So you want to buy stocks even after financial and market analysts advised to "sell everything".
Regardless of the state of decline and instability caused by China in the global market, some investors are still thinking of buying stocks and oil.
U.S futures are higher by about 1 percent which is a better number expected even though there was a bad start to the year.
What are the things you need to know before purchasing stocks?
1. Oil - Crude is down 19% and traders are going to keep an eye on U.S. crude inventories at 10:30 AM ET.
2. Which ones are moving? - Metlife (MET), Ford (F), Yum Brands (YUM), VW (VLKPY) and BP (BP) are the ones to look out for. Ford dropped 3% in shares. Yum Brands (which owns Taco Bell and KFC) was trading at 3% higher. BP shares are up 2% though it has cut 4,000 jobs a day before, most likely due to low oil prices. Volkswagen shares are up 2.5% and confidence in the brand was not shaken - though the company is handling emission scandals. Metlife shares suddenly moved more than 7% after Wall Street announced to separate with U.S. life insurance.
3. International Markets - Paris was up in early trading with a 1.5% start. Shanghai has fallen to 2.4% while Nikkei closed to almost 3%.
4. Tuesday Recap - The market in general showed NASDAQ added 1%, the Dow Jones industrial average was up 0.7%. S&P 500 gained 0.8%.
Though analysts warns investors to sell everything to regain return of revenue, and not focusing on return in revenue, 2016 is still a long way to go and predications may change, whether positive or negative - it is unknown yet but everybody is still keeping a close watch on oil and China. The premarket overview above are the four things you need to know before the bell rings in New York.
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