Its That Time Again

                            PARTY TIME!

Good morning folks, 
The markets continued to struggle yesterday however we are approaching a few areas of potential price support. We have a ton of economic data today and we get the statement from the Fed topped off with a Janet Yellen press conference. 

Its like Fourth of July early!!! We can expect all kinds of fireworks and excitement!!!! 

Okay>> maybe that is a bit of a stretch....... but it could be an exciting day for traders.

Typically we get a head fake move from the markets while all the analysts and talking heads on the financial networks dissect and absorb all the data and the statement.

Even though we had another down day in the markets yesterday several of the indexes actually bounced off potential support and that could get some follow through today. Markets around the globe are firmly in the green as our markets are also green in premarket action.  

Trading on Fed days can be tricky so be careful out there!
Today's Markets 

In Asia, Japan +0.4% to 15919. Hong Kong +0.4% to 20467. China +1.6% to 2887. India+1.3% to 26726.
In Europe, at midday, London +0.8%. Paris +1.4%. Frankfurt +1%.
Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.2%. Crude -1% to $48.03. Gold-0.3% to $1284.20.
Ten-year Treasury Yield +2 bps to 1.63%

Today's Economic Calendar

7:00 MBA Mortgage Applications
8:30 Producer Price Index
8:30 Empire State Mfg Survey
9:15 Industrial Production
10:30 EIA Petroleum Inventories
2:00 PM FOMC Announcement
2:00 PM FOMC Forecast
2:00 PM Chairman Press Conference
4:00 PM Treasury International Capital

ETF's on my Radar 

Volatility                                                               OIL                                      Biotech
UVXY XIV VXX TVIX VMIX VMAX       UWTI DWTI GUSH DRIP USO     LABD IBB LABU      

 Gold                                SILVER         Dollar                                Financials

GLD NUGT JNUG           USLV             UUP                                 FAS XLF FAZ HYG JNK

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

CANF pr very small floater active premarket could get some follow through with a 3 test and roll 

PNK Insider buy 15k @ 11.40 a share flirting with 11

EXAS potential parabolic play eventually going to make a nice short

X  caught an upgrade active premarket flirting with 17 and AKS in sympathy 

VRX could be finding its bottom holding up fairly well in this area 

CLRB active premarket off pr flirting with a 4 roll recent reverse split super tiny floater likely needs to raise cash soon 

VHC has been grinding higher on good volume could be something brewing there > be careful Binary event stock could be halted at any time with a judgement from the courts that can go either way

TWTR potential continuation off rumors of being a take out candidate 

 *PR = Press Release* 

This weeks Ticker Tv Stocks to watch and their performance below