The FOMC meeting is scheduled for Tues and Wed this week. He should give us a glimpse into whether he is leaning towards continuing his easy monetary policy or if he is leaning towards tightening. At the very least there will be some type of cryptic clue that will be dissected by the investment community and that usually provides some volatility to the markets because no one can agree on the true meaning of what the Fed says. My best recommendation is right before the FOMC is set to speak take a chill pill have your finger on the trigger and be ready to play the frantic action that often occurs don't over commit to the initial reaction of the market because often the first reaction is wrong so be flexible and ready play both directions.
Stocks on the move and others on watch
$KNDI pr. $FOLD has a conference call scheduled worth keeping an eye on, $BIOD pr, $TTHI pr , $AXAS pr bounce off 200day , $CTIC pr hot daily,
This weeks video watch has a few morning movers as well
http://www.screencast.com/t/H5X9ircVg
Other news: KNDI +13.2% (Kandi Technologies Plans to Deploy 5000-10000 Pure EVs in Hangzhou for the Initial Launch of Public EV Sharing System), AMD +3.8% ( seeing early strength following positive Barron's mention), FTE +3.8% (French President Francois Hollande has ruled out FTE holdings early sale, according to reports (), VOD +3.5% (Vodafone PLC may be planning on raising EUR 6 bln for Kabel Deutschland purchase, according to reports ), WY +2.5% ( announces offering of 10 mln of its Mandatory Convertible Preference Shares, Series A; offering price expected to be $50.00 per share; announces public offering of 28 mln of its common shares ), BBRY +1.8% (still checking), ADVS +1.4% ( announces ex-dividend date of July 10, 2013 for $9 special cash dividend), UL +1.2% (still checking), FB +1.1% (strength may be attributed to reports that co plans to launch news reader June 20; also received 9-10K data requests from Government in 2012, according to reports), ZTS +1% (Zoetis set to Join S&P 500; First Horizon National to join S&P MidCap 400; QLogic to join S&P SmallCap 600), BA +1% (Boeing and Qatar Airways announce agreements for nine Boeing 777-300ER airplanes; total value of agreement is $2.8 bln at current list prices), QLTI +0.7% ( announces shareholder approval of $200 mln special cash distribution to shareholders and election results ), GOOG +0.6% (Google considering ballon powered internet access, according to reports).
Seeking Alpha
Today's Markets:
In Asia, Japan +2.7% to 13033. Hong Kong +1.2% to 21226. China-0.3% to 2156. India +0.8% to 19326.
In Europe, at midday, London +1%. Paris +1.8%. Frankfurt +1.5%.
Futures at 7:00: Dow +0.8%. S&P +0.9%. Nasdaq +1%. Crude +0.65%to $98.49. Gold -0.1% to $1386.20.
In Asia, Japan +2.7% to 13033. Hong Kong +1.2% to 21226. China-0.3% to 2156. India +0.8% to 19326.
In Europe, at midday, London +1%. Paris +1.8%. Frankfurt +1.5%.
Futures at 7:00: Dow +0.8%. S&P +0.9%. Nasdaq +1%. Crude +0.65%to $98.49. Gold -0.1% to $1386.20.
Briefing.Com
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Good luck trading today !!!
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