Monday, October 4, 2010

Futures Point to a Lower Open...

2:30 pm ET - Of the Bull Flag Setups listed in Friday's post only WYNN, LVS and FFIV gave intra-day entries as of this time...MICC, AMZN, NTAP, NFLX and CRM could give signals by the end of day or could be attractive setups for Tuesday...AAPL, BIDU, GOOG, FSLR, ISRG and PCLN just got cheaper today...well take a look at them after the close to see how they look for any potential setup on Tuesday...


1:15 pm ET - I said in the Weekly Wrap on Friday to expect major NASDAQ stocks, which were lower on Friday, to continue their move lower on Monday...that is pretty much been the case with GOOG, PCLN, ISRG, AAPL, FSLR, BIDU and CERN...they are setting up nice bull flag patterns...AMZN, NFLX and WYNN have been stronger in morning trading on Monday...


BMO - ES -3.00 and NQ -6.25 are lower in pre-market trading and point to a lower open...

TLT is down -0.07 and the EURO is down 86 pips...

Trading Down - AAPL, BIDU, PCLN, NFLX, CREE

Trading Up - NTAP

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