Amazon (AMZN)

Pre-market update (updated 8:30am eastern): Europe is trading 0.7% higher.  Asian markets traded in a wide range from -1.3% up to +0.8%.  US futures are flat ahead of the open.  Economic reports due out (all times are eastern): Challenger Job-Cut Report (7:30am), ADP Employment Report (8:15am), Jobless Claims (8:30am), Productivity and Costs (8:30am), PMI Manufacturing

Pre-market update (updated 8:30am eastern): Europe is trading mix from -0.2% up to +0.6%.  Asian markets traded 0.9% higher.  US futures are trading moderately higher.  Economic reports due out (all times are eastern): MBA Purchase Applications (7am), Employment Cost Index (8:30am), Treasury Refunding Announcement (9am), Chicago PMI (9:45am), Farm Prices (3pm) Technical Outlook (SPX): After

Pre-market update (updated 8:30am eastern): European markets are trading -0.2% lower.  Asian markets finished mixed but overall -0.3% lower.  US futures are trading slightly higher ahead of the bell.  Economic reports due out (all times are eastern): Consumer Credit (3pm) Technical Outlook (SPX): We got a pullback yesterday, that after two huge days of cumulative

The Chart of the Day…     Quick Glance at the Market Heat Map and Industries Notables: Lots of RED in the Financials and Tech sectors.  Services and health-care showed glimmers of hope.  The afternoon sell-off pretty much took everything down. 

So far, as previously mentioned I added shares of Alexza Pharmaceuticals (ALXA) and Molycorp (MCP). And by the way, MCP does not look good on the day, and as a result, I’m staring at a nice head fake that’ll likely lead me to dump the position before the end of the day.  As for

I have to say, that the latest rendition of the SPRI has me thinking strongly of adding a few hedge/short positions to counter-balance my portfolio some. I’m sitting on some nice gains on all my positions and the ones like Amazon.com (AMZN) that is way outside its Bollinger Bands are also opportunities that I’m

Pre-market update (updated 8:30am eastern): European markets are trading flat.  Asian markets finished flat/mixed.  US futures are trading slightly lower ahead of the bell.  Economic reports due out (all times are eastern): Consumer Credit (3pm) Technical Outlook (SPX): SPX continues to throttle higher, making new recovery highs, and the highest in four-years.  Test at 1440

Pre-market update (updated 8:30am eastern): European markets are trading 0.8% higher.  Asian markets finished 2.5% higher.  US futures are trading slightly higher ahead of the bell.  Economic reports due out (all times are eastern): Employment Situation (8:30am), Treasury STRIPS (3pm) Technical Outlook (SPX): Huge day for the market yesterday – breaking out to 4 year highs

Pre-market update (updated 8:30am eastern): European markets are trading 1.4% higher.  Asian markets finished 0.1% higher.  US futures are trading moderately higher ahead of the bell.  Economic reports due out (all times are eastern): Challenger Job-Cut Report (7:30am), ADP Employment Report (8:15am), Jobless Claims (8:30am), ISM Non-Manufacturing Index (10am), Quarterly Services Survey (10am), EIA Natural Gas

Pre-market update (updated 8:30am eastern): European markets are trading 0.5% lower.  Asian markets finished -0.3% lower.  US futures are trading mixed ahead of the bell.  Economic reports due out (all times are eastern): PMI Manufacturing Index (9am), ISM Manufacturing Index (10am), Construction Spending (10am) Technical Outlook (SPX): Semi-decent recovery off of Thursday’s sell-off.  There is a