Futures Point to a Slightly Higher Open...

BMO – ES +3.25 and NQ +7.00 futures are lower in pre-market trading pointing to a lower open.  AAPL +2.53, AMZN -4.90, GOOG -0.56 and BIDU +0.51 are mostly lower in pre-market trading.  INTC is down 5 cents, BAC down 4 cents and GS is up 84 cents.


Stocks are mixed in pre-market trading with Financials up and Energy stocks lower.  Look for a continuation move in the SPX towards it 1,216 resistance area.

The short term is up and the intermediate term and long term trends are up.

Trade those charts that meet your rules in the direction of the trend.

AXP, DECK are higher after reporting strong earnings since last night's close
BUCY -4.24 is lower after reporting 45 cents vs. 79 cents estimates.
AMZN -4.90 strong earnings, outlook disappoints

Key Earnings to Watch:
Thursday – AMZN, AXP, BUCY, CAL, DECK, HON, MSFT, NUE, PEP, TRV, UNP
Friday – FLIR, SLB

The Euro is down 7 pips in overnight trading.  Oil is down 55 cents in electronic trading.  XLE is down 8 cents in pre-market trading.

SPY is down 6 cents in pre-market trading.   XLF is down 15 cents in pre-market trading.  Watch XLF as a key to any sustained move in the SPX.

Follow your rules in any trading actions today.  Be logical.

SPX
Support = 1,200, 1,178
Resistance = 1,216, 1,220

Trading Down: ESI, BUCY, HDB, NFLX, BA, USO, CAT, CREE
Trading Up: DECK, SYNA, ICE, CLF, DLB, FAS, MA, UNP, V, GS, X, HANS, MOS, POT, MON, UAUA, UYG, ZION, SWN

At the Open on Friday
SPY –
QQQQ –
FAS –
X –
BBY –
CREE –
UAUA –
SNDK –
AAPL –
NFLX –
RIMM –
SHLD –
BUCY –
BA –
DOW –
DE –
FCX –
WHR –
ZION –
GMCR –
DHR –
V –
NVDA –
AMD –
PCLN –
DECK –
CAT –
PCP –
UNP –
CLF –