We are flashing a bit of red again this morning after a choppy session yesterday. Greece is getting more coverage and there is growing concern that they could leave the Euro. Oil took a little breather and the recovered near the end of the day. It may just consolidate a bit before it makes its next move. Gold took a little hit yesterday but I would keep a close eye on it along with the NUGT GDX GDXJ keep in mind that they can be very volatile so do not chase them but keep them on your radar.
The indexes are overbought and they appear to be getting tired. Taking a defensive stance may be a good approach to take heading into the weekend.
FYI I had to bail on MNGA yesterday I tweeted out the news of the explosion at their facility the moment I saw it and sold the position. My prayers go out to those that were injured in the accident and their families. I will continue to watch the stock for further developments
Stocks on my Radar Premarket
ARIA can be a pop and flopper but breaking over key level in the premarket off pr, NVGN pr wild mover wait for a set up do not chase, ONCY gapper off pr could tag the 1 dolla holla, ATML daily not bad sold some assets to UNXL(gapper Don't chase) keep an eye on both of themincluding PXLW, IMMR hot daily pr possible 10 dolla holla thin one, ENZN potential continuation possible dip buy, YANG already a swing my look to add, GE TWTR FEYE nice looking daily charts and stocks I want to own on sale, FULL gapping possibly from The Street article out yesterday. TASR making new 52 week highs premarket
CNBC in the NEWS
|IN THE NEWS TODAY|
In Asia, Japan -1.2% to 19653. Hong Kong -0.3% to 27653. China +2.2% to 4288. India-0.8% to 28442.
In Europe, at midday, London -0.5%. Paris -1.4%. Frankfurt -1.6%.
Futures at : Dow -0.8%. S&P -0.8%. Nasdaq -1%. Crude -0.7% to $57.71. Gold+0.7% to $1205.90.
Ten-year Treasury Yield -2 bps to 1.88%