Monday, April 11, 2011

BIDU Up, AA Reports After the Close as Earnings Seasons Begins...

BMO – ES +2.25 and NQ +8.00 futures are higher about 20 minutes before the open in pre-market trading and point to a higher open volume is light for pre-market and a similar number of stocks are quoting up and down in pre-market trading…Financial stocks, XLF is up 2 cents in pre-market…

TLT is down 6 cents and the Euro is down 21 pips in premarket trading

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

Dave’s Insight for Monday:  Continue to follow your rules…Stay with the trend… The short term trend is still up…buy where you are supposed to buy and exit at your target…With the SPX near resistance stay prepared for either a potential pullback or breakout…AA earnings after the close

SPX
Resistance: 1,330, 1,344
Support: 1,321, 1,311, 1,300

Quoting Down – SINA, CMG, UCO, POT, DECK, AGU, NYX, UNP, DHR, TSL, CRUS, SOHU, GOOG, FSLR, CTRP, NFLX, AAPL, CERN, LRCX, NIHD, CELG, WFMI, AMZN, CTXS

Quoting UpBIDU, BIIB, MCP, WLT, MOS, CLF, CSTR, CRM, ARUN, RVBD, VMW, ZION, SNDK, CAT, ANF, X, CIEN, INFY, PCLN, WYNN, CMCSA, WCRX, APOL, CHKP, MICC, ESRX, AMGN, SYMC, ALTR, SNDK, BRCM, TEVA

1 comment:

Val said...

Dave,
Thank-you for your continued commitment to our education. Hope you are enjoying the time with your son.