Dave will be on tastytrade this morning at 9 am CST...
BMO – ES -3.50 and NQ -5.00 futures are lower 20 minutes before the open in pre-market trading and point to a slightly lower… volume is light for pre-market with more stocks quoting down than up…
U.S. unemployment report will be out next Friday.
XLF is down 2 cents on 165,100 shares in pre-market at this time…
FAS is down 57 cents …
TLT is up 59 cents…
the Euro is down 98 pips overnight trading …
NDX leaders AAPL, AMZN, GOOG, PCLN and QCOM are lower…BIDU is higher…
Dave’s Insight for Friday: lower Euro…higher bonds… Financials down…setting up a slightly lower open…Follow YOUR rules for entry, exits and stops...TRADE THE TREND…With extended profits be sure to adjust your stops…
The SPX has still not had a correction of more than 33 points during the past 11-weeks, a very stable trend during this low volatility period…
The intermediate term trend is still up…
Chart Signals will be watching the Euro, XLF and the VIX...the VIX continues to indicate stable trend…
SPX
Resistance: 1,370, 1,375, 1,388
Support: 1,361, 1,353, 1,347
Quoting Down – CMG, VMW, COH, UCO, FFIV, HUM, DECK, FAS, DE, SLB, CRM, UNP, IBM, SLW, CF, SOHU, GS, WLT, SWKS, CLF, ESI, DLR, TPX, GOLD, PCLN, AAPL, AMZN,NUAN, VOD, NWSA, FSLR, NFLX, DLTR, PAYX, STX
Quoting Up – SINA, TLT, LVS, CSTR, NTES, WYNN, BIDU
1 comment:
Thanks, Dave! You're the greatest!
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