Friday, February 4, 2011

Futures Point to a Slightly Higher Open as Unemployment Falls to 9%...

BMO – ES +1.75 and NQ +1.00 futures are slightly higher about 15 minutes before the open in pre-market trading and point to a slightly higher open

TLT is down 10 cents and the Euro is down 32 pips in premarket trading and continues above horizontal resistance

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

Dave’s Insight for Friday:  Stay with the trend and exit at your targets.  End of week five and time to evaluate your progress after the close today.

Continue to follow key earnings releases and the opportunities they create.

SPX
Resistance: 1300, 1,311, 1,321
Support: 1,281, 1,271, 1,256

Quoting DownCSTR, LVS, MA, TSL, GS, LXK, NYX, ACN, VMW, JEC, CLF, FSLR, FISV, INFY, WYNN, PCLN, ORLY, LIFE, VRTX, MAT, GOOG, CHRW, MICC, FAST

Quoting UpSPG, HUM, SOHU, SINA, FCX, VECO, FDX, CMG, X, HANS, SNDK, SWKS, NVDA, SLW, WHR, MCP, NETL, DECK, ATI, RVBD, GES, PCX, FFIV, SRCL, RIMM, NFLX, CERN, GILD, NIHD, AAPL, NTAP, ALTR, KLAC, WFMI, AKAM, BRCM

1 comment:

Anonymous said...

Is LDK forming a potential H&S pattern that could end the up trend that started in December?