Monday, October 11, 2010

Futures Point to a Higher Open...

BMO - ES +3.00 and NQ +5.50 are higher in pre-market trading and point to a higher open...

TLT is flat and the Euro is down 59 pips about 90 minutes before the open....

SPX
Resistance: 1,170, 1,182
Support: 1,148, 1,130, 1,115

Breakout Setups for Monday: PCP, URE, DHR, AIV, A, MHS, USD, NDAQ, CHL, FDX, GR, BA, WHR, GS, ZION, VECO
 
Bull Flag Setups for Monday: BIDU, CTSH, EXPE, ESRX, ILMN, INFY, NVDA, SHLD, NTAP, RVBD, NFLX, CMG, TSL, VOD, LXK, STI, RMBS, MA, GME, V, NTRI, BYI, CSTR

Pre-Market
Trading Down - GS, MA, SNDK, COST, ALTR
 
Trading Up - FFIV, POT, UNP, DE, FCX, UAL, NFLX, CMG, IPI, LVS, MOS, GMCR, FDX, GOOG, BIDU, AAPL, BRCM, AMGN, AKAM, LOGI

4 comments:

Anonymous said...

Dave,
Thanks for your early morning analysis. It gives me a good start to the day. I appreciate your dedication to post these at very early time in Utah.

Gary A.

Anonymous said...

Same with me Dave. Thank you even on a day when you have the 4 day live.

Judy said...

Good morning Dave, Looking forward to an interesting Options Expiration week. Thanks for the daily dose of insight. Judy

maryb said...

Dave,
Thank you very much for your analysis, it helps me too.
Have a great day,
Mary Burkhammer

PS I notice VIX is at it's lowest open since Apr 30 with tight range today ahead of earnings! This surprised me.