The bulls are off to an early start this morning and it looks like the bears are hitting the snooze button on their alarm clocks. Overnight Asian markets were up 1% while European markets are up 1.4%. Currently, US Futures are up 85 points on the Dow, and 15 on the NASDAQ and 10 points on the S&P. I got long position in DXD which isn’t looking very good heading into the open, and will likely be stopped out in the early going. It will be a quiet day on the economic front, as there is no major reports due out this morning.
Here are Today’s Trade Setups…
Bear with me this morning – as my screening software isn’t updating Friday’s prices for me – so I am basically in a waiting mode right now – check back for updates later…