Friday, December 18, 2009

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

BMO – ES +3.75 and NQ +8.50 futures are higher in pre-market trading pointing to a lower open. AAPL +1.27, AMZN +0.92, GOOG +2.00 and BIDU +1.96 are higher in pre-market trading. The Euro is down 20 pips in overnight trading. Oil is quoting up 82 cents in electronic trading. XLE is up 30 cents in pre-market trading. Today is triple witching with options and futures expiration. SPY is up 2 cents in pre-market trading. Financials, XLF, is up 4 cents in pre-market trading. Follow your rules in any trading actions today. Be logical. SPX Support = 1,087…1,082…1,075 Resistance = 1,106 - 1,117…1,125 – 1,133 Trading Down: Trading Up: RIMM, NKE, NVDA, AMZN, PNC, X, FCX, XLE Look at these Charts…NVDA, PNC, X, RIMM At the Open on Friday SPY – QQQQ – FAS – X – DOW – UAUA – V – JOYG – NVDA – LRCX – WHR – AAPL – AKAM – AMD – CREE – KLAC – PCLN – DECK – NFLX – ISRG – FLIR – CAT – DE – PCP – UNP – PNC – STLD – AMLN – POT – AGU – AMZN – RIMM – ACN –

1 comment:

CR said...

Hey Dave - Nice to hear you on the wrap - have a great weekend.