Tuesday, February 15, 2011

Futures Point to a Lower Open...

BMO – ES -3.00 and NQ -4.25 futures are lower about 20 minutes before the open in pre-market trading and point to a lower open…

TLT is unchanged and the Euro is up 30 pips in premarket trading reversing and is still above old horizontal resistance, now new support in the 1.3450 area…

NDX leaders NFLX, PCLN, BIDU, AMZN and AAPL are lower in pre-market trading…GOOG is higher…

Dave’s Insight for Monday: Follow your rules as February options expiration approaches this Friday.

SPX
Resistance: 1,330, 1,338
Support: 1,321, 1,311, 1,300

Quoting DownISRG, NFLX, WLT, CMG, NYX, POT, GMCR, JDSU, MOS, URE, UNP, NDAQ, CF, ARUN, FCX, CHL, TSL, CIEN, TIF, V, DE, LVS, RVBD, GS, MICC, AMZN, CEPH, FSLR, PCLN, CELG, LLTC, BMC, KLAC

Quoting UpCRM, X, SLW, FDX, DHR, SOHU, SINA, ATI, ICE, TIE, A, GOOG, FFIV, DLTR, RIMM, ALTR, NTAP, JOYG

1 comment:

Anonymous said...

Dave,

Thank you for your posts. We've missed your teaching while you were in Sunny Florida. Hope you enjoyed it. :) We look forward to your resuming your teaching schedule.

Kathy :)