Thursday, March 3, 2011

Futures Point to a Higher Open...

Dave will teach today in the
Intro to Trading Stocks at 7:30 am MT and
Advanced Technicals Trading Room at 5:00 pm MT (formerly known as Active Investor Talk)


BMO – ES +11.50 and NQ +18.00 futures are higher about 60 minutes before the open in pre-market trading and point to a higher open

TLT is up 5 cents and the Euro is down 16 pips in premarket trading and is nearing horizontal resistance

NDX leaders AAPL, AMZN, BIDU, GOOG, NFLX and PCLN are higher in pre-market trading

Dave’s Insight for Thursday: Follow your rules, look for new entries and re-entry...Remember, this is an up trend

SPX
Resistance: 1,311, 1,321, 1,330
Support: 1,300, 1,281, 1,271

Quoting DownFAZ, UCO, SOHU, NTES, SLW, DECK

Quoting UpPCLN, GOOG, FSLR, AAPL, NFLX, FFIV, BIDU, AMZN, CHKP, SHLD, CMG, CRM, DE, CLF, WLT, SINA, MOS, GS, POT, TSL, VMW, X, FDX, CAT, MCP, FAS, FCX, PCX, CREE, V, SLB, CIEN, BA, VLO, UAL, ESI, SWKS, RVBD, CSTR, LDK, GLW, DOW, CAM, NYX, AGU, JDXU, CRUS, SPG, ESRX, JOYG, EBAY, SNDK, VOD, QCOM, INFY, COST, AKAM, NVDA, RIMM, XLNX, BRCM, KLAC

4 comments:

Anonymous said...

Welcome home Dave! Look forward to sessions today. Jobs numbers seem to be pushing market up this morning.
Thanks as always.
BH

Uwe said...

Dave, your teachings of being persistent and trading the market and not my thoughts really made a big difference in my trading. That's why one of my rules is to read your quotes of the week every Sunday to remind me of that. And of course listen to you every Monday, Thursday and Friday also.

Thank you

Uwe

Peggy said...

Days like these I wish I was still and Investools member, so I could hear Dave's classes. Sure miss that!
Thanks for all you do Dave! I'm grateful for all your posts on this blog.
Market internals crankin, up up and away!
Peggy

Gary said...
This comment has been removed by the author.