Wednesday, August 5, 2009

Futures Pointing to a Flat Opening...

BMO – ES -0.25 and NQ -1.75 futures are slightly lower in pre-market trading. If the futures hold these levels look for a flat to slightly lower open Wednesday morning. Futures were weaker Tuesday morning and indices still finished up for the day. Financials XLB and Industrials XLI were the strongest sectors on Tuesday and they are showing strength early Wednesday. Continue to Trade with the Trend and short term traders are still on a Yellow Alert. Look at these Charts… (click image to enlarge) At the Open on Wednesday SPY – QQQQ – ADBE – AAPL – PCLN – ISRG – EBAY – FUQI – PWRD – BIDU – GMCR – BDK – FAS – FAZ – BAC – ZION – STT – SPG – URE – JOYG – X – GES – NFLX – FSLR –

1 comment:

Anonymous said...

Good morning, Dave!
I hope your morning is going well.
We have family here, so I will miss you in classes today-
Thank you for this mornings commentary. I found it very helpful..
See you Thursday.
Laney