Good morning Folks,
If you watched the weekend video there were several stocks that were highlighted that made some great moves. We had a nice bounce in the market and it may continue into today. I am still cautious and feel as though this could be an attempt to Set the Hook. Volume was rather light yesterday and many of the names bouncing were due for a relief rally. I am still light on swings and sitting in a good cash position. I did take a swing right before the close in $IDRA. The chart looks fantastic on the daily but it was just a starter position.
Yesterday was a fantastic way to start the week and the luck of the Irish was definitely on my side I look forward to that carrying over to today.
Morning Movers and other stocks that caught my eye
RNA pr last night beat up bio could have a nice continuation, GURE earnings last night nice daily, APRI earnings, ZGNX bounce spot?, ADXS pr nice daily, YOD continuation, PRAN nice daily, IBIO nice daily,BIOF and PEIX still on my radar, MNGA Continuation, INO daily still looks hot, PTX nice daily, IVAN pr decent daily , NEO PR hot daily, MZOR pr nice daily, FF earnings nice daily gapper, $QUIK nice daily
Seeking Alpha
Today's Markets:
In Asia, Japan +0.9% to 14411. Hong Kong +0.5% to 21584. China +0.1% to 2025. India +0.1% to 21833.
In Europe, at midday, London -0.3%. Paris -0.1%. Frankfurt -0.7%.
Futures at 6:20: Dow -0.15%. S&P -0.2%. Nasdaq -0.2%. Crude +0.15% to $98.23. Gold -0.7% to $1363.80.
Ten-year Treasury Yield -3 bps to 2.67%.
In Asia, Japan +0.9% to 14411. Hong Kong +0.5% to 21584. China +0.1% to 2025. India +0.1% to 21833.
In Europe, at midday, London -0.3%. Paris -0.1%. Frankfurt -0.7%.
Futures at 6:20: Dow -0.15%. S&P -0.2%. Nasdaq -0.2%. Crude +0.15% to $98.23. Gold -0.7% to $1363.80.
Ten-year Treasury Yield -3 bps to 2.67%.
Today's economic calendar:
FOMC meeting begins
7:45 ICSC Retail Store Sales
8:30 Consumer Price Index
8:30 Housing Starts
8:55 Redbook Chain Store Sales
9:00 Treasury International Capital
FOMC meeting begins
7:45 ICSC Retail Store Sales
8:30 Consumer Price Index
8:30 Housing Starts
8:55 Redbook Chain Store Sales
9:00 Treasury International Capital
Good Luck Today !!
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