Friday, August 9, 2013

Stock Futures Slightly Down In Pre-Market...PCLN Up 6.02%...MCP Down 13.63%...


BMO – ES – 3.50 and NQ - .25…futures point to a slightly lower open in pre-market
SPY is down .51…  

XLF is up .07…
Euro is down 16 pips…          

TLT is …up .05… 

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

Quoting Up: PCLN, BIDU, MNST, GOLD, EXPE, NUAN, BBRY, SINA, CLF 

Quoting Down:  CTRX, NVDA, AMGN, ESRX, GILD, AAPL, MCP, DE, FAS

2 comments:

Andrew said...

Hi Dave, it seems that the prior correlations, which you had referenced as the "global money flow" may be breaking down somewhat. For example, the dollar and stocks seems to have a positive correlation lately. Also, it's unclear (at least to me) whether bonds and stocks currently have any correlation. I'd be interested in you insight, particularly as to what's going on between as to stocks and the EUR/USD.

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