Friday, October 1, 2010

Futures Point to a Higher Open and Another Breakou Attempt...

BMO - ES +6.75 and NQ +14.00 are higher in pre- market trading pointing to a higher open...

TLT is down -1.24, the Financial sector XLF is up 9 cents and the EURO is up 95 pips...just last night Dave told everyone in his Active Investor Talk to not assume that this breakout was over to watch interest rates as financials as the key and to follow your rules for exiting any long trades...he also said if the SPX is going to successfully breakout of 1,148 interest rates would need to move lower and financial stocks move higher...can he see the...?  No that's not possible or is it...I wonder...

Trading Down - TLT, NFLX, GMCR, DE, CAT, FAZ, XLNX, WCRX, AMZN

Trading Up - ACN, FCX, ESI, CLF, CRM, HAS, FDX, PCLN, GS, X, USD, VMW, BUCY, USO, BA, WHR, AGU, TBT, FAS, SNDK, MOS, FFIV, MCD, TIE, LVS, UCO, ATI, PNC, TSL, POT, PCP, VOD, AKS, GOOG, AAPL, INFY, FSLR, JOYG, PCLN, CTSH, WYNN, BIDU, SBUX, AKAM, MCHP, INTU, QCOM, ORCL, FWLT, INTC, CMCSA, CSCO, NTAP

1 comment:

CR said...

There have been rumors Dave can't see the future - he creates it!!
Just joking have a great day everyone.