Saturday, April 26, 2014

Are you ready for a Bear Party?

Hey folks, 
Hope your having a great weekend. I hate to be the bearer of bad news> Get it? Bearer? No pun intended>>>> Man I kill me sometimes!!!!! 

This weeks video primarily goes over my take on the markets and as you might have guessed its not all that positive for the bulls. Anything can happen but my sense is its about to get a little scary out there. Caution is my word for the week if you are long biased.

Looks like we are getting strong pre-market action. I remain cautious and will wait to see if that strength holds throughout the day.  

Morning movers and other stocks that caught my eye
SYN pr wouldn't chase it look for volume,  BLDP pr think it has earnings today be careful AGEN pr decent daily,  VHC continuation 50 day cross, NEPT pr needs to crack and stay above the 50 day, GALE pr decent daily, 

  
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Today's Markets:
In Asia, Japan -1% to 14288. Hong Kong -0.4% to 22133. China -1.6% to 2003. India -0.25% to 22632.
In Europe, at midday, London +0.3%. Paris +0.4%. Frankfurt +0.9%.
Futures at 6:20: Dow +0.4%. S&P +0.3%. Nasdaq +0.35%. Crude +0.65% to $101.25. Gold +0.1% to $1301.90.
Ten-year Treasury Yield +2 bps to 2.68%.
Today's economic calendar:
10:00 Pending Home Sales
10:30 Dallas Fed Manufacturing Outlook
Notable earnings before today's open: ACWAHGPARLPAVXAWIBENBWPCHHCHTR,CNACRICYOUECLEDREDUGLWHAELLHLINMCGCMCYNOVPDSROPSOHU,STNGTECHTENUNS
Notable earnings after today's close: ADVSAGNCAMKRAMPBLDPBWLDCBLCLGX,CMPCRDCODENNEXRFTKGGPHELEHIGHLFHLSJECKAMNLMNXMERUN,NCLHOMIPCLPREQCORRKTRRCRTECRUTHSIMOSSWSTAASTMSUTCSUCTT,VLRSWNC

This weeks video link 
http://www.screencast.com/t/3YFByVeO4E 

Stocks highlighted in this weeks video 
GFI, BTG, RTIX, PAAS, EXK, ANV, MVIS, SBGL, TAC, SEM, TINY, NADL, SEM

BEST of Success!!

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