Good morning folks,
Hopefully you had time to watch this weeks videos and you were able to glean a few trade ideas from them. The trade opportunities may not always develop or work out as planned but at least we have prepared for the opportunities as they arise.
We have a lot of biotech news hitting the street this morning and it looks like we have a few names in the sector making a move. ZFGN and TXMD could both be in play. EKSO is a little penny play also had some nice FDA pr this morning and could give the dolla holla a test. Full disclosure I already own EKSO in my long term hold account. It would be nice to see the biotech sector take out the levels we talked about this weekend.
The Dollar is showing some strength premarket and that could put some pressure on commodities.We had some news out of OPEC over the weekend that may put some additional pressure on Oil. Be careful in the oil, precious metals, minerals and miner sectors.
We have an airline merger and that could be good for the transports. While SUNE's bankruptcy announcement will likely put a cloud over the solar sector. (get it ?? Cloud over the solar sector.. lol> I kill me!)
Today's Markets
In Asia, Japan -0.3% to 16123. Hong Kong closed. China closed. India +0.5% to 25400.
In Europe, at midday, London +0.6%. Paris +1%. Frankfurt +1%.
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.2%. Crude -0.3% to $36.67. Gold-0.5% to $1217.90.
Ten-year Treasury Yield -1 bps to 1.77%
Today's Economic CalendarIn Europe, at midday, London +0.6%. Paris +1%. Frankfurt +1%.
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.2%. Crude -0.3% to $36.67. Gold-0.5% to $1217.90.
Ten-year Treasury Yield -1 bps to 1.77%
8:30 Gallup US Consumer Spending Measure
10:00 Labor market condition index
10:00 Factory Orders
10:15 Fed's Rosengren: "A View on Cybersecurity and Financial Stability from the CEO"
12:30 PM TD Ameritrade IMX
5:15 PM Fed's Kashkari: “Too Big to Fail”
10:00 Labor market condition index
10:00 Factory Orders
10:15 Fed's Rosengren: "A View on Cybersecurity and Financial Stability from the CEO"
12:30 PM TD Ameritrade IMX
5:15 PM Fed's Kashkari: “Too Big to Fail”
ETF's on my Radar
Volatility & SPY OIL Biotech
UVXY XIV VXX TVIX SPXS SPXL UWTI DWTI GUSH DRIP LABD IBB LABU
UVXY XIV VXX TVIX SPXS SPXL UWTI DWTI GUSH DRIP LABD IBB LABU
Gold SILVER Dollar Financials
GLD NUGT JNUG USLV UUP FAS XLF FAZ
Minerals and Miners Utilities RETAIL Transportation
XME GDX GDXJ XLU XRT IYT XTN
DUST JDST
Stock on my Radar Premarket
*pr = Press Release
QURE earnings XBIT pr
Stocks on this weeks watch list CSII CRMD AQXP EVLV GBIM



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