Friday, January 24, 2014

Futures Lower as Broad Selling Continues...MSFT, SBUX, KMB, PG Set to Gap Up on Positive Earnings Reactions...

BMO – ES – 12.25…and NQ – 19.75…stock futures point to a lower open for the second straight day.  Following Thursday’s price action gold GLD and bonds TLT continue to rise.  MSFT and SBUX higher following earnings Thursday afternoon.  KMB and PG up on earnings before the open this morning.

SPY is down -1.14…

XLF is down -.12…
Euro is down 3 pips…
TLT is up .31…

Follow your rules for entry and exit…and always remember to adjust stops to protect profits also according to your rules...

Quoting Up: JNPR, UNG, ANGI, XONE, GLD, NTES, TLT, MSFT, SBUX, STX

Quoting Down: PCLN, GOOG, NFLX, TSLA, AMZN, AAPL, BIDU, WYNN, CELG, DTV, GILD, GMCR, FFIV, SNDK, QCON, COST, FB, YHOO, MU, QIHU, LNKD, SOHU, SFUN, SSYS, V, FAS, DDD, SCTY, CSIQ, YELP, LVS, SINA, IBM, SPWR, GOGO, BBRY, WLT, RCL, TSL, CRM, YNDX, TBT, CREE, UAL, SWKS, C, BX, NKE, FSLR

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