Schaeffer's Top Stock Picks for '25

Overseas Trading: Commodity Weakness Weighs on Asia, Europe

Weakness among commodity stocks has European benchmarks lower across the board

Dec 30, 2015 at 8:24 AM
facebook X logo linkedin


Asian markets finished a low-volume session mixed, as traders eyed an overnight bounce in oil prices. A weaker yen helped Japan's Nikkei to a 0.3% gain amid strength in exporters, with the benchmark finishing a fourth consecutive year higher, up 9.3%. China's Shanghai Composite also added 0.3%, with rail stocks rallying on reports that the second phase of a Dalian railway project has been approved. On the flip side, Hong Kong's Hang Seng and South Korea's Kospi retraced earlier advances to finish on losses of 0.5% and 0.3%, respectively.

Stocks in Europe are feeling the weight of a sell-off in commodities -- though some miners are managing to buck the downtrend -- putting the region on track for its worst December since 2002. London's FTSE 100 could snap its four-session winning streak, down 0.5%, with oil majors suffering sharp losses. The German DAX, which is shuttered tomorrow for New Year's Eve, is off 0.8% -- but is still up roughly 10% for 2015. Rounding things out, France's CAC 40 has retreated 0.3%.

151230overseas


 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter