Thursday, October 28, 2010

Futures Point to a Higher Open...

BMO - ES +4.75 and NQ +6.75 are  higher pointing to a higher open...Stay with the trend...

TLT is up 48 cents and the EURO is up 93 pips...

LVS is +11.79% in pre-market trading after reporting 34 cents vs. consensus of 23 cents...Look for a bullish gap this morning on LVS,  WYNN and AKAM...

Quoting Down - FLS, SKX, POT, MA, BYI, V, BA, NFLX, ATI, GS, RVBD, CF, INFA, TBT, WHR, BUCY, UAL TIE, AAPL, KLAC, CTXS, RIMM, ESR, ALTR, APOL

Quoting Up - LVS, CMG, WYNN, AKAM, ORLY, CELG, GOOG, GES, VOD, FCX, CRM, HANS, LXK, CSTR, TLT, IPI, FFIV, DOW, SNDK, SYMC, INFY, FLEX, RYAAY, BIDU, TEVA, CMCSA

2 comments:

Anonymous said...

Hi Dave,

Can yesterday's hanging man candle be viewed as a hammer from a short term pullback perspective?

Thanks a lot for your efforts on your blog. It is very insightful and educational.

Thanks,

Wai

Judy said...

Good morning DAVE, Thanks for the post again today, and for providing your insights into support/resistance levels in your posts. It is interesting to see how close to the 1190 resistance the market moved this AM. Also, yesterday's drop below the low of the high day - I had to write that down and draw a candle pattern to clarify the idea in my brain. Now, when I look at the charts you provide I get it. I just wish I wouldn't "forget" it. Happy Trading! Thanks for all you do, Judy