Pre-market update: Asian markets traded 1.0% higher. European markets are trading 0.3% higher. US futures are trading 0.1% higher Economic reports due out (all times are eastern): New Home Sales (10) Technical Outlook (SPX): SPX bounced in notable fashion, considering the Nasdaq was halted for half the day. Nonetheless, closed at five-day highs.
Pre-market update: Asian markets traded 0.2% lower and mixed. European markets are trading 1.0% higher. US futures are trading 0.5% higher Economic reports due out (all times are eastern): Jobless Claims (8:30), PMI Manufacturing Index Flash (8:58), FHFA House Price Index (9), Leading Indicators (10), EIA Natural Gas Report (10:30), Kansas City Fed Manufacturing (11)
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Pre-market update: Asian markets traded 0.2% lower and mixed. European markets are trading 1.0% higher. US futures are trading 0.5% higher Economic reports due out (all times are eastern): Jobless Claims (8:30), PMI Manufacturing Index Flash (8:58), FHFA House Price Index (9), Leading Indicators (10), EIA Natural Gas Report (10:30), Kansas City Fed Manufacturing (11)
Pre-market update: Asian markets traded flat. European markets are trading 0.3% lower. US futures are trading 0.2% lower Economic reports due out (all times are eastern): MBA Purchase Applications (7), Existing Home Sales (10), EIA Petroleum Status (10:30), FOMC Minutes (2). Technical Outlook (SPX): A rather solid day yesterday until the final 30 minutes
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Pre-market update: Asian markets traded flat. European markets are trading 0.3% lower. US futures are trading 0.2% lower Economic reports due out (all times are eastern): MBA Purchase Applications (7), Existing Home Sales (10), EIA Petroleum Status (10:30), FOMC Minutes (2). Technical Outlook (SPX): A rather solid day yesterday until the final 30 minutes
Today’s 30-minute outage today probably helped them increase profits.  Quick Glance at the Market Heat Map and Industries Notables: Some patches of strenght in the midst of a very boring market session. Materials and banks were absolutely horrific. Utilities not too far behind either. Be sure to check out my latest swing trades and
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Today’s 30-minute outage today probably helped them increase profits.  Quick Glance at the Market Heat Map and Industries Notables: Some patches of strenght in the midst of a very boring market session. Materials and banks were absolutely horrific. Utilities not too far behind either. Be sure to check out my latest swing trades and
Today’s market is one that has the bears scared to short out of fear of the dead cat bounce, and the bulls afraid to buy the dip due to us slciing through that 50-day moving average. As a result, we’ve got a stalemate in this market. Eventually that won’t be the case but for now
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Today’s market is one that has the bears scared to short out of fear of the dead cat bounce, and the bulls afraid to buy the dip due to us slciing through that 50-day moving average. As a result, we’ve got a stalemate in this market. Eventually that won’t be the case but for now
I’m not one to believe that the comeback is done and over with in Netflix (NFLX). They’ve done an excellent job of creating original content and building new subscriber loyalty with their exclusive shows that finally allows consumers to justify their $7.99/month purchase. With Netflix earnings from yesterday missing, it appears to me to
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