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| The Bull is under attack and the Bears are ganging up! |
As I have been stating all this week it feels like we may finally be getting the pullback that we have needed for quite some time. This my be a little longer and a little deeper than most were anticipating but in the end it will be a good thing and it should create some great opportunities in the future.
Protect your capital have a game plan in mind and stick to your plan!
This weeks video Link
http://www.screencast.com/t/35bbgf5YhG4
Market take and a few stocks on watch for day trades
Stocks highlighted
$ARAY, $IDRA, $NIHD, $SNMX, $VTUS, $NWBO, $MUX
Morning movers and other stocks that caught my eye
$ALQA hot daily pr this morning , $KTOS pr decent daily, $SUPN pr 10 dolla holla?, $RITT pr, pr thin one wouldn't chase it, $BEAT pr Nice daily some overhead resistance but this one can really move, $SALT ipo name decent chart pr, $IPCI nice daily pr 4 dolla holla, $PDLI hot daily pr , $PSTI pr decent daily, $PGRX active thin china name can pop and flop, $BIOS pr nice daily, $GIG active premarket
Seeking Alpha
Today's Markets:
In Asia, Japan -2% to 14619, Hong Kong, China closed. India -1.5% at 20209.
In Europe, at midday, London -0.7%. Paris -0.6%. Frankfurt -0.7%.
Futures at 6:20: Dow -0.2%. S&P -0.2%. Nasdaq -0.2%. Crude -0.2%to $97.26. Gold +0.5% to $1245.80.
Ten-year Treasury Yield +1 bps to 2.66%.
In Asia, Japan -2% to 14619, Hong Kong, China closed. India -1.5% at 20209.
In Europe, at midday, London -0.7%. Paris -0.6%. Frankfurt -0.7%.
Futures at 6:20: Dow -0.2%. S&P -0.2%. Nasdaq -0.2%. Crude -0.2%to $97.26. Gold +0.5% to $1245.80.
Ten-year Treasury Yield +1 bps to 2.66%.
Today's economic calendar:
Auto sales
8:58 PMI Manufacturing Index
10:00 ISM Manufacturing Index
10:00 Construction Spending
Auto sales
8:58 PMI Manufacturing Index
10:00 ISM Manufacturing Index
10:00 Construction Spending
Notable earnings after today's close: ADVS, AEIS, AFOP, AGNC, APC,APU, ARE, BRE, CCK, CFN, DNB, EW, GGP, HIG, HOLX, IDTI, LMNX, MDU,OHI, PFG, PRE, PSMI, SU, TMK, TTWO, UGI, YUM
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Good luck trading today !!
