Hey Folks – Running into some difficulties with my screener this morning, but I’m going to put out a few that are on my watch list and that appeared on yesterday morning’s post. I am strongly considering going long in EBAY this morning, so we’ll have to see how that goes. Here are
Good morning to you. We got a little bit of a negative bias heading towards the open due to there being a little bit of disappointment in the earnings that Alcoa (AA) posted. It should be rather quiet this morning, as their is a lack of any significant economic reports; what you have is the
Flirting with 11,000 on the Dow, the futures actually broke through that barrier over night, but since having reached it, has steadily sold off and the market is essentially at a break-even level heading into the open. Today is a big day for the markets, as earnings season officially kicks off, and it will be
Things are pretty quiet on the home-front here as futures are trading slightly in the red this morning prior to the open. Outside of the Wholesale Trade Report at 10am ET, there are no economic reports to be released today. Here are Today’s Trading Ideas Potential Swing Trade (Long): KB Homes (KBH) – Currently trading
Additional weakness is being seen in a carry over on the late day sell-off from yesterday as the market was down by as much as 1% at one point. This is some much needed relief for the market, and needs to see a lot more selling in order to work off these extreme overbought conditions
Very similar to yesterday, the futures are down heading into the open and as predictable as the sun rising each morning is the bulls and their unrelenting desire to buy every morning dip they can get their hands on. Eventually that game is going to run its course, and the market will pullback to a
Today’s watch-list is coming to you a little bit earlier than usual, as I am finding it quite difficult to sleep right about now, so I figured I would take advantage of this extra time and knock out the trade-setups for today. Prior to the open things should be relatively quiet as we have
With a full week ahead of us, the futures are showing some positive momentum heading into the open. It will be a much quieter week than what we saw last week with all the jobs reports that had come out. For today, you have the ISM Non-Manufacturing Index and Pending Homes Sales, both of which
No watch list for today, as I got a bit side-tracked this morning, getting together all of my tax information for 2009 together so that my accountant can make sure I pay Uncle Sam the money he doesn’t deserve, to redistribute it to those who didn’t earn it. What a fair system we got
Heading into the open, the market is looking flat with a slight bearish tone as futures are currently trading just below break-even. We have a few reports making their way out this morning with ADP Employment at 8:15am, the Chicago PMI at 9:45am, and Factory Orders at 10am. Don’t forget either that the market will