BMO – ES +2.50 and NQ +4.25 futures are higher 25 minutes before the open in pre-market trading and point to a higher open… volume is light for pre-market with many more stocks quoting up than down…
Labor Department reports 227,000 jobs added in February, unemployment remains at 8.3%...
GMCR gap down on heavy volume…
XLF is up 7 cents on 1,962,200 shares in pre-market at this time…
FAS is up 85 cents …
TLT is down 13 cents…
the Euro is down 135 pips overnight trading …
NDX leaders AAPL, AMZN, BIDU, GOOG, NFLX, PCLN and QCOM are higher…
Dave’s Insight for Friday: lower Euro…lower bonds… Financials up…setting up a slightly higher open…Follow YOUR rules for entry, exits and stops...TRADE THE TREND…
The short term trend is up after Thursday support bounce continuation and prices are nearing the Target 1 old high resistance in this bull flag…Follow your rules…
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 – GMCR, VMW, SLW, UCO, AMZN, NFLX, SHLD, WFM, VOD
Quoting Up – MCP, CHL, CF, CMG, FAS, URE, DE,SINA, NKE, CRM, CAT, V, GS, LNKD,CLF, UNP, C,POT, LVS, TIF, CSTR, SWKS, HUM, SBUX, AAPL, GOOG, PCLN, ALXN,BIDU, FOSL, ROST, CTSH, AVGO, CLEG, MNST, VRTX, CTXS
1 comment:
Great session on Tasty Trade this morning, Dave. I have gotten in the habit of tuning in at 0900 Central on Friday, since Tom seems to reserve that slot for you.
Post a Comment