and the Russian Ruble seemed to stabilize. The Shanghai Composite was up 0.61% while the Nikkei rose 1.08%.
European stocks are rising today as investors continue to look to European Central Bank for more stimulus. The FTSE is up 0.84%, and the DAX is up 1.06%.
Energy futures are down this morning. The price for West Texas Intermediate crude oil is $56.83 per barrel, down $0.30 and natural gas is down $0.18. Metals prices are rising. Gold is up $0.10 and platinum is up $1.10. The Dollar is down versus the Euro and up versus the Yen.
SunPower Corporation ( SPWR ), Canadian Natural Resources Limited ( CNQ ) and Centrais Elétricas Brasileiras ( EBR ), are moving up, while Gilead Sciences Inc ( GILD ), BHP Billiton ( BBL ) and Eli Lilly and Company ( LLY ) a re declining.
Michael Haden is an Options Analyst at InvestorsObserver . He graduated from James Madison University in 1986 with a degree in Marketing. In two decades with Standard & Poor's, Michael honed his analytical skills in the Financial Industry. He has a conservative view toward investing and prefers value stocks to high-fliers with big risk..
This article was originally published on MarketIntelligenceCenter.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
