It looks like the markets are going to open up with some weakness but who knows where we will close at the end of the day.
Yesterday was a frustrating day for me. It started out strong but then slowly fell apart. I took trades in $HIMX,$MUX $LEDS and $FXEN.$MUX and $HIMX worked out just fine and I actually held $MUX overnight but $LEDS and $FXEN were a different story. $LEDS went sideways for nearly the entire day and I was forced to sell it taking a lousy 4 cent gain. $FXEN I took a loss after it faded all day from the early morning pop and failed to hold my line in the sand. I thought yesterday was going to be my home run day of the week a real GRAND SLAM kind of day. When in reality it was just a So So kind of day. I didn't lose money but I didn't make what I wanted or should have made. I was to greedy with I should have taken at least some of the profit in $FXEN when they were there.
Morning movers and stocks that caught my eye
$OMER pr,$VNDA pr 10 dolla holla?, $OCZ continuation, $LEDS might have been a day early, $CYTR pr upgrade lots of resistance overhead on the daily, $OVTI big gapper earnings,$KERX riding the 20 day,
$SGYP 20 day holds , $CUR nice flag 20 and day held, $MNKD flaggin, $MTG and $RDN like the daily on both, $AVNR looks hot on the daily, $GRPN,
Seeking Alpha
Today's Markets:
In Asia, Japan +1.4% to 13775. Hong Kong -0.4% to 22392. China-0.7% to 2301. India -2.3% to 19760.
In Europe, at midday, London -0.9%. Paris -0.7%. Frankfurt -0.7%.
Futures at 7:00: Dow -0.5%. S&P -0.5%. Nasdaq -0.5%. Crude -0.6%to $93.07. Gold -0.1% to $1411.00.
In Asia, Japan +1.4% to 13775. Hong Kong -0.4% to 22392. China-0.7% to 2301. India -2.3% to 19760.
In Europe, at midday, London -0.9%. Paris -0.7%. Frankfurt -0.7%.
Futures at 7:00: Dow -0.5%. S&P -0.5%. Nasdaq -0.5%. Crude -0.6%to $93.07. Gold -0.1% to $1411.00.
Today's economic calendar:
8:30 Personal Income and Outlays
9:45 Chicago PMI
9:55 Reuters/UofM Consumer Sentiment
3:00 PM USDA Ag. Prices
8:30 Personal Income and Outlays
9:45 Chicago PMI
9:55 Reuters/UofM Consumer Sentiment
3:00 PM USDA Ag. Prices
Briefing.com
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Good luck trading today!!
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