Good morning folks, How about those Buckeyes>?? What an amazing season!!!!!!!!!!!!!! We are flashing green this morning. Alcoa reported decent numbers last night to kick off earnings season. Oil continues to drop and gold had another strong day yesterday. As we get deeper into earnings we should get a much clearer picture of where the markets are heading. It won't be the earnings that just passed that are important it will be the guidance that is given moving forward that matters. Yesterday we had a flurry of pre-announcements and it was a mixed bag. The IBB, miners and home builders were the strength of the market yesterday while the SMH, IYT, SOCL,XLE and XLF were weak. There is no need to try and catch falling knifes or try and be a hero. Be patient wait for the right setup>>> stay disciplined. Here is the other video I watched this weekend.
Stocks on my radar RNG I really like the daily setup looking for a 15 dolla roll, SIGM hot daily looking for a break of trendline, ZIXI pr Recent share buyback announcement, NOR potential sympathy play to AA, NLST big gapper off of pr look for a pullback, MNGA penny play possible continuation pr penny play, CTIC pr active premarket, PHMD looks like it wants the 2 dolla holla, MOC thin one looking for the 3 dolla roll, LAS pr could go for the dolla holla can be a pop and flopper so be careful, ARNA nice daily possible 6 dolla roll, NSPR thin one dolla roll premarket off pr ugly daily don't chase it, ELX earnings guidance better than expected 6 dolla roll
USO UUP JDST NUGT TVIX TZA IWM IBB NDAQ SPY for market sentiment
Seeking Alpha
Today's Markets: In Asia, Japan -0.6% to 17088. Hong Kong +0.8% to 24216. China +0.2% to 3236. India -0.6% to 27426. In Europe, at midday, London +0.9%. Paris +0.7%. Frankfurt +0.5%. Futures at 6:20: Dow +0.4%. S&P +0.3%. Nasdaq +0.4%. Crude -2.8% to $44.78. Gold +0.6% to $1239.80. Ten-year Treasury Yield -4 to 1.87%
U.S. stock futures were higher in early trading, after a two-day slide on concern about plummeting oil prices and whether earnings at large corporations might show weakness as a result. (CNBC)
Oil prices continued their dramatic slump to near-six-year lows this morning, as an oil minister from OPEC reiterated that the group would not be changing its production strategy. (CNBC)
Alcoa (AA) topped expectations with earnings and revenue as the metals giant saw growth in its aerospace and automotive markets due to higher demand for aluminum. (CNBC)
Airbus clung to the top spot in commercial plane orders, but failed to close a gap in deliveries, which saw Boeing (BA) retain the title of world's largest aircraft manufacturer for the third year running. (Reuters)
Apple (AAPL) stock usually sees speculative leaps before product launches, but analysts are skeptical about how much the upcoming Watch can boost share value. (CNBC Pro)
French authorities are concerned that six terror-cell members may still be at large after the deadly shooting at the satirical publication Charlie Hebdo in Paris last week. (USA Today)
Meanwhile, the latest issue Charlie Hebdo features a cover cartoon of the Prophet Mohammed holding a sign reading "Je suis Charlie," which translates in English to “I am Charlie.” (Reuters)
The hacking attack on the U.S. Central Command's social media accountsis a combination of vandalism and cyberterrorism, Bill Richardson, former New Mexico governor and United Nations ambassador, told CNBC.
A woman riding on a Metro train in Washington, D.C., died Monday and 83 other passengers were taken to hospitals, at least two in critical condition, after the train filled with smoke. (Washington Post)
BY THE NUMBERS
The latest small business sentiment index from the National Federation of Independent Business is out at 9 a.m. ET, with economists looking for a slight uptick for the December reading.
Investors will get a look at the latest JOLTS report today at 10 a.m. ET, the widely watched measure of job opportunities and labor turnover.
The Treasury’s monthly budget statement for December is released at 2 p.m. ET.
Home builder KB Home (KBH) is among the companies set to issue quarterly earnings this morning, with Dow Transportation component CSX (CSX) among a handful with numbers due after today’s closing bell.
STOCKS TO WATCH
Amazon (AMZN) has created 6,000 new jobs in Europe, thanks to strong demand. The e-commerce giant said those jobs are full-time, putting its permanent Europe staffing levels at 32,000.
RadioShack (RSH) was offered a $500-million loan by Salus Capital Partners, according to the Wall Street Journal. The electronics retailer said in September that it might file for bankruptcy.
Toyota (TM) is planning new assembly plants in China and Mexico, according to Reuters, ending a three-year moratorium on new plants. The freeze was supposed to expire in March 2016.
This year, one of the things I would like to accomplish is putting together a group of aspiring and active traders/ investors for monthly informal social gatherings where we can talk about stocks, the markets, trading and investing strategies. Last night was the first meeting and while it was a small group it was really a lot of fun. If you are in Vegas and interested in being part of such a group email me @ Alphawolfvegas66@gmail.com
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