Friday, September 25, 2009
Futures Pointing to a Slightly Lower Open...
9:55 am ET - The INDU +20 points, SPX +1.70, COMPQ -2.63, RUT -0.55...HANS, PCLN, FLS, CAT, WYNN are also moving up...Sectors XLE, XLP and XLV are also higher...
9:37 am ET - On Tuesday, Sept. 22, in our VC webcast we placed two real time virtual trades on RIMM in anticipation of Thursday's earnings announcement. One was a Straddle and the other a Strangle. The Straddle cost was $10.95 and the Strangle cost was 6.70...after the gap down the Straddle is up 4.24 or 38.7% and the Strangle is up 3.70 or 55.2%
BMO – ES -1 and NQ -3 futures are slightly lower in pre-market trading pointing to slightly lower open. AAPL -2.27, GOOG -3.02 and BIDU -3.73 are also lower in pre-market trading.
RIMM which gapped down in after hours trading on an earnings announcement with an outlook that disappointed has some analyst downgrades this morning and is down over $12 in pre-market trading.
The Euro is1 pip lower just before the open.
SPX
Support = 1,044
Resistance = 1,061
Look at these Charts…
(click image to enlarge)
At the Open on Friday
SPY –
QQQQ –
AAPL –
BIDU –
FSLR –
GOOG –
BDK –
CAT –
DOW –
FLS –
FWLT –
WHR –
X –
JOYG –
PCP –
AXP –
BAC –
FAS –
SPG –
STT –
ZION –
WLT –
FUQI –
PWRD –
FCX –
CAM –
ARO –
GES –
FLIR –
JCI –
FAST –
JCG –
UAUA –
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1 comment:
Good morning, Dave!
Thank you for your ever steady posts during these choppy waters ~
Have a wonderful morning.
Laney
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