ADVFN Newsdesk - Choppy Trading Likely To Persist On Wall Street

[ADVFN]( [World Daily Markets Bulletin]( [Daily world financial news]( [Tuesday, 28 March 2017 10:31:59]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Forex]( [Boards]( If you have an IRA or 401(k), your retirement accounts are in serious danger. Many investors have already been hit with huge losses to their hard earned assets. A simple IRS loophole is the only way to protect your life savings. [Click for your FREE GUIDE!]( --------------------------------------------------------------- US Market [To view the charts please add newsdesk@advfn.com to your contact list] NYSE AMEX Dow Jones Nasdaq [NYSE]( [AMEX]( [Dow Jones]( [Nasdaq]( Please click on the images to view our interactive charts The major U.S. index futures are pointing to a modestly lower opening on Tuesday following the mixed performance seen in the previous session. Traders may remain reluctant to make any significant moves amid a continued focus on developments in Washington. Following last Friday’s decision by House Republicans to withdraw a bill to repeal and replace Obamacare, traders have expressed uncertainty about President Donald Trump's ability to deliver on promises of increased infrastructure spending, tax cuts and deregulation. After initially coming under pressure, stocks showed a lack of direction during trading on Monday. The major averages spent the day bouncing back and forth across the unchanged line. While the Nasdaq inched up 11.64 points or 0.2 percent to 5,840.37, the Dow slipped 45.74 points or 0.2 percent to 20,550.98 and the S&P 500 edged down 2.39 points or 0.1 percent to 2,341.59. The initial drop by stocks came amid weakness overseas following the decision by Republican leaders to withdraw their bill to repeal and replace Obamacare. Late in the trading day last Friday, House Republican leaders decided to withdraw the bill amid indications of a lack of support. The move came despite vigorous efforts by President Donald Trump and House Speaker Paul Ryan, R-Wis., to build support for the legislation. A number of more conservative lawmakers opposed the bill amid criticism that it did not go far enough to repeal the provisions of Obamacare. Moderate Republicans were also concerned about predictions the plan would cause millions of people to lose their insurance. Even if the Republican healthcare bill had been approved by the House, the legislation was expected to face an even tougher uphill battle in the Senate. The inability to advance the bill has cast doubt on Trump's ability to deliver on promises of increased infrastructure spending, tax cuts and deregulation. --------------------------------------------------------------- Forbes mag says this strategy "like finding money in the street" And Reuters magazine calls this type of trading "the new baby boomer hobby." An anonymous trader -- living at the base of the Smoky Mountains -- just released a free report revealing a step-by-step system to generating an extra $5,000 per month in income thanks to this trading strategy. The report is free until Sunday. [Click here for the FREE REPORT...]( --------------------------------------------------------------- US Economic Reports [To view the charts please add newsdesk@advfn.com to your contact list] CADUSD Oil Gold Allbanc [CADUSD]( [Oil]( [Gold]( [Allbanc]( Please click on the images to view our interactive charts At 10 am ET, the Conference Board is scheduled to release its reports on consumer confidence in the month of March. The consumer confidence index is expected to dip to 113.8 in March from 114.8 in February. Kansas City Federal Reserve President Esther George is due to give the keynote speech about the U.S. Economy and Monetary Policy at Banking and the Economy: A Forum for Women in Banking in Midwest City, Oklahoma, at 12:45 pm ET. At 1 pm ET, Dallas Fed President Dennis Kaplan is scheduled to take part in a moderated discussion at the Dallas Committee on Foreign Relations in Dallas, Texas. The Treasury Department is also due to announce the results of its auction of $34 billion worth of five-year notes at 1 pm ET. --------------------------------------------------------------- My 1 Rule: Don't Buy Options The sad truth is that options buyers lose money on 7 of every 10 trades. But this 85% Accurate Trader gives his Personal Guarantee. He turned $50,000 into $5 million trading "this way" and for a limited time, he says you'll make at least $67,548/year in profitable trades by following his simple step-by-step process. See how easy it is to [collect thousands of dollars in "Free Money" every month.]( --------------------------------------------------------------- Europe markets The major European markets have turned mixed on the day. While the French CAC 40 Index has edged down by 0.1 percent, the U.K.’s FTSE 100 Index is just above the unchanged line and the German DAX Index is up by 0.5 percent. Insurer Aviva has advanced on reports that the company is looking to sell its Friends Provident International unit in a deal that could fetch up to $750 million. Dufry has also rallied on a Wall Street Journal report that Chinese conglomerate HNA Group is seeking to buy a stake in the Swiss airport retailer. Wolseley shares have soared after the plumbing and heating supplier announced a rebranding alongside plans to exit its struggling Nordic business after reporting a fall in interim net profit. Meanwhile, Sweden's Ericsson has fallen after saying it will book up to $1.7 billion in provisions, writedowns and restructuring costs in the first quarter. --------------------------------------------------------------- The No. 1 Biotech Stock For 2017 Secretive biotech company has been working on a device for 10 years that could save millions of lives and turn this small company into the next big thing for investors. Their patented technology is set to take the medical market by storm with an almost unlimited demand for their device. This could be the medical breakthrough of 2017. [Read the full article here]( --------------------------------------------------------------- Asia markets [To view the charts please add newsdesk@advfn.com to your contact list] USDCAD USDEUR USDGBP USDJPY [USDCAD]( [USDEUR]( [USDGBP]( [USDJPY]( Please click on the images to view our interactive charts Most Asian stocks rose on Tuesday as investors shrugged off U.S. President Donald Trump's drubbing on healthcare and turned hopeful that the White House will take a lead role in crafting legislation to overhaul the U.S. tax code. Japanese shares rebounded from a six-week low as oil prices edged up in Asian trading and the dollar recovered from its lowest level since November against the yen on hopes Trump will be able to enact promised tax cuts and infrastructure spending. The benchmark Nikkei 225 Index closed up 217.28 points or 1.14 percent at 19,202.87, while the broader Topix index ended 1.34 percent higher at 1,544.83. Exporters closed mostly higher, with Canon, Mazda Motor, Panasonic and Toyota climbing 1-3 percent. Banks Mitsubishi UFJ Financial, Mizuho Financial and Sumitomo Mitsui Financial ended up over 1 percent each. Shares of Fujitsu rallied 3.8 percent on a Nikkei report that Fujistu and China's Lenovo Group have postponed their target date for a final deal on their personal computer business tie-up to sometime in the first half of 2017. Australian shares rose despite a mixed performance by commodity prices. The benchmark S&P/ASX 200 Index climbed 74.50 points or 1.30 percent to finish at 5,821.20, the highest level since May of 2015. The broader All Ordinaries Index closed 71.20 points or 1.23 percent higher at 5,860.40. Commonwealth Bank of Australia rallied 2.2 percent to close at its highest level in more than a month, while ANZ, NAB and Westpac rose between 1.6 percent and 2.1 percent. Macquarire Telecom jumped 2.3 percent after Vocus Group sold its 16 percent stake in the company. Retailer Myer Holdings slumped 5.2 percent after climbing more than 18 percent the previous day on the buzz that billionaire ragtrader Solomon Lew was buying shares through Pershing Securities. OrotonGroup lost 2 percent after the handbags, accessories and fashion apparel retailer saw its half-year profit tumbling more than 50 percent. Meanwhile, Chinese stocks fell on liquidity concerns after the People's Bank of China skipped open market operations for the third consecutive session. The benchmark Shanghai Composite Index shed 14.01 points or 0.43 percent to finish at 3,252.95, although Hong Kong's Hang Seng Index climbed 152.17 points or 0.63 percent to 24,345.87. --------------------------------------------------------------- Forbes mag says this strategy "like finding money in the street" And Reuters magazine calls this type of trading "the new baby boomer hobby." An anonymous trader -- living at the base of the Smoky Mountains -- just released a free report revealing a step-by-step system to generating an extra $5,000 per month in income thanks to this trading strategy. The report is free until Sunday. [Click here for the FREE REPORT...]( --------------------------------------------------------------- Currency and Commodities Markets Crude oil futures are climbing $0.56 to $48.29 a barrel after slipping $0.24 to $47.73 a barrel on Monday. Meanwhile, after advancing $7.20 to $1,257.30 an ounce in the previous session, gold futures are rising $1.80 to $1,257.50 an ounce. On the currency front, the U.S. dollar is trading at 110.29 yen compared to the 110.66 yen it fetched at the close of New York trading on Monday. Against the euro, the dollar is valued at $1.0858 compared to yesterday’s $1.0864. --------------------------------------------------------------- The $50 Marijuana Investment Jackpot Marijuana legalization is sweeping the country... 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