Schlumberger (SLB)

Pre-market update: Asian markets traded 0.5% lower.   European markets are trading 0.5% lower. US futures are trading flat ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Redbook (8:55), FHFA House Price Index (9), Consumer Confidence (10), Richmond Fed Manufacturing Index (10), State Street Investor Confidence Index

Pre-market update: Asian markets traded 1.1% lower.   European markets are trading 0.1% lower. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): Chicago Fed National Activity Index (8:30), PMI Services Flash (8:58), Dallas Fed Manufacturing Survey (10:30) Technical Outlook (SPX): Second time in the

Pre-market update: Asian markets traded 0.9% higher.   European markets are trading 0.1% higher. US futures are trading 0.3% higher ahead of the market open.  Economic reports due out (all times are eastern): Existing Home Sales (10) Technical Outlook (SPX): SPX positioning itself today to possibly challenge the all-time highs with the help of the

Pre-market update: Asian markets traded 1.4% lower.   European markets are trading 0.6% lower. US futures are trading 0.1% higher ahead of the market open.  Economic reports due out (all times are eastern): Consumer Price Index (8:30), Jobless Claims (8:30), PMI Manufacturing Index Flash (8:58), Philadelphia Fed Survey (10), Leading Indicators (10), EIA Natural Gas Report

I had a great Google Hangout today with traders where I discussed current market conditions, along with a few trade setups in MTW, CAM, VMC, SLB, OAS and HP.  Also, I spent a great deal of time going over why I didn’t short the market back in late January, and how I was

Here is tonight’s trade setups for tomorrow’s market: Long Toll Brothers (TOL)

Pre-market update: Asian markets traded -0.4% lower.  European markets are trading 0.3% higher.  US futures are trading 0.1% higher.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Redbook (8:55), FHFA House Price Index (9), S&P Case-Shiller HPI (9), Consumer Confidence (10), Richmond Fed Manufacturing Index (10, State Street Investor Confidence Index

Pre-market update: Asian markets traded -0.4% lower.  European markets are trading -0.5% lower.  US futures are trading -0.2% lower.  Economic reports due out (all times are eastern): Chicago Fed National Activity Index (8:30), PMI Manufacturing Index Flash (8:58) Technical Outlook (SPX): Heavy sell-off on Friday giving up much of the gains from Wednesday’s FOMC gains. 

Pre-market update: Asian markets traded 0.4% higher.  European markets are trading -0.2% lower.  US futures are trading -0.2% lower.  Economic reports due out (all times are eastern): Atlanta Fed Business Inflation Expectations (10) Technical Outlook (SPX): SPX starting to look unsteady at its highs, and ready to consolidate pullback some at this point.  A continued

Pre-market update: Asian markets traded 1.5% higher.  European markets are trading 1.2% higher.  US futures are trading flat.  Economic reports due out (all times are eastern): Jobless Claims (8:30), Current Account (8:30), Existing Home Sales (10), Philadelphia Fed Survey (10), Leading Indicators (10), EIA Natural Gas Report  Technical Outlook (SPX): Yesterday was one of the