BMO – ES -2.75 and NQ +1.25 futures are mixed 15 minutes before the open in pre-market trading and point to a mixed open following GOOG, ISRG and IBM earnings after the close yesterday and GE, STI and SLB before the open this morning… volume is light for pre-market with more stocks quoting down than up…Financial stocks, XLF is down 7 cents on 15,100 shares in pre-market at this time…FAS is down $1.05…
TLT is down 73 cents and the Euro is down 53 pips overnight …
NDX leaders AAPL, AMZN, BIDU, GOOG, NFLX, PCLN and QCOM are higher…
Dave’s Insight for Friday: Today is January options expiration Friday which recently have been days that have had range bound trading…
Lower Euro…bonds lower… Financials are lower…setting up a slightly lower open … Follow YOUR rules for entry, exits and stops...TRADE THE TREND…
GOOG and ISRG are gapping down…IBM and SWKS are gapping up…
Early earnings GE, STI, SLB…
Chart Signals will be watching the Euro to see if support holds and the VIX to see if it holds its down trend...NQ has been stronger over the past four trading sessions
SPX
Resistance: 1,315, 1,331, 1,347
Support: 1,300, 1,292, 1,277
Quoting Down – GOOG, ISRG, PCLN, AMZN, AAPL, BIDU, NFLX, GRMN, CF, UCO, FAS, CRM, TLT, DECK, V, SINA, CAT, STI, VMW, GS, WLT, SOHU, ICE, POT, CDAT, DE, FCX, X, GRPN, LNKD, MCP, CTXS, FFIV, INFY, XLNX, BMC, AMGN, GMCR, BRCM
Quoting Up – IBM, SWKS, SLB, CDE, FAZ, ATI, TBT, BIIB, KLAC, CTRP, MSFT, VOD, EA, CTSH, MYL, GOLD
1 comment:
Hi Dave,
Although I do not say thank you every day, I think it. Thank you for your daily comments/observations! :)
Kathy :)
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