Thursday, October 14, 2010

Futures Point to a Flat to Slightly Higher Open...

ES +1.00 and NQ +2.50 futures are slightly higher about 30 minutes before the open...

TLT is up 45 cents and the Euro is up 104 pips

GOOG reports after the close today...

SPX
Resistance: 1,182, 1,190
Support: 1,170, 1,148, 1,130

The SPX hit its next resistance level 1,184 yesterday and backed off...we may see consolidation going into October options expiration tomorrow...
APOL is down -10.29 after reporting earnings in line with consensus but lowering outlook....ESI is down -7.92 in sympathy...

Trading Down - ESI, MA, POT, AGU, GS, FAS, STI, URE, NFLX, BAC, DE, V, DOW, NIHD, GRMN, CERN, CEPH, CHRW, INTU, EXPD, RIMM, EXPE, URBN, AMZN, SHLD, CA, SBUX, MSFT

Trading Up - PCLN, VMW, HLF, CHL, RVBD, PCP, SPG, BA, TLT, FFIV, FAZ, CRM, DECK, FSLR, ISRG, YHOO, AAPL, GOOG, WYNN, NTAP, IACI, INFY, TEVA, LOGI, GILD, WCRX

1 comment:

CR said...

Thank you for the daily update Dave