Thursday, October 18, 2012

Futures Point to a Flat to Slightly Lower Open...


BMO – ES - 1.50 and NQ -5.25… is lower in pre- market pointing to a flat to slightly lower open…
SPY is down 21 cents in pre-market…

XLF is up 2 cents…on 200 shares volume
Euro is unchanged…
TLT is up 16 cents…

After three up days price action is pausing in pre-market on light volume. The Euro is flat and XLF if up slightly. GOOG reports after the close.


Earnings to Watch:
Positive Reactions – C, GS, ISRG, MAT, STT
Negative Reactions – IBM, APOL, CHKP, INTC, INFY

Wednesday – BAC, AXP, EBAY, LRCX, XLNX, CHKP
Thursday – GOOG, MSFT, SNDK, MS,RVBD, ALXN, FLEX

Follow your rules for entry, exit…adjust stops to protect profits at this time according to your rules...


Quoting Up: JNPR, CREE, LRCX, VOD, VMW

Quoting Down: GOLD, AAPL, SNDK, EBAY, DHR, IBM

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