Markets continue to move up

U.S. stocks are trending up this morning.  The S&P 500 is up 0.19% and the Dow is up 0.25%. Producer prices rose 0.1% in July after rising 0.4% the prior month.

Asian markets were mostly up Friday as China Mobile led Hong Kong stocks higher.  The Hang Seng was up 0.62% and the Nikkei rose 0.02%.

European stocks are rising today with Russian President Putin taking a more conciliatory tone in his comments. The FTSE is up 0.66%, and the DAX is up 0.78%. 

Energy futures are mixed today. The West Texas Intermediate crude oil price per barrel is $95.72, up $0.13 and natural gas down $0.06. Metals prices are down Friday. Gold is down $3.60 and platinum is off $6.40. The Dollar is down versus the Euro and up against the Yen.

Monster Beverage Corporation(MNST), YPF S.A.(YPF), and SINA Corporation  (SINA), are up today.  The Est (EL), EQT Corporation (EQT) and Dish Network Corp. (DISH) are down.

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..

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