Tuesday, May 31, 2016

Always Growing

Good morning folks,
Hope you had a wonderful holiday weekend. 

Markets are flashing a slightly green open and oil seems to have founds some support as the summer driving season begins.  Gold appears to be under pressure and that could continue if the dollar continues to strengthen. 

We talked about the amount of economic data that will be coming out this week in the Ticker Tv session that could impact the markets. This morning we already have some chatter out from James Bullard from the Fed reaffirming that the markets seem "well prepared" for a rate hike this summer. 

We have some merger news this morning out of the biotech sector and with JAZZ acquiring CPXX and  in the energy space GXP is acquiring WR.  

Today's Markets 
In Asia, Japan +1% to 17235. Hong Kong +0.9% to 20815. China +3.3% to 2917. India -0.2% to 26668. 
In Europe, at midday, London -0.1%. Paris -03%. Frankfurt -0.3%
Futures at 6:20, Dow +0.2%. S&P +0.1%. Nasdaq +0.2%. Crude +0.3% to $49.46. Gold -0.3% to $1213.70. 
Ten-year Treasury Yield +4 bps to 1.87%
Today's Economic Calendar

ETF's on my Radar 
Volatility                                                       OIL                                                Biotech
UVXY XIV VXX TVIX VMIX VMAX            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  
Agriculture                                  SPY 
DBA, DAG                           SPXS SPXL
STOCKS ON MY RADAR PREMARKET  
CBAY pr was already on my radar for the technical setup may get some action off the news

CLF gapping off JP Moragn upgrade with a 7 price target

ICPT we talked about this one on Sunday gapping up premarket of news over the weekend 

NNVC pr potential bounce spot 

AGN Allergan Receives FDA Approval For Teflaro For Pediatric Patients 2 Months Of Age To Less Than 18 Years Of Age Big gap to fill on the daily 

FOLD European approval> 7 roll premarket insider buys from 6.34-6.85 big short interest Could need to raise cash soon 

JEC contract announcement hot looking daily flirting with a 50 roll 

FDC Director Plumeri Buys 250,000 Shares of First Data Corp @$12.44/Share -Form 4


 *PR means press release* 


Stocks that are in this weeks Stocks to watch Ticker Tv session and their performance 




No comments:

Post a Comment